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Ymorist [56]
2 years ago
5

Which scenario BEST represents monopolistic competition?

Business
2 answers:
ruslelena [56]2 years ago
4 0

<span>A company wins a contract to be the sole provider of phone and cable television service for a city.</span>
harkovskaia [24]2 years ago
4 0

The best scenario of monopolistic competition is when a SPECIFIC product or service is preferred.

EXAMPLES ARE . . .

A family decides to stay at SPECIFIC hotel on vacation because it has a swimming pool with a slide.

A college student chooses cellular service based on the availability of a SPECIFIC type of phone.


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Which of the following is a result of unemployment that is very low? a. The few people who are unemployed stop looking for jobs.
hammer [34]

Answer:

Option "C"  is correct.

Explanation:

Option "c" is correct because companies are facing difficulties in the recruitment of workers which exhibits that few workers are available in the market. That means the company does not have enough options regarding the workers so it finds difficulty in the recruitment. Moreover, the availability of few workers means unemployment is very low.

6 0
3 years ago
Handy Hiking produces backpacks. In the previous year, its highest and lowest production levels occurred in July and January, re
KonstantinChe [14]

Answer:

$15 per backpack

Explanation:

The  average variable cost per of producing a backpack by using the high low method is shown below:

Variable cost per backpack = (High total cost - low total cost) ÷ (High backpack produced - low backpack produced )

= ($110,000- $87,500) ÷ (4,000 backpack produced   - 2,500 backpack produced  )

= $22,500 ÷ 1,500 backpack produced  

= $15 per backpack

6 0
3 years ago
Which phrase best describes a function
Nata [24]

It is a formula containing arguments. This is because a function maps the domain to its range. Argument is synonymous to domain.

Hope this helps!

5 0
3 years ago
Hamasaki Company owns 30% of CDW Corp. stock and has significant influence. Hamasaki received $6,500 in cash dividends from its
Anuta_ua [19.1K]

Answer:

A. True

Explanation:

Account Title Debit Credit

Cash 6500

Investment in CDW Corp. 6500

4 0
3 years ago
Butler Corporation is considerIng the purchase of new equipment costing $81,000. The projected annual after-tax net income from
Dahasolnce [82]

Answer:

d. $(6,642)

Explanation:

The present value is the sum of after tax cash flows.

Present value can be calculated using a financial calculator

Cash flow in year 0 = $-81,000

Cash flow each year in year 1 to 3 = $27,000 + $2,900 = $29,900

I = 10%

Present value = $(6,642)

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

6 0
2 years ago
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