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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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Which is of the following is NOT an example of a non profit organization?

OLga [1]

D) all of the answers

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3 years ago

Cono-Cool air conditioners cost $350 to purchase, result in electricity bills of $160 per year, and last for 5 years. Luxury Air

tatuchka [14]

Answer:

a) The equivalent annual costs of the Econo-Cool models= $436.50

b) The equivalent annual costs of the of Luxury Air models = $515

c)Econo-cool model

d 1 .(i) $464.15

(ii) $597.95

d 2 . Econo-cool model

Explanation:

a) Econo-cool model

Purchase price= $350

Discount =21%

Electricity bill= $160 per year

Annual cost per year will be

$350 * 79/100 =$276.50 ------after applying the 21% discount

$276.50+$160 =$436.50 -------after adding electricity cost per year

The equivalent annual costs of the Econo-Cool models= $436.50

b) Luxury Air Models

Purchase price at the shop=$550

Discount =21%

Buying price =79/100*$500 = $395

Electricity cost = $120 per year

Annual cost = $395+$120 =$515

The equivalent annual costs of the of Luxury Air models = $515

c) The Econo-cool model

d (1) Econo-cool model

$350 *110/100 =$ 385 -----due to inflation

Apply the discount = 385*79/100 =$304.15

Add the cost of electricity = $304.15+$160 =$464.15

For Luxury Air model

$550*110/100 =$605

Apply the discount = $605*79/100 =$477.95

Add electricity bill = $477.95 +$120 =$597.95

d(2) Econo-cool model

7 0

3 years ago

Omar and Janet are also trying to forecast what their federal and state income taxes will be at the end of the year. If Rings an

Brums [2.3K]

Answer: This was the best answer I could come up with. Its probably wrong but whatever! :P

They will determine their income taxes based on their positive cash flow of $1,000.00 per month. This is because this cash flow spans across more months than their negative cash flow of -$150.00 per month. Expenses that could be used for their tax deductions is sales tax.

Explanation:

3 0

2 years ago

Read 2 more answers

On December 1, 20X4, Line Corp. received a donation of 2,000 shares of its $5 par value common stock from a stockholder. On that

Brrunno [24]

Answer:

Explanation:

The shares that are donated is treated as the treasury shares. The treasury stock and the gain or the revneue account rise the stock market value. If there is an increase in the treasury stock so it reduced the stockholder equity but on the other hand the gain or revenue increase the owner equity

So overall there is no net effect

hence, the amount should be $0

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2 years ago

Consumers will bear switching costs if: a. the benefits of adopting the new technology outweigh the costs of switching. b. switc

Katarina [22]

Answer: a. the benefits of adopting the new technology outweigh the costs of switching.

Explanation: Switching costs are defined as those cost the consumer pays as the result of changing brands or products, but can also be manifested in the form of time and effort spent during the switching process, the risk of disruption of business operations during the period of switching etc. and so therefore, switching costs can be monetary, psychological, effort-based, or time-based.

Companies with difficult-to-master products and low competition often times will use high switching costs to maximize profit by typically employing strategies that incur high switching costs on the consumer. Therefore, consumers will bear the costs of switching if the benefits of adopting the new technology outweigh the costs of switching.

3 0

3 years ago