Write 3 paragraph prove that a monopolies is bad (3 arguments
against supported by 3 examples of sectors / businesses that might
suffer) (600 words)
Answers
A monopoly is a situation where there is only one company or individual that dominates the market and eliminates the competition. Monopolies can have several negative effects on consumers, workers, and the economy. In this essay, we will discuss three arguments against monopolies supported by three examples of sectors or businesses that might suffer.
First, monopolies can lead to higher prices for consumers. When there is no competition in the market, the monopolist can charge whatever price they want for their goods or services. For example, in the pharmaceutical industry, there are often only a few companies that produce a certain drug. If one of these companies becomes a monopoly, they can charge extremely high prices for the drug, making it difficult for people who need it to afford it.
Second, monopolies can stifle innovation and creativity. When there is no competition, there is less pressure to come up with new ideas and improve existing products. For example, if a tech company becomes a monopoly in the smartphone market, they may not have as much incentive to come up with new features or designs for their products.
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Related Questions
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
The three levels of brand loyalty from strongest to weakest are
a) preference, insistence, recognition.
b) insistence, recognition, preference.
c) insistence, preference, recognition.
d) recognition, preference, insistence.
e) insistence, preference, indifference.
Answers
b) Insistence, recognition, preference.
The three degrees of brand devotion from most grounded to most fragile are: c) demand, inclination, acknowledgment.
Demand alludes to the most significant level of brand dedication, where shoppers have areas of strength for an and enduring obligation to a particular brand. These customers effectively search out the brand and are impervious to changing to options.
Inclination is a higher level, where purchasers have a great tendency towards a specific brand however may in any case think about different choices. They reliably pick the favored brand however are available to options in the event that their favored decision isn't accessible.
Acknowledgment is the least degree of brand dedication, where shoppers are know about a brand and can distinguish it when introduced, however they might not have serious areas of strength for an or inclination for it.
Purchasers at this level might be more powerless to exchanging brands in view of variables like cost, comfort, or special offers.
The request for demand, inclination, and acknowledgment mirrors a movement from the most grounded degree of dependability to the most fragile. It demonstrates the profundity of profound association, responsibility, and probability of rehash buys related with each degree of brand reliability.
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The Household production function introduced in lecture allows discussing differentiated products while we holding preferences over complex needs and wants constant over time and across people. True of False
Answers
The Household production function IQ over time lecture allows discussing differentiated products while we holding preferences over complex needs and wants constant over time and across people. This statement is True.
As was noted in the presentation, IQ is extremely stable over time, with a correlation of 0.73 over almost 70 years. About three IQ points have changed per decade in terms of IQ assessments.
According to 1910 criteria, the average individual alive today would have an IQ of 130, placing them at a superior level of intelligence to 98% of the population. It takes until a youngster is about four years old for their IQ to stabilise. Children who were born prematurely or who have serious health issues may experience it much later. The causes of IQ decrease have grown over time, and the current decline is caused by environmental factors, according to Roseburg, who thinks genetics are not to blame for the change.
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You own a construction business and need to hire workers to build a house and add one worker at a time to the added contribution of each worker. At what point will you stop hiring workers ? Relate this process to the three stages of production function as you explain your answer .
Answers
In the long run, all inputs are variable, so the marginal product of labor will continue to decline as more workers are added. Eventually, the marginal cost of hiring additional workers will exceed the marginal benefit, and it will no longer be profitable to hire more workers.
In the context of a construction business, you would likely stop hiring workers when the marginal product of labor begins to decline, or when the marginal cost of hiring additional workers exceeds the marginal benefit. This decision would be based on your analysis of the costs and benefits of hiring more workers, and your assessment of the efficiency and productivity of your construction process
Can QuickBooks track profitability?
Answers
Answer:
You'll see a snapshot of your income, costs, and profits in the header of every project page.
what difference would it make to the economy if there were no money? What commodities might serve as money instead? Provide reason for your answers.
Answers
Answer:
Well, we would simply be reduced to a barter economy. Therefore we would have to trade items for items.
Explanation:
This is the way it is because "Barter" is The exchange (goods or services) for other goods or services without using money. So if we needed beef, we would have to give the person trading the beef something of ours. As for countries who want to trade, if one needs wool, and one needs iron, and country A has Iron and country B has wool They'd barter the two items.
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Answers
Answer:
.,.
Explanation:
I hope you have a great day!
