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Question 15 Not yet answered Marked out of 1.00 PFlag question One of the requirements for a monopoly is that Select one: a. There is a unique product with no close substitutes b. The product cannot b
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One of the requirements for a monopoly is that there is a unique product with no close substitutes. This means that the firm has a unique and distinctive product or service that is not available from any other competitor.
Monopolies:
Therefore, it is considered a single seller of a product with no close substitutes, which gives the company more control over pricing and market share. Usually, monopolies operate quickly and efficiently in the market because they do not face any competition. They have complete control over the supply and price of the goods or services they produce and can maximize profits.
However, there are certain restrictions placed on monopolies, such as anti-trust laws, which aim to promote competition in the market. These laws are designed to prevent monopolies from engaging in unfair trade practices, such as price-fixing and limiting consumer choice. Therefore, monopolies have to operate within these regulations, which may affect their ability to operate quickly and efficiently.
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Related Questions
Explain the stakeholder Analysis Method; Prioritizing,
Learning & Managing stakeholder & Learning About
Stakeholder.
Answers
Stakeholder analysis is a method used in project management and strategic planning to identify and understand the interests, influence, and importance of various stakeholders involved in a project or organization. It helps in effectively managing relationships and addressing their needs and concerns. There are three key components of stakeholder analysis: prioritizing stakeholders, learning about stakeholders, and managing stakeholders.
1. Prioritizing Stakeholders:
Prioritizing stakeholders involves assessing their level of influence and impact on the project or organization. It helps determine which stakeholders require more attention and resources. Factors considered for prioritization may include their power, legitimacy, urgency, and proximity to the project. High-priority stakeholders may include key decision-makers, major investors, influential community leaders, or regulatory authorities.
2. Learning About Stakeholders:
Learning about stakeholders involves gathering relevant information about their characteristics, interests, expectations, and concerns. This can be done through surveys, interviews, focus groups, or reviewing existing data. The goal is to gain insights into stakeholders' perspectives, needs, and potential risks they may pose to the project. Understanding their motivations, values, and potential conflicts can guide effective communication and engagement strategies.
3. Managing Stakeholders:
Managing stakeholders involves developing strategies to engage, communicate, and collaborate with them throughout the project lifecycle. It includes creating open channels of communication, establishing feedback mechanisms, and involving stakeholders in decision-making processes. Effective stakeholder management also involves addressing conflicts, managing expectations, and ensuring their concerns are appropriately considered in project planning and implementation.
Learning About Stakeholders:
Learning about stakeholders involves gathering relevant information about their characteristics, interests, expectations, and concerns. This can be done through surveys, interviews, focus groups, or reviewing existing data. The goal is to gain insights into stakeholders' perspectives, needs, and potential risks they may pose to the project. Understanding their motivations, values, and potential conflicts can guide effective communication and engagement strategies.
Overall, stakeholder analysis helps organizations and project teams to understand the interests, expectations, and influence of stakeholders, enabling them to make informed decisions, manage relationships, and mitigate risks. By prioritizing stakeholders, learning about their needs, and effectively managing their engagement, organizations can enhance project success, build stakeholder support, and achieve desired outcomes.
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This table can be used to organize Gigi’s credit card balances and payments over 6 months. The annual percentage rate on the credit card is 14%. Gigi’s Credit Card Payments Month Balance Payment Interest Rate Interest Charged 1 $650 $300 0.01167 $4.08 2 $354.08 $50 0.01167 3 $307.63 $50 0.01167 4 $260.64 $50 0.01167 5 $213.10 $50 0.01167 6 $165 $50 0.01167 What is the amount of interest charged for the first 6 months? $
Answers
Answer:
-16.34
Explanation:
Disclaimer: I am not sure, sorry. It might be -16.34, 16.34, or 15.75. Once again, sorry.Answer:
$16.34
Explanation:
HAVE A GOOD DAY!!!!
The accounting principle that requires revenue to be recorded when goods or services are provided customers and at an a
received from customers is
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Answer:
revenue recognition principle
Explanation:
is this what you are looking for?
Select all the correct answer.
What type of factor of production is a bulldozer?
Oland
O labor
O capital
O entrepreneur
Answers
Answer:
capital
Explanation:
bulldozer is bought with capital.
