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solmaris [256]
2 years ago
15

What is true for monopoly that is not true for perfect competition? profit is maximized where mr = mc. the industry demand curve

is downward sloping. the firm and the industry are exactly the same entity. positive economic profits may be earned in the short run?
Business
1 answer:
Andru [333]2 years ago
6 0
The answer is the third option. It is true for a monopoly that is not true perfect competition that the firm and the industry are exactly the same entity.

In a perfect competition the industry (producers) is composed of a large number of companies or firms that compete in the market, trying to give the best product/service to the lowest cost, while in a monopoly there is one only firm which constitute the industry.
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Nathalie is willing to apply for a car loan. She is 18 years old, still lives at home with her parents and has a part-time job d
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Answer:

Nathalie provides a cosigner on her loan

Explanation:

In the case when an inidvidual co-signs the loan so the individual is become obligated in a legal way to repay the full loan with respect to nathalie when she is not able to pay the amount. Also the loan officer would permitted in that case when the co-signer has the stable kind of job or the source of revenue.

So, nathalie not sign the car of the parent as the collateral as it required the parent consent

So the above should be the answer

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the general rule associated with the segregation of duties is that accounting controls should be set up to separate (1) custody
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The general guideline for the segregation of duties is that the following areas should be separated by accounting controls : 1. custody of assets, 2. authorization of transactions, and 3. record-keeping responsibilities.

<h3>Give a brief account on segregation of duties.</h3>

The assignment of distinct steps in a process to different personnel is known as the segregation of duties. By exercising extreme control over a process, the goal is to prevent situations in which someone might steal something or do another fraud. In essence, distinct parties should have physical custody of an asset, record-keeping responsibilities for it, and acquisition and disposal authority.

A key component of a control system is the separation of roles. When evaluating an entity's system of internal controls, auditors will consider duty segregation and will give the system a lower rating if there are any segregation problems.

The auditors will change their methods when there are segregation problems because they will presume that the danger of fraud has increased. This method shift typically entails a rise in audit workload, which is passed on to the customer in the form of higher audit fees.

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4 0
1 year ago
Another name for a negotiated labor-management agreement is a?
statuscvo [17]

Another name for a negotiated labor-management agreement is a Collective bargaining agreement (CBA).

<h3>What is Collective bargaining agreement ?</h3>

Collective bargaining agreement  can be regarded as the  contract which encompass  results of the negotiations that exist between the employer and the union.

Therefore, Another name for a negotiated labor-management agreement is a Collective bargaining agreement (CBA).

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8 0
2 years ago
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Answer:

An example of scarce source of production is "Labour"

Explanation:

An example of scarce source of production is "Labour"

Labour

This refers to the work done by those who contribute to the production  processes.  Many people not in paid employment also provide things that are needed by  people. For example, a woman might not hold a job in order to raise her children  and look after the home.  Some people are more productive in the work place than others because they  have different levels of education, training and experience. They are said to  possess a greater amount of human capital.  This implies that this factor can be enhanced in an economy through educational  initiatives and investment in training.

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