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Simora [160]
3 years ago
9

The inefficiency associated with monopoly is due to a the monopoly's profits. b the monopoly's losses. c overproduction of the g

ood. d underproduction of the good.
Business
1 answer:
Jlenok [28]3 years ago
3 0

Answer:

The correct answer is letter "D": underproduction of the good.

Explanation:

The Allocative Inefficiency of Monopolies refers to the fact that this type of market could come to a point in which <em>production is lower than demand but the prices are still kept high</em>. This situation opposes perfectly competitive markets where many sellers are offer an average product and there is perfect information about the price of a good.

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Norwegian Cruises is a company that owns and manages a large fleet of ships used primarily for cruises along Norwegian fjords. F
Bezzdna [24]

Answer:

Explanation:

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4 0
2 years ago
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Katie is looking over some of the product histories for the company. She has noticed that many more products have been rendered
valkas [14]

Answer:C. It makes it more difficult for the company to define an appropriate time period.

Explanation: Obsolete Items or products are products are no longer useful or relevant,it can be used to describe a product whose Quality has adversely depleted making it not useful.

With the information,since the products are fast becoming Obsolete than when compared to 10years ago,it makes it more difficult to determine or arrive at the appropriate time period for the company to keep the product before it becomes obsolete.

6 0
3 years ago
Ithaca is considering a new $45,000 snowplow that will save the city $400 per day of use compared to the existing one. It should
Yuliya22 [10]

Answer:

a/ 20 days per year on average

b/ The use of road salt to is an effective deicer method. However, it will eventually causes some harmful impact on the environment including but not limited to increasing in water/soild salinity, contamination of public drinking waters, destroy the soild structure and slowly killing of trees and plants. Luckily, there are some other options which are more environment-friendly such as Cheese brine, Sand, Urea, Beet molasses

Explanation:

a/ To evaluate the investment of the new snowplow, denote X is the average amount of saving per a year as the new snowplow is used.

    Consider the average amount of saving as an annuity for the next 12 years, with the discount rate of 14%. The present value (PV) = 45,000 - 2,500/1.14^(-12) =$44,481.1

   Thus, to obtain the rate of return of 14%, PV of the annuity should be equals to $44,481.1 meaning: 44,481.1= (X/14%) x [ 1 - 1.14^(-12)] <=> X = $7858.44

   As one day use would save Ithaca $400, to achieve the targeted saving of $7858.44, the city has to use the snowplow at least 20 days per year ( 7858.44/400)

5 0
3 years ago
This problem has been solved!
Vsevolod [243]

Answer:

option (B) Costs outweigh benefits by $1,600

Explanation:

Given:

Software costs = $10,300

Employee training cost = $8,200

Expected hardware upgrade cost = $12,100

Expected benefits from the inventory tracking system = $29,000

Now,

The total cost of the inventory tracking system

= Software costs + Employee training cost + Expected hardware upgrade cost

= $10,300 + $8,200 + $12,100

= $30,600

Since the cost is more than the benefit, the cost outweigh the benefit

the difference of outweigh = Cost - Benefit = $30,600 - $29,000 = $1,600

Hence,

the correct answer is option (B)

7 0
2 years ago
Costs such as transportation-out, sales commissions, uncollectible accounts receivable, and advertising costs are sometimes call
Elanso [62]

Costs such as transportation-out, sales commissions etc. are sometimes called the direct costs.

<h3>What is the direct cost?</h3>

Direct cost is the cost, that is directly linked with the production of goods or services.

Direct cost mainly consists of the direct labor, direct material, commissions etc.

Direct cost is incurred by the business in the making of a product or service

Learn more about the direct cost here:-

brainly.com/question/15012260

#SPJ1

6 0
2 years ago
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