Your store is 150 ft. x 70 ft. The security cameras you are planning to purchase each cover 400 square feet. You want to
cover the whole store. How many cameras do you need?
Answers
Answer:
27
Explanation:
Answer:
Your store is 150 ft. x 70 ft. The security cameras you are planning to purchase each cover 400 square feet. You want to
Explanation:
you are organizing your retirement plan. you need $4,000,000 when you retire on december 31, 2060. your employer will match all contributions to your retirement account on 1-for-1 basis and you can earn 8% on all invested funds. today is december 1, 2020 and you will start contributing to your retirement account at the beginning of each month starting next month. if you have $10,000 in your account now, how much do you have to put into your retirement account every month?
Answers
You need to contribute $6,984.66 per month to your retirement account starting next month to reach your retirement goal of $4,000,000 by December 31, 2060, assuming you earn 8% annually and your employer matches your contributions on 1-for-1 basis.
What is retirement?Retirement is a phase of life when individuals cease their employment or work-related activities and transition into a lifestyle that is primarily focused on leisure, relaxation, and personal pursuits. Retirement is typically associated with older adults who have worked for several decades and have reached a point in their lives where they have the financial means to support themselves without regular employment. Retirement may involve changes in daily routines, social networks, and hobbies as individuals adjust to a new way of life. Some individuals may choose to continue working part-time or engage in volunteer work during their retirement years, while others may use the time to travel, pursue creative endeavors, or spend more time with family and friends.
FV1 = $10,000 x (1 + 0.08/12) ^480
FV1 = $10,000 x 21.7242
FV1 = $217,242
FV2 = PMT x [(1 + 0.08/12)^480 - 1] / (0.08/12)
FV2 = PMT x 536.3495
The total future value= FV = FV1 + FV2
$4,000,000 = $217,242 + PMT x 536.3495
PMT = ($4,000,000 - $217,242) / 536.3495
PMT = $6,984.66
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select all the choices that explain what happens with rising price levels. multiple select question. people demand less output. consumption spending increases. purchasing power drops. real balances drop.
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A rise in the general level of prices is referred to as inflation. In other words, for inflation to occur in the whole economy, prices must be rising for a variety of products and services, including housing, clothing, food, transportation, and gasoline.
What occurs when the price level increases?
Demand for investments and other interest-rate-sensitive consumer purchases may decline as interest rates rise. The demand for both consumption and investment declines as a result of price rises, which also results in a reduction in real production.
Price rises brought on by rising production costs, such as those for labor and raw materials, can result in inflation. When people are prepared to pay more for the product, an increase in demand for goods and services can lead to inflation.
The money demand curve will often move to the right as the overall price level rises. This means that at any given interest rate, the economy's consumers will want more money.
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rank the following innovations 1st, 2nd, 3rd, and 4th based on their ability to facilitate trade and travel before 1450. explain the reasons for your ranking.
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Ranking innovations based on their ability to facilitate trade and travel before 1450, the order is as follows: 1st - Compass, 2nd - Caravanserai, 3rd - Lateen Sail, and 4th - Astrolabe. The ranking is determined by considering the impact and significance of each innovation in enabling navigation, transportation, and communication during that time period.
The compass is ranked first due to its pivotal role in aiding navigation by providing a reliable means of determining direction, which greatly facilitated long-distance trade and exploration. Caravanserai is ranked second as it provided crucial resting places and accommodations for travelers along trade routes, promoting safe and efficient journeys. The lateen sail is ranked third as it revolutionized maritime transportation by enabling ships to harness wind power more effectively, enhancing their maneuverability and speed. Lastly, the astrolabe is ranked fourth as it primarily assisted with celestial navigation and determining latitude, but its impact was relatively more limited compared to the other innovations.
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if the required reserve ratio
Answers
Answer:
4
Explanation:
Formula: 1 / Reserve money ratio -> 1 / 0.25 = 4
ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Answers
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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Agnes earns $25,000 as salary. His deductions include a tax of $3,400 and medical expenses of $1,250. He also receives a travel allowance of $1,050. What will be his net pay?
Answers
As a result of the computation, Agnes' net compensation is $21,400.
What exactly is a travel allowance?A travel allowance is a payment made by an employer to an employee to cover the costs associated with traveling for work purposes. It is a reimbursement or an advance payment for expenses such as transportation, lodging, meals, and other incidental expenses that the employee may incur while traveling for business.
