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4 years ago

What kind of market runs most efficiently when only one firm supplies all the goods or services?

1 answer:

3 0

It is called "<span>natural monopoly".

A natural monopoly is a sort of imposing business model that exists because of the high fixed expenses or startup expenses of working a business in a particular industry. Moreover, natural monopolies can emerge in ventures that require unique crude materials, innovation or other comparable components to work.
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In creating the Wii, how did Nintendo ensure a supply of complements that would motivate customers to adopt its new video game f

rosijanka [135]

Answer:

C. Nintendo produced a sufficient number of games to run on the Wii system

Explanation:

Nintendo Wii Launched in 2006, and as at that time, there were already some major video game players in the market like Xbox 360 and the Play Station 3.

In order to ensure dominance in the market, Nintendo decided to make available a wide variety of games for their customers.

The games made available include:

Games from Nintendo's flagship franchises like The Legend of Zelda, Super Mario, Pokémon, and Metroid.
Nintendo also expanded their game numbers by receiving third-party support from companies such as <em>Ubisoft, Sega, Square Enix, Activision Blizzard, Electronic Arts and Capcom</em>.

This made more games to be developed for Wii than for the PlayStation 3 or Xbox 360.

Nintendo also brought up the virtual console service that allows users to play games developed for some other consoles on the Wii. These games were distributed over the internet, and users were able to download them to an SD card or the internal memory of their Nintendo Wii console.

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4 years ago

Dove, Inc., had additions to retained earnings for the year just ended of $486,000. The firm paid out $175,000 in cash dividends

irinina [24]

Answer:

(A) $1.97 per share

(B) $0.52 per share

(C) $20.37 per share

(D) 2.26 times

(E) 23.35 times

(F) 1.00

Explanation:

The computation is shown below:

(A) Earning per share = (Net income) ÷ (Number of shares)

where,

Net income = Retained earnings + dividend paid

= $486,000 + $175,000

= $661,000

And, the number of shares are 335,000 shares

Now put these values to the above formula

So, the value would equal to

= ($661,000) ÷ (335,000 shares)

= $1.97 per share

(B) Dividend per share = (Total dividend) ÷ (number of shares)

= ($175,000) ÷ (335,000 shares)

= $0.52 per share

(C) Book value per share = (Total equity) ÷ (number of shares)

= ($6,825,000) ÷ (335,000 shares)

= $20.37 per share

(D) Market to book ratio = (Market price per share) ÷ (book value per share)

= $46 ÷ $20.37

= 2.26 times

(E) Price-earnings ratio = (Market price per share) ÷ (Earning per share)

= $46 ÷ $1.97

= 23.35 times

(F) Price sales ratio = (Market price per share) ÷ (Total sales per share)

where,

Total sales per share = (total sales) ÷ (Number of shares)

= (154,00,000) ÷ (335,000 shares)

= $45.97 per share

So, the price sales ratio = $46 ÷ $45.97 = 1.00

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3 years ago

1. How do scarce resources influence you personally? What impact does this have on your financial management?

Sloan [31]

If a resource is scarce, you will not want to use as much of it, therefore you learn to settle with the small amount and deal with the amount it supplies.

This helps you save money because it is scarce, so you will not need much of it.

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3 years ago

Delicious Coffee Company hires Elton to sell Delicious’s products in a certain area. Delicious agrees to pay Elton a salary, plu

Ket [755]

Answer:

The control Delicious has over the details of the work

Explanation:

The key factor refers to the most prominent reason which proves a fact in the most convincing manner.

In the given case, Delicious coffee company has hired Elton to sell products in an area and have determined his compensation in the form of salary, commission and other benefits.

Also the terms of selling by which Elton must abide by have been mutually agreed upon between the parties.

The key factor which determines that Elton is Delicious's employee is governed by the extent of control Delicious (Employer) exercises over the details of his work i.e how the employer controls his work and tasks.

The key factor would also be reflected in Elton's acts relating to his performance of the job.

3 0

4 years ago

Which type of pasta are hollow, twisted short pasta that can be either smooth or ridged?

kolbaska11 [484]

D: elbows. They apply to all criteria in the question above

6 0

3 years ago

Read 2 more answers