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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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Vlad1618 [11]

Answer:

Predetermined manufacturing overhead rate= $10 per direct labor hour

Explanation:

Giving the following information:

Product A:

Direct labor hours= 1,600

Product B:

Direct labor hours= 400

Estimated overhead= $20,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 20,000/2,000

Predetermined manufacturing overhead rate= $10 per direct labor hour

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3 years ago

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Law Incorporation [45]

Answer:

Nonprofits

Explanation:

Nonprofit business are businesses that have been granted exemption from paying tax by the federal inland revenue. They are formed for the purpose of mutual benefits and not for pursuing owners profits.

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3 years ago

What are some types of graphics you can add to a Word document?

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3 years ago

Wildhorse Company provides the following information about its defined benefit pension plan for the year 2017.

GrogVix [38]

Answer:

Pension Expense = $104,730

(See explanation for worksheet)

Explanation:

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Interest cost ($694,300 x 10%) --------- $69,430

Expected return on plan assets ------ ($65,100)

Prior service cost amortization ----------- $9,400

Pension expense for 2017 is then calculated by:

Service Cost + Interest Cost + Prior Service Cost Amortization - Expected Return on Plan Assets

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3 years ago

ABC trucking company realize that on an annual basis the distance traveled is normally distributed with a mean of 50,000 miles a

maksim [4K]

Answer:

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Explanation:

P(34000<=x<=38000)

P(34000-50000 / 12000) <= z <= 38000-50000 / 12000)

P( -16000/12000) <= z <= -12000/12000)

P(z<=-1.33)- p( z<=-1.00)

=0.9176 - 0.1587 (using standard normal table)

=0.7589

6 0

2 years ago