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marishachu [46]
3 years ago
7

Why must a monopoly supply a good or service that has no close substitute

Business
1 answer:
butalik [34]3 years ago
5 0

Answer:

Because a monopoly is when one person or buisness provides a good or service that people can't get anywhere else so they can continue to make money.

Explanation:

You might be interested in
MV Corporation has debt with market value of $100 million, common equity with a book value of $100 million, and preferred stock
valkas [14]

Answer:

Market value of Common Stock

Number of stock                             6 million

Market price per share                   $50

Market value of Common Stock  $300 million

Weights for various sources

Source       Market         % of Total Value

Debt            100               23.81%  [100/420*100]

Preferred    20                 4.76%   [20/420*100]

Common     <u>300</u>              <u>71.43%</u>  [300/420*100]

Total            <u>420</u>               <u>100%</u>

7 0
3 years ago
A semiconductor company has established a plant overseas in South Africa, where the power grid is somewhat unreliable. Which of
Leya [2.2K]

Answer:

A. Infrastructure

Explanation:

Economic risks refers to the likelihood of a country's macroeconomic conditions affecting investments or domestic/foreign businesses prospect. There are various forms of economic risks. In this case, Infrastructure is the main economic risk affecting the semi-conductor company. Due to the fact that the power grid of south Africa is somewhat reliable and the company needs it for continuous manufacturing process, by moving to south Africa, they bear the risks of infrastructure (economic risks)

3 0
3 years ago
Read 2 more answers
Explain the mainstream theory of the business cycle. The mainstream business cycle theory is that​ ______ grows at a steady rate
aksik [14]

Answer:

The correct answer are 1. potential​ GDP; aggregate demand; 2. an inflationary; a recessionary.

Explanation:

The dominant theory of the business cycle is a theory about the business cycle, developed by economists at the Austrian School, including Friedrich Hayek and Ludwig von Mises. Explain the relationship between bank credit, economic growth and massive investment errors that accumulate in the bullish phase of the cycle, exploding with the bubble and destroying value.

On the other hand, the conventional theory of the economic cycle is a series of phases through which the economy passes and that happen in order until reaching the final phase in which the economic cycle begins again. It goes through periods of recession and periods of expansion. This phenomenon has been common throughout economic history, becoming known as "commercial cycles" or "cyclical fluctuations".

4 0
3 years ago
The price and quantity determined in a market when the supply equals the demand, the market is in the state of
astra-53 [7]

Answer:

Market equilibrium

Explanation:

The market equilibrium is the price at which the quantity demanded and the quantity supplied are intersected to each other

The intersection could be done by supply and demand curves

Moreover, there is a positive relationship between the price and quantity supplied while for quantity demanded it has an inverse relationship between the price and quantity demanded

6 0
4 years ago
On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $40,000 in cash and giving a short-term n
Norma-Jean [14]

Answer:

See below

Explanation:

The cost of land to be included in the balance sheet would not only include the price paid to acquire the land but also include cost or revenue received in the process while also include all activities required to bring the land to the stage in which it may be ready for usage.

With regards to the foregoing, the cost of land to be included in the balance is is

= Cash paid + short term note + legal fee + delinquent taxes + Fees paid to remove old building from the land - sales of materials salvaged from demolition of the building

= $40,000 + $306,000 + $1,665 + $13,100 + $22,500 - $5,200

= $378,065

Therefore, cost of land to be included in the balance sheet is $378,065

3 0
3 years ago
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