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3 years ago

Explain why monopoly is uncommon in the real world

Business

1 answer:

lara [203]3 years ago

7 0

Explanation:

There are certain necessary conditions required for a market to operate as a monopoly. These conditions are not generally met in the real world. This is the reason why monopolies are very rare not so common in the real world.

A monopoly is a market structure where there is a single producer selling a product with no close substitutes. In the real world, almost all products have substitutes.

Also for a monopoly to operate there should be a restriction on entry and exit of firms which is difficult to hold in the real world.

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Tcecarenko [31]

The correct answer is: Subsidized Loans
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3 years ago

A promise made by a manufacturer or dealer that a product meets certain quality standards and that defective parts will be repla

ozzi

C. Warranty and proof the company believes in their product.

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3 years ago

Under emtala, a hospital is responsible for all areas ____ around the main building and around areas where inpatient services ar

Ludmilka [50]

Under EMTALA, a hospital is responsible for all areas 250 yards around the main building and around areas where inpatient services are provided. EMTALA refers to Emergency Medical Treatment and Labor Act, according to which hospitals and other medical facilities have to provide help and patrol 250 yards around the facility itself in order to check whether someone is hurt in that area.

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3 years ago

You own a portfolio that has a total value of $130,000 and a beta of 1.28. You have another $49,000 to invest and you would like

fredd [130]

Answer:βB =0.9147=beta of new investment

Explanation:

Total investment= $130,000 + $49,000= $179,000

Using

Portfolio beta(βp) = wA × βA + wB × βB

Where βp is the portfolio beta coefficient,

wA is the weight of the first investment,

βA is the beta coefficient of first investment;

wB is the weight of the second investment,

βB is the beta coefficient of second investment

but weight of investment is stock value/ total investment x 100

wA= 130,000/ 179,000X 100=72.63%

WB= 49,000/179,000 X100=27.374%

Portfolio beta(βp) = wA × βA + wB × βB

1.18=(72.63%*1.28)+(27.374% XβB )

1.18=0.9296+0.27374βB

βB i=(1.18-0.9298)/0.27374

βB =0.9147=beta of new investment

6 0

3 years ago

Only 3 days after the attacks of 9-11, Northwestern Mutual began providing death benefits to surviving families of the first res

Luda [366]

Answer:

Empathy

Explanation:

Empathy is the ability of a person of business entity to understand the thoughts, feelings, and emotions of their customers. It is the ability to personalise the customer's situation.

This makes the business go the extra mile in solving the customer's problem.

In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.

So without official death certificates they paid death benefits only 3 days after the attacks.

Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.

5 0

3 years ago