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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.

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Explain how secured credit cards work, including details about the security deposit, how payments work, and why they’re less ris
lawyer [7]

The secured credit cards are backed by a collateral deposit against the risk of default in repayment by the cardholder. Each card is liable to be repaid by the cardholder with the amount of purchases being made.

<h3>What is a credit card?</h3>

A card, or a form of plastic money, issued by a financial institution in such a way that the person to whom such card is issued can utilize it to purchase goods and services on credit, is known as a credit card.

A secured credit card is a safe and risk-free form of issue for the issuer, as it is covered by a security deposit as a collateral. Repayment is done either out of the deposits, or by manual payment by the cardholder.

Hence, the significance of a credit cards is given.      

Learn more about credit cards here:
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8 0
2 years ago
Jacoby Company received an offer from an exporter for 30,000 units of product at $15 per unit. The acceptance of the offer will
tresset_1 [31]

Answer:

The correct option here is D) $450,000.

Explanation:

The differential revenue from the acceptance offer is the additional amount of revenue that will be generated without affecting the revenue generated from the domestic sales in the normal course of operations.

The differential revenue from acceptance of offer can be calculated as -

= Selling price per unit per offer x number of units per offer

= $15 x 30,000

= $450,000

Therefore $450,000 is the differential revenue from the acceptance of offer.

6 0
4 years ago
What is the most common method of measuring flows of trade?
ohaa [14]

Answer:

The answer is Expenditure method.

Explanation:

  • <u>The expenditure method is the most widely used approach for estimating GDP, which is a measure of the economy’s output produced within a country’s borders irrespective of who owns the means to production</u>
5 0
2 years ago
Oscar's store is open from 6am to 8pm daily. oscar contracts to purchase merchandise from consolidated enterprises and their del
N76 [4]
NO. Consolidated has not tendered delivery.

<span>Tender of delivery means that the seller offers the goods to the buyer by putting or holding them at the disposition of the buyer. Seller also gives the buyer some notification reasonably necessary for taking delivery. 
</span>
In this case, Oscar is open 6 am to 8 pm daily. Delivery arrived at 10 pm where no one is there to accept the delivery. Only until Oscar or anybody that is authorized by Oscar to accept delivery is actually in the premises to receive the goods being delivery will Consolidated be able to tender delivery. 
3 0
4 years ago
Laura wants to know more about the organization to which she has applied. What can she do to know more about the organization’s
Nezavi [6.7K]

Answer:

The correct answer would be option B, Get information about the benefits they provide to their employees.

Explanation:

When a person applies for a post in an organization, it is better for him to have some useful knowledge about the working and atmosphere of the organization, so that he will be able to answer the questions according to the level of organizational environment. So the best way to have some information about the company is to get information about the benefits they provide to their employees. This will give you an insight into the fact that how they value their employees and how they treat them. For example, if you come to know that they provide medical facilities, over time allowance, day care service for the working moms, provide residence for employees hired from other cities, etc, then you will have an idea that they treat their employees well and there would be a calm and family like atmosphere when you will go to give interview. Other options are the ones which won't be so much helpful in knowing the organizational culture and won't give enough information about the company.

4 0
4 years ago
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