Muffin ^^
Answer:
;-;
Explanation:
I hope you have an amazing day!
bren~
Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium? it needs to be increased. it needs to be decreased. it needs to reach the price ceiling. it needs to remain unchanged.
Answers
The rate suggested via the means of p2 on the graph to gain equilibrium needs to be decreased.
What is equilibrium?Equilibrium is the nation wherein the marketplace delivers and calls for stability from each other, and as a result, costs grow to be stable.
Generally, an over-deliver of products or offerings causes costs to head down, which leads to better call for—while an under-deliver or scarcity of products causes costs to head up, resulting in much less call for.
The balancing impact of delivery and call for outcomes in a nation of equilibrium. The equilibrium rate is the rate at which the delivery of products fits the call for.
When a primary index studies a length of consolidation or sideways momentum, it could be stated that the forces of delivery and call for are tremendously the same and the marketplace is in a state of equilibrium.
So, from the above statement, it is clear that, it needs to be decreased, is the right answer.
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Answer:
b
Explanation:
Creating an online website what are good ideas to help me brainstorm
Answers
A few ideas for the website are:
An easy-to-update CMSResponsive designHelpful navigationStrong brand identityContact informationSecurity featuresTrue/False: a time series model with a seasonal pattern will always involve quarterly data
Answers
False. A time series model with a seasonal pattern can involve any time interval, not just quarterly data. Seasonality refers to a pattern that repeats itself regularly over time, and it can occur at any frequency, such as monthly, weekly, daily, or even hourly.
For example, a retail store might experience higher sales during the holiday season every year, which creates a yearly seasonality pattern. Alternatively, a manufacturing plant might have a weekly pattern in production output due to different shifts and work schedules. In time series analysis, it is important to identify the appropriate time interval of the seasonality pattern and adjust the model accordingly to make accurate forecasts. Therefore, it is not necessary that a time series model with a seasonal pattern involves quarterly data.
False: A time series model with a seasonal pattern does not always involve quarterly data. Seasonality in time series models refers to any predictable and recurring pattern that occurs at regular intervals. While quarterly data, such as financial statements and economic indicators, are common examples of seasonal data, other time frames can exhibit seasonal patterns as well.
For instance, daily data may exhibit seasonality due to weekly patterns (e.g., increased sales on weekends), while monthly data may show seasonality due to yearly patterns (e.g., higher energy consumption during winter months). It is essential to identify and account for the seasonality in a time series model to make accurate forecasts, regardless of the time frame.
In summary, while quarterly data can exhibit seasonal patterns, seasonal patterns can also occur in other time frames, making the statement false.
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technological advances allow smaller companies to compete with larger companies. group of answer choices true false
Answers
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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Which blockchain challenge is skale helping the ethereum ecosystem overcome.
Answers
Skale is helping the Ethereum ecosystem overcome the challenge of scalability.
One of the major challenges facing the Ethereum blockchain is its limited capacity to handle a large number of transactions. This has led to issues such as network congestion, high transaction fees, and slow transaction processing times. Skale is a layer-2 scaling solution that aims to address these challenges by providing a decentralized network of sidechains that can handle a high volume of transactions in a fast and efficient manner.
Long answer: Skale is a layer-2 scaling solution that is designed to help the Ethereum ecosystem overcome the challenge of scalability. The Ethereum blockchain has faced scalability issues due to its limited capacity to handle a large number of transactions. This has led to network congestion, high transaction fees, and slow transaction processing times, making it difficult for the blockchain to handle high volumes of traffic.
Skale is a solution that aims to address these challenges by providing a decentralized network of sidechains that can handle a high volume of transactions in a fast and efficient manner. Skale operates on a Proof-of-Stake (PoS) consensus algorithm, which allows for faster block times and higher throughput. This means that Skale can handle more transactions per second than the Ethereum blockchain, making it a valuable scaling solution for the Ethereum ecosystem.
Additionally, Skale is designed to be highly customizable, allowing developers to create their own sidechains with specific rules and parameters. This flexibility enables developers to build decentralized applications that can handle a wide range of use cases, from gaming to finance to social media.
In summary, Skale is helping the Ethereum ecosystem overcome the challenge of scalability by providing a decentralized network of sidechains that can handle a high volume of transactions in a fast and efficient manner. With Skale, developers can create decentralized applications that can handle a wide range of use cases, making it a valuable scaling solution for the Ethereum ecosystem.
