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3 years ago

Which scenario BEST represents monopolistic competition?

Business

2 answers:

ruslelena [56]3 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]3 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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Colleen Matthews had just turned 22 when her hard work finally started to pay off. Six months earlier Colleen graduated from a s

const2013 [10]

Answer:

Prosecutors of this case can use the net worth method to determine the extent these executives have been receiving illegal incomes by computing their wealth at the beginning and at the end of the period under investigation.

There will be an increase in the executives wealth, and since this increase cannot be traced to any legal income source, it will become taxable income, with the calculated penalties and fines.

Explanation:

The net worth method specifies that any increase in wealth, which is not traced to non-taxable sources, should be determined as a taxable income for the period under review. Ordinarily, the net worth is the difference between assets and liabilities. Since the executives use the money personally at their convenience, this will increase their personal wealth.

5 0

3 years ago

Talks-A-Lot, Inc. sells cell phones to customers and expects that 10% of phones sold will be returned for repair under its warra

Gnom [1K]

Answer:

Product warrant liability to be reported as on 31.12.2021* is $3.124

<em>*The procedures are attached in a microsof excel document. </em>

Explanation:

This amount will be recognized as a liability only if product warranty amount can be rmeasured reliabily and there is probability that there will be an outflow of funds.

Download xlsx

6 0

3 years ago

What is 700 units at $6.80 value

jek_recluse [69]

Answer:

$4760

Explanation:

700 units at 6.80 value/unit

700 x 6.80

= 4760

8 0

3 years ago

Companies that think carefully about the impact of sensations on product experiences are practicing ________. hedonic consumptio

kolbaska11 [484]

The companies that think carefully about the impact of the sensations are practicing sensory marketing.

<h3>What is sensory marketing?</h3>

This is the type of marketing that is done to make a product to be appealing to all of the five senses of a person that is to consume to the good.

The sensory marketing is correct here because the products are to be appealing to the senses.

Read more on sensory marketing here: brainly.com/question/24925953

4 0

3 years ago

During 20--, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $7,700. Compute the amount of FIC

r-ruslan [8.4K]

Answer:

Total FICA tax is $ 9792+ $ 823.60= $ 10,615.6

Explanation:

The FICA tax is 7.65% for employees wages upto 128,000 and 1.45 % in excess of $ 128,000

Suppose the FICA tax rate is 7.65 % and her monthly salary is $ 7,700*2= $15,400

Her yearly salary is $15,400* 12= $ 184,800 which is above $ 128,000

So the Fica Tax would be = 128,000 * 7.65%= $ 9792

And 1.45 % 0f (184,800- 128,00)$ 56,800= $ 823.60

Total FICA tax is $ 9792+ $ 823.60= $ 10,615.6

6 0

3 years ago