Answer:
III only.
Cultural attitudes toward antitrust law differ.
Explanation:
Competition law is an area of law that seeks to maintain a level playing field for all participants in an industry by protecting them against anti-competitive conduct by companies.
For example two major players in an industry may collaborate to raise price of goods.
However in foreign competition law we have to consider that cultural attitudes towards antitrust law differs. What is accepted in one country may not apply in another. So there is absence of litigation when considering competition in the foreign scene.
Answer:
The correct answer would be, Owner. The analyst should seek out an employee who has the role of owner.
Explanation:
An information security analyst is a person who make the computer systems of a company Safe and Secure. Firewalls and Data Encryption programs are being installed by the information security analysts in order to safeguard the company's information. Also new security trends are updated on regular basis and they keep the management informed about the security of the data and information. While developing the security program for the company, the best person who can answer the questions, about how data for a specific system is used in business and up to which extent the security is required for specific data and information, is the owner. The owner is the one who can tell the security analyst to do what he wants and requires.
Answer:
a. 9%
b. Yes, the firm earning an economic profit of 2%
c. Yes, Industry will see entry or exits
d. Rate of return of economy = 7%
Explanation:
a. Percentage rate of return = Earning ÷ Investment by founders × 100
= $18 ÷ $200 × 100
= 9%
b. Company rate of profit - Rate of profit of economy
= 9% - 7%
= 2% > 0
Yes, the firm earning an economic profit of 2%
c. Yes, Industry will see entry or exits because industry is competitive in nature and would to like to compete to others by satisfying the consumers . In perfect competitive markets there will be no entry or exits and critical characteristics reason companies are free for entry and exit for marginal profits.
d. Industry is competitive , there will be supplier to serve the market and its hard to decide the price of the product.
Hence, the rate of return long run equilibrium earned by firm = Rate of return of economy = 7%
