1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
salantis [7]
3 years ago
13

Which of the following is true of a pure monopoly? Group of answer choices

Business
1 answer:
PilotLPTM [1.2K]3 years ago
8 0

Answer:

The answer is A

Explanation:

Pure monopoly can raise the market price indefinitely due to the fact that the market structure is characterized by a single seller or manufacturer, selling a particular product in the market. In a pure monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute. He enjoys the power of setting the price for his goods. This in-turn leads to the customers being at the mercy of the seller.

You might be interested in
A young couple has $300,000 that they have used to aggressively trade growth stocks. They place their account with a Registered
EastWind [94]

Answer:

the investment advisor should do nothing

Explanation:

In the scenario that is being described, the investment advisor should do nothing. This is because the investment advisor did nothing wrong or illegal, he simply followed the instructions that were strictly provided by the clients, therefore acting in accordance with the customers' wishes. Meaning that he has nothing to fear from the client's being accept because they have no standing to take legal action against the advisor.

7 0
3 years ago
A certain marble quarry provides a unique type of marble that is richly colored and strikingly veined. It has been used for chur
Digiron [165]

Answer:

a. The cost of the marble will be expensive because of the bargaining power of the supplier.

Explanation:

3 0
3 years ago
(Prob. 5.32) The industrial engineering department for Invade Air Fresheners has found that a new packing machine should save $4
cluponka [151]

Answer:

It will be willing to pay up to $297,853.46

Explanation:

First, we calculate  present value of the cash saving

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 45000

time 8

rate 0.05

45000 \times \frac{1-(1+0.05)^{-8} }{0.05} = PV\\

PV $290,844.57

Then, the present Value of the salvage value

\frac{Salvage}{(1 + rate)^{time} } = PV  

Maturity   7.50 %

time   8.00

rate   0.05

\frac{7.5}{(1 + 0.05)^{8} } = PV  

PV   5.08 %

This is calculate as a percent, because we are not given with a cash value.

Last, the 12,000 major overhaul

\frac{Overhaul}{(1 + rate)^{time} } = PV  

Maturity   -12,000.00

time   8.00

rate   0.05

\frac{12000}{(1 + 0.05)^{8} } = PV  

PV   -8,122.07

This PV is negative as it is a cash out-flow

Lastly, we add them all:

290,844.57 + 0.0508PV - 8,122.07 = PV

<u>And solve for PV</u>

290,844.57 - 8,122.07 = PV - 0.0508PV

282,722.5‬ = 0.9492PV

282,722.5/0.9492 = PV

PV = 297,853.455541 = 297,853.46

3 0
3 years ago
Which of the following are necessary for production to take place?
zubka84 [21]
The answer i your question is B I believe
8 0
3 years ago
Nadia Company, a merchandising company, prepares its master budget on a quarterly basis. The following data has been assembled t
pentagon [3]

Answer:

Nadia Company

1. Schedule of expected cash receipts from customers :

                               April          May          June

Cash  20%          $52,500     $55,125    $57,880

Credit 80%            48,000     210,000   220,500

Total receipts   $100,500   $265,125  $278,380

2. Schedule of expected cash payments for purchases :

Payment for purchases:           April            May            June

50% (month of purchase)     $81,900     $85,995    $90,293

50% (following month)            18,300         81,900      85,995

Total cash payment           $100,300     $167,895   $176,288

3. Statement of Cash budget for the second quarter ended June 30:

                                                       April          May            June       Total

Beginning cash balance            $9,000   ($58,363) ($23,649)      $9,000

Cash receipts from customer  100,500    265,125    278,380     644,005

Total cash available               $109,500  $206,762  $254,731   $653,005

Cash payments:

Purchases                              $100,300     $167,895   $176,288  $444,483

Selling & Administrative            76,063         79,516       82,615     238,194

Equipment purchase                  11,500          3,000                          14,500

Dividends                                                                           3,500        3,500

