Answer:
The correct answer is option c.
Explanation:
Pure monopoly refers to a market where there is a single producer selling a product with no close substitutes. Such type of market is very rare.
There is restriction on entry and exit of firms in the market. The firm operating in this market is a price maker and faces a downward-sloping demand curve.
No close substitutes, single seller and barriers to entry are essential conditions for a pure monopoly to exist.
Answer:
<h2>A. Navy</h2>
Explanation:
<h3>"<u>
If</u>" you were to join the military, which one will you join? </h3><h3 /><h3 /><h3>so I can raid more Osama Bin Ladens</h3>
Your answer to question 1: is A
Your answer to question 2: is B
Answer: 14%
Explanation:
To calculate the Annual Rate of Return on such a project, you divide the Average net profit that the project is expected to make by the Average investment value.
This in effect compares future income to the investment in the project and so is a very useful tool in analysis.
Annual Rate of Return = Average Net Profit / Average Investment
Average Net Profit.
A new salon will normally generate annual revenues of $64,160, with annual expenses (including depreciation) of $40,500.
The net profit is revenue less expenses so,
= 64,160 - 40,500
= $23,660
Average Investment
The Average Investment is calculated by taking the average of the Initial Value of the project and it's ending value.
Initial value is $262,000 as that was the cost.
The Ending Value is the salvage value of $76,000.
= (262,000 + 76,000) / 2
= $169,000
The Annual Rate of Return is,
= 23,660 / 169,000
= 0.14
= <u>14%</u>
Answer:
The correct answer is D
Explanation:
Self- serving bias is the term which is defined or described as the tendency of people who attribute the positive events to their own character and attribute the negative events to the external factors.
This bias is the common kind of cognitive bias which is extensively studied in the social psychology.
So, in this case, Helena provide the example of the self- serving bias as when she did not reach the goal, then she stated that her failure is due to poor economy which means she attribute the negative event to external factors.
