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hoa [83]
3 years ago
11

Only three airlines fly from San Francisco to Medford, Oregon. No new airline will enter this market, because there are not enou

gh customers to share among four or more airlines without each one experiencing substantially higher average costs. Consumers view all airlines as providing basically the same service and will shop around for the lowest price.
Which market model does this scenario present?

a) Oligopoly
b) Perfect Competition
c) Monopoly
d) Monopolistic Competition
Business
1 answer:
I am Lyosha [343]3 years ago
8 0

Answer:

a) Oligopoly

Explanation:

The oligopoly is a market structure which characterized by the presence of a few large companies producing homogeneous or differentiated products

In this market, there are few sellers plus there is also a barriers for entering the new firms in the market. Also, the prices are normally fixed in this market because due to the competitors as they are fear of price war

So in the given question, it indicated the oligopoly scenario

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Yzer Inc. asked for volunteers from its employees to help with yard work on its premises prior to a grand reopening. Barton Rodr
charle [14.2K]

Answer: Yes he should.

Explanation:

Barton Rodr was a salaried programmee who was working for Yzer at the time of the accident.

He decided to volunteer to help his company with yard work for it's grand reopening.

Whilst helping, he sustained an injury and notified his employers of his intention to seek workers compensation benefits. In doing so, he has satisfied one of the requirements for claiming such.

His employer then refused to grant him workers compensation as it says that he was not working at the time.

This is untrue as Barton Rodr was working at the time of the incident. Even though he was volunteering for the company, it does not mean that he was a volunteer because he was not an ordinary person but rather an employee of the firm.

According to the law, workers compensation arises in the line of duty to the employer. The only deviation is where the employee is doing something purely personal or for another entity. Barton Rodr in this instance was still serving his employer even though it was outside the office.

It is important to note that what Mr. Rodr was doing was in the interest of his employer and he was still an employee when the incident happened.

These 2 facts alone entitle him to workers compensation benefits.

6 0
3 years ago
A computer equipment was acquired at the beginning of the year at a cost of $56,000 with an estimated residual value of $5,000,
Tju [1.3M]

Answer:

=$25,400

Explanation:

The cost of the compute was $56,000

The residual value was 5000

Useful life is 5 years

Using the straight-line depreciation method, book value after three years will be

The depreciable amount will be the asset cost value - residual value

= $56,000 - $5000

= $51,000

The depreciation rate will be 1/5 year x 100 = 20%

depreciation per year will be 20% x 51,000

= 20/100 x 51,000

=$10,200

Depreciation for three years will be $10,200 x 3= $30,600

The book value after 3 years :

Book value = original cost - accumulated depreciation

= $56,000 - $30,600

=$25,400

5 0
3 years ago
Read 2 more answers
When it comes to saving money, what is a good rule of thumb?
mash [69]
Think this is a keep most of your saving in your checking account
3 0
3 years ago
Marcie frequently requests meetings between her team and counterparts in portland. she often spots issues that will affect both
Lesechka [4]
<span>Marcie is being a leader, but is playing a task role for her team. She is concentrating on what the team needs to get the job or tasks completed. Her behavior is a proactive approach to keep this process running smoothly with no surprises.</span>
6 0
3 years ago
Explain one situation when you will use these two pricing strategies penetration pricing and skimming prices
Dominik [7]

Answer:

An electronic news portal that offers one complimentary month for something like a free trial service or an institution that offers a free bank account for 6 months are both instances of penetration pricing.

A pricing technique known as price skimming is establishing a premium charge when other rivals enter the market. For instance, the Playstation 3 was initially priced at $599 in the United States, but has now been lowered to around $200.

5 0
3 years ago
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