1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ehidna [41]
3 years ago
13

A barrier to entry is A. the situation when the government produces a good instead of relying on private firms to produce the go

od. B. a term used to explain why monopolies always make economic profits. C. a restriction on starting a business. D. a restriction on the profits that a monopoly can make.
Business
1 answer:
Harrizon [31]3 years ago
6 0

Answer:

B. A term used to explain why monopolies always make economic profits.

Explanation:

The main characteristic of a monopolistic market is that, there are no firms in the market and only a single player, apart from that, there are barriers to entry, which means you cannot enter into that monopoly to start a competition. Moreover, monopolies enjoy good economic profits as there is no other competitor available to challenge them on their costs and prices of products charged. Lastly, another characteristic of monopoly is that the product the firm produces is unique and hence has no other competitor in the market.

Hence, this term is used to explain why monopolies always make profits.

Hope this helps.

Goodluck.

You might be interested in
Which relationship might suggest a heightened risk of fraud in the acquisition and payment cycle? a. Unexpected increases in the
masha68 [24]

Answer:

The correct answer is letter "A": Unexpected increases in the number of suppliers.

Explanation:

Frauds or money cleansing usually requires the help of a network of different business interconnected to clear the illegal funds with the excuse of having made commercial activities that never took place. In most cases, accounting documents are faked so that the proceeds of the questionable funds may seem as legal as possible.

In that case, if a company counts with more suppliers and fraud is taking place in the organization, <em>they will have the excuse of making more payments so more funds can go out of the company</em>.

7 0
4 years ago
Leona bought two different brands of wine from vineyards in Australia. When asked for her opinion about the wines, she said that
liraira [26]

Answer:

Post-Purchase Evaluation.

Explanation:

There are five stages of purchase decision making process as given below

  1.    Problem Recognition.
  2.    Information Search.
  3.    Evaluation of Alternatives.
  4.    Purchase Decision.
  5.    Post-Purchase Evaluation.

Since Leona has bought the product it will be post purchase act and also she is examining the taste of product, she is in the evaluation process of the product and hence she is in post purchase evaluation stage of buyer decision process.

3 0
3 years ago
Ajay borrowed $6000 cash from his friend Tim, *
ad-work [718]

Answer:

Ajay account will be credited with $6000. While Tim account will be debited by $6000

6 0
3 years ago
What are some risks and how do you plan to reduce or eliminate them when having a business​
lara [203]

Explanation:

1. Buy insurance: Though insurance is an expenses, it safe guards you and yours business from huge loss.

2. Income from multiple sources: Always do not depend on single income. Make sure that income comes from multiple sources so that you can make your business alive.

3. Have a savings: Entrepreneurs should save money as how much as they can. We cannot know when there will be a profit and when there is a loss. We can only forecast to a particular extent.

4. Limits on Loan: Keep your loans manageable: Do not step into huge loans where it will be difficult for you to manage when there is a sudden lose.

6 0
4 years ago
Job-order costing works well whenever
san4es73 [151]

Answer:

B. homogenous products pass through a series of processes and receive similar amounts of materials, labor, and overhead

Explanation:

6 0
4 years ago
Read 2 more answers
Other questions:
  • ​when an individual who has previously taken antabuse drinks alcohol, he or she will probably
    12·1 answer
  • Radwyn Horticulture Is fixed overhead expenses last month came to $7,699.45. It is known that one salesperson sold 191 saplings,
    14·1 answer
  • "If $120,000 is borrowed for a home mortgage, to be repaid at 9% interest over 30 years with annual payments of $11,680.36, how
    10·2 answers
  • A sequence of frames or panels that depict a tv commercial in still form is called a(n) _____.
    14·1 answer
  • When problems arise, you may talk to your supervisor or use the company’s ___________. A. Employee benefits B. Litigation policy
    5·1 answer
  • Which of the following are examples of companies operating a globalized world? Check all that apply
    14·1 answer
  • The member countries of BERPHO, a regional free trade area wanted to adopt a common currency, the "BERPH." The "BERPH" was model
    6·1 answer
  • what are the economic factors influencing the communication industry as a whole and how does this impact the economic base​
    15·1 answer
  • Lauren has gross pay of $765 and federal tax withholdings of $68. Determine Lauren's net pay if she has the additional items wit
    13·1 answer
  • summary information from the financial statements of two companies competing in the same industry follows. ryan company and barc
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!