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Gala2k [10]
3 years ago
5

A monopoly is most likely to emerge in a market when

Business
1 answer:
Zanzabum3 years ago
5 0

Answer: there is only one producer of a commodity

Explanation: In simple words, monopoly refers to a market structure in which there is only one participant in the market who is making available the commodity to the customers.

Monopoly can arise from a number of factors such as patents rights, new invention etc. Sometimes the govt. of a country finds it suitable to handle a particular industry for the national benefit such as defense.

Although monopolist is the single producer but still he or she cannot charge any price as the rule of  price and demand is applies to monopoly also.

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Laura, a sales manager at Dexter Inc., claims that labor and management are rivals for most organizations. Brooke, the HR manage
Afina-wow [57]

Answer:

Dexter Inc.

The statement that best supports Brooke's perspective is:

Examples of cooperation between labor and management include employee involvement in decision making and self-managing teams.

Explanation:

When labor and management act as rivals or adversaries, it does not benefit their organizations.  They should find common grounds for cooperation.  Organizations should involve their employees in more decision-making.  Despite their incongruent goals, unions and management should find win-win solutions.  Paying employees a living wage does not impoverish the organization.  On the contrary, everybody is greatly enriched.

3 0
3 years ago
Preparing a Production Budget Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects
TiliK225 [7]

Answer:

$135,010

Explanation:

Duration

January

February

March

Expected Sales

41,000

38,000

50,000

Add: Ending Inventory

(21%×38,000) 7,980

(21%×50,000) 10,500

(21%×51,000) 10,710

Less:Beginning Inventory

4,700

7,980

10,500

Units to be Produce

(7,980-4,700)+41,000=44,280

(10,500-7,980)+38,000=40,520

(10,710-10,500)+50,000= 50,210

Quarter in Total $135,010

7 0
3 years ago
Shen lives in Dallas and runs a business that sells pianos. In an average year, he receives $851,000 from selling pianos. Of thi
Elis [28]

Solution :

1.

The income from renting his showroom that Paolo would receive if he allowed to rent his showroom is a Implicit cost as this is a cost which will not be paid in actual.

The wages as well as the utility bills paid by Paolo is an example of explicit cost as this cost would be paid in actual for the businesses and are added in accounting.

The wholesale amount that Paolo pays for the pianos to the manufacturer is an explicit cost and is aid in actual to the manufacturer.

The salary that Paolo could have earned if he choses to be an accountant will be an implicit cost as this cost is not paid in actual.

2. Paolo's accounting profit can be calculated by :

  Accounting profit = revenue - explicit cost

                                 = 851,000 - 476,000 - 281,000

                                = $ 94,000

3. Paolo's economic profit is :

   Economic profit = accounting profit - implicit profit

                             = 94,000 - 34,000 - 71,000

                              = -11,000

6 0
2 years ago
If D0 = $2.00, g (which is constant) = 6%, and P0 = $40, what is the stock's expected dividend yield for the coming year?
Ne4ueva [31]
666, but to be honest I don’t understand what you are trying to say but yup
5 0
3 years ago
When a cold snap hits florida, the price of orange juice rises in supermarkets throughout the country.”?
olganol [36]

The price of orange juices rises when a cold snap hits Florida because orange crops are damaged in cold weather, having a reduced supply of the orange products, by this, if there is a reduce supply, the demand will likely be high and because of that, prices rise.

7 0
3 years ago
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