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major factors influencing economic growth
Answers
Answer:
Some major factors:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
Answer:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
There is a specialty store that you like to go to when you are craving jelly beans. The price is reasonable at $1.30 per pound. The store is a bit of a distance away and you could purchase the same jelly beans at your neighborhood supermarket, but the cost is a little more at $2.10 per pound. You spend about $3 on gas every time you go to the specialty store. How do you know if you are getting enough of the jelly beans to make the trip worthwhile? What two equations would you use to determine your break-even point? (Let C stand for the total cost and x represent the amount of jelly beans.)
Answers
Answer:
-You know if you are getting enough of the jelly beans to make the trip worthwhile when the amount you purchased makes the total cost at the specialty store lower than the total cost at the supermarket and this is when you purchase more than 3.75 pounds of jelly beans.
-The two equations would be:
C=1.30x+3
C=2.10x
Explanation:
From the information given, the total cost at the specialty store would be the result of multiplying the price per pound for the number of pounds plus the amount you spend in gas everytime you go there, which is:
C=1.30x+3
Also, the total cost at your neighborhood supermarket would be the result of multiplying the price per pound for the number of pounds:
C=2.10x
Now, you can say that the price at the specialty store is equal to the price at the supermarket and solve for x to find the amount of jelly beans that would make the total cost at both places the same which would be the break-even point:
1.30x+3=2.10x
3=2.10x-1.30x
3=0.8x
x=3/0.8
x=3.75
You know if you are getting enough of the jelly beans to make the trip worthwhile when the amount you purchased makes the total cost at the specialty store lower than the total cost at the supermarket and this is when you purchase more than 3.75 pounds of jelly beans. Also, the two equations would be:
C=1.30x+3
C=2.10x
Which plan would most likely NOT help you reach the savings needed for college?
Answers
D. Start saving about two months before college begins
Jake Olsen has decided to put $1,000 in the bank. List several questions Jake might want to ask before ch whether to put the money in a checking or a savings account.
Answers
Answer:
look at my comment
Explanation:
how to concentrate in online videos when our concentration is in Instagram
Answers
Answer:
Explanation:
Answer:
There are lots of different ways to keep from distracting yourself. Distance yourself from all other devices you won't be using during the day. Start your day with a healthy breakfast instead of skipping it. Keep your school materials organized, whether they're virtual or offline.
Set a schedule to take small breaks in between to prevent feeling too fatigued. If you focus better with music, play some lofi or a favorite playlist at a low volume.
Good luck, hope this helped!
Nora is applying for a student loan to attend college. What is true? A) Her lender takes less risk with this type of loan. B) There is no collateral needed for this secured loan. C) The APR will be lower the first month of the loan. D) A higher interest may be associated with this unsecured loan. Help QUICK!!!
Answers
Answer:
D) A higher interest may be associated with this unsecured loan.
Explanation:
The secured loan is the loan in which collateral property is pledged while on the other hand the unsecured loan is the loan in which no collateral property is pledged
As in the given situation, the unsecured loan is higher riskier as compared with the unsecured loan. Moreover, in the unsecured loan the interest rate is high and it required high credit scores
Therefore the option D is most appropriate and fits to the current scenario
a state university hires an outside firm to develop and maintain their human resource system. this is called
Answers
Moving one or more activities in the value chain outside of the company's control to other companies in the industry's value chain is known as strategic outsourcing.
Why do some businesses opt for methods other than vertical integration?
Outsourcing enables businesses to focus on their core competencies while simultaneously lowering labor costs and expenses. In practice, vertical integration is time-consuming and costly, and outsourcing can also give a company a competitive advantage. However, vertical integration offers many advantages.
Which kind of corporate diversification is most likely to result in improved performance?
In any case, related expansion, where the organization shares fundamental assets across its business portfolio (e.g., brand, innovation, and circulation channels), can prompt more significant levels of execution than can irrelevant broadening, because of the potential for improved productivity from utilizing shared.
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In a game of pool, the white cue ball hits the #5 ball and stops, while the #5 ball moves away with the same velocity as the cue ball had originally. Both balls have the same mass. This type of collision is-
Answers
This type of collision is an example of an elastic collision.
In an elastic collision, the total kinetic energy of the system is conserved, and the objects bounce off each other with no loss of energy due to deformation or other factors.
Kinetic energy is a type of energy that an object possesses by virtue of its motion. It is defined as the energy that a moving object has due to its motion and is dependent on the object's mass and velocity.
