Answer:
mortgage
Explanation:
A mortgage is the most common type of loan when someone buys a house or apartment. Your bank lends you money and in exchange it takes the property title of your house or apartment as collateral until you finish paying your debt. The same applies for businesses that need to buy real property.
The positive impact is that when a transaction is finished and paid, the result is huge economic growth. Negative one is the decreasing of revenue that earns the company about 20-30%.
Answer: 1250
Explanation:
Let's go in stages,
Gizmos are sold for $80 and have a variable cost of $36. Subtracting that would give us $44. This is the Contribution margin of Gizmos.
Gadgets are sold for $50 and have a variable cost of $22. Subtracting that would give us $28. This is the Contribution margin of Gadgets.
The text says that 3/4 of goods sold are Gizmos with the rest being gadgets.
Let's account for that using their contribution margins.
This means that Gizmos contribute 3/4 from their CM which we'll calculate as,
= 3/4 * 44
= 33
Gadgets would be
= 1/4 * 28
= 7
The Weighted Average contribution margin for both goods in their selling proportion is therefore,
= 33 + 7
= $40
If they make $40 as the weighted average CM then to find the amount of units needed to break even with a fixed cost of $50,000 can be calculated by dividing the fixed costs by the Weighted Average CM which would be,
= 50,000/40
= 1250
They would need to sell 1250 total units in order to break even with a product mix of 3/4 Gizmos and 1/4 Gadgets.
Please do react or comment if you need any clarification. Thank you.
Pure Competition: A very huge number of firms; uniform products; no rent controls: price takers; no entry barriers; no un-price competition.
Oligopoly: Few companies; uniform or distinguished goods; price controls constricted by mutual interdependence: a great deal of anti-price competition, especially product difference.
In each case, Oligopoly and pure competition differs.
- Supermarkets in hometown - Oligopoly is correct; Supermarkets in every area are few in the total amount.
- Steel industry - Oligopoly is correct; Companies are few; their goods are somewhat standardized.
- Kansas wheat farm - Pure Competition is correct; there is no price control; there is no non-price competition.
- Commercial bank - Oligopoly is correct; the facilities are as distinct as the bank can help them look.
- Automobile industry - Oligopoly is correct; Imports made the industry more competitive in the past two years, dramatically increasing American automakers ' market power.
Answer:
<em>2. EasyOpen's patent expired after 20 years</em>
Explanation:
<em>Patent rights last for about a limited period of time, as well as the right to file a lawsuit on other sides for infringement of the patent is centered on that time. </em>
Inventors and other patent proprietors may therefore choose to measure and evaluate their patent's expiry date.
It will mostly rely heavily on the date of filing of your patent application, and also the sort of patent they obtained.
Patents are defined as utility patents, patents on designs or patents on plants.
Patent protection for utility patents, which are the most common type of patent, and which EasyOpen Inc is part of, lasts 20 years after the patent application's filing date.