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Leno4ka [110]
3 years ago
13

Dairy Cream Inc. makes and sells ice cream. Dairy Cream wants to merge with EZ Freeze Inc., its main competitor and a maker of i

ce cream and other frozen desserts. In a challenge to the deal on a charge of monopolization, the relevant product market includes ice cream and:_______
a. no other products.
b. products that have identical attributes, such as frozen yogurt.
c. products that must be kept cold, such as frozen fruit.
d. products that are related, such as cake.
Business
1 answer:
Readme [11.4K]3 years ago
8 0

Answer:

b. products that have identical attributes, such as frozen yogurt.

Explanation:

A monopoly is formed when a firm or a group of firms have a an unfair advantage in supplying a product and faces no competition while operating.

It is important to identify the market where the monopolist exists.

In the given scenario where Dairy Cream wants to merge with EZ Freeze Inc., its main competitor and a maker of ice cream and other frozen desserts. The merger will eliminate competition and the product market is defined under ice cream and products that have identical attributes, such as frozen yogurt.

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For a business that uses the allowance method of accounting for uncollectible receivables:
Yuri [45]

Answer:

The Journal entries to record the given transactions would be:

Account Title                                                  Debit         Credit

(1) Uncollectible Accounts Expense              18,600

    Allowance for Doubtful Accounts                               18,600

     ($600 + $18,000)

(2) Allowance for Doubtful Accounts              350

    Accounts Receivable—Fronk Co.                                350

(3)  Accounts Receivable—Fronk Co.             200

     Allowance for Doubtful Accounts                               200

     Cash                                                            200

     Accounts Receivable—Fronk Co.                                200

(4)  Cash                                                            400

     Allowance for Doubtful Accounts*            200

     Accounts Receivable—Dodger Co.                             600

($600 - $400)*

3 0
3 years ago
What are three important skills for teamwork and collaboration?
Gelneren [198K]
1. Communication
2. Loyalty
3. Honesty
7 0
3 years ago
Profit maximization occurs when:
lianna [129]

Answer:

The correct answer is option B.

Explanation:

Profit maximization refers to the situation when a firm is able to maximize the total profit that it could earn through the production of goods and services.  

The total profit is maximized when the marginal profit is zero or when the marginal revenue is equal to marginal cost. The marginal profit is the difference between marginal revenue and marginal cost.  

If the marginal revenue is greater than the marginal cost the firm should increase production till both are equal.  

In case, marginal revenue is less than the marginal cost the firm should stop producing more and reduce production till both are equal.

3 0
3 years ago
Is it reasonable to assume that regardless of your relationship with your teammates, or coworkers, you will still show them resp
arsen [322]

Answer:

yes it is

Explanation:

there´s always the premise, that you have to separate your personal of your work life, so is totally reasonable that you have always to show respect to your coworkers because it helps to get better synergies between each other

4 0
3 years ago
Skippy loves peanut butter. Skippy reads on the internet that 75 percent of the peanut crop in the South has been wiped out by d
Bingel [31]

Answer:

d. ​ Skippy’s demand for peanut butter increases today.

Explanation:

The taste and preferences of the consumers are one of the factors affecting the demand for the goods. The demand for goods increases according to tastes and preferences. Another factor of an increase in demand is the expectation of a consumer regarding the future prices of the goods.

In the given scenario, Skippy's demand for the peanut butter will increase because of the above mentioned two reasons. Since he is very much fond of the peanut butter, the demand will remain constant. At the same time, after reading about the future unavailability of the peanut butter and the increase in the price of it, the demand for the peanut butter will rise the present day.

6 0
3 years ago
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