Answer:
The price will be higher and output lower in absence of competition.
Explanation:
When the market does not have enough competition, it provides a certain degree of market power to the existing producers. They are able to regulate prices and output.
It is likely that the suppliers will provide a fewer quantities of goods at a higher price, in order to maximize their profits. The socially optimal level of output will not be produced in the market.
The resources will not be efficiently allocated and deadweight loss will exist.
Answer:
Workplace discrimination prevents the firm from using the full potential of those employees that are being discriminated against.
Explanation:
For example, if the firm discriminates against a specific group of people when hiring (for example, it can discriminate against older people), the firm could lose valuable potential employees that could have provided great skill and experience for the firm.
If the firm practices discrimination against employees, the operation in the company will not be as streamlined as it could be against discrimination because those who are being treated poorly will be less motivated and have lesser output.
The accounting rate of return for this investment given its income, cost of the machine and the salvage value is 8.05%.
<h3>What is the accounting rate of return?</h3>
The accounting rate of return is a capital budgeting method used to determine the level of profitabiliy of an investement.
Accounting rate of return = Average net income / Average book value
Average book value = (cost of equipment - salvage value) / 2
Average book value = (59700 - 7500) / 2 = $21,600
Accounting rate of return = $2100 / 21600 = 8.05%
To learn more about Accounting rate of return, please check: brainly.com/question/13034173
#SPJ1
A only the information technology consultant practice
Fha's role in the real estate mortgage market is best described as an insurance company.
Insurance companies check the risk and price premiums for various sorts of insurance coverage. If an insured event takes place and also you go through damages, the coverage organization can pay you as much as the agreed amount of the insurance policy. The manner insurance companies work, they are able to pay this and nonetheless make an income.
The time period coverage company way a corporation whose number one and predominant enterprise activity at some point of the taxable yr is the issuing of coverage or annuity contracts or the reinsuring of dangers underwritten by means of insurance companies.
Insurance coverage can be furnished for scientific fees, car harm, belongings loss/damage, etc. relying on the type of insurance. premium, policy restrictions, and deductibles are the principal components of coverage insurance coverage. The policy consumer must take a look at them thoroughly whilst buying an insurance policy.
Learn more about the organization here: brainly.com/question/24448358
#SPJ4
