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Sophie [7]
3 years ago
5

Identify whether or not each of the following scenarios describes a competitive market, along with the correct explanation of wh

y or why not.
Scenario
1-There are hundreds of colleges that serve millions of students each year. The colleges vary by location, size, and educational quality, which allows students with diverse preferences to find schools that match their needs.
2-The government has granted the U.S. Postal Service the exclusive right to deliver mail.
3-A few major airlines account for the vast majority of air travel. Consumers view all airlines as providing basically the same service and will shop around for the lowest price.
4-There are dozens of pasta producers that sell pasta to hundreds of Italian restaurants nationwide. The restaurant owners buy from the cheapest pasta producer available to them.
Competitive?
Yes, meets all assumptions
No, no free entry
No, not many sellers
No, not a homogeneous product
Business
1 answer:
Marysya12 [62]3 years ago
3 0
<span>1) - we see here that each college is different, so the answer is that they are not competitive because they are not not homogenous - since they can for example not all offer the same courses 2) This is a monopoly - they have the exclusive right to provide some service! it's not a competetive market (other companies don't have free entry). 3) Here there are not too many sellers - it's just a few companies, so people alsco can't choose from too many options. 4) this is a true competitive market - it has a free entry, many sellers and the product is homogenous!</span>
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a project requires an investment of $1,400 and has a net present value of $400. if the internal rate of return is 12%, what is t
WINSTONCH [101]

The profitability index for the project which requires an investment of $1,400 and has a net present value of $400 with internal rate of return 12% is 1.286 (rounded).

<h3>What is net present value? </h3>

It is a method to calculate the current value of a future stream of payments from a company, project, or investment. To calculate NPV, you need to estimate the timing and amount of future cash flows and pick a discount rate equal to the minimum acceptable rate of return.

How to calculate the profitability index for the project?
First, we will use the net present value formula

NPV = Present value of inflows - present value of outflows

400 = present value of inflows - 1400

present value of inflows = 1400 + 400 = 1800

Next, we want to calculate the profitability index to answer the question
Profitability index = present value of inflows / present value of outflows

= (1800 / 1400)
= 1.286 (rounded)

Learn more about net present value brainly.com/question/17162144

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4 0
1 year ago
A speaker seeking to express the events leading to higher interest rates should choose which pattern of organization?
LenKa [72]
The speaker should choose causal pattern of organization. Public speaking may have patterns of organization, that includes logical or topical pattern, chronological or time-sequence pattern, spatial or Geographical pattern, causal or cause and effect pattern and problem-solution pattern. Causal pattern is a way of organizing speech on a particular topic is to look at the subject in terms of cause and effect.
4 0
3 years ago
American employees of Ujima Corp. learned that they should avoid using their left hand when giving a gift or handing out money w
Iteru [2.4K]

Answer:

The employess of the company would have discovered this cultural difference during a documentary training session.

Explanation:

In Cross-cultural training, there is commonly a documentary session after the field experience. In this documentary session, instruction material related to the cultural background is given to learners and foster their field experience. Cultural differences are understood in a documentary session when the learners compare their previous knowledge and experience about the new culture as also comparing with their culture.

8 0
3 years ago
Does the temporal difference learning of optimal utility values (U) require knowledge of the transition probability tables
zhuklara [117]

Answer:

No

Explanation:

Temporal difference or some times written as TD learning process may be defined as an approach to learning that describes how to predict a given  quantity which depends on the future values for a given signal.

TD or temporal difference learning does not require the knowledge of transition probability tables. It only requires the knowledge of state and action plan. It also does not require the knowledge of reward function.

8 0
3 years ago
Suppose that the salary range for recent college graduates with a bachelor's degree in economics is $30,000 to $50,000, with 25
igor_vitrenko [27]

Answer:

The  Expected Earning for the college graduates is 40,000

Explanation:

The Expected Earning for a college alum with a four year college education in financial matters is determined as weighted normal all things considered, utilizing likelihood of every result as its weight.  

Although the Expected Earning is;  

Expected Earning = (25% × 30,000) + (50% × 40,000) + (25% × 50,000)  

Expected Earning = 0.25 × 30,000 + 0.5 × 40,000 + 0.25 × 50,000  

 Expected Earning = 7500 + 20,000 + 12,500

Expected Earning = 40,000

7 0
3 years ago
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