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3 years ago

describe what effect antitrust laws have on the consumer and the producer when these laws break up a monopoly.

1 answer:

4 0

effect antitrust laws have on the consumer and the producer when these laws break up a monopoly:
Anti trust laws keep the consumer safe from unfair business practices including price setting and monopolies. It keeps the produce honest and providing good business while these laws cannot always break up monopolies they can if proved in court.

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How can the company that purchased the mine better approach the situation?

ddd [48]

The company that purchased the mine better approach the situation by developing a strategy that include all stakeholders.

In the year 2006, giant of the mining industry Xstrata purchased the Tintaya copper mine in Espinar, Peru. There has been a dispute between the community and the mine over issues including land rights, pollution, and social responsibility of the mining company. The previous mine owner had established a good dialogue table with the local community. According to many people , when Xstrata took over, the company did not abide by those arrangements which were made by the previous owner.

That is why if Xstrata wants to make better then it should consider the interest of every stakeholder over there.

To know more about Tintaya copper mine here:

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5 0

2 years ago

Consider a production possibilities boundary showing the quantity of military goods and the qumdity of civlian goods on the two

kirza4 [7]

Answer:

B) the reallocation of resources between military and civilian goods.

Explanation:

PPC is the graphical representation of product combinations that an economy can produce, given resources & technology.

Given same resources & technology, the two goods are inversely related - one good's quantity can be increased by decreasing the quantity of other good.

PPC is based on the assumption that resources are efficiently utilised & all points on PPC denote product combinations efficiently utilising resources.

So, movement along the PPC boundary means production level intact at full efficiency level & just reallocation of resources between good 1 to good 2, i.e here b/w military & civilian goods.

5 0

4 years ago

While in the restroom, you overhear your boss telling a colleague that Bob is going to be laid off at the end of the quarter in

Vsevolod [243]

Answer:

While in the restroom, you overhear your boss telling a colleague that Bob is going to be laid off at the end of the quarter in about two weeks’ time. Bob is a good friend of yours.Do you tell him? Why or why not?a.Response/Approach: UTILITARIANISMi.As a good friend you are, you could HIGHLY encourage Bob look for a newjob and infer that you heard that there are budget cuts going to be happening and “anyone” could be “laid off.”7.One of the newest salespeople in your division is a real goof-off, never showing up for work on time, distracting other people with his antics and so on. You complain about him to your boss, who tells you the kid is the son of the company president. Your boss instructs you not only to leave the new guy alone but also to make his sales numbers look good by throwing him some no-brainer accounts. What do you do?a.Response/Approach: INDIVIDUAL RESPONSIBILITESi. As an employee of this company, you have the responsibility to report thisto a someone of higher status than just your boss. If your boss isn’t takingthe situation seriously, you need to stand up and tell higher authorities.ii.There is surely more people that are aware of this and if everyone aware backs you up, you can’t be fired or punished because then things would “become personal” and that can become a bigger issue that the presidentof the company is probably willing to deal with.

Explanation:

3 0

3 years ago

The minimum wage is an example of a Group of answer choices price ceiling. price door. price wall. price floor.

topjm [15]

Answer:

price floor

Explanation:

A price ceiling is a limit that is established by the government that determines the highest price that can be charged for a product or service.

A price floor is a control that is established by the government that determines the lowest price for a product or service.

According to this, the answer is that the minimum wage is an example of a price floor because it determines the minimum amount that a company can pay to a worker.

The other options are not right because a price ceiling establishes the highest price for a product and price door and price wall are not price controls.

8 0

3 years ago

You are a newspaper publisher. You are in the middle of a one-year factory rental contract that requires you to pay $500,000 per

professor190 [17]

If sales fall by 20 % from 1,000,000 papers per month to 800,000 papers per month, the AFC per paper will rise from $1.5 per paper to $1.875 per paper.

Since the marginal printing cost is $0.35 per paper and the marginal delivary cost is $0.10 per paper.It will not be affected with a decrease in the sales of paper per month

If the sales decrease from 1,000,000 to 800,000 then for break-even point, the minimum price charged will increase from $1.95 per paper to $2.325 per paper

<h3>How to calculate the value?</h3>

Total fixed cost = 500,000+ 1,000,000

=$ 1,500,000 per month

If the sales of paper falls from 1,000,000 per month to 800,000 paper per month.

AFC= total cost / quantity of paper

if salesis 1000,000

AFC=1,500,000/1,000,000

=$1.5 per paper

If sales is 800,000

AFC=1,500,000/800,000

=$1.875 per paper

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4 0

1 year ago