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Alexxandr [17]
3 years ago
8

In which of the following market structures is a firm the single buyer of labor in its related market? Monopoly Perfect competit

ion Monopsony Oligopoly Unregulated natural monopoly
Business
1 answer:
castortr0y [4]3 years ago
4 0

Answer:

MONOPSONY

Explanation:

Monopsony is a labour market form where a firm is a singe buyer of a kind of labour services. Eg : Primary or only supplier of a kind of job in an area. These are at a priviliged position - wage setting power, more bargaining power with labourers (for wages , employment terms & conditions).

Monopoly is a commodity market structure where firm is the only seller of that good/service, with no close substitutes. Eg - Indian Railways. Perfect Competition is a also a commodity market structure with many buyers & sellers selling homogeneous products at uniform prices.

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according to liquidity preference theory, a decrease in money demand for some reason other than a change in the price level caus
inna [77]

According to liquidity preference theory, a drop-off in money demand for some ground other than a change in the price degree causes The interest rate to go down, so the aggregate demand shifts.

<h3>What is aggregate demand?</h3>

The total amount of goods and services produced in an economy is the measurement of the aggregate demand.

The aggregate demand is shown as the total amount of money is exchanged at the particular price level and point in time.

Thus,  The interest rate to go down,

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8 0
2 years ago
Hat Tricks Company (HTC) is a Buffalo, New York, manufacturer of hats and gloves. Recently, the company purchased a new machine
saul85 [17]

The selling price per hat is mathematically given as

S=$62

<h3>What is the selling price per hat?</h3>

Direct labor hours required to produce first 100 hats=10hr

Direct labour cost =20hr*60$/hour = $1200

Other Direct cost =100hats*19$/hat = $1900

Total Direct cost. = $3100

Selling price is 200% of Direct production cost

$3100*200% = $6200

The selling price per hat = $6200 / 100hats

The selling price per hat = $62

In conclusion, The selling price per hat = $62

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3 0
2 years ago
Many gas stations with convenience stores sell gas at, or close to, cost. In these organizations, profit comes from the convenie
OLga [1]

Answer: build traffic.

Explanation:

The pricing model employed by such gas stations is built in a way to drive traffic. traffic is important and has an impact in many ways  1. low traffic can bog your business down at some level.

2. When you increase your traffic along with the quality of the visitors, the better you will be able to increase your sales.

traffic in this context refers to customers the more you are able to pull customers over the more sales you make.

4 0
3 years ago
Newark Company has provided the following information:
djverab [1.8K]

Answer:

$1829000.

Explanation:

Given: Cash sales, $540,000.

           Credit sales, $1,440,000.

           Sales returns and allowances, $99,000.

           Sales discounts, $52,000

Now, computing net sales of Newark.

Net sales= Cash\ sales+ Credit\ sales- Sales\ discount- Sales\ return

Net sales= 540000+ 1440000- 99000-52000

⇒ Net sales= 1980000- 151000

∴ Net sales= \$ 1829000

Hence, Newark´s net sales is $1829000.

7 0
3 years ago
Economics
nignag [31]

Answer:

it would be harder to get electricinans because it costs more

Explanation:

6 0
3 years ago
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