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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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A fixed asset with a five-year estimated useful life and no scrap value is sold at the end of the second year of its useful life

JulsSmile [24]

Answer:

B) A gain would be less or a loss would be greater using straight-line depreciation.

Explanation:

In straight line method of depreciation there is a fixed amount of depreciation, and in double declining method the rate is double of straight line method,

Let us take an example,

Cost of asset = $500,000

Selling price at end of 2nd year = $300,000

Straight line depreciation = $100,000 for each year i.e. $500,000/5

Double declining method rate = ($100,000/$500,000) $\times$ 100 $\times$ 2 = 40%

Therefore value at end of second year

Straight line = $500,000 - ($100,000 $\times$ 2 ) = $300,000

Double Declining method = ($500,000 -40%) - 40% = $180,000

In case of sale at $300,000

Profit shall be

Straight line = $300,000 - $300,000 = 0

Double Declining = $300,000 - $180,000 = $120,000

Now, there will be more profit in double declining that is gain is less in straight line and losses would be greater in straight line thus statement B is correct.

8 0

3 years ago

Which promotion mix element stimulates purchase directly through an incentive to buy, such as a coupon or rebate?

Darina [25.2K]

Sales promotion mix element stimulates purchase directly through an incentive to buy, such as a coupon or rebate.

<h3>How does sales promotion work?</h3>

Sales promotion is one of the components of the promotional mix.
Sales promotion is a marketing strategy where a company would utilize brief-term campaigns to generate interest and demand for a product, service, or other offerings.
Advertising, personal selling, direct marketing, and publicity/public relations make up the bulk of the promotional mix.
Types of Sales Promotion - 4 Important Types: Consumer Sales Promotion, Dealer Promotion, Business Promotion, and Public Relations

To learn more about promotion, refer to the following link:

brainly.com/question/14772910

#SPJ4

3 0

1 year ago

Gilberto is giving a speech in his art history course. he has carefully prepared his presentation and plans to deliver it from a

Leya [2.2K]

The way Gilberto prepared hes speech for his art history course (presentation and plans from a brief set of note cards) states that he is using extemporaneous delivery. This type of speech delivery <span>is usually given from brief notes or a speaking outline and it is an effective </span>way to hold the interest of and motivate an audience.

6 0

3 years ago

7. Valuing semiannual coupon bonds Bonds often pay a coupon twice a year. For the valuation of bonds that make semiannual paymen

Maurinko [17]

Answer:

A = $698,494.97 is the right answer.

And Assuming that interest rates remain constant, the T-note’s price is expected to Increase.

Explanation:

A. $698,494.97

B. $593,720.72

C. $838,193.96

D. $440,051.83

Solution:

First we need to see which among the four options is the correct value.

For that we need to find the rate:

Rate = Yield to Maturity/2

Yield to Maturity = 11%

So,

Rate = 11/2

Rate = 5.5%

Now, we need to find the Nper ( Number of periods for the loan)

Nper = 5 x 2 = 10 years.

Nper = 10 years

Now, we need to find PMT which is a financial function used to calculate the amount to be paid for the loan based on constant payments and interest.

PMT = (3%/2) x par value

PMT = (3%/2)x 1,000,000

PMT = 15000

Now, For future value, we have par value.

So,

Par Value = Future Value = FV = 1,000,000

Now, we have to find the PV = Present Value or the price of the bond.

For this we need to use PV function on excel.

Formula:

Price = - PV(Rate, Nper, PMT, FV)

Plugging the values in Excel like this and we get:

Price = -PV (5.5%,10,15000,1000000)

Price = $698,494.97

Hence, A = $698,494.97 is the right answer.

And Assuming that interest rates remain constant, the T-note’s price is expected to Increase.

4 0

3 years ago

Need helpppp asapppp!

geniusboy [140]

Banks are for-profit, meaning they are either privately owned or publicly traded, while credit unions are nonprofit institutions. ... This means members generally get lower rates on loans, pay fewer (and lower) fees and earn higher APYs on savings products than bank customers.

hope this helped

5 0

3 years ago