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lorasvet [3.4K]
3 years ago
13

Each of the following firms benefits from barriers to entry in its industry. Indicate whether each of the barriers is natural or

government created.
a. A small-town bar that is the only establishment in the county licensed to serve liquor.
b. A diamond company that owns nearly all of the world's diamond mines
c. A pharmaceutical company receives a patent for a new cancer-fighting drug
d. A soda company that spends over $3 billion on advertising every year
e. A waste-treatment plant that cost a lot to build even though it costs only two cents to treat each gallon of waste
Business
2 answers:
gavmur [86]3 years ago
4 0

Answer:

Natural:

b.A diamond company that owns nearly all of the world's diamond mines.

d.A soda company that spends over $3 billion on advertising every year.

e.A waste-treatment plant that cost a lot to build even though it costs only two cents to treat each gallon of waste.

Government

a.A small-town bar that is the only establishment in the county licensed to serve liquor.

c. A pharmaceutical company receives a patent for a new cancer-fighting drug.

Explanation:

Government barriers are licenses or patents that prevent future firms from entering, natural is everything else.

Arisa [49]3 years ago
4 0

the dude above is right

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Answer:

Product adaptation

Explanation:

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There are various reasons why products may be adapted, one of which is changing the taste of a product to meet the desire of customers who are based in other countries or around the world. It may also involve either changing the brand, colour etc, just to meet customers demand all around the world.

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3 years ago
On April 1, 2018, Elucian Corporation invested in the bonds issued by the City of Westminster on January 1, 2018. These 10-year
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Answer:

D $302, 250

Explanation:

The computation of the total amount paid is shown below;

Total amount paid = Face value + accrued interest

= $300,000 + $300,000 × 3% × 3 months ÷ 12 months

= $302,250

hence, the total amount paid is $302,250

Therefore the correct option is d.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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3 years ago
Grear Tire Company has produced a new tire with an estimated mean lifetime mileage of 36,500 miles. Management also believes tha
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Answer:

$0.013

0.010724

Explanation:

Given that :

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A.) Expected cost of the promotion :

P(X < 30,000)

Using the Zscore relation :

Zscore = (x - m) / s

Zscore = (30000 - 36500) / 5000

= - 6500 / 5000

= - 1.3

100 miles = $1

1.3 / 100 = $0.013

b. What is the probability that Grear will refund more than $50 for a tire?

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$50 = (100 * 50) = 5000 miles

Hence, more than $50 means x < (30000 - 5000) = x < 25000 miles

P(x < 25000) :

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Question 20 poin
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Answer:

true

Explanation:

yes it would decrease

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3 years ago
When the supply curve in the Sudanese slave trade is perfectly ________, every slave bought by the redeemers results in/is _____
Mamont248 [21]

Answer:

B) inelastic; one less slave

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Since in the question it is given that the supply curve in the Sudanese slave trade should be perfectly inelastic and every slave purchased by redeemers that determines that it should be one less slave held in captivity

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Also inelastic means less than one

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