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3 years ago

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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Explain why the demand for a particular brand of apple juice is elastic.

aniked [119]

Elastic demand that can also be called demand elasticity refers to how responsive the demand for this brand of apple juice is by change of prices and consumer income. if they sell out a higher amount of apple juice from customers than usual, then they’d probably sell it for a higher price.

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3 years ago

During the months of January and February, Hancock Corporation sold goods to three customers. The sequence of events was as foll

Murrr4er [49]

Answer:

Net Sales $2720

Explanation:

Hancock Corporation

Jan 6: Sales $ 1500

Add Jan 6 Sales $ 850

Less Jan 14 Sales Discount $ 30 ( 2% of $ 1500)

Add Feb 28: Sales $ 400

Net Sales $2720

Only a 2% discount is given on the cash received on Jan 14 on the sales made on JAn 6 to S. Green because the cash is received within the first ten days of sales made. The cash received on Feb 2 is not given the sales discount as it is received after ten days of the sales made. That is sales were done on Jan 6 to M. Munoz. with the terms 2/10, n/30 meaning discount will be given within the first ten days . But as the payment was on Feb 2 almost 17 days later the discount is not given.

The term 2/10 n/30 means a two percent discount will be given if sales were paid within the first ten days. So a discount is given to S. Green but not M. Munoz as payment is done after 10 days.

6 0

3 years ago

Spurling et al. investigated the effects of two vocabulary learning strategies on word retention two weeks later. in this exampl

oee [108]

Learning strategy is the independent variable and word retention is the dependent variable.

A dependent variable is the thing that is being measured or tested by changes in the independent variable. Spurling wanted to test how word retention depended on different learning strategies.

7 0

3 years ago

Read 2 more answers

So I want to say that I want to be a police or an FBI but also want to be a business woman what do I do or what do I need to kno

tangare [24]

If u are good at communicating and u are good at making decisions be a businesswomen. if ur good in history and u do a sport and can be alert be a police officer. follow ur gut don’t feel pressured and than regret taking it. remember people still don’t know their major in college so don’t rush.

6 0

3 years ago

The _____ Act established strict accounting and reporting rules to make senior managers more accountable and to improve and main

MrMuchimi

Answer:

Sarbanes Oxley

Explanation:

The Sarbanes Oxley act was passed in 2002 by the US congress to ensure that senior managers are more accountable by establishing strict accounting and reporting rules.

The Sarbanes Oxley Act created and gave powers to the Public Company Accounting Oversight Board to overlook the activities of the accounting industry. The Act also bans company executives from accessing loans.

Cheers.

4 0

3 years ago