To calculate Agnes's net pay, we need to subtract his deductions from his gross pay (salary + allowances):
Gross pay = salary + allowances
Gross pay = $25,000 + $1,050
Gross pay = $26,050
Deductions = tax + medical expenses
Deductions = $3,400 + $1,250
Deductions = $4,650
Net pay = gross pay - deductions
Net pay = $26,050 - $4,650
Net pay = $21,400
Therefore, Agnes's net pay is $21,400.
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Explain your approach in energy audits in third world countries. In your explanation give give evidence how other countries and companies have implemented the need for energy audits as a business. Also SWOT analysis of implementing energy audits in countries
Answers
The strategy is to increase awareness, set policies, develop capacity, carry out pilot projects, give financial support, and track results. Examples include mandated energy audit programmes in the UK and Germany.
Global energy audit services are provided by businesses like Siemens and Schneider Electric. SWOT evaluation Cost savings and sustainability are its strengths. Lack of knowledge and resources are its weaknesses. Opportunities to bring in investments and achieve goals; Resistance and political instability are threats. Energy audits have the potential to increase energy efficiency and sustainability, but overcoming obstacles calls for all-encompassing policies and cooperation between national and international agencies.
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Pick a Fortune 500 company and discuss how they might gain a competitive advantage by focusing on information security. How can information security help drive profits for this company?
Answers
A Fortune 500 company that can gain a competitive advantage by focusing on information security is Walmart.
Information security helps drive profits for Walmart in various ways:
Protecting customer information: The first benefit of information security for Walmart is that it helps to protect customer information. Walmart is known for being one of the largest retailers in the world. Therefore, the company has a huge amount of customer data in its systems. With information security measures in place, the company can secure this data and prevent unauthorized access. This enhances customer trust and helps to retain customers.
Reducing losses due to data breaches: Data breaches can cause a significant loss of revenue for businesses. With information security measures in place, Walmart can mitigate the risk of data breaches, thus reducing the potential loss of revenue from data breaches. This enhances the company's profitability.
Improving operational efficiency: Information security measures help Walmart to prevent disruptions to its operations. In this regard, Walmart can avoid downtime due to cyber attacks. This, in turn, improves the company's operational efficiency. By avoiding downtime, Walmart can maintain its revenue streams and keep its customers satisfied.
In conclusion, focusing on information security can help Walmart to gain a competitive advantage in the market. By protecting customer information, reducing losses due to data breaches, and improving operational efficiency, Walmart can enhance its profitability. Thus, it's vital for Walmart and other Fortune 500 companies to invest in information security.
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What is less liquid, Cash or Stocks and why?
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Marietta opts into a Target app. When she enters a Target store, small Bluetooth devices scattered throughout the store send signals to her phone with personalized deals and information. This is an example of ______ technology.
a. tag.
b. RFID.
c. alien.
d. beacon.
Answers
Assuming small Bluetooth devices scattered throughout the store send signals to her phone. This is an example of d. beacon technology.
What is beacon technology?Beacon technology can be defined as a tiny or small wireless transmitter technology that help to send signals to devices.
One of the example of beacon is blutooth devices. Despite small in size they help to send signal to phone or user device and they as well makes use of low energy.
Inconclusion this is an example of d. beacon technology.
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Select three ratios that are equivalent to 7:67:67, colon, 6. Choose 3 answers: Choose 3 answers: (Choice A) A 12:1412:1412, colon, 14 (Choice B) B 21:1821:1821, colon, 18 (Choice C) C 42:3642:3642, colon, 36 (Choice D) D 63:5463:5463, colon, 54 (Choice E) E 84:6284:62
Answers
Answer: B C D are the answers, your welcme! :)
Explanation:
A merchandising firm's accounting system must allocate the Cost of Goods Available for Sale between Purchases of inventory and the ending balance in Merchandise Inventory. Cost of Goods Sold and the ending balance in Merchandise Inventory. the beginning balance in Merchandise Inventory and Cost of Goods Sold. the Merchandise Inventory balance at the start of the period and the balance at the end of the period.
Answers
The allocation of Cost of Goods Available for Sale between purchases of inventory and the ending balance in Merchandise Inventory involves a long answer because it requires an understanding of the various components of a merchandising firm's accounting system.
