Ask question

Ask question

All categories

3 years ago

7

Who set up a trust in order to establish Standard Oil as a monopoly? (Points : 3) James Duke Henry Flagler Charles Dudley Warner

John D. Rockefeller

2 answers:

sashaice [31]3 years ago

7 0

Answer:

John D. Rockefeller

Explanation:

Finger [1]3 years ago

5 0

John d Rockefeller owned standard oil

You might be interested in

T-Shirt Enterprises is selling in a purely competitive market. Its output is 300 units, which sell for $1 each. At this level of

FinnZ [79.3K]

When the level of output, marginal cost is $1 and average variable cost is $1.50. The firm should "produce no output units".

<h3>What is purely competitive market?</h3>

Perfect competition refers to a fictitious market structure. If there is perfect competition, there are no monopolies.

The following characteristics of this kind of structure are crucial:

All enterprises sell the same product, which is a homogeneous or commodity good.
Every business is a price taker, meaning that they have no control over the market price for their goods.
Market share has no bearing on price adjustments.
The product being supplied and the pricing each business is seeking with in past, present, or future are all completely or perfectly known to buyers.
Resources such as labor and capital are totally movable.
There are no fees for businesses to enter or exit the market.

Each genuine market can be categorized as imperfect since they all occur beyond the level of the ideal competition model.

To know more about the purely competitive market, here

brainly.com/question/15176320

#SPJ4

8 0

1 year ago

Mr. Smith at Acme Production, Inc. is trying to determine the true economic value (TEV) for a new computerized machine. This mac

vesna_86 [32]

Answer:

$185,400

Explanation:

Price of next best alternative = $150,000

Expected crash system saving:

= (Probability of crash × cost of a system crash) - (Probability of machine will crash × cost of a system crash)

= [(15% × 500,000) - (5% × 500,000)]

= $75,000 - $25,000

= $50,000

Added operating cost true economic value:

= (Number of hours in 365 days × machine cost per hour) - (Number of hours in 365 days × Next best alternative cost per hour)

= [(2,920 × $20/hr) - (2,920 × $15/hr)]

= $58,400 - $43,800

= $14,600

True economic value (TEV) of the machine:

= Price of next best alternative + Expected crash system saving - Added operating cost true economic value

= $150,000 + $50,000 - $14,600

= $185,400

3 0

3 years ago

Think of a business that utilized one of the three methods of innovation to start their business, identify the business, the typ

garri49 [273]

Answer:

There are three types of innovation.

Product, Process and business Model.

The company Amazon is one of the leading online business in the world. It has achieved success through process innovation.

Explanation:

Amazon has created a culture of innovation in its organization. The employee working in the amazon are free to share their innovative ideas and management considers those ideas when making strategic planning of business. This is the reason amazon has been able to launch many different types of technological innovations which provide support to their customers and their shopping experience is comfortable.

5 0

3 years ago

Formaggio Vecchio announced its regular quarterly cash dividend of $0.20 per share. Currently there are one million shares outst

aleksandr82 [10.1K]

Answer:

A.On Ex-dividend date: November 20, 2006

B.1%

C.$0.19

D. $1.82

Explanation:

1.On Ex-dividend date: November 20, 2006

will the stock price change to reflect the value of the dividend

b. Calculation for Formaggio’s dividend yield

Using this formula

Dividend yield = dividend/share price

Let plug in the formula

= .20/20 = 1%

c. Calculation of how much the stock price is likely to fall

0.20*(1 – 15%) = P*(1 – 10%)

Solve for P = $0.19

d. Calculation of How much is the stock price likely to fall Suppose that the company decides to issue a 10% stock dividend instead of a cash dividend.

$1,000,000 + (1,000,000 * 10%)

$1,000,00+$100,000

= 1,100,000 total shares

Hence,

$20,000,000 / 1,100,000 = $18.18 per share

$20 – 18.18 = $1.82 fall

5 0

3 years ago

Other things equal, the demand for a good tends to be inelastic (less elastic), the longer the time period considered. more the

Marta_Voda [28]

Other things equal, the demand for a good tends to be more inelastic A) the fewer the available substitutes.

Inelastic merchandise is usually necessities without applicable substitutes. The maximum commonplace goods with an inelastic call for are utilities, pharmaceuticals, and tobacco products. companies imparting such merchandise hold greater flexibility with prices because demand stays constant even if fees boom or decrease.

Inelastic is a monetary term regarding the static amount of a terrific or service while its price adjustments. The inelastic manner that when the rate goes up, customers' shopping for habits live about the same, and when the rate goes down, consumers' shopping for conduct additionally remains unchanged.

An elastic call for is one in which the exchange in quantity is demanded because of exchange in rate is huge. An inelastic call is one in which the change in the amount demanded due to an alternate in charge is small.

Learn more about inelastic here brainly.com/question/7694106

#SPJ4

8 0

2 years ago