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3 years ago

15

When a company buys out all of its competitors to be a monopoly, that company is practicing ______________________________ integ

ration?

1 answer:

steposvetlana [31]3 years ago

8 0

Horizontal integration

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List three conditions for perfect competition.Instructions: You may select more than one answer.1. There is only one firm that m

Jobisdone [24]

Answer:

There are no barriers to entry.

5. Both buyers and sellers are price takers

.7. Firms’ products are identical.

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

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

I hope my answer helps you

6 0

3 years ago

Read 2 more answers

A company reported the following information for its most recent year of operation: purchases, $114,000; beginning inventory, $2

yuradex [85]

Answer:

ending finished inventory= $17,000

Explanation:

Giving the following information:

purchases, $114,000

beginning inventory, $27,000

cost of goods sold $124,000.

<u>To calculate the ending inventory, we need to use the following formula:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

124,000 = 27,000 + 114,000 - ending finished inventory

ending finished inventory= 141,000 - 124,000

ending finished inventory= $17,000

8 0

3 years ago

There are many food carts near Mark’s university. Mark and his friends regularly buy hot dogs from Jeff’s cart. Recently, Andrea

Lubov Fominskaja [6]

Jeff’s hot dog cart will have less customers and he will get less sales

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3 years ago

Who wants to be good friends

NemiM [27]

Answer:

me

Explanation:

can i be brainly

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3 years ago

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Chavez S.A., a Venezuelan company, wishes to borrow $8,000,000 for eight weeks (maturity). A rate of 6.250% per year is quoted b

JulsSmile [24]

Answer:

Chavez should borrow from the British market.

Explanation:

We need to compare the interest payment of both markets to make the decision

First, calculate the Interest payment in case, if borrowed from the British market

Interest Payment ( British ) = Principal Value x Interest rate x Time fraction

Interest Payment ( British ) = $8,000,000 x 6.250% x 56/360

Interest Payment ( British ) = $77,777.78

First, calculate the Interest payment in case if borrowed from Swiss market

Interest Payment ( Swiss ) = Principal Value x Interest rate x Time fraction

Interest Payment ( Swiss ) = $8,000,000 x 6.250% x 60/360

Interest Payment ( Swiss ) = $83,333.33

As the British market offers a lower rate, Chavez should borrow from the British market.

8 0

3 years ago