Total cash payments:            $187,863     $250,411  $262,403  $700,677

Cash shortfall                        ($78,363)    ($43,649)     ($7,672)

Bank overdraft                         20,000        20,000      16,000      56,000

Cash balance                       ($58,363)    ($23,649)     $8,328       $8,328

Explanation:

a) Data:

Nadia Balance Sheet as of March 31:

Cash                                $9,000

Acct Receivable              48,000

Inventory                       12,6000

Buildings & Equip. (net) 214,100

Total                            $283,700

Acct. Payable                 $18,300

Common Stock             190,000

Retained Earnings          75,400

Total                            $283,700

b) Sales:

Month     Quantity                       Unit Price        Total

March 10,000 units                       $25.00          $250,000

April = 10,500 (10,000 x 1.05)          "                  $262,500

May = 11,025 (10,500 x 1.05)            "                 $275,625

June = 11,576 (11,025 x 1.05)            "                 $289,400

July = 12,155 (11,576 x 1.05)             "                  $303,875

c) Sales Terms:

                       March          April          May          June

Cash  20%                      $52,500     $55,125    $57,880

Credit 80%                        48,000     210,000    220,500

d) Inventory:

                         March          April          May          June

                        8,400       8,820         9,261         9,724

Ending         $126,000  $132,300   $138,915    $145,860

Beginning                     $126,000   $132,000   $138,915

e) Selling & Administrative Expenses  

                                          April          May            June      Total

Salaries and wages       $7,500      $7,500      $7,500    $22,500

Shipping                           15,750       16,538       17,364       49,652

Advertising                       6,000        6,000        6,000        18,000

Others                            10,500        11,025         11,576         33,101

Depreciation                                                                            6,000

Sales commissions        32,813       34,453        36,175       104,441

Sales Manager's Salary  3,500         4,000         4,000         11,500

Total                            $76,063      $79,516     $82,615

f) Purchases of Inventory

                                                   April            May            June      Total

Ending Inventory                        8,820          9,261         9,724

Units of Inventory sold             10,500         11,025        11,576

Inventory available for sale      19,320       20,286       21,300

less beginning inventory           8,400         8,820         9,261

Purchases                                 10,920        11,466        12,039

Cost of purchases x $15     $163,800     $171,990   $180,585

Payment for purchases:           April            May            June

50% (month of purchase)     $81,900     $85,995    $90,293

50% (following month)            18,300         81,900      85,995

Total cash payment           $100,300     $167,895   $176,288

g)                                        April            May            June

Equipment purchase      $11,500        $3,000

h) Nadia Company's preparation of quarter budgets helps it to foresee cash shortages and make necessary arrangements to meet up with cash obligations.  It focuses management efforts to achieve sales and deliver on other perimeters, including the control of expenses.  It is important for the master budget to be prepared with inputs from other subsidiary budgets so that management plans ahead.

4 0
3 years ago
Other questions:
  • The emergency operations plan functions as a local law. True or false.. ?
    14·1 answer
  • A drink manufacturer finds setting up a plant to make its own bottle caps expensive and technically difficult. Which of the foll
    14·1 answer
  • Sound Design sells its computer speakers for $115 per set Its variable cost is $75 per set ot speakers. Fixed costs are $80,000
    7·1 answer
  • What is the primary task of the Federal Reserve​
    9·2 answers
  • IKEA’s ""ready to assemble"" furniture and fixtures transformed retail shopping; Nike allows online customers to design their ow
    11·1 answer
  • Wizard Co. purchased two machines for $250,000 each on January 2, 2005.
    9·1 answer
  • Which best describes which careers would work in offices? O Marketing Information Management and Research, Distribution and Logi
    15·2 answers
  • What is the effective annual interest rate of an investment that pays 14.75% per year with a compound frequency n= 2? (Answer pe
    13·1 answer
  • The period of time that is ideal to achieve the success of a new product is the:
    12·1 answer
  • Loyal customers and proprietary bread both fall within which part of the swot analysis?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!