The Cost of Goods Available for Sale represents the total cost of all the inventory that a firm has available for sale during a particular accounting period. This includes the cost of inventory purchased during the period as well as the cost of any inventory carried over from the previous period.To allocate the Cost of Goods Available for Sale, the accounting system must first subtract the beginning balance in Merchandise Inventory from the total Cost of Goods Available for Sale. This gives the Cost of Goods Purchased during the period. The accounting system can then use this figure to calculate the Cost of Goods Sold during the period by subtracting the ending balance in Merchandise Inventory from the Cost of Goods Purchased.
In summary, a merchandising firm's accounting system must allocate the Cost of Goods Available for Sale between Purchases of inventory and the ending balance in Merchandise Inventory, Cost of Goods Sold and the ending balance in Merchandise Inventory, the beginning balance in Merchandise Inventory and Cost of Goods Sold, and the Merchandise Inventory balance at the start of the period and the balance at the end of the period. This involves taking into account the various components of the firm's inventory and sales activities during the accounting period.
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Jack has become a franchise of sonic and his local community this as enable him to have access to blank in order to sell the product
Answers
Answer:
the knowledge, processes, and trademarks of Sonic
Explanation:
evaluate the process used to determine credit scores do you think its fair why or why not
how do the five C's fit to determine of a credit score
Answers
Answer:
The five Cs of credit are character, capacity, capital, collateral, and conditions. ... as the Fair Isaac Corporation), a leading credit evaluation firm, uses the information ... good credit score and credit reports play in securing a loan, it's worth considering
Explanation:
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Conflict of Intrest? Jamil works in a store that sells athletic equipment and supplies. Jamil’s sales record is good due to offering potential customers private lessons after hours on how to use the equipment. He charges $35 per session. The company is aware that Jamil is offering this service, and has expressed its approval.
Answers
Yes there is a potential conflict of interest in this scenario jamil is an employee of the athletic equipment and supplies store and is using his position to offer private lessons for a fee.
How to identify the conflictwhile the company has expressed its approval of jamil s actions there is a possibility that customers may feel pressured to purchase the private lessons in order to receive good service or to secure jamil s assistance in the future
furthermore jamil may be incentivized to prioritize the sale of private lessons over the sale of equipment as he stands to profit more from the former
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darnell is responsible for reviewing the benefits offered to all employees. he met with several employees individually to get their suggestions, and based on their ideas, developed a package he thought would be most appropriate. which aspect of vroom's decision tree decision-making style did darnell use? a. delegate
Answers
The aspect of vroom's decision tree decision-making style that was used by Darnell is consult individual. Hence, Option B is correct.
What is the meaning of decision-making style?The most effective method of decision-making is directed decision-making. Instead of asking others for more information, their decisions are based on their own knowledge, experience, and justification.
Darnell met with a number of employees one-on-one to get their input, and based on their comments, he created a package he believed would be most suitable. Darnell applied the consult individual component of Vroom's decision-tree decision-making method.
Therefore, Option B is correct.
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The complete question has been attached in text form:
Damell is responsible for reviewing the benefits offered to all employees. He met with several employees individually to get their suggestions, and based on their ideas developed a package he thought would be most appropriate. Which aspect of Vroom's decision tree decision-making style did Damell use?
O achievement oriented
O Consult individual
O Face
O Partidate Delegate
13. A rate quote for an individual Line haul. Copy
Load quote
Spot quote
Freight quote
Carrier quote
Answers
Answer:
Spot quote
Explanation:
Intermodal transport can be defined as the transportation of goods in one and the same truck or loading medium without handling the goods themselves in a different transport modes.
A shipping container refers to a metal container made from steel and having the ability or strength to withstand all external factors during shipment or storage of materials. It is an essential part of transportation of goods or materials from one location to another, thereby boosting trade between countries.
The various types of shipping containers are, dry storage container, open-side storage container, ISO Reefer container, flat rack container, tunnel container, open top container, double doors container, thermal containers, intermodal freight container etc.
Basically, the two standard sizes of shipping containers are 20ft (6.06m) and 40ft (12.2m): which has a width of 8ft (2.43m) and height of 8.5ft (2.59m).
A spot quote for a freight refers to a rate quote for each individual Line haul. Thus, this rate is usually calculated using current market parameters without a contract.
