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VMariaS [17]
4 years ago
7

Which of the following could be considered barriers to entry that would prevent potential competitors from entering a monopoly m

arket?
Select the two correct answers below.
a) patent and copyright laws
b) few workers in the industry
c) extremely high demand for a certain product
d) ownership of a critical factor of production
Business
1 answer:
katrin [286]4 years ago
6 0

Answer:

a) patent and copyright laws

d) ownership of a critical factor of production

Explanation:

a monopoly is when there is only one firm operating in an industry.

the different reasons why monopoly exists are :

ownership of a key resource. this is natural monopoly

high start up cost

legal barriers - patent and copyright laws

Economies of scale.

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Sheila and Jim live in an island where they are the only two workers. Sheila can either catch 10 fish or gather 40 pounds of ber
Firlakuza [10]

Answer:

SHEILA

Explanation:

A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people.

Sheila's opportunity cost in producing berries = 10/40 = 0.25

Jim's opportunity  cost in producing berries = 8/24 = 0.33

Sheila has a lower opportunity cost in the production of berries and thus has a comparative advantage in the production of berries

7 0
3 years ago
In 2019, Alliant Corporation acquired Centerpoint Inc. for $548 million, of which $98 million was allocated to goodwill. At the
ohaa [14]

Answer:

$48 million

Explanation:

In this scenario, we compare the values between book value including goodwill and the fair value of machinery, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value including goodwill - fair value  

= $450 million - $402 million

= $48 million

All other information which is given is not relevant. Hence, ignored it

6 0
3 years ago
In a _____ plant strategy, plants have the flexibility and capability to produce a range of products. This leads to greater resp
ExtremeBDS [4]

Answer:

The correct answer is general-purpose.

Explanation:

When it comes to general-purpose plant strategies, it allows plants to be more flexible than usual and produce a whole variety of products, instead of just focusing on one or few products. This way, plants can diversify easily and cater to their clients' needs and be far more productive and successful.

8 0
3 years ago
Where is a more popular place a thief would go to troy to steal your personal information?
pantera1 [17]
A cafe or restaurant with a free unprotected network
6 0
3 years ago
In 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000. In 2010 it had a population of 5,100
Rashid [163]

The correct answer is A. During 2009 real GDP in Viloxia grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

Given that in 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000, and in 2010 it had a population of 5,100 and real GDP of 520,200, to determine the growth of real GDP in Viloxia during 2009, the the following calculations must be made:

  • Total GDP / population = real GDP
  • 500,000 / 5000 = X
  • 100 = X
  • 520,200 / 5100 = X
  • 102 = X
  • 102 - 100 = 2

Therefore, during 2009 Viloxia's GDP grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

Learn more in brainly.com/question/4131508

6 0
3 years ago
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