Answer:
a. A monopoly involves a one market or a few major firms.
b. The monopolist can charge any price she wishes and still operate at maximum profit.
d. The monopolist is a "price taker." The monopoly is normally a huge firm such as Wal-mart.
Explanation:
- The market structure of monopoly is characterized by profit maximization, higher barriers to entry, price makers i.e they decide the price of the goods to be sold in the market. Thus create price discrimination and the existence of a single seller.
- Sources of monopoly power are economies of scale, economic barriers, legal barriers, and non-substitutable goods.
Answer:
When the organization prefers directness.
Explanation:
The direct strategy of delivering bad news means going straight to break the bad news to the receiver.
In as mush as bad news can be shocking and quite hated by all , yet some people understand that there is a chance of getting bad news in some situations .Such people have a prepared mind and are able to manage such news better.
It is always concise at delivery. However , when using a direct approach , it is advisable to find a way to explain the incidence and end it in a positive way.
I believe the answers are for 1) a. and 2) b. Hope this Helps!!!!:)
Answer:
$38,851 approx
Explanation:
As per the information provided in the question, the minimum annual rate of return would be at-least equal to the usual rate of return the investor (here uncle) earns. Here it is 9% per annum.
Anything earned below this rate of return will not satisfy the investor since this represents the minimum required rate of return.
A=
Where A= Amount
P= Principal
r= Annual Rate Of Interest
n= period of loan
Therefore, A=
A= $38,850.87 or $38,851 approx.
Answer:
100%
Explanation:
Stockholders of Dog's R Us Pet Supply expect a 12% rate of return on their stock. Management has consistently been generating a ROE of 15% over the last 5 years but now believes that ROE will be 12% for the next five years. Given this the firm's optimal dividend payout ratio is now 100%