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3 years ago

Please HURRY !!!

Business

1 answer:

mafiozo [28]3 years ago

5 0

Answer:

See below

Explanation:

1. Cell phone services are an example of oligopoly.

Under oligopoly, a few firms dominate the industry. The cell phone industry is big in volume and value in the US. Despite its size, the cell phone service industry has few providers. Only a handful of names are well-known including, T-mobile, Verizon, AT&T, and Sprint. The firms complete in a collaborative way. New entrants require massive capital investments.

2. Capitalism- allows buyers and sellers to make decisions

Capitalism is an economic system where the governments' role in trade is limited. In Capitalism, people and businesses make most of the economic decisions. Private individuals and companies own the factors of production. Profits motive is a key factor in entrepreneurship. Capitalists focus on wealth creation.

3. Monopolistic Competition

A monopolistic competition market structure combines features of a competitive and monopolistic market. The elements of monopolistic competition include.

Freedom of entry and exit
Many buyer and sellers
Firm offer differentiated products

Unlike in perfect competition, monopolistic competition has different goods and services.

4. Economics

Economics is the analysis of how society allocates its scarce resources to produce valuable goods and services. Economics also studies the distribution of these products to members of the community. Economics recognizes the scarcity of resources. It advocates for the efficient use of scarce resources to meet the demands of different people.

5. Michigan Cherry Production Increase 47%

Like other agricultural products, cherry prices are influenced by the quantity supplied. Prices remain stable when supply and demand are relatively constant.

Should Cherry production in Michigan go up by 47 percent, there will be an oversupply in the market. Few buyers will be competing for very many goods, which will result in a price decline.

6. Free Enterprise market

A Free enterprise market is an economic model where buyers and sellers have the freedom to spend money as they wish. In this model, the government minimally restricts trade. In the US, the government is mainly a regulator. In free-market enterprise, there is competition amongst producers, the Right to own property or the factors of production, and a profit motive. There is freedom in the choice of business, products, and services. These elements are prevalent in the US economy.

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Page Company makes 30% of its sales for cash and 70% on account. 60% of the credit sales are collected in the month of sale, 25%

kondaur [170]

Answer:

$36,230

Explanation:

Month 1 Month 2 Month 3 Month 4

60,000 70,000 50,000 30,000

Calculation for receipts in Month 4:

9000 30% cash in the same month(30000*30%)

12600 60% credit in the same month (30000*70%*60%

8750 25% in month following sales (50000*70%*25%)

5880 12% second month following sales (70000*70%*12%)

36,230

I hope I made myself clear buddy.

Best of Luck.

6 0

3 years ago

The flexible response policy increased the military budget. how do you think this affected the nuclear arms race?

mrs_skeptik [129]

First if all remember that the flexible policy was created as an strategy to calls for a reaction that can be easily modified to respond to war circumstances. This means the government is giving more power to the arms race because this strategy is not only limited to enhance nuclear arms but any weapon. Of course that budget is not going to be used for many other rograms as agriculture or health which are also important.

5 0

3 years ago

Pessimism Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of

VladimirAG [237]

Answer:

The correct answer is option C.

Explanation:

Suppose there is pessimism in an economy because of corporate scandals, international tensions, loss of confidence, etc. This is going to adversely affect the economy. Because of corporate scandals, the investment will decline. Loss of confidence in consumers will cause a reduction in consumption spending. International tensions cause net exports to decline.

All of this causes aggregate demand to decline. The aggregate demand curve moves to the left. This leftward shift causes both the quantity of output and price to fall. As output fall real GDP will decline as well.

3 0

3 years ago

Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of

Verizon [17]

Answer:

=$422,000

Explanation:

As per the contribution margin concept, the contribution margin per unit is equal to the selling price per unit minus variable costs.

Therefore, the total contribution margin is the sales minus variable costs.

The contribution margin for the west will be sales($930,000) minus variable cost($488,000)

=$930 ,000 - $488,000

=$422,000

4 0

3 years ago

On may 10, the ceo of massmachine announced a quarterly dividend of $.50 per share to be paid on june 25 to all stockholders on

Serga [27]

It would be on June 3rd. This is the day before the ex-dividend date. The ex-dividend date for stocks is typically set one working day before the record date. If you acquire a stock on its ex-dividend date or after, you will not obtain the next dividend imbursement. As an alternative, the vendor gets the dividend. If you buy earlier than the ex-dividend date, you can get the dividend.

4 0

3 years ago