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shepuryov [24]
3 years ago
7

Exists when the entire supply of a good is controlled by a single seller

Business
1 answer:
kkurt [141]3 years ago
7 0
This is called a "monopoly" the goods in question are protected by a legal form to sell it's goods for a number of years, then either allow another company to produce the product, or sell it outright to a competitor.
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For each of the goods, identify the characteristics that describe each good. Note that each good will be described with two char
Bad White [126]

Answer: PLEASE  see below for answer

Explanation: An excludable good is referred to as a private good which restrict people from using them while a non excludable goods are public goods that do not place restriction an so  people can access them eg park .

Also, Non-rivalrous goods are those goods that even though consumed by the people will not cause shortage of the  availability of the same goods to others.   A rivalrous good is the opposite as it causes shortage in availability  to others when used.

National Defence----Non excludable and Non Rivalrous

Pay-Per-View cable television---Excludable and NonRivalrous

a Hot Pocket sandwich--- Excludable and Rivalrous

private classroom education--- Excludable and Rivalrous

pajamas--- Excludable and Rivalrous

a unicycle ---- Excludable and Rivalrous

7 0
2 years ago
The following order book exists for a particular stock. The last trade on the stock was at $58.34. Buy Orders Sell Orders Shares
Molodets [167]

a) Price of a buy order of 200 shares is $58.36.Because there was an offer of sale that is 250 shares at $58.36 per share, so the price would remain constant at 200 Shares.

8 0
3 years ago
The theory of comparative advantage states that:
Stella [2.4K]

Answer:

Productivity rises more quickly when countries produce goods and services for which they have a natural talent.

Explanation:

This is the best option with the theory of comparative advantage states countries produce goods for which they have a lower opportunity cost. Having resources and talents lower the opportunities cost. When countries do this, it increases economic welfare for all.

6 0
3 years ago
On June 1, 2020, the Crocus Company began construction of a new manufacturing plant. The plant was completed on October 31, 2021
liq [111]

Answer :

$2.84 millions

Explanation :

Average expenditures for 2020

= [($58 million * 6 months / 6 months) + ($26 million * 3 months / 6 months)] = $71 millions

Amount of interest that Crocus should capitalize in 2020, using the specific interest method

= Average expenditures for 2020 * Interest rate * 6 months / 12 months

= $71 millions * 8 % * 6 months / 12 months

= $2.84 millions

4 0
3 years ago
Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
wel

I need points so dont mind wat I'm putting

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2 years ago
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