Answer:
The correct answer is letter "D": The firm must be subsidized or it will go bankrupt.
Explanation:
A subsidy is a benefit given to an individual, business or institution, typically by the government. Subsidies are given to promote a social good or economic policy. The government usually provides subsidies in the form of cash or tax breaks, low-rate loans, and certain types of rebates.
In the example, as the commission sets the price of the monopoly products below the average total cost, it will be translated in losses. Then, a subsidy will be necessary to be provided otherwise the company will file for bankruptcy.
d. strategic plan
A strategic plan is an evolving set of goals around how a company will meet customer needs and deal with competition and external factors.
Answer and Explanation:
b. Previous expenditures associated with a market test to determine the feasibility of the project, provided those costs have been expensed for tax purposes.
Answer:
A. home health aides; computer programmers
Explanation:
When developing career goals, it is important to have the mindset that dramatic changes can and often do occur in the job market. In considering the data in your text, it can be seen that the profession of _____ experienced a dramatic increase over the past decade, while careers as ______ have experienced a substantial decrease during the same time frame.
A. home health aides; computer programmers
B. flight attendants; machinists
C. telemarketers; public relations specialists
D. financial managers; child care workers
Answer:
Question 1 - A parcel of vacant land located at the intersection of two streets used heavily by commuters
The parcel of vacant land could be used for building a house for domestic purposes: to be inhabited by a family or any other group of people, or it could also be used for building a commercial property (for example, a convenience shop).
Because the parcel is located at an intersection where there are many commuters, the market will likely determine that a commercial property would be more profitable, since many commuters means many potential customers.
A house, on the other hand, could not be as profitable, because people tend to dislike living in places where there are many people around.
