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4 years ago

15

A firm that backward vertically integrates A. may be producing its own inputs. B. moves downstream in the production process. C.

requires that the production process be relatively simple. D. has to merge with another firm.

1 answer:

ipn [44]4 years ago

5 0

Answer:

Option A; may be producing its own inputs

Explanation:

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Your 7-year-old sister and 5 of her friends open a lemonade stand every summer. This past summer, they made $40 per day for 45 d

horsena [70]

Answer:

Her contribution was $300 and total contribution was $1,800

Explanation:

Gross Domestic Product is the value of goods and services which is produced or performed in the specific period. The value included in the GDP is the gross value of sales minus the costs associated to make it. In this question they made $40 per day it means they earned the return of $40 per day after deducting all the expenses from sales amount.

So, total contribution will be

Total = $40per day x 45 days = $1,800

Her contribution = $1,800 / 6 = $300

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4 years ago

Explain, using examples, the abuse of monopoly power as a market failure.

saw5 [17]

Answer:

Explanation:

A monopoly is a market structure where there is only one supplier of a product and many buyers. An example of a monopoly is Microsoft; it is a price setter in the market. Abuse of monopoly power can occur when a firm dominates the market meaning no competitors within the industry. This abuse could be in form of limiting output or setting higher prices to benefit from supernormal profits . This therefore leads to less choice for consumers.Over time, monopolies can become less innovative because they do not have competition and causing the market to fail and be inefficient; the price mechanism fails to take into account all of the costs and/or benefits of providing and consuming a good.

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4 years ago

Suppose that the Federal Reserve purchases a bond for $100,000 from Reggie Rich, who deposits the proceeds in the Manufacturer’s

Nastasia [14]

Answer:

1. Money supply <u>increase</u><u> </u>by $100,000 because federal reserve purchase bond of $100,000 from Riggie Rich.

2. Increase in additional loans = Deposits - Reserve Required Ratio

Increase in additional loans = $100,000 - $100,000*25%

Increase in additional loans = $100,000 - $25,000

Increase in additional loans = $75,000

As a result of Rich' s deposits, Manufacturers Bank will able to extend $75,000 in additional loans.

3. Increase in Deposits = Change in Reserve x 1 / RRR

Increase in Deposits = $100,000 * 1/25%

Increase in Deposits = $100,000 * 1 / 0.25

Increase in Deposits = $4,000,000

As a result of this purchase by the fed, the maximum increase in the quantity of checkable deposits that could result through out the entire banking system is $4,000,000

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3 years ago

4. The finest veal is _______-fed. <br><br> A. field<br> B. grass<br> C. grain<br> D. milk

wlad13 [49]

Answer:

The finest veal is milk-fed.

Explanation:

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4 years ago

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Elixir inc. has a recruitment policy that favors hiring people from minority groups. to ensure that its diverse workforce helps

Alex787 [66]

Keeping its needs in mind, Elixir will most likely hire a <u>"socioculturalist".</u>

Sociocultural theory is a rising theory in psychology that takes a gander at the essential commitments that society makes to singular advancement. This theory focuses on the association between creating individuals and the way of life in which they live. This hypothesis proposes that human learning is to a great extent a social procedure.

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3 years ago