Answer: d. Regulate the firm's pricing behavior.
Explanation:
One way the government can regulate monopolies is to protect the interests of the consumers who are usually the end users. The government have the market power to set prices higher than normal in a competitive market. Thjs can be achieved by Price capping or limiting price increases. As this helps Regulate the firm's pricing behavior.
Answer:
The value of the firm is $1,485,000
Explanation:
For computing the value of the firm, first, we have to compute the price per share which equals to
= Borrowed amount ÷ repurchase shares
= $220,000 ÷ 20,000
= $11 per share
Now, the value of the firm should be computed. The formula is used which is shown below:
= Price per share × Number of outstanding shares
= $11 × 135,000 shares
= $1,485,000
Hence, the value of the firm is $1,485,000
Answer:
3. an insurance agent and an insurance company
Explanation:
Insurance simply means protection from financial loss.
Types of insurance are:
1. Property insurance
2. Life or personal insurance
3. Marine insurance
4. Fire insurance
5. Liability insurance
6. Social insurance
7. Guarantee insurance
Insurance Agents are people that work for insurance companies to reach out to new and existing customers to sell insurance. An insurance agent acts as an intermediary between an insured and the marketplace
An insured means a person or organization covered by insurance. They are like consumers.
Insurance company (insurer) is a business that provides coverage, in the form of compensation resulting from loss, damage or injury, treatment or hardship in exchange for premium payments.
Wholesale Broker is a type of insurance broker who acts as an intermediary between a retail broker (insurance agent ) and an insurer while having no contact with the insured
The real wage paid to the worker is 4 hamburgers per hour.
<h3>What is Wage?</h3>
- A wage is the sum of money that an employer pays an employee for work that was completed within a certain time frame.
- The minimum wage, prevailing rate, annual bonuses, and remunerative rewards like prizes and tip payments are a few examples of wage payments.
- It is broken down into two parts: a direct cost made up mostly of gross pay plus various benefits; and an indirect cost made up primarily of traditional and legal employer contributions and other fees.
- Regular and supplemental pay can be divided into two groups.
- The number of hours worked multiplied by the employee's hourly wage can be used to determine gross wages for hourly workers.
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