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3 years ago

Most markets are not monopolies in the real world because

Business

1 answer:

tresset_1 [31]3 years ago

4 0

Answer:

D. there are reasonable substitutes for most goods.

Explanation:

A monopoly is when there is only one firm operating in the industry. There are also no subsituites for goods and services produced by the monopoly. The monopoly sets the price for his product and earns economic profit in the long and short run.

There aren't a lot of monopolies in the real world because most goods have substitutes. Therefore, consumers can substitute the monopoly product for another product and there isn't just one firm operating in the industry.

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How should the work-to-complete outbound deliveries be prioritized?

nikitadnepr [17]

Work should be prioritized depending on the urgency of the end result. If certain deliveries are more urgent, they should be completed sooner.

4 0

3 years ago

Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 75,000 units of basic, 420,000

lubasha [3.4K]

Answer:

Bricktan Inc.

The total contribution margin if Bricktan chooses the most profitable sales mix is:

= $8,775,000.

Explanation:

a) Data and Calculations:

Basic Classic Deluxe Total

Maximum sales 75,000 420,000 120,000

Production hours available = 90,000

Units per hour 10 8 4

Hours required to meet sales 7,500 52,500 30,000 90,000 hrs

Contribution margin per unit $15 $25 $55

Contribution margin per hour $150 $200 $220

Total contribution margin $1,125,000 $1,050,000 $6,600,000 $8,775,000

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2 years ago

In an episode of the Glee television series, members of the glee club sold home-baked cupcakes at school to raise money. The stu

worty [1.4K]

Answer:

direct channel of distribution

Explanation:

Based on the information provided within the question it can be said that the student selling the cupcakes would be an example of a direct channel of distribution. This term refers to the means by which a company or business gets it's product straight to the consumer with-ought the use of intermediaries. Therefore since the student made the cupcakes and sold them himself he is the direct channel of distribution.

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3 years ago

The following are all examples of abnormal items disclosed by the company, except: (4 points) A) Goodwill Impairment Charges B)

kari74 [83]

Answer:

Correct Answer:

B) Royalty Expense

Explanation:

A royalty is a payment made by one party, franchisee to another that owns a particular asset, franchisor for the right to ongoing use of that asset. The expenses incurred in executing this payment is called royalty expenses.

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3 years ago

Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Pey

Aleksandr-060686 [28]

Answer:

$3,728,203

Explanation:

Particulars Amount

Cash Received $2,408,400

Add: Mortgage assume by purchaser $1,445,040

Less: Broker's commission ($96,336)

Less: Points paid by Peyton ($28,901)

Amount realized $3,728,203

8 0

3 years ago