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3 years ago

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

1 answer:

4 0

Antitrust laws prevent monopolies.
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. 
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. 
Antitrust laws break up or limit the size of monopolies, allowing other companies to enter a market.

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Q 4.41: Pierson Industries has a beginning retained earnings balance of $42,500. An adjusted trial balance shows total expenses

stealth61 [152]

Answer:

=$46,500

Explanation:

Retained earning = beginning retained earning+ earnings - dividends.

For Pierson Industries

Beginning retained earnings is $42,000

revenues are $104,800

expenses $97,300

Dividends paid out $3,500

Earning for the period will be revenue minus expenses

=$104,800 - $97,300=$7,500

retained earnings are the end of the year will be

= $42,500+$7,500 -$3,500

=$50,000 -$3,500

=$46,500

4 0

3 years ago

On October 1. Ebony Ernst organized Ernst Consulting, on October 3. the owner contributed $84,310 in assets in exchange for its

LuckyWell [14K]

Answer and Explanation:

The Preparation of the statement of cash flows is shown below:-

Ernst Consulting

Statement of cash flows

For the year ended Oct 31

Particulars Amount

Cash flow from operating activities

Cash paid for salaries -$2,160

($7,350 - $5,190)

Cash paid for rent -$3,910

Paid cash for telephone

expense -$790

Paid cash for miscellaneous

expense -$610

Net cash flow from operating activities -$7,470

Cash flow from investing activities

Purchase of equipment -$18,310

Net cash flow from investing activities -$18,310

Cash flow from financing activities

dividend paid -$2340

Initial investment in Cash $38,320

Net cash flow from financing activities $35,980

Net cash increase/decrease $10,200

Beginning Cash 0

Ending Cash $10,200

Therefore we indicate the minus sign for cash outflow while the positive amount shows cash inflow.

3 0

3 years ago

If the diameter of the efferent arterioles leading away from the glomerulus increases (vasodilation) glomerular filtration rate

Phoenix [80]

The given statement exists true.

The diameter of the efferent arterioles in the glomerulus decreased while

Net filtration pressure will decrease.
The glomerular filtration rate will decrease.
Urine output will decrease.
Systemic blood pressure will decrease.

<h3>What would happen if the diameter of the efferent arterioles in the glomerulus decreased?</h3>

The net pressure of filtration will drop.
The rate of glomerular filtration will slow down.
Urine production will drop.
The level of systemic blood pressure will drop.

The approaching (afferent) arteriole has a larger diameter than the outgoing (efferent) arteriole (by which blood leaves the glomerulus). The difference in diameter between the entering and leaving arterioles causes the blood pressure inside the glomerulus to rise.

The blood components are forced out of the glomerular capillaries by elevated blood pressure. Glomerular filtration is hindered and slows down if the diameter of the efferent arteriole exceeds that of the afferent arteriole. Without the real pressure gradient, it is also impossible to filter out all the components.

To learn more about efferent arterioles refer to:

brainly.com/question/15738991

#SPJ4

5 0

2 years ago

When conducting a SWOT analysis, information about turnover, profit margins, and staff quality can be used to identify:

Alex17521 [72]

When conducting a SWOT analysis, information about turnover, profit margins, and staff quality can be used to identify company strengths and weaknesses. By conducting a SWOT analysis, a company is able to find out valuable information about how their company is conducting business, future plans, and how they compare to others within the same market. Identifying your strengths and weaknesses is important in achieving success. When you know your strengths, it allows you to set your company apart from others and when you know your weaknesses, you can work on improving them.

4 0

3 years ago

Households and firms with savings lend money to banks and other financial institutions. The credit supply curve shows the relati

rosijanka [135]

Answer:higher real interest rate discourages current consumption and higher real interest rate encourages more saving.

Explanation:The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period. In a typical illustration, the price will appear on the left vertical axis, while the quantity supplied will appear on the horizontal axis.

Our measure of credit demand is an indicator variable for a firm's need for bank loans decreasing during the period. We measure credit supply using information on whether a firm's loan application was rejected, or the firm received less than 75% of its desired amount.

Credit supply curve is a curve that plots the quantity of credit supplied at different real interest rates.

4 0

3 years ago