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3 years ago

What type of monopoly is based on ownership of a manufacturing method or other scientific process?

Business

2 answers:

Licemer1 [7]3 years ago

6 0

Answer:

Technological monopoly

Explanation:

Trust me. I got it right.

Natalka [10]3 years ago

3 0

Answer:

Technological monopoly

Explanation:

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A study was done of all homicide convictions in the State of Florida between 1976 and 1980 in order to examine if the applicatio

saw5 [17]

Answer and Explanation:

This is an example of Simpson’s paradox

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3 years ago

Explain how the political systems of countries differ. Explain how the economic systems of countries differ. Explain how the leg

KIM [24]

<h2>Every country operate in a different yet similar system of both political and social affairs.</h2>

Explanation:

Every country operate in a different yet similar system of both political and social affairs. In terms of political differences, some countries have parliamentary governments while some countries like the US have presidential governments.

Regardless of how each country operate politically, most of the operational system of these countries are embedded in democracy and the general welfare of its citizens. The differences occur because of these operational systems of each country. They could differ in policies, reforms or laws which are based on the interests of its people and the nation.

In economic terms, the differences occur when governments prioritize what economic policies or model they choose to implement. Economic systems of a country change according to the need of the times. For instance, China initially, after its independence, chose to remain a closed economy until it reformed its policies in 1978 to finally open up the country.

Legal systems of countries differ from one another as every country use a civil law system based on its cultural, social, political and historical circumstances. For instance, in US each state has the power to establish its own legal procedures while in some country, every state must follow a uniform civil code.

As we know the political economy refers to both the political and economic systems of a country, management practice of national differences is important to taken into account before securing economic relations with another country. Management practice of national differences helps in finding favorable economic and political systems around the world for a country to make both economic and political partnership with.

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3 years ago

If a Pennsylvania gun manufacturer raises the price of rifles it sells to the U.S. Army, its price hikes will increase a. both t

Anastaziya [24]

Answer:

D. The GDP deflator but not the CPI

Explanation:

GDP deflator is a tool used in measuring the changes in prices of goods and services produced in the country. It is measured by dividing nominal GDP with the real GDP. Since the Gun is part of the GDP, hike in prices will affect the GDP deflator.

On the other hand Consumper price index measures changes in prices of basket of goods and services consumed by households. The guns are not been bought by households but rather they are bought by the army in the US. Therefore changes in the price doesn't affect CPI.

6 0

3 years ago

3. (1 point) Suppose a firm faces potential demand from two customer bases, H and L, with high and low valuation of the firm’s p

MariettaO [177]

Answer: A. increases with the number of H consumers.

Explanation: If all type H customers are currently purchasing the product, it means that its customer base is large and significant enough and as such the firm would prefer to sell all of its product to H, and also do to the fact that there is only so much supply that a firm can provide. But, fewer quantities of goods would remain for L if more and more goods are sold to H. Due to this lower quantity supplied to the L customer base, it then means that the firm can set the price higher for L. This is because at a higher price, quantity demanded reduces (which is expected for L) and it can therefore maintain supply to H which has more customers.

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4 years ago

Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f

Stels [109]

Answer:Profit margin = 29.94%

Asset Turnover =0.50

Return on investment (ROI) =15.09%

Explanation:

Given

Sales for the year = $ 17,700,000

Net Operating Income = $ 5,300,000

Average Operating Assets = $ 35,100,000

a)Profit margin = (Net operating income/Net sales ) x 100%

= $5,300,000/$17,700,000 x 100% = 29.94%.

This shows that the Alyeska Services company has ability to turn income to profit by 29.94%

b. Asset Turnover = Total Sales/ Average Total Assets = $17,700,000/$35,100,000 = 0.50

c. Return on investment (ROI) =Net income/Total investment x 100%

= $ 5,300,000/ $ 35,100,000 x 100% =15.09%

3 0

3 years ago