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BaLLatris [955]
3 years ago
12

What would most likely happen to the price of cable TV in Sydney, NE, when the single cable TV firm now has a new competitor com

ing into town
Business
1 answer:
Vika [28.1K]3 years ago
6 0

Answer:

If the the single cable TV firm from Sydney now has a new competitor coming into town, what will most likely happen with the price of the service is that it will go down and become more accessible to consumers, as a direct consequence of the generation of competition from market between the companies involved.

The concept of competition plays a central role in economic theory. it is a situation by which different actors (companies or consumers) compete for a share in the same activity, typically the sale or purchase of a product or service. For economic operators, it is often an advantage to have limited competition on their own side of the market and a lot of competition on the opposite side, as it allows for high profits. From the point of view of society, as high a competition as possible is usually an advantage, as it ensures the best possible utilization of society's resources.

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The correct answer is: B. The finance company is extending credit to a buyer.By agreeing to loan money to a buyer, the finance company is extending credit to a buyer. Once credit is extended to the buyer and if the buyer uses the credit to buy the washer and dryer, the money borrowed then becomes a debt. The finance company may be saving the buyer money, but that cannot be determined from the example. I got this right in U.S.A Test Prep hope this helps! :) <u>[plz reward brainlyiest <3]</u>

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lilavasa [31]

11. Prioritizing steps to solve the problem.

12. Addressing the cause of the problem

13. To reach fair negotiations with all concerned parties.

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3 years ago
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Your employer withholds money from each paycheck. what is this money used for?
sukhopar [10]
some of their employees' pay in order to cover payroll taxes and (((income tax))).Money may also be deducted, or subtracted, from a paycheck to pay for retirement or health benefits.
6 0
2 years ago
Mark Paxson maintains that the statement of cash flows is an optional financial statement. Do you agree? Explain.
AlekseyPX

Answer:

I Disagree

Explanation:

The statement of cash flows is of extreme importance for a company and its stakeholders (especially investors). It shows how activities affecting the balance sheet and the financial statement also affect cash and cash equivalents, and while it is true that the balance sheet has an account under that name, it does not provide enough detail.

The statement of cash flows on the other hand details how much cash the company gets from financing, operating, and investing activities, and from this information, a potential investor can make crucial analysis when determining whether to invest or not.

6 0
3 years ago
Corporations issue only private stocks.<br> a. True<br> b. False
matrenka [14]

Answer and explanation:

It is true that the corporation issue only private stocks but their shares do not trade on public exchanges and are not issued through an initial public offering.

Hope this help you :3

7 0
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