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2 years ago

If only one airline serves a town, does a monopoly exist? What about competition from other services?

Business

2 answers:

Pie2 years ago

5 0

Answer:

I really don't understood ur Question..

Explanation:

Sorry friend.....

Nadya [2.5K]2 years ago

3 0

If only one airline serves a town, the question of whether a monopoly exists is:

Yes, a monopoly exists

Based on the given question, we are asked to state whether a monopoly exist in a situation where there is only one airline in a town, and the answer is, yes, that is a monopoly

It is important to note that a monopoly has to do with the domination of one company in a market system whereby there is little to no competition from other companies. In this situation, there is usually higher prices of products because there is a lack of competition for competitive prices.

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Speedy Bikes could sell its bicycles to retailers either assembled or unassembled.

Feliz [49]

Answer:

Speedy Bikes

a. Incremental Analysis for the sell-or-process-further decision:

Cost of an Cost an Difference

unassembled bike assembled bike

Alternative 1 Alternative 2 Increment

Sales price of unassembled bike $450 $495 $45

Manufacturing cost per unit $290 $312 (22)

Net operating income $160 $183 $23

b. Speedy should process the bikes further.

c. It will generate an incremental net operating income of $23 per bike.

Explanation:

a) Data and Calculations:

Cost of an Cost an

unassembled bike assembled bike

Direct materials $150 $155

Direct labor 70 80

Variable overhead (70% of direct labor) 49 56 ($80 * 70%)

Fixed overhead (30% of direct labor) 21 21

Manufacturing cost per unit $290 $312

7 0

3 years ago

Highlands Company uses the weighted-average method in its process costing system. It processes wood pulp for various manufacture

Bad White [126]

Answer:

1. 180,000

2. Material 198,000

Labor OH 192,000

Explanation:

A. calculation The number of ton pulp manufactured.

Particular Unit

Work in progress on June 1 20,000

Add: production during the month 190,000

Total process unit 210,000

Less: work in progress on June 30 30,000

Total unit manufacture and transfer 180,000 

B. Calculation of Equivalent units.

Particular Materials Labor and Overhead

Total unit produced 180,000 180,000

Add: Work in progress

Material (30000*60%) 18,000

Labor and OH (30000*40%) 12,000

Equivalent production 198,000 192,000

6 0

4 years ago

The first step a domestic firm takes when entering an international arena is usually to create an international division.

DanielleElmas [232]

If this is a true/false question, the answer is FALSE. Usually creating an international division comes after some time and the international ventures have gotten a foothold in the respective country.

5 0

3 years ago

Which employer benefit option requires the employee to refuse to participate in the plan?

lubasha [3.4K]

Answer:

Opt-out program

Explanation:

A health insurance optout programe is an arrangement for financial incentive for same employees who offer employment to the declined group health covers. Such are den to reduce the benefits of cost by paying less for the inventive they would for their share of the benefits.

5 0

3 years ago

The total revenue curve reaches its maximum at a quantity of air conditioners per year. at this point, the slope of the total re

sp2606 [1]

Answer: Equal to zero

Explanation: Slope is a number that describes the steepness of a line or curve. At the maximum point, the total revenue curve becomes flat. At this point the slop of the curve given by the rate of change in the curve is equal to zero. it is neither increasing nor decreasing at the maximum point.

Slope is calculated as,

$Slope=\frac{Change in y}{Change in x}$

Total revenue curve is the relation between total revenue and quantity. At the maximum, change in total revenue is zero so the slope will also be zero.

$Slope=\frac{Change in TR}{Change in Q}$ = 0

5 0

3 years ago