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Tems11 [23]
3 years ago
10

A characteristic of a natural monopoly is that

Business
1 answer:
navik [9.2K]3 years ago
6 0

the answer is B. adding businesses in competition would increase cost to the consumer.

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Prime Company began operations in January, 2019, by issuing 5,700 shares of 9%, cumulative, $65 par value preferred stock and 25
8090 [49]

Answer:

Preference dividend = 9% x $65 x 5,700 shares

                                = $33,345

Dividend paid to ordinary shareholders = $50,000 - $33,345

                                                                 = $16,655

Explanation:

The dividend paid to preferred stockholders is 9% of the par value multiplied by number of preferred stock outstanding. The dividend paid to common stockholders is the difference between total dividend paid and dividend paid to preferred stock holders.

6 0
3 years ago
"The following per unit cost information is available: direct materials $10, direct labor $4, variable manufacturing overhead $3
natta225 [31]

Answer:

The target selling price =$45  

Explanation:

The target selling price is the sum of the total unit cost plus 25% of the the unit cost

The target selling price = Total per unit cost + (25% × total unit cost)

The total unit cost is the sum of all the costs involved making the product available to the consumer.

The sum of direct material cost , labour cost variable manufacturing, fixed manufacturing overhead, variable selling and administrative expenses and fixed selling and administrative expenses.

The target selling price would be determined using te steps below:

Step 1: Calculate the unit cost

Total unit cost = 10 + 4 + 3 + 10 + 1 + 8 = 36  

Total unit cost = $36

Step 2: Calculate the target selling price

Target selling price = Unit cost + (25%× unit cost)

The target selling price = 36 + (25% × 36) = $45  

The target selling price =$45  

8 0
3 years ago
Spring is here, and Sam and his brother would like to go fishing for the weekend in Vermont. Sam could either go to the river in
Anvisha [2.4K]

Question Completion:

Common resources versus private goods

Spring is here, and Kevin and his brother would like to go fishing for the weekend in Vermont. Kevin could either go to the river in town where anyone can fish without a permit, or he could drive up to a stream located on his family's property in the countryside to fish. Assume that, no matter where people fish, all of the fish that are caught would be kept (that is, there is no "catch and release" policy) PRIVATE PROPERTY The fish in the private stream are considered --------------and ----------------- whereas the fish in the river are ---------------- and -------------

In other words, the fish in the private stream are an example of ----------------? , and the fish in the river are an example of -------------.  Fishing in the river will likely lead to ........................... because of which of the following reasons?

O Anyone can fish in the river, and one person's fishing activity decreases the ability of someone else to fish with success.

O All fishermen will choose to fish in the river because of the limited access to the stream.

O All fishermen will choose to fish in the stream believing that there are more fish there.

O Nobody will enjoy fishing because of the lack of private contributions to the maintenance of the river.

Answer:

The fish in the private stream are considered ---excludable---and ----rivalrous-------- whereas the fish in the river are ---non-excludable----- and -----rivalrous---

In other words, the fish in the private stream are an example of ---private goods-------------? , and the fish in the river are an example of ---common goods-----.  Fishing in the river will likely lead to .....rivalry.... because of which of the following reasons:

O Anyone can fish in the river, and one person's fishing activity decreases the ability of someone else to fish with success.

Explanation:

Private goods are distinguishable from common and public goods because of their chief characteristics.  These characteristics are Excludability, Rivalry, and Rejectability.  On the other hand, public goods are characterized by non-rivalry and non-excludability.  Finally, common goods are known to be rivalrous and non-excludable.

4 0
3 years ago
During the last few years we have seen a rise in the production of natural gas in the United States. This lead to a decline in t
antoniya [11.8K]

Answer: The correct answer is "B. The quantity demanded of oil decreased".

Explanation: The statement "B. The quantity demanded of oil decreased" is incorrect in describing this scenario because a change in the quantity demanded would be caused by a change in the price, in this case the price of oil remained more or less the same, therefore the change is in demand, and is produced at the price of a substitute good (natural gas) low.

5 0
3 years ago
38. Mary Catherine, an international student from Ireland, has a Form W-2 that shows amounts withheld for Social Security and Me
Lera25 [3.4K]

Answer: Form 843

Explanation:

As a taxpayer, Mary can use Form 843 to claim a refund of her Social Security taxes. First she tried to obtain the refund through her employer and should this fail, she should fill out a form 843 and submit it to get help on the claim.

The form can also be used to get an abatement on FUTA taxes as well as a refund of interest, penalties, or additions to taxes.

6 0
3 years ago
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