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babymother [125]
3 years ago
10

Rhonda is a procurement officer for the government and needs to hire a new plumbing company that she could pay a fixed price per

year to get their services on demand. She sends out this request to a plumbing website where multiple plumbing firms respond with their prices. Rhonda will choose the lowest price offer. This is an example of what
Business
1 answer:
disa [49]3 years ago
3 0

Answer:

competitive bid.

Explanation:

This is an example of competitive bid.

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Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck? A checking
cluponka [151]

Answer:

deposits

Explanation:

8 0
3 years ago
Match each scenario with the source of monopoly market power.
dybincka [34]

Answer:

1. Mary McFly invents a time machine and gets legal protection from competition. Patent

2. Main Line Utilities can operate at a lower cost than multiple electric companies. Economies of Scale

3. The author of Economics for Dumbbells is given exclusive rights to produce this book. Copyright

4. Your city council gives All Talk Communication Services exclusive rights to build high speed internet infrastructure in your town.Government licencing

5. DeJeers Jewelers owns 80% of the world's diamond mines. Control over Resources

Explanation:

A monopoly is when there's only one firm operating in an industry.

Economies of scale is cost reduction that accures to a firm as a result of its large scale production. For example, a supplier might give a producer a discount for buying in bulk.

A patent is when the government or an agency of the government gives the right to produce an invention or a good for a set period, others are usually excluded making, using or selling the invention.

Copyright gives the owner of an intellectual property the exclusive right to make copies of a creative work, usually for a limited time.

If a firm has exclusive access to resocurces, it is possible for the firm to prevent other firms from entering into the industry and thus retain monopoly power.

I hope my answer helps you

5 0
3 years ago
The Custom Halloween Company purchases a new sewing machine to replace an older machine with limited capabilities. The first wee
ELEN [110]

Answer: Capital investment in new machinery  

Capital investment in new machinery enables a company to produce more over a given period of time as compared to the old machine.  

It also helps the company to take advantage of new orders in the markets and helps it increase its share in catering to the demand for its products


7 0
3 years ago
Read 2 more answers
Read the excerpt from It's Our World, Too!: Young People Who Are Making a Difference.
UNO [17]

Hello. You forgot to show the answer options. The options are:

Andy has lost his faith in the system after talking to the principal and he has decided to act on his own.

Andy has become very angry about the racist fans and he will put an end to their comments no matter what.

Andy is intent on making a change for the better and putting an end to the racist comments coming from the racist fans.

Andy feels bad for the protesting players, but he does not want to get too involved in other people’s problems.

Answer:

Andy is intent on making a change for the better and putting an end to the racist comments coming from the racist fans.

Explanation:

Racism is the conflict that is bothering Andy, affecting him to the point of looking for a way to diminish racist comments and even prevent them from happening. In summary, we can say that the conflict causes Andy to look for changes in his schools, suppressing racism and promoting a more comfortable and fair environment for all students.

7 0
3 years ago
Read 2 more answers
To create meaningful on social media content that will resonate with audiences, businesses engage in ______________, which is th
Margaret [11]

Answer:

I think the answer ought to be B. Social listening

Explanation:

By definition social listening is Social media measurement, 'social media monitoring' or social listening is a way of computing popularity of a brand or company by extracting information from social media channels. So that seems to be the best fit.

5 0
3 years ago
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