Match the term to the example

hich scenario is an example of an industry in monopolistic competition? Sprint, AT&T, Verizon, and T-Mobile own a large port

Anton [14]

Answer:

Within walking distance from your home, there are a plethora of fast-food restaurants including Koala Express, Cabo Bob's Burritos, Oodles of Noodles, and Hanz's Hearty Hamburgers.

Explanation:

Monopolistic competition refers to a market where there are a large of suppliers that offer differentiated products to a large number of consumers. The restaurant industry are the most common example of monopolistic competition.

The other options are wrong:

Sprint, AT&T, Verizon, and T-Mobile own a large portion of the U.S. cellular market share. OLIGOPOLISTIC MARKET (FEW SUPPLIERS AND MANY CONSUMERS)

Farmers grow navel oranges throughout the United States. PERFECT COMPETITION (MANY SUPPLIERS AND MANY CONSUMERS THAT SUPPLY SIMILAR PRODUCTS)

The local gas company owns all of the gas lines that supply natural gas and heating to the residents in the town of Madison, Wisconsin. MONOPOLY, ONLY ONE SUPPLIER AND MANY CONSUMERS

6 0

3 years ago

Jack's gross pay for the week is . His yeartodate pay is under the limit for OASDI. Assume that the rate for state and federal

yKpoI14uk [10]

Answer: $122.40

Explanation:

Jack's year to date pay has already exceeded the $7,000 limit on which State and Federal Unemployment taxes can be charged on his pay.

The amount the employer will pay is;

= FICA OASI Tax + FICA Medicare tax

= (1,600 * 6.2%) + (1,600 * 1.45%)

= 99.20 + 23.20

= $122.40

7 0

3 years ago

1. What are some ways you think Panera Bread earns the trust of its public?

Nadusha1986 [10]

They have proven that their food is safe to eat. People have eaten there and even recommended it, so you know someone trusts it.

6 0

3 years ago

Read 2 more answers

Howat Corporation earned $360,000 during a period when it had an average of 100,000 shares of common stock outstanding. The comm

kari74 [83]

Answer: Yes they are.

Explanation:

A warrant will be dilutive if it causes the share price of a company to reduce in value when it is exercised and converted into common stock.

The warrant in this scenario will dilute the share value because it is to be exercised at a price that is lower than the current market price of the stock so when it is added to the outstanding shares, it will reduce the market value and dilute the shares.

8 0

2 years ago

Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting D

WITCHER [35]

Answer:

Pitts Enterprises

Materials Conversion

The equivalent units = 225,000 195,000

Explanation:

a) Data and Calculations:

Units Materials Conversion Total

Work in Process, May 1 50,000 100% 40%

Units started in May 225,000

Units completed 200,000

Work in Process, May 31 75,000 100% 20%

Costs of Work in Process $70,500 $34,050 $104,550

Costs incurred in May 342,000 352,950 694,950

Equivalent units:

Units Materials Conversion

Work in Process, May 1 50,000 0 (100%) 30,000 (60%)

Units started and

completed in May 150,000 150,000 (100%) 150,000 (100%)

Work in Process, May 31 75,000 75,000 (100%) 15,000 (20%)

Total equivalent units 225,000 195,000

5 0

2 years ago