1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergeinik [125]
3 years ago
5

Pure monopoly refers to_____. rev: 05_15_2018 Multiple Choice

Business
1 answer:
alisha [4.7K]3 years ago
5 0

Answer:

The correct answer is option c.

Explanation:

Pure monopoly refers to a market where there is a single producer selling a product with no close substitutes. Such type of market is very rare.  

There is restriction on entry and exit of firms in the market. The firm operating in this market is a price maker and faces a downward-sloping demand curve.  

No close substitutes, single seller and barriers to entry are essential conditions for a pure monopoly to exist.

You might be interested in
aylorism implies low-trust relations between employer and employees. therefore, direct control is needed to ensure that labor po
weqwewe [10]

Taylorism suggests low levels of trust between an employer and their workforce. To ensure that labor power purchased is converted into labor performed, direct control is therefore required. Managers are urged by this control question to identify methods of enforcing workers what they should do, how to perform it, within what parameters, and how quickly, and assess employee performance and impose penalties.

<h3>What is Taylorism in scientific management?</h3>

As a manager of mechanics, Frederick Taylor created the Taylorism tenet in order to achieve the most effective workplace practices.

Taylorism is a scientific management approach that divides up the many activities inside an organization so that workers can accomplish tasks as quickly as feasible. Therefore, the fundamental tenets of Taylorism as a scientific management system are best summarized as effective administration of workers and the requirement to take into account psychological and social factors as well as technical ones. It was developed as an industrial management philosophy in the nineteenth century to boost productivity. To do this, every stage of the industrial manufacturing process needs to be dissected, allowing for more specialized and efficient production.

To learn more about Taylorism, visit:

brainly.com/question/25089742

#SPJ4

8 0
1 year ago
Which of the following statements is TRUE about a career?
spin [16.1K]

Answer:b. A career is a series of steps or accomplishments working towards a lifelong ambition or goal.

Explanation:

8 0
2 years ago
During the proofreading task of the completion stage of a business message, be sure to
Nikitich [7]
You have to read very carefully to make sure you dont miss any mistakes

3 0
2 years ago
At January 1, 2017, Benny Enterprises reported a balance in the Equipment account of $45,000. During the year the company purcha
zhannawk [14.2K]

Answer:

$4,000

Explanation:

The operating activities records daily activities of a business entity transactions such as depreciation expense, loss or profit on sale of long term assets, change in working capital etc.

With regards to the above scenario, there is a loss of $4,000 on the sale of equipment whilst same was recorded under the operating activity section as positive.

It is to be noted that the sale and equipment of an equipment falls under investing activity section hence shod be recorded therein as such, reason it was not considered here.

6 0
3 years ago
The cost object in a job order system is the ______ and the cost object in a process costing system is the ______.
nordsb [41]

Answer:

The correct word for the blank space is: specific job; process.

Explanation:

The cost object represents the cost of an object or department for which that cost is assigned. For instance, the repairs department of a dealership is a cost object of the repairs employees and the repair supplies. Cost objects are usually traceable thus are treated as direct costs for accounting purposes.

Then, <em>the cost object of a job order is the specific job assigned</em>; <em>while the cost object of a process costing system is the process </em>itself.

6 0
3 years ago
Other questions:
  • Bill currently uses his entire budget to purchase 5 cans of Pepsi and 3 hamburgers per week. The price of Pepsi is​ $1 per​ can,
    9·1 answer
  • An oil pump that is capable of delivering a larger amount of oil than a stock oil pump is called a:
    10·1 answer
  • Ballard Company uses the perpetual inventory system. The company purchased $9,800 of merchandise from Andes Company under the te
    10·1 answer
  • Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in
    9·2 answers
  • What is the ability to respond with little penalty in time, cost, or customer value?
    7·1 answer
  • Suppose, you have $20,000 in your account. You receive a monthly
    5·1 answer
  • The article entitled​ "My Drug​ Probem" best reflects the economic idea that A. ​Pharmac, like private drug​ companies, attempt
    6·1 answer
  • If a household's income rises from $46,000 to $48,000 and its consumption spending rises from $38,00 to $39,500 then the MPC is
    14·1 answer
  • The process by which ANZ bank's internal job descriptions are matched to external jobs with similar responsibilities to identify
    15·1 answer
  • The Chilean coup of 1973 was one of many instances in which the United States became engaged in regime change. They practiced __
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!