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Svet_ta [14]
3 years ago
5

why do natural and geographical monopolies arise, and why are they often good for the economy and for consumers

Business
1 answer:
babunello [35]3 years ago
3 0
They arise because goods can sometimes be found only in certain parts of the world. A famous example of this was historically silk which was only found in China and everyone had to pay what the Chinese manufacturers said. It was good for Chinese economy because their merchants and silk manufacturers were rich, and in return the consumers were satisfied because they had the original high quality silk coming straight from China which ensured quality.
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The statement is correct. Profitably, it makes sense for firms to shift their productive activities to countries where they can be performed more efficiently.

<h3>What is Profit perspective?</h3>
  • The Profits Perspective is an economic viewpoint that focuses on the financial flows that determine total business profits. It is based on Jerome Levy's profits equation, which he discovered in 1908.
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1 year ago
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4 years ago
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4 0
3 years ago
Examine the information presented below for Perfect Fit Clothing Store’s first year of business. The Vice President of Sales cla
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Answer:

Explanation:

Cash flow statement should include items that are either received or paid for in cash. In the given case, the following items have been incorrectly reported

Issuance of Note for Truck is a non-cash transaction as well as Purchase of Truck with a Note. There is no cash involved with either transaction. Depreciation is listed in the sources of cash however depreciation is a non-cash operating expense and should not be included. The organization of the statement of cash flows presented in the question is not correct as well. Once organized in the correct manner and adjusted for the depreciation correctly the result is net increase in cash at 119,000 not 109,000. This shows that the Cash flow from operating activities provides a net income of -33,000 which is a loss

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4 years ago
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