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muminat
3 years ago
9

When an industry is a natural monopoly:

Business
1 answer:
Margaret [11]3 years ago
6 0

Answer:

The answer is D a larger number of firms will lead to a higher average cost

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Shamrock Shades operates in mall kiosks throughout the southwestern United States. Shamrock purchases sunglasses from bulk disco
Dmitry [639]

Answer:

Particulars                Jan                  Feb                Mar

Purchase               $160,000       $200,000       $252,000

Explanation:

For computing the required purchase from Jan to Mar we need to find out the following amounts

Particulars                Jan                  Feb                Mar                  Apr

Projected sales    $380,000     $460,000        $620,000        $660,000

COGS  at 40%      $152,000      $184,000         $248,000        $264,000

Ending inventory   $46,000      $62,000          $66,000

Beg inventory        $38,000      $46,000           $62,000

Now the required purchased for each month is

Particulars                Jan                  Feb                Mar

COGS                    $152,000        $184,000        $248,000

Add: ending inve  $46,000         $62,000         $66,000

Less: Beg inve      ($38,000)       ($46,000)       ($62,000)

Purchase               $160,000       $200,000       $252,000

Here,

COGS = Cost of goods sold

Since the desired ending inventory is 25 percent of the following month’s cost of goods sold so beginning inventory would be 25 percent in current year cost of goods sold

6 0
3 years ago
In a market there is a shortage of a good. What change would cause the market to come to an equilibrium?
Oksi-84 [34.3K]

Answer:

D) a rise in price

Explanation:

At the equilibrium point, the quantity demanded and the quantity supplied are the same. There is no excess shortage or supply in both demand and supply.

A shortage occurs when suppliers are not able to meet the market demand. Here, demand is the quantity that buyers are willing to buys at a specific price over time.  As per the law of demand, high product price causes demand to decrease while low price results in increased demand.

A shortage of a product means its demand is high. Many buyers are willing to buy the commodity at the current price.  As per the law of demand, a price increase will result in reduced demand and achieve equilibrium.

3 0
3 years ago
The appellate court decides that the trial court committed reversible error by including evidence found by law enforcement. Law
olga2289 [7]

Answer:

  1. Now that the very evidence that lead to conviction of the defendant, that person will no longer serve the sentence given as a punishment as a result of the crime committed.
  2. Yes, the defendant would be free to go for now, unless they can produce any more evidence to charge him with the crime he allegedly committed.
  3. Conventionally it would go back to the trial court until and unless specified otherwise by the judge.
  4. It could go all the way up to the supreme court depending on whether the legal counsel handling the case puts in a request for it.

Hope that answers the question, have a great day!

7 0
3 years ago
Information that is collected for the first time from original sources is called ________.
SpyIntel [72]
Information that is collected for the first time from original sources is called primary research.

Primary research is research you contact yourself. A few examples of ways to collect primary research are through surveys, focus groups and observations.  

Secondary research is information collected from other sources that once was primary research. Although they are complete opposite to get the most accurate research data it is best to use both primary research and secondary research in your market research. 
6 0
3 years ago
Change from the fair value method to the equity method Assume an investor company acquires for $256,000 an 8% investment in the
matrenka [14]

Answer:

Date         Account title and explanation      Debit        Credit

March 1    Equity investment                          $32,000

                ($612,000/17%)*8% - $256,000)

                       Unrealized holding gain                             $32,000

               (To adjust the value of equity investment)

Note: On 1 march, value of the investment value is increased which is unrealized based on 31 December fair value

6 0
3 years ago
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