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tamaranim1 [39]
3 years ago
15

Characteristics of a monopoly

Business
1 answer:
Aleks04 [339]3 years ago
3 0
Number of firms -one Nature of product-a unique product with no close substitute Entry- completely blocked Information - complete Collusion between sellers - irrelevant Firm's control over the price of product - considerable , but limited by market demand and goal of profit maximisation Demand curve of the firm's product - equals market demand curve : downward sloping Long-run economic profit - can be positive
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Why did the natural environment receive so much attention under new deal programs, and with what result?
hram777 [196]
<span>Under the New Deal, nature received a lot of attention because people realized that this type of valuable space was important to have a clean and a healthy population. Due to it following the Great Depression, people also saw the importance of the many jobs it would create.</span>
7 0
4 years ago
Procter &amp; Gamble makes Tide, Cheer, Ivory Snow, and Bold detergents as well as PertPlus, Rejoice, and Vidal Sassoon shampoos
MissTica

Answer:

Individual

Explanation:

Individual strategic plan: It is a plan created for achieving personal goal. These plan define how important is the goal to individual and what all sacrifice that each can bear to achieve that personal goal. Before developing an individual strategic plan, it is important to evaluate personal strength and weakness.

In the given case, Procter & Gamble have produced different products with unique and separate brand name as they are using Individual strategy, so that each brand should be clear with its usage and can be helful in penetrating in market.

4 0
4 years ago
Claremore Industries uses a weighted-average process-costing system. All materials are added at the beginning of the process; co
riadik2000 [5.3K]

Answer: $78000

Explanation:

First, we have to calculate the total.costnoer equivalent unit which will be the addition of the material cost per unit and the conversion cost per unit. This will be:

Material cost per unit = $220,000 / (40,000+15,000)

= $220,000 / 55000

= $4

Conversion cost per unit= $414,000 / (40,000 + (15,000*40%)

= $414000 / 46000

= $9

Therefore, total cost per equivalent unit will be: $4 + $9 = $13

Then, the equivlant unit of the ending work in process would be calculated as:

= 15,000 × 40%

= 15000 × 40/100

= 15000 × 0.4

= 6,000

The cost of the ending work in process will then be:

= 6,000 × $13

= $78,000

4 0
3 years ago
Shared development of innovations among several departments is emphasized by the _____ approach to innovation
laila [671]

Answer:

horizontal linkage

Explanation:

In a value chain horizontal linkages involve cooperation among different departments aimed at building interdependence, trust, and resource pooling in order to achieve a set goal.

It is made up of relationships between people or department that are equal in an organisation.

Shared development innovations are more easily implemented by using the horizontal linkage model. Participants are more willing to express themselves freely and work collaboratively to achieve set goals.

4 0
3 years ago
When using shared work areas, show consideration by:
lianna [129]

keeping it clean is important,  do not leave your work tools out when you are finished put your stuff in its proper place  


6 0
3 years ago
Read 2 more answers
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