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jolli1 [7]
3 years ago
5

Clear Waters Snorkeling Equipment Company has had major losses for the last few years. U.S. Representative Snow has introduced a

bill in Congress to provide government subsidies to the company for two years so it can get back on its flippers. Use the economic way of thinking to evaluate this situation. The subsidy program should be an effective method to rescue the company. The major losses indicate that the company is making a product that consumers value less than the value of the resources required to produce it. If Clear Waters Snorkeling Equipment goes out of business, the future total output of the economy will fall below its potential. a. I and II b. I only c. II only d. I, II, and III
Business
1 answer:
Maslowich3 years ago
8 0

Answer:

C. II only

Explanation:

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Marc agrees to sell Diana 500 copies of a book for $3.50 per book. Marc breaches the contract by not delivering the books. At th
Alexandra [31]

Answer:

$500

Explanation:

At $3.50 per copy from Marc

500 copies would cost

500 × $3.50

= $1,750

At $4.50 per copy from the publisher

500 copies will cost

500 × $4.50

=$2,250

Diane's damages= difference in the cost of books from Marc and the publisher.

$2,250 - $1,750

=$500

3 0
3 years ago
Manufacturers use several different production processes to create goods and services.
lys-0071 [83]

Answer:

A) true

Explanation:

Manufacturing involves converting raw materials into useful finished product. Manufacturers engage different production processes in creation of goods/ services, and the choice of process to use is dependent on the kind of products/ goods that were to be produced. In choosing process or production methods desires of the market as well as available resources and volumes need to be put into consideration. For instance, in steel manufacturing, the process is one that requires a continuous process, therefore, CONTINUOUS PROCESS is used. A production plant involving working together of both workers and robot works together in assembling if automobiles requires a "ASSEMBLY PROCESS"

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3 years ago
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timofeeve [1]

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4 0
3 years ago
Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale. Why is
GREYUIT [131]

Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale when it exists, the industry is more likely to be an oligopoly than a competitive one.

A market structure known as an oligopoly occurs when a few large sellers or manufacturers control a sizable portion of a market or an entire sector. Oligopolies are frequently the outcome of corporate collaboration as a way to increase profits. Because of the decreased competition, customers will pay more and workers will earn less.

In an oligopoly, there must be some entry barriers to allow businesses to capture a sizable portion of the market. These obstacles could be economies of scale or brand loyalty. Entry barriers, however, are lower than monopolies.

Several oligopoly-enabling circumstances have been noted. First off, there aren't many big companies in an oligopolistic market. This feature sets oligopoly apart from monopoly, in which there is only one entity.

To learn more about oligopoly refer to:

brainly.com/question/18686878

#SPJ4

5 0
2 years ago
The manager can invest in an additional project that would require $40,000 investment in additional assets and would generate $6
Makovka662 [10]

Answer:

d. If the manager invests in the additional project, residual income of the division will increase.

Explanation:

RI = Operating Income - (Operating Assets x Minimum Required Rate of Return)

with adding the additional project

Operating Income: $60000 +6000 =$66000

Operating Assets: $375000+$40000 =$415000

Residual income =$66000-14%*$415000 =$7900

Consider the attached information.

7 0
3 years ago
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