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borishaifa [10]
3 years ago
6

A monopoly, unlike a perfectly competitive firm, has some market power. Thus, it can raise its price, within limits, without qua

ntity demanded falling to zero. The main way monopolies retain their market power is through barriers to entry, which prevent other companies from entering monopolized markets and competing for customers. Consider the market for electronics. Patents are granted to inventors of products or processes for a certain number of years to encourage innovation. Without patents, research and development needed to improve electronics are unlikely to occur, as nothing would then prevent other firms from stealing ideas and copying products.Which of the following best explains the barriers to entry that exist in this scenario?a. Control over an important inputb. Legal barriersc. Increasing returns to scale
Business
1 answer:
raketka [301]3 years ago
3 0

a monopolly unlike a perfectly competitive firm has some market power.

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Which of these is not a benefit of working as a team? a. Improved morale b. Increased productivity c. Improved communication d.
babymother [125]

The option that is correct about not the benefit of team working is to increased personal workload.

<h3>What are the benefits of teamwork?</h3>

Teamwork is the process of doing the work with more than one person or employee in the organization. It is mainly used in large organizations to reduce the workload of the employees.

The benefits of teamwork are as follows:

  • Teamwork increases the productivity of the management.

  • It makes the work on time.

  • It improves the morale of all the employees in the organization.

  • It improved communication power.

It reduced the group workload among the employees.

Therefore, the correct option is D.

Learn more about teamwork, refer to:

brainly.com/question/18869410

6 0
3 years ago
Jake’s Market recorded the following events involving a recent purchase of merchandise: Received goods for $60000, terms 2/10, n
castortr0y [4]

Answer:

$57924

Explanation:

(60000- 1200 x.98) + 300= $57924

3 0
3 years ago
Read 2 more answers
Eastern Products, Inc. has an attractive package of fringe benefits that costs the company $4 for each hour of employee time (ei
hammer [34]

Answer:

$192 will be allocated to the direct labor cost while $8 will be allocated to manufacturing overhead.

Explanation:

Costs relating to idle time are part of the fringe benefits that are related to direct labor and they are parts of the benefits given to workers.

Idle time is the number of time in which workers are idle during the normal working hours or day. Some of the causes of idle time include defective materials, power outage, faulty machine, shortage of raw materials, and among others.

In cost accounting, idle time costs are not included in the direct labor costs but are considered as indirect labor costs. Idle time costs are therefore included in manufacturing overhead cost.

From the question,

Direct labor cost = (Number of hours worked by Robert – Idle hours) × hourly rate

Direct labor cost = (50 - 2) × $4

                            = 48 × $4

                            = $192  

Idle time cost = Idle time × hourly rate

                      = 2 × $4

                      = $8

Total cost = Direct labor cost + Idle time cost

                 = $192 + $8

                 = $200

Since idle time cost is considered as indirect labor cost and to be included in manufacturing overhead cost, $192 will be allocated to the direct labor cost while $8 will be allocated to manufacturing overhead.

All the best.

4 0
4 years ago
7. To prevent cross-contamination when preparing raw meat:
Levart [38]
The correct answer is D
3 0
3 years ago
If Sally deposits $1200 per year and the account earns interest at a rate of 4% per year, compounded annually, how much will she
Alex787 [66]

Answer:

$88,382.67

Explanation:

Here is the complete question:

Sally makes deposits into a retirement account every year from the age of 30 until she retires at age 65.If Sally deposits $1200 per year and the account earns interest at a rate of 4% per year, compounded annually, how much will she have in the account when she retires?

To calculate the future value of the annuity, we use this formula: amount x annuity factor

Annuity factor = {[(1+r) ^N ] - 1} / r

Amount = $1200

R = interest rate = 4%

N = number of years = 35

=( 1.04^35 - 1) / 0.04 = 73.652225

73.652225 × $1200 = $88,382.67

I hope my answer helps you

8 0
4 years ago
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