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olchik [2.2K]
3 years ago
11

In two or three sentences, describe how antitrust laws encourages competition

Business
1 answer:
andreyandreev [35.5K]3 years ago
4 0
Antitrust laws prevent monopolies. 
<span>A monopoly is a company or business that dominates a particular market to such an extent that there is no viable competition to that company. </span>
<span>Since a monopoly does not have any other serious competition in a market, the monopoly is at greater liberty to charge higher prices and offer lower-quality prices. </span>
<span>Antitrust laws break up or limit the size of monopolies, allowing other companies to enter a market.</span>
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Answer: Positive ways; Barriers in connecting is slightly no more, Negative ways; Increase in fraud and cyber theft

Explanation:

The internet has changed the conduct and cordination of global business in many ways both positively and negatively. Considering the positive ways

Positive Ways: Barriers in connecting is slightly no more: connecting to one another has been made easy to do business recently, people in continents can carry out a transaction and a trade under minutes of interaction and get the goods and services exchanged among each other immediately.

Negative ways; Increase in fraud and cyber theft; despite the swift nature of doing business now, it has also Increased fraud as some people disguise themselves to be traders and businessmen just to collect people's money.

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Answer: 3 Variable Rate Loan.

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The FASB issued six types of pronouncements prior to the Codification: Statements of Financial Accounting Standards. These prono
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<u>Solution and Explanation:</u>

The following guidelines as per the previously issued FASB statements of the Financial Accounting Standards, and APB Opinions, or the accounting research bulletins and the staff positions.

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3 years ago
A monopolist will earn economic profits as long as his price exceeds. True or False
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Answer:

Answer is True

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3 years ago
During the year ended December 31, 2022, Bjornstad Corporation had the following results: net sales $267,000, cost of goods sold
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Answer:

<em>profit margin 34.61%</em>

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profit \: \: margin = \frac{profit}{sales}

<em>The profit margins represents how many cent or the percentage of sales which converts into net income.</em>

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profit \: \: margin = \frac{92,400}{267,000}

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