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schepotkina [342]
3 years ago
7

What is a market that runs most efficiently when one large firm supplies all of the output referred to as?

Business
2 answers:
elena-s [515]3 years ago
8 0

The answer to this question is Natural monopoly.

gulaghasi [49]3 years ago
7 0

What is a market that runs most efficiently when one large firm supplies all of the output referred to as? Natural monopoly. A natural monopoly happens when there are high fixed costs or start-up costs when running a business in certain industries. A natural monopoly example are pipelines that run for water and gas. This is because they are expensive to start and run but also extremly necessary and specific to the industry.

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As a CEO, Olivia tries to empower lower-level managers to have some decision-making authority and encourage values and norms tha
olganol [36]

Based on this information, Olivia is making the organization more <u>organic</u>, which is based on a management model focused on human development.

<h3>What is an organic organization?</h3>

It refers to an organizational management system that tries to reduce the degree of formality and impersonality that exists in the bureaucratic organization, including people from all organizational levels.

It emphasizes the social system and the initiative of the people, it has a highly adaptive structure and it allows changes and innovations to occur as quickly as necessary.

Therefore, we can conclude that based on this information, Olivia is making the organization more organic, which is based on a management model focused on human development.

Learn more about organizational models here: brainly.com/question/14096528

7 0
2 years ago
A factory machine was purchased for $216000 on January 1, 2022. It was estimated that it would have a $40000 salvage value at th
Gelneren [198K]

Answer:

b. $17600

Explanation:

The computation of the amount of depreciation expense for the year 2022 is shown below:

But before that first we have to find out the per hour rate which is

Units-of-production method:

= (Original cost - residual value) ÷ (estimated production)  

= ($216,000 - $40,000) ÷ (55,000 hours)

= ($176,000) ÷ (55,000 hours)  

= $3.2 per hour

Now for the 2022 year, it would be  

= Machine runs in 2022 year × depreciation per hour

= 5,500 hours × $3.2

= $17,600

5 0
3 years ago
At January 1, 2021, Transit Developments owed First City Bank Group $600,000, under an 11% note with three years remaining to ma
Lana71 [14]

Answer:

Dr Land 125,000

Cr Gain on disposition of assets125,000

Dr Notes payable 600,000

Dr Interest payable 66,000

Cr Gain on troubled debt restructuring 216,000

Cr Land 450,000

Explanation:

Preparation of journal entry(s)

Based on the information given we were told that they group have agreed to settle Transit’s debt innexchange for land which have a fair value amount of $450,000 mean while the Transit purchased the land in 2017 for the amount of $325,000 which means that the Journal entry will be :

Dr Land 125,000

($450,000 – 325,000)

Cr Gain on disposition of assets125,000

Based on the information given we were told that Transit owed First City Bank Group the amount of $600,000 that has an 11% note which means that the Journal entry will be :

Dr Notes payable 600,000

Dr Interest payable 66,000

(11% x $600,000)

Cr Gain on troubled debt restructuring 216,000

Cr Land 450,000

7 0
3 years ago
Mr. Fitzgerald is selling his home to permanently move into a retirement facility near his daughter in a neighboring state befor
AysviL [449]

"Mr. Fitzgerald is selling his home to permanently move into a retirement" He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term. This is further explained below.

<h3>What is prescription drug plan?</h3>

Generally, Prescription drug plans (PDPs) are another name for Medicare Part D. These policies are available on their own from private insurance providers.

In conclusion, He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term.

Read more about prescription drug plan

brainly.com/question/14176332

#SPJ5

6 0
2 years ago
How does a fixed exchange rate set the value for a currency?
olasank [31]

Answer:

A. By setting it at a specific value based on another currency

Explanation:

3 0
3 years ago
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