All categories

3 years ago

What is one drawback of pure competition compared to monopolies?

Business

2 answers:

frutty [35]3 years ago

8 0

Answer:

D. Pure competition spreads resources between many different

firms.

Explanation:

Pure competition is a market structure with many suppliers and many buyers. All the suppliers sell a homogeneous product. There is intense business competition among the suppliers. Other characteristics of pure competition include

There are no dominant suppliers.
There is ease of entry and exit into the market
Suppliers/firms are price takers.

In pure competition, resources are shared among the many competing firms in the industry, unlike in a monopoly that has only a single supplier. Resources include raw materials and profits.

weeeeeb [17]3 years ago

3 0

Answer:

Explanation:

You might be interested in

Little Book LTD has total assets of $860 000. There are 75

malfutka [58]

a)Little book LTD earning per share is $1.118 per share.

Explanation:

To calculate earning per share we will use following formula:

$\frac{net income}{weighted average shares outstanding}$

Now to find net income we will take help of asset turnover ratio : $\frac{net sales}{total asset}$

Asset turnover ratio = $\frac{x}{860000}$

$\begin{align}\frac{x}{$86000}\end{align}$ 1.5 × $860000 = x

x (net sales) = $1290000

Outstanding shares = 75000 shares

So Net Income = $1290000×.065

= $83850

Now Earning per share = $\frac{83850}{75000}$

Earning per share = $1.118

b) Market to Book Ratio will be 1.2 for Little Book LTD.

Explanation:

Market to Book Ratio = $\frac{Market Capitalization}{Total Book Value}$

Market Capitalization = $ 75000× $ 12

= $900000

So, Market To Book Ratio = $\frac{900000}{750000}$

Market To Book Ratio = 1.2

5 0

3 years ago

The production era marked a time when companies were able to increase their profits because they were able to decrease their pro

ollegr [7]

Answer:

true

Explanation:

it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall

3 0

3 years ago

A system through which public employees are selected for government jobs through competitive examinations and systematic evaluat

DedPeter [7]

Merit employment system is a personal system under which public employees are selected for government jobs through competitive examinations and the systematic evaluation of job performance.

<h3>What is merit employment system?</h3>

The civil service, also known as the merit system, was established to ensure that hiring and retaining talented workers, as well as the selection and promotion of workers who provide public services and are paid with taxpayer money, are done so in a fair, unbiased, and competitive manner.

The concepts of the Federal Government's merit system are frequently understood as being created to guarantee fair and open hiring, competition, and employment processes devoid of political interference or other non merit elements. The deregulation of performance reviews and rewards has given agencies the power and latitude they need to manage performance well. Nevertheless, enhanced accountability is a side effect of delegating, deregulation, and simplification. The values of the merit system serve as a foundation for moral conduct and are essential to mission accomplishment.

Learn more about merit employment system here:

brainly.com/question/13873364

#SPJ4

7 0

1 year ago

Playtown Corporation purchased 75 percent of Sandbox Corporation common stock and 40 percent of its preferred stock on January 1

Nesterboy [21]

Answer:

<u>Elimination Journal.</u>

Retained Earnings $210,000 (debit)

Common Stock $ 150,000 (debit)

Investment in Sandbox Corporation $270,000 (credit)

Non-Controlling Interest $90,000 (credit)

Explanation:

When dealing with consolidation of Financial Statements, the Equity and Retained Earning in the Subsidiary has to be eliminated from the records whilst the Investment in Subsidiary and the Non-Controlling Interest in Subsidiary are recognized.

Elimination of the common items in consolidation is done by the use of Pro-forma Journals.

<em>Goodwill</em> or <em>Gain on Bargain Purchase</em> are also recognized on the date of acquisition of subsidiary.

Goodwill is the excess of Purchase Price and Non-Controlling interest over the Net Assets Acquired.While Gain on Bargain Purchase is the excess of Net Assets Acquired over Purchase Price and Non-Controlling interest.

<u>Elimination Journal.</u>

Retained Earnings $210,000 (debit)

Common Stock $ 150,000 (debit)

Investment in Sandbox Corporation $270,000 (credit)

Non-Controlling Interest $90,000 (credit)

8 0

3 years ago

Pink-eye and albino are two recessive traits found in the deer mouse Peromyscus maniculatus. In pink-eyed mice, the eye is devoi

kakasveta [241]

Answer:

Punnet square for hetero v homo (38 1/4) (38 1/4) and (76 1/4+1/4= 76 1/2)

: 38,38,76

Explanation:

The punnet square is commonly used to estimate the genotypes of a given breeding analysis. It is widely used to determine the probability or chances of an offspring have a specific genotype. It is commonly used by biologists for the calculation of the probability of offspring. Based on the available information, the answer is 38, 38, 76.

5 0

3 years ago