You own a monopoly in a new computer game market, where you have ONE HUNDRED PERCENT (100%) market share.
A single seller having 100% market share is known as pure monopoly.
Monopoly is a market condition wherein a single seller or company supplies the market a certain product or commodity. This is a market where competition is absent.
Answer: Option (E) is correct.
Explanation:
Given that,
U.S. population = 300 million
Individuals classified as unable to work = 70 million
Individuals classified as unwilling to work = 80 million
Unemployed = 14 million
Labor force = U.S. population - Individuals classified as unable to work - Individuals classified as unwilling to work
= 300 million - 70 million - 80 million
= 150 million
Unemployment rate =
=
= 9.3%
The agent will probably further inquire about the following to give you an estimate on auto insurance:
- Individual data.
- driving history
- additional background
<h3>A car insurance quotation is what?</h3>
A car insurance quotation is an estimate of your monthly premium. No two quotes will be identical, regardless of whether you provide Geico, Progressive, or any other carrier with the same information, as each insurer uses a separate algorithm to calculate a car insurance price.
<h3>What are the three things to think about while purchasing car insurance?</h3>
Particular Elements That Affect Your Rate
- Your driving history — drivers with a history of infractions or collisions are viewed as higher risk.
- Urban locations have more claims than rural areas in terms of your geographic territory.
- Your age and gender- Certain age groups and males have more claims and accidents, respectively.
Learn more about car insurance quote: brainly.com/question/3705016
#SPJ13
Answer:
Controlling
Explanation:
Controllingnis a management function that focuses on the goals of the organisation. It is the process of comparing actual performance with set procedures and standards.
If there is variance in performance and management expectations there will be need for corrective action or improvement.
In this instance Yuri has been given the task of evaluating how well his company, Comfy Shoes, Inc., has implemented its new line of slippers and how this implementation could be improved. This is engaging in controlling function.
Inflation is the situation money is losses some of its value due to general process levels rises in the economy.
- Hence it can be best be defined as the increase in the amount of money and credit in the economy related to the supply of services and goods.
- Thus its an upward, general trend of prices in the economy. Hence the option D is correct.
Learn more about the best described as.
brainly.com/question/15588968.