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sweet-ann [11.9K]
3 years ago
7

Individual profit earned by Dave, the oligopolist, depends on which of the following? (i) The quantity of output that Dave produ

ces (ii) The quantities of output that the other firms in the market produce (iii) The extent of collusion between Dave and the other firms in the marketa. (i) and (ii)b. (ii) and (iii)c. (iii) only
Business
2 answers:
Alexus [3.1K]3 years ago
8 0

Answer: All of the above

Explanation: An oligopoly is an economic condition in which a small number of sellers exert control over the market of a commodity. As a market structure it usually a few firms producing a product.

Naturally, if Dave increases the quantity of output he produces, then there is potential for increased profit as it is possible to sell more or all of his produced output compared to other firms in the oligopoly. When there are few firms in the market, they may also be existence of collusion to set a price or output level for the market in order to maximize industry profits. Increased profits for all firms translates to increased profit on an individual basis.

UkoKoshka [18]3 years ago
7 0

The options are:

(i) The quantity of output that Dave produces (ii) The quantities of output that the other firms in the market produce (iii) The extent of collusion between Dave and the other firms in the marketa. (i) and (ii)b. (ii) and (iii)c. (iii) only d. All of the above

Answer:

d. All of the above

That is

(i) The quantity of output that Dave produces

(ii) The quantities of output that the other firms in the market produce

(iii) The extent of collusion between Dave and the other firms in the market.

Explanation:

An oligopoly is defined as an economy where there are small number of firms that cannot prevent others from having much impact in the market. These firms control the way are done with regards for price.and supply of goods and services.

So in this type of market the profit earned by Dave will depend on quantity of output produced by Dave, quantity of goods manufacturerd by other firms, and Dave's degree of collusion with other firms.

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Answer:

tax consequences = $11750

Explanation:

given data

Calvin acquired = 250 shares

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paid-in capital = $900,000

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solution

we know Conditions according to Section 1244 that is Applicable for the Small Business Stock is here as

(a) Stock is directly purchase from the corporation

(b) Ordinary Loss Treatment is limited to  the $50000 or $100000 for the Joint filing

(c) Loss may be from the sale of stock or the worthless stock

(d) and more than $50000 loss is treated capital loss  

so here we know that

Calvin Ordinary Loss would be =  $50000

remaining loss = $11,750

long term capital loss will be = $68750 - $7000

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tax consequences= $61750 - 50000

tax consequences = $11750

4 0
3 years ago
The state of Indiana hires the Reliable Construction Company to do some excavating work on an interstate highway. The state lays
Shalnov [3]

Answer:

C) The state is liable because of Reliable's negligent failure to take the special precautions required for conducting a highly dangerous or inherently dangerous activity.

Explanation:

Even though the state of Indiana hired Reliable Construction Company for doing the job and the contract was very specific about Reliable's obligations, the state government should have controlled that Reliable actually carried out its obligations properly.

In this case, it was reasonable foreseeable that the failure to control Reliable's job could result in personal or property injury. So the state should have exercised control over how the work was done. The respondeat superior doctrine does not apply because Reliable was an independent company hired by the state government to perform a specific contract, it was not an agent (or employee).

6 0
2 years ago
Dr. Riley, a professor in the economics department, finds that if he keeps his door open, people tend to stop in to say hello. T
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Answer:

1) Mindfulness

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Mindfulness refers to being aware of your environment and paying attention to what happens around you, and at the same time being aware of your thoughts and bodily sensations.

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2 years ago
Lupe made a down payment of $2200 toward the purchase of a new car. To pay the balance of the purchase price, she has secured a
BlackZzzverrR [31]

Answer:

Cash price of the car

= Down payment + A(1 - <u>(1+r/m)</u>-nm

                                            r/m

= $2,200 + $200(1-<u>(1+0.11/12</u>)-4x12

                                  0.11/12

= $2,200 + $200(1-<u>(1+0.0091666667</u>)-48

                                0.0091666667

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Cheers!

6 0
3 years ago
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