This ultimately implies that, the spot rate is generally outside the contracted rates and is typically required to be sent immediately.
..................................................................................................................................................................................................is ......................................................................................................................................................................... anyone here
Answers
Answer:
yuh :)
Explanation:
Bellandro Brewery recently became certified as an ISO 14001 company. Which of the following criteria would decision makers evaluate for this award?
Answers
Answer:
environmental improvement plans at the brewery
Explanation:
The career cluster which provides security and protection for the public is___.
A.Law, Public Safety Corrections, and Security.
B.Hospitality and Tourism.
C.Human Services.
D.Information Technology
Answers
Answer:
A.Law, Public Safety Corrections, and Security.
Explanation:
Officers in the Law, Public Safety Corrections, and Security cluster protect properties and citizens' lives. Job titles in this cluster include police officers, security guards, lawyers, correctional officers, and legal assistants.
Works in this cluster revolve around jails, police stations, courts, correctional facilities, and public places where people require security and protection.
Ceteris paribus, if average prices in the U.S. economy fall, then the A. Profit effect will lead to a higher quantity of U.S. output demanded B. Interest rate effect will lead to a lower quantity of U.S. output demanded C. Real balances effect will lead to a lower quantity of U.S. output demanded D. Foreign trade effect will lead to a higher quantity of U.S. output demanded
Answers
Ceteris paribus, if average prices in U.S. economy fall, then the real value of money balances held by consumers and businesses increases.
What are money balances?Money balances refer to the amount of money held by individuals or institutions in various forms such as cash, checking accounts, savings accounts, and other liquid assets that can be used to make transactions. Money balances are an important measure of an economy's liquidity and the ability of individuals to make purchases and investments. They can be used for immediate consumption or saved for future use. The level of money balances held by individuals and institutions is influenced by various factors, such as interest rates, inflation, economic conditions, and individual preferences for saving or spending. Money balances are tracked by financial institutions and policymakers as they can have significant effects on economic activity and monetary policy.
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what are the six steps to be followed in the bank reconciliation process
Answers
Answer:
Here are the steps for completing a bank reconciliation:
Get bank records.
Gather your business records.
Find a place to start.
Go over your bank deposits and withdrawals.
Check the income and expenses in your books.
Adjust the bank statements.
Adjust the cash balance.
Compare the end balances.
Explanation:
The carter corporation purchased $2,000 of direct materials on account from its largest vendor. carter also paid $230 in shipping costs. how would carter record this transaction?
Answers
raw materials inventory $2230
To credit carter corporation $2230
raw materials inventory will shown as debit and carter corporation as credit.
The $2,230 transaction is recorded by carter as a debit to raw materials inventory.
A vendor, usually referred to as a supplier, is a person or a company who sells goods. A vendor often finds a place to sell their products and services. The seller markets and sells their goods using whichever strategy suits them best after procuring the appropriate items. For instance, if it's a food truck, the vendor makes sure there are enough ingredients to prepare the menu items and serve the anticipated amount of people before driving to a specific location and starting to sell meals. To prepare for, obtain, and deliver the items and services they are contracted to offer, a vendor that supplies one of these major businesses would require a significantly larger operation.
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rent received Rs. 10,000/-
Answers
Answer:
Okay, but where is the question or it's free points?
According to sports business journal analysis, which company is handling the highest percentage of betting in the only eight states in which regulators break out results by individual sportsbooks?.
Answers
The FanDuel company is managing the biggest percentage of wagering in the eight states where regulators break public results by individual sportsbooks, according to sports business journal research.
Sportsbook, daily fantasy sports, horse racing, and an online casino are all provided by the American gambling corporation FanDuel Group. The business runs sportsbooks in a number of states, including New Jersey, Pennsylvania, Indiana, and West Virginia. It also offers daily fantasy sports and an online horse race betting service.
Initially established as a provider of daily fantasy sports, the company mainly competed with DraftKings. In May 2018, as sports betting became increasingly legal in the United States, FanDuel and Paddy Power Betfair (now Flutter Entertainment), an Irish bookmaker, reached an agreement to consolidate their American businesses to establish FanDuel Group. FanDuel became the company's primary U.S. brand in an effort to capitalize on the company's already established user base and brand familiarity.
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