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4 years ago

Why do monopolies and oligopolies benefit producers over consumers?

1 answer:

6 0

Monopoly is a type of competition where only one manufacturer is entitled to sell a particular product. Oligopolies permit a few producers but not to the extent of having too many to be key players in selling the same item. These kinds of competitition benefit the produces over consumers because D. Few producers can generally control prices.

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On November 19, Nicholson Company receives a $25,800, 60-day, 10% note from a customer as payment on account. What adjusting ent

Sati [7]

Answer:

adjusting entry should be :

Note Receivable $1,806 (debit)

Interest Income $1,806 (credit)

Explanation:

On Issuance of the note the entries recorded are :

Note Receivable $25,800 (debit)

Sales Revenue $25,800 (credit)

At year end, December 31, 42 days would have expired, thus the interest of 42 days accrues on the Note Receivable. Entries are as follows :

Note Receivable $1,806 (debit)

Interest Income $1,806 (credit)

Interest Calculation = $25,800 × 10% × 42/60

= $1,806

8 0

3 years ago

Dunkin' donuts garners consumers' feedback and opinions to help determine which products to create. this is an example of the

garri49 [273]

The answer to this question is: marketing
Through marketing, a company will develop some methods in order to penetrate the market and increase brand recognition among its potential customers.
Marketing team will use the data from the feedback in order to make future change for the product so it could be easily accepted by the customers

4 0

3 years ago

Read 2 more answers

Researchers at PPG Industries spent considerable time, effort, and money developing a bluish windshield that would let in filter

djverab [1.8K]

Answer:

Production Oriented

Explanation:

A business that practices a manufacturing strategy tends to ignore the needs of its consumers and only focus on making a quality product effectively, called Production oriented company.

In this case, PPG Industry only concentrates on making a high-quality windshield, and ignore the purchasing power of their customers, also their scientist ignore the color choice of the consumer.

8 0

4 years ago

What is a benefit of having a good FICO score?

goblinko [34]

if you have a higher score you can get loans easy buy stuff and you will almost always qualify for the best interest rates

so the ANSWER:D

6 0

4 years ago

Read 2 more answers

Chipper, the marketing director for Tee Time Golf Resort, is making plans for the annual tournament and is trying to determine t

HACTEHA [7]

Chipper's analysis of the situation sounds reasonable to the general manager-This statement is true according to the expectancy theory.

Explanation:

Expectancy theory states that the employee in an organization will be motivated to work or put in efforts if they believe that the putting in more effort will yield them better result in terms of their job performance (The benefits can be in form of an increase in salary or incentives)

An employee would be motivated to put in higher amount of effort to perform better on the job. This would occur at an even rate if he knew what the rewards were going to be.

For instance, an extra day off or increase in salary.

According to expectancy theory, the participants will ask themselves if it is possible to win the tournament given the other talent that will be competing, and, whether the experience and reward be worth the expense that they are incurring for a round of golf.

7 0

4 years ago