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vovikov84 [41]
3 years ago
6

The De Beers Company, one of the longest-lived monopolies, is facing increasing competition. One source of competition comes fro

m people who might resell their previously owned diamonds. Why is De Beers worried that people might resell their previously owned diamonds?
Business
1 answer:
inessss [21]3 years ago
4 0

De Beers is worried that people might resell their previously owned diamonds <u>because previously owned diamonds would be a close substitute to newly mined diamonds and therefore reduce De Beers' market power</u>.

<u>Explanation</u>:

A single company selling the unique product with no competition is known as monopoly. The company is sole seller of the product. The company is free of competition and decides the price of the product with full freedom.

De Beers Company is a monopoly company dealing with diamonds. They were monopoly for long time. In recent days they are facing increasing competition due to resale of diamonds by the previously owned customers. The company’s market power is reduced as the previously owned diamond is close to newly mined diamond.

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A representative gives a seminar to investors, making a presentation about successful hedge fund strategies. It is attended by 3
exis [7]

Answer:

C. a retail communication

Explanation:

FINRA is a non governement corporation that enable investor or firm to participate in the market by safeguarding their rights. It has been divided into two category:

  • correspondence
  • retail communication.

Correspondence: It is a communication to 25 or less existing client or prospective clients. Under correspondence, Institutional communication and public appearances are not subject to pre principal approval.

Retail communication: It is communication to more than 25 existing client or prospective client, excluding institutional communication and public appearance.

In the given case, It is a communication to 30 retail clients, therefore is a retail communication

5 0
3 years ago
Suppose that in a day a worker in the United States can produce 10 bushels of corn or 2 shirts. In Russia a worker can produce 9
rodikova [14]

Answer:

5 bushels of corn

Explanation:

The term opportunity cost refers to the loss from some potential gain when one alternative is chosen while leaving the other opportunities.

In United States, a worker in a day can produce 10 bushels of corn or can produce 2 shirts.

Thus the ratio is

      10 bushels of corn :  2 shirts

or     5 bushels of corn :  1 shirts

Therefore the opportunity cost of a shirt in the United States is 5 bushels of corn.

Thus the answer is 5 bushels of corn.

7 0
3 years ago
Ruth executes a will in 2012 naming her nephew stan as sole beneficiary. in 2014, ruth executes another will, naming her niece t
Slav-nsk [51]

Stan and Tammy will share the estate in equal shares. You are able to have as many beneficiaries as you name, due to this and no change in the first will, both will be heirs to the estate. If Ruth were to have revoked the first will, then it would have left Tammy the sole beneficiary.

5 0
3 years ago
A city has 200 white households and 100 black households. It has 3 neighborhoods.The first neighborhood has 100 white households
Simora [160]

Answer:

There is 30% dissimilarity.

Explanation:

Dissimilarity index is = 0.5 × ∑ | (a÷A) - (b÷B) |

Where ,

a= population of white in neighborhood

b= population of black in neighborhood

A= total population of whites

B= total population of blacks

Thus we can solve,

= 0.5 × { | (100÷200) - (20÷100) | + | (50÷200) - (50÷100) | + | (50÷200) - (30÷100) |}

= 0.3

Thus there is 30% dissimilarity.

6 0
3 years ago
The fact that companies can now organize and analyze vast amounts of data on individuals to determine individual behavior profil
viktelen [127]
The fact that companies can now organize and analyze vast amounts of data on individuals to determine individual behavior profiles is due mostly​ to advances in data analysis. 

<span>Data analysis, also called the analysis of data, is a procedure of assessing, purging, changing, and demonstrating information with the objective of finding valuable data, recommending conclusions, and supporting decision making. Data analytics is also another name for the process.</span>

3 0
3 years ago
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