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ladessa [460]
3 years ago
6

Consider the case of long-distance telephone service. In country X, there are 20 providers of long-distance telephone service in

a highly competitive market environment. On the other hand, in country Y, long-distance telephone service is largely regulated by the government, with the firm Horizon as the sole provider of this service. Under these circumstances, it is expected that:
Business
1 answer:
Furkat [3]3 years ago
8 0

Answer:

Country X will have higher growth potential than country Y.

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777dan777 [17]
The correct answer is BOE *]
4 0
3 years ago
Doogan Corporation makes a product with the following standard costs:
AveGali [126]

Answer:

Direct material quantity variance= $2,170 unfavorable

Explanation:

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2*5,000 - 10,310)*7

Direct material quantity variance= $2,170 unfavorable

4 0
3 years ago
Javier Computer Services began operations in July 2019. At the end of the month, the company prepares monthly financial statemen
gavmur [86]

Answer:

wages expense   1,300 debit

        wages payable     1,300 credit

--------------------------------

interest expense      200 debit

             interest payable     200 credit

--------------------------------

account receivable      2,400 debit

          service revenue       2,400 credit

----------------------------------

Explanation:

we recognize the wages expense for the current period and the liability that arise from that.

interest: principal x rate x time

time and rate should be in the same metric so we express the time in portion of a year.

From July 1st to July 31th a month has past so 1/12 of a year:

20,000 x 12% x 1/12  = 200

this will be the accrued interest for the period

we must record service revenue. As it is not collected it goes int oaccount receivable

6 0
3 years ago
When an investigation shows that ill people have something in common to explain why they all got the same illness, the group of
FromTheMoon [43]

Answer:

Outbreak

Explanation:

Outbreak has been defined as the sudden increase in occurence of a particular disease in a specific period of time and at a specific place. When people have something in common to explain why they all got thesame illness, it is called an outbreak. Any disease becomes an outbreak when it occurs in greater numbers than expected for a given region or community during a specified period of time or season.

7 0
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Which type of lender is most likely to charge the highest interest rate?
jenyasd209 [6]

Answer:

<u>B</u>

Explanation:

Unlike the other options, <u>payday lenders</u> are not official lenders operating under federal laws. This enables them to charge high interest rates as they wish.

4 0
2 years ago
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