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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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How does strategic planning influence day-to-day business operations? why is it important for systems analysts to understand a c

Marysya12 [62]

Strategic planning is the art of developing specific business strategies, putting them into action, and evaluating the results in relation to a company's overall long-term goals or desires. Strategic planning is the art of understanding the strategic plan, which are the long-term goals for a company.

It is a theory that concentrates on integrating different corporate divisions to help a company achieve its strategic goals. The terms "strategic planning" and "strategic management" are nearly synonymous.

The idea of strategic planning first gained popularity in the 1950s and 1960s and it remained prominent in the business sector into the 1980s.

To learn more about business strategies, click here

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6 0

2 years ago

Suppose you are going to receive $12,000 per year for five years. The appropriate interest rate is 9 percent. a-1. What is the p

shusha [124]

Answer:

What is the present value of the payments if they are in the form of an ordinary annuity?

Discount all cash flows

12,000/1.09=11,009

12,000/1.09^2=10,100

12,000/1.09^3=9,266

12,000/1.09^4=8,501

12,000/1.09^5=7,799

Add all these discounted cash flows= $46,675 is the present value of ordinary annuity

a-2. What is the present value of the payments if the payments are an annuity due?

In an annuity due payment is made at the beginning of the year so we subtract one from each compounding period so,

12,000/1.09^0=12,000

12,000/1.09=11,009

12,000/1.09^2=10,100

12,000/1.09^3=9,266

12,000/1.09^4=8,501

add all these discounted cash flows = $50,876= PV of annuity due

FV of ordinary annuity

PV= 0

PMT=12,000

I= 9

N= 5

FV=? Put these in financial calculator= $71,816

Fv of annuity due=

12,000+

PV=0

PMT=12,000

I=9

N=4

FV=?=66,877

Pv of annuity due is higher and FV or ordinary annuity is higher.

Explanation:

3 0

4 years ago

when perfectly comepetitive firm x sells three units of productz, its marginal revenue is 4.67. when it sells one hundred units,

nadezda [96]

We can estimate that the cost is $4.67. The marginal revenue of perfectly competitive firm x is 4.67 when it sells three units of goods. The marginal revenue is 4.67 when it sells 100 units.

The income gain brought on by the sale of one additional unit of output is known as marginal revenue. The law of diminishing returns dictates that marginal revenue will eventually start to decline as output level firm grows, even though it can remain constant above a given threshold of output. According to economic theory, perfectly competitive businesses continue to produce goods and services until marginal revenue and marginal cost are equal.

We know that, for a perfectly competitive firm, the marginal revenue (MR) is equal to the price (P)

That is, P = MR

A) Output = three units

Here, for a perfectly competitive firm X, when it sells three units of product Z, its marginal revenue (MR) is $4.67.

So, when it sells three units, the price (P) of product Z is = $ 4.67 ( As, for a competitive firm, P = MR )

B) Output = hundred units

Now, for a perfectly competitive firm X, when it sells a hundred units of firm product Z, its marginal revenue (MR) is $4.67.

( As, for a competitive firm, the marginal revenue and price stay the same irrespective of the level of output )

Similarly, when it sells a hundred units of product Z, the price (P) will be = $ 4.67 [ As, P = MR ]

So, we can conclude that the price is: $ 4.67

Learn more about marginal revenue here

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1 year ago

Suppose a community garden in your neighborhood has both individually owned plots and a large common plot. Further assume that t

kicyunya [14]

Answer:

The free rider problem

Explanation:

The free rider problem is a form of market failure in economics. It means that there's an insufficient form of commodity distribution in which some individuals are allowed to consume more than their fair share of the shared resources or pay less or not at all than the fair share of cost. In this case, tomatoes are overgrown and the common plot is over used, thus making individually owned plot perform better than the common plot. The whole free rider scenario occurs when those who benefits from communal services and goods do not pay for them or underpay for them and over use them.

8 0

4 years ago

Mcleod, Inc. incurred fixed costs of $ 400 comma 000. Total costs, both fixed and variable, are $ 450 comma 000 when 59 comma

shtirl [24]

Answer:

Unitary variable cost= $1.72

Explanation:

Giving the following information:

Mcleod, Inc. incurred fixed costs of $400,000.

Total costs= $450,000

Units produced= 59,000

First, we need to calculate the total variable cost:

Total variable cost= total cost - total fixed cost

Total variable cost= 450,000 - 400,000

Total variable cost= 50,000

Now, the unitary variable cost:

unitary variable cost= 50,000/29,000

unitary variable cost= $1.72

8 0

3 years ago