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2 years ago

Why is there no competition in a monopoly?

2 answers:

7 0

A) there are no close substitutes

Explanation:

A monopoly results when there is a single provider of a particular good or service. Since they’re the only company providing that good or service, the consumer must conduct their business with that specific provider. For example, imagine that Walmart is the only store you can buy food from. Walmart would dominate the entire supply market as it would be the only store from which you can buy your food.

Solnce55 [7]2 years ago

4 0

A) there are no close sub

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Why are rules protecting private property some of the most important rules in a free market system?

Firlakuza [10]

Rules protecting private property are some of the most important rules in a free market system, because people need to own resources or assets in order to make free choices.

6 0

2 years ago

Read 2 more answers

The following market information was gathered for the corporation. The firm has 1,000 bonds outstanding, each selling for $1,100

Nana76 [90]

Answer:

9.127%

Explanation:

For calculating the WACC we need to do following calculations which are shown below:

value of debt = 1,000 × $1,100 = $1,100,000

cost of debt = 8% × (1 - 0.3) = 4.8%

value of equity = 50,000 shares × $18 = $900,000

value of preferred stock = 5,000 × $40 = $200,000

Now

Market value of firm = $1,100,000 + $900,000 + $200,000 = $2,200,000

The formula is shown below:

= Weightage of debt × cost of debt + (Weightage of common stock) × (cost of common stock) + (Weightage of preferred stock) × (cost of preferred stock)

WACC = ($1,100,000 ÷ $2,200,000) × 4.8% + ($900,000 ÷ $2,200,000) × 14% + ($200,000 ÷ $2,200,000) × 11%

= 9.127%

3 0

2 years ago

Conditions of confinement lawsuits often allege what?

sergeinik [125]

They allege that officials have deprived inmates of their constitutional rights

8 0

2 years ago

Assume that you have a subsidiary in Australia. The subsidiary sells mobile homes to local consumers in Australia, who buy the h

denis-greek [22]

Answer: Appreciate

Explanation:

When a country increases interest rates, it will lead to an appreciation in currency. This is because there will be more demand for the currency of the country because people will want to take advantage of the higher interest rates and make a gain.

As the demand for the currency increases but the supply stays the same, the value of the currency will appreciate.

With Australia taking up their interest rates, their dollar will appreciate in value.

5 0

2 years ago

Determine the price in period 1 (the future) if 30 units of oil are consumed in period 0 (the present).

Dovator [93]

Answer:

$16.50

Explanation:

Note: The complete question is attached as picture below

We know that there is a total of 90 units of oil and 30 units is consumed in period 0.

So, in period 1, the consumption amount will be = 90-30=60 units.

So, Q1 = 192 - 8P

For 60 units, the price will be 60 = 192 - 8P

8P = 192 - 60

8P = 132

P = 132 / 8

P = 16.5

So, the price in period 1 is $16.50

8 0

2 years ago