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3 years ago

The United States Postal Service (USPS) is in which type of market structure?

1 answer:

7 0

The USPS is a monopoly. To be specific, its a government/legal monopoly.
Im not sure abt this question but correct me if im wrong i think its pure monopoly

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What’s the difference payment wise between a debit and credit card?

Jet001 [13]

A credit card is borrowed money and you pay it in return later on. Debit card is money from your bank account

3 0

3 years ago

bought 2,000 shares of Print Company stock for $12,780. She sold the stock for $7 per share and paid a sales commission of $26.

Svetach [21]

Answer:

$1,194

Explanation:

The buying price of the shares was $12,780

The selling price was $7 dollars for each.

The total amount realized is 2000 share x $ 7

=$14,000

The commission paid is $26

Net amount obtained is $14,000 -$26

=$13,974

Profit will be $13,974 -$12,780

=$1,194

6 0

3 years ago

On December 31, Jarden Co.'s Allowance for Doubtful Accounts has an unadjusted credit balance of $14,000. Jarden prepares a sche

ahrayia [7]

Answer and Explanation:

a. The required balance of allowance for doubtful debts is shown below:

Particulars Account receivable % Estimated uncollectible

Not yet due $860,000 1.20% $10,320

1 to 30 days $344,000 1.95% $6,708

31 to 60 days $68,800 6.45% $4,438

61 to 90 days $34,400 32.50% $11,180

Over 90 days $13,760 67.00% $9,219

Estimated balance $41,865

b. The adjusting entry is

Bad debt expense Dr ($41,865 - $14,000) $27,865

To Allowance for doubtful debts $27,865

(being the bad debt expense is recorded)

For recording this we debited the bad debt expense as it increased the expenses and credited the allowance for doubtful debts as it decreased the assets

8 0

3 years ago

If the quantity supplied responds only slightly to changes in price, thenA. supply is said to be elastic.B. even a large decreas

Murrr4er [49]

Answer:

D. supply is said to be inelastic.

Explanation:

When the change in the quantity supplied of any good is less sensitive due to change in the price, then the supply is known as the inelastic and If the quantity supplied responds only slightly to changes in price, then supply is said to be inelastic.

6 0

3 years ago

Shelley is the Chairman of the Federal Reserve. She is in charge of making decisions for the Fed that will impact the economy in

olga nikolaevna [1]

Answer: a. increase the reserve requirement

Explanation:

With such an inflation rate, the economy is probably producing at a point higher than its potential GDP which means that it is overheated. It therefore needs to be controlled and brought back down to its potential level.

Restrictive monetary policy - reducing money supply - would be a way to do this. The Fed can do this via a variety of ways but one way is by raising the reserve requirement. This would require banks to leave more deposits with the Fed. As these cannot then be lent to the public, money supply will decrease.

8 0

3 years ago