Answer:
Total, competition and entry are restricted
Explanation:
Monopoly is a market where there is a single seller, so the seller have the power to charge high prices from the customers. It arises because one firm meet the entire market at lower average total cost than 2 or more firms.
A legal monopoly or statutory monopoly, firm is protected by the law from the competitors. So, it provides the competition as well as the entry restriction.
Answer:
The answer is $677.43
Explanation:
The file attached is a word document that explains the problem in details. Thank you and i hope it helps you
The items that describe a free market economy are :
- Freedom for consumers and producers
- Distribution by price
- Motivated by self-interest
Hope this helps
Answer:
it is an adjustment to net income.
Since the prepaid expenses increased during the year, the amount by which it increased should be deducted from operating cash flows
Explanation:
other adjustments to net income:
depreciation expense
changes in accounts receivable
changes in inventory level
changes in accounts payable
changes in other current liabilities, e.g. taxes payable
Answer:
D) have customers who operate in many different parts of the country.
Explanation:
A lockbox is basically a bank mailing address where a company's clients can send their payments to. It is similar to mailbox that receives letters, only that this one receives checks and cash. The bank is in charge of opening the lockbox and depositing the cash and checks to the company's account, and reporting the information.
