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2 years ago

Which of the following is a characteristic of a monopoly market?

Business

1 answer:

EleoNora [17]2 years ago

5 0

Answer:

single seller competition in the short run

Explanation:

because Monopoly is considered a product maximizer so it can't be minimal and it most definitely is not close substitute for their products and services

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Alenkasestr [34]

Answer:

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2 years ago

A dog grooming business is walking through the target market defining process and is now asking questions about its potential cu

siniylev [52]

Answer:

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3 years ago

John Jones owns and manages a café in Collegetown whose annual revenue is $5,000. Annual expenses are as follows:

OleMash [197]

Answer:

a.) $750

b.) Yes, the café is making an economic profit of $25 per year.

Yes, he should stay in the café business.

c.) No, the café is making an economic loss of $75 per year

No, he should not stay in the café business.

d.)$3,250

e.) $250

Explanation:

a) John's accounting profit is his revenue minus his explicit costs:$5,000 - $4,250 = $750

b) In this case, John's opportunity cost of running the café is $725 per year ($1,000 − $275 = $725). Thus, the café is making an economic profit of $25 per year ($5,000 − $4,250 − $725 = $25). Since the café is earning an economic profit, John should stay in the café business.

c) In this case, John's opportunity cost of running the cafe is $825 per year ($1,100 − $275 = $825). Thus, the cafe is earning an economic loss of $75 per year ($5,000 − $4,250 − $825 = −$75). Since the café is earning an economic loss, John should not stay in the café business.

d) John's accounting profit equals his revenue minus his explicit costs. If he doesn't need a loan, then his explicit costs equal $3,250. So, his accounting profit equals $1,750 (= $5,000 − $3,250).

e) To earn a normal profit, the café would have to cover all its implicit and explicit costs. The opportunity cost of John's time is $1,000 per year while the café's accounting profit is only $750 per year. Thus, the café would have to earn additional revenues of $250 per year in order for John to make a normal profit.

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2 years ago

When economists talk about the "standard of living," they are generally referring to:?

zimovet [89]

<span>The economists are usually referring to people that is the performance of baby boomers and older employees in general prior to their retirement years and also the level of overall well-being enjoyed by an economy. 0 the amount of savings and skill an economy has achieved. On the level of government involvement in the economy's production of goods and services. 0 the amount of money that an economy has formed to spend.</span>

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2 years ago

A company uses an application that controls who can connect to a sensitive database and what they can do. What is this security

elena-14-01-66 [18.8K]

This security feature is known as Access control.

Companies protect their data in different ways to give access to their users. They usually provide the access to the users by the process of authentication and this data is covered by the layers of protection by the guest pages. In guest access, users are allowed to research the limited stuff of the company.

The access control feature of the institution is controlled by the back end of the application or the site. There are many layers of controlled accessibility for the users by which they can access sensitive data at some point.

The database is the overall data related to the company staff in any application or website. Users are authenticated by the layers of protection and after that, they are being controlled through their data which is given to the company layers of protection which in terms are the source to control the scam and theft.

For more questions related to the Company database visit the link below:

https://brainly.in/question/51806886

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1 year ago