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3 years ago

Specific barriers to entry for monopolistics

1 answer:

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Ans: These barriers include: economies of scale that lead to natural monopoly; control of a physical resource; legal restrictions on competition; patent, trademark and copyright protection; and practices to intimidate the competition like predatory pricing.

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Which of the following is a skill? A. Sitting B. Hearing C. Dancing O D. Talking

-Dominant- [34]

C, Dancing. Have a good rest of your day!!

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3 years ago

Read 2 more answers

Grady received $8,200 of Social Security benefits this year. Grady also reported salary and interest income this year.What amoun

Alexus [3.1K]

Solution:

a. [$0]

Grady eliminates a limit of $8,200, because the value of his adjusted AGI plus 50 percent of his social security compensation ($12,100 + $250 + $4,100= $16,450), falls below the required level, including social security benefits, of ($25,000 or less for single taxpayers).

b. [$850]

Grady is single with his adjusted AGI plus 50% of his social security income is 25,000 dollars to up to 34,000 dollars (600 dollars with 50% of Social Security benefits). Its social security payments are less than (a) 50 percent ($8,200 or 50 percent= $4,100) or (b) 50 percent ($22,600 adjusted AGI+ $4,100 + − $25,000)= $850), respectively. His social security benefits are therefore taxable at $850.

c. [$6,970]

Grady provides 85% or 6,970 dollars in compensation ($8,200 to 85%), as the adjusted AGI is just over the limit of social security payments ($44,000 for a married joint).

d. [$6,970]

Married reports for its revised AGI plus 50 percent of its social security benefits ($44,000 + $700 + $4,100= $48,800) are over 44,000 dollars. Its taxable benefit in the social security program is less than (a) 85% of the benefits provided for in the social security system (85%= $8970), or (b) 85% of [$44700 adjusted AGI+ $4100 (50% of benefits provided for in the social security system) − $44000] − $4900), plus less than (1) $6000 (2), or (4,100) 50%. This renders it cheaper for less than $6,970 ($4,080 plus $4,100). His net profits are now $6,970.

e. [$6,970]

Grady had been married separately, so thus the taxable social security gain of Grady's data is less than (a) 85% (85%= $8,200); so (b) 85% (85%) of the AGI adjusted by the employer plus 50% (85%) of the social securityprofit(22,000 $+ 600 + 4,100 $(50%)= 22,695). His net profits are now $6,970.

7 0

3 years ago

You’ve recently learned that the company where you work is being sold for $300,000. The company’s income statement indicates cur

chubhunter [2.5K]

Answer:

Explanation:

Data provided in the question:

Present value of the company, PV = $300,000

Current Profits, π₀ = $11,000

Interest rate, i = 9% = 0.09

Now,

we know,

$PV = \pi_0(\frac{1+i}{1-g})$

here,

g is the growth rate

on rearranging, we get

g = $i - \frac{(1+i)\pi_0}{PV}$

on substituting the respective values, we get

g = $0.09 - \frac{(1+0.09)\times11,000}{300,000}$

g = 0.05

g = 0.05 × 100%

= 5%

7 0

3 years ago

Suppose Specific Automakers is considering signing a long-term contract with the union representing its workers. Specific Automa

natka813 [3]

Answer: Worsen; benefits

Explanation:

Specific Automakers is signing a long term contract with the union who are the representative of workers.

Real wages should increase by = 2%

Expected inflation = 5%

Nominal wage increase = 7%

Actual inflation = 6%

Actual inflation is greater than expected inflation, so this would worsen the union and it is beneficial for the automakers because now real wage increase is only:

= Nominal wage - Actual inflation rate

= 7% - 6%

= 1%

This is an example of re-distributive cost of inflation.

8 0

3 years ago

The general ledger of Pipers Plumbing at January 1, 2018, includes the following account balances:

sergejj [24]

Answer:

Journal entries

1. January 24 Provide plumbing services for cash, $18,000, and on account, $63,000.

Dr Cash 18,000

Dr Accounts receivable 63,000

Cr Service revenue 81,000

2. March 13 Collect on accounts receivable, $51,000.

Dr Cash 51,000

Cr Accounts receivable 51,000

3. May 6 Issue shares of common stock in exchange for $10,000 cash.

Dr Cash 10,000

Cr Common stock 10,000

4. June 30 Pay salaries for the current year, $32,600.

Dr Wages expense 32,600

Cr Cash 32,600

5. September 15 Pay utilities of $6,200 from 2020 (prior year).

Dr Utilities payable 6,200

Cr Cash 6,200

6. November 24 Receive cash in advance from customers, $9,200.

Dr Cash 9,200

Cr Unearned revenue 9,2000

7. December 30 Pay $2,600 cash dividends to stockholders.

Dr Dividends 2,600

Cr Cash 2,600

Adjusting entries

Depreciation for the year on the machinery is $7,200.

Dr Depreciation expense 7,200

Cr Accumulated depreciation, equipment 7,200

Plumbing supplies remaining on hand at the end of the year equal $1,000.

Dr Supplies expense 2,500

Cr Supplies 2,500

Of the $9,200 paid in advance by customers, $6,600 of the work has been completed by the end of the year.

Dr Unearned revenue 6,600

Cr Service revenue 6,600

Accrued utilities at year-end amounted to $6,400.

Dr Utilities expense 6,400

Cr Utilities payable 6,400

4 0

3 years ago

Specific barriers to entry for monopolistics​

Specific barriers to entry for monopolistics