Answer:
monopoly, but self-interest often drives them closer to the competitive outcome.
Explanation:
An oligopoly exists when a small number of firms control the resources and price in a market.
They tend to stop each other from having significant influence in the market.
Because of this self interest their monopolistic attribute tends to become more towatds a competitive outcome.
So no one firm has the monopoly of the market rather influence is shared
Answer: Whistle blowing
Explanation:
Here is the complete question:
Beau said to a close friend, "I am fed up with my company's continual disregard for the environment. They secretly dispose of hazardous chemicals into a nearby stream constantly. I don't know how they get away with it! I am going to call a reporter at the local newspaper and reveal what my company is doing." Beau's decision to tell somebody about his company's actions is an example of
a. moral courage.
b. violating a code of ethics.
c. backstabbing his manager.
d. being guided by the invisible hand.
e. whistle-blowing.
Regarding the question, Beau's decision to tell somebody about the action of his company is an example of whistle blowing. A whistleblower is a person that exposes secretive information within a private organization or a public organization.
In this case, Beau is exposing th secret of his company of the disposal of hazardous chemicals into nearby stream. Beau can be termed to be a whistleblower.
Cross-elasticity of demand is a) the willingness to substitute other products.
If the goods are alternative products, the cross elasticity of demand is tremendous which means that demand for one product will increase when the charge of the alternative product will increase and vice versa
If the products are complementary, go elasticity of demand is terrible which means that once the fee of 1 product will increase, demand for the opposite product decreases and vice versa.
The go-rate elasticity formulation is an equation for calculating the pass-price elasticity of call for (XED) of separate services or products: go rate elasticity (XED) = (% change in call for of product A) / (% alternate of fee of product B), wherein merchandise A and B are exceptional services.
In economics, the pass elasticity of call for or go-price elasticity of demand measures the percentage change of the quantity demanded an awesome to the percentage change in the fee of another proper, ceteris paribus.
The cross elasticity of call for is an economic concept that measures the responsiveness in the amount demanded of one good while the fee for some other correct modifications.
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Answer:
Gain on Disposal 25,100
Explanation:
book value
cost- accumulated depreciation
387,400 - 312,900 = 74,500
trade-in:
equipment 160,000
cash <u> 40,000 </u>
total 200,000
gain 200,000 - 74,500 = 125,500
As it lack commercial substance we recognize gain for the portion of cash received doing cross multiplication
200,00 --> generates 125,500 gain
40,000 --> generates X gain
40,000/200,000 x 125,500 = <em>25,100</em>
Answer:
After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800
Explanation:
For calculation, following things need to be considered which is shown below:
1. Product A process costing = Pounds × Per pound price
= 34,000 × $8
= $272,000
2. Product A costing after selling = Pounds × sale price per pound
= 34,000 × $14
= $476,000
3. Difference of costing :
= Product A costing after selling - Product A process costing
= $476,000 - $272,000
= $204,000
4. Invested amount = $227,800
5. Actual Difference = Invested amount - costing difference
= $227,800 - $204,000
= $23,800
After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800