Answer:
Security Cameras, Security Guards, Radios, Drones
Explanation:
Is this what you meant?
Answer:
The Amount of pension expense is $195,000
Explanation:
The computation of the amount of pension expenses reported is shown below:
Service cost $150,000
Interest on projected benefit obligation 63,000
Amortization of prior service $54,000
Less: Expected return on plan assets -$72,000
The Amount of pension expense is $195,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer: We have no legal responsibility but do have some ethical responsibility.
Explanation: As the owner of a casino we do not have any legal liability but as human and a part of society we do have to make sure that gambling in such casinos is not ruining the environment for the individuals living in it.
We have the responsibility towards the kids especially. We must make sure that kids stay away from such casinos as no one knows at an early age of what is right for them and what is not.
We can make rules about the maximum amount of which one can gamble and should monitor strictly of any other unethical conduct that is going on.
Answer: the right to be heard
Explanation:because you need public opinion to get in idea for something
Answer:
attract other firms to enter the industry, causing the existing firms' profits to shrink.
Explanation:
Monopolistic competition can be defined as an imperfect competition where many producers or organizations sell differentiated products that are not perfect substitutes. Examples of firms or organizations engaging in a monopolistic competition are restaurants, shoes, clothing lines etc.
Generally, a monopolistic competitive market is characterized by the presence of large numbers of firm (producers) and a very low entry barrier.
Hence, in a monopolistic competition, firms have a degree of control over price, make independent decisions and can freely enter or exit the market in the long-run. Therefore, these firms combine elements of both monopoly and competition.
When a monopolistically competitive firm is in long-run equilibrium marginal revenue is equal to marginal cost (MR = MC) . This ultimately implies that in the long-run, firms engaging in monopolistic competitive market are often going to manufacture the quantity of goods where the marginal cost (MC) curve intersect with the marginal revenue (MR). Also, the price set would be greater than the minimum average total cost (ATC).
Hence, assuming that in a monopolistically competitive industry, firms are earning economic profit. This situation will attract other firms to enter the industry, causing the existing firms' profits to shrink.