In this case, the #5 ball moves away with the same velocity as the cue ball had originally, indicating that the two balls had an elastic collision.
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Dividing potential customers into groups of similar people is known as
A. customer relationship management
B. market segmentation
C. environmental scanning
D. public accounting
Answers
The division of the customers into groups of the similar people is known as market segmentation. Thus correct option is (B).
What is Market Segmentation?Market segmentation is the marketing strategy in which the people are divided into similar groups making the small segments who has the common needs and respond same to the marketing action.
Market segmentation is the process of grouping comparable clients together. Therefore the correct option is (B).
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Marissa is traveling in Great Britain and is surprised when the server brings her cookies when she ordered biscuits for breakfast. What communication concept best explains the mix-up?A. Communication is symbolic.
B. Communication is relational.
C. Communication is a process.
D. More communication is always better.
Answers
Answer:
B. Communication is relational.
Explanation:
Communication being relational is the best concept that explains the mixup between the server and Marissa who is travelling through Great Britain. For Marissa to request for biscuits, the sever was able to relate her request to cookies which is commonly served as a breakfast meal in Britain. Hence the reason why she brought it to her.
the redwood company determined that its balance in its accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue. these findings are the result of
Answers
Considering the situation described above, these findings are the result of "Vertical Analysis."
This is because Vertical Analysis is a form of analysis conducted in a business firm to express their financial statements.
It is written or described in percentages or proportional calculation.
In vertical analysis, the items on the documents are represented as a percentage of another item, such as accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue.
Hence, in this case, it is concluded that the correct answer is "Vertical Analysis."
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The majority of u. s. men and women revealed what about money and potential romantic partners?
Answers
The majority of u. s. men and women revealed what about money and potential romantic partners Potential partners must have steady incomes.
Ordinary income refers to ordinary income from salaries (including commuting allowances), business income, real estate income, pension income, etc. Temporary income such as retirement income and extraordinary income from investments and businesses are not included. Bonds provide a stable source of income.
A stable and stable income is the basis of people's sense of security. "While it matters to them how much money people make, our research shows that the security of that income is also important.
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Explain how savers would respond if the interest rate on savings accounts increased. Would they increase or decrease their amount of savings? What about borrowers? Would they increase or decrease their amount of borrowing if the interest rate on loans increased? Explain why.
Answers
Answer:
1. Savers increase their savings as interest rate increases
2. Borrowers decrease their borrowing as interest rate on loans increases
Explanation:
1.
Interest rates are a great determinant of what those who save money get on their deposits. When interest rate increases, people tend to save more so as to earn more interest on their deposits. So it encourages savings. Therefore as interest rate increases savers would increase their amount of savings.
2.
For borrowers, more interest rate on loan amount discourages borrowing. More interest rate means that they would have to pay back more money on the loan amount they borrowed. This implies a rise in the cost of borrowing. So the borrower decreases the amount of borrowing if interest rate on loan increases.
What is interest rate?
Interest rate is an amount charged by a lender to a borrower for any form of debt given, generally expressed as a percentage of the principal.
Interest rate to savers
Higher interest rate encourages savings. When interest rate increases, people tend to save more so as to earn more interest on their deposits.
The above means that savers will increase their amount in savings if the interest rate on savings accounts increases.
Interest rate to borrowers
Higher interest rate discourages lenders from borrowing more. More interest rate means that they would have to pay back more money on the loan amount they borrowed.
It therefore means that borrowers will decrease the amounts of borrowing if the interest rate on loans increases.
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According to the video, what are some things Manufacturing workers can do to move up to supervisory and management positions? Check all that apply.
operating machinery
avoiding repetitive work
demonstrating knowledge
coming up with a better way to mass-produce a product
going to college
keeping machinery clean
Answers
Answer:
demonstrating knowledge
coming up with a better way to mass-produce a product
going to college
Explanation:
I got it wrong these are correct:(
The answers are /C, D, E/
/3, 4, 5/
"demonstrating knowledge",
"coming up with a better way to mass-produce a
product",
"going to college"
I want to give more credit to the other person for answering first, though
You're Welcome.
The epicurean society is holding its annual election for president. The three candidates are a, b, and
c. Twenty percent of the voters like upper c the most and upper a the least. Forty percent of the voters like upper a the most and upper c the least. Of the remaining 232 prefer upper b to upper c and upper c to upper a, and 696 prefer upper b to upper a and upper a to upper
c. Write out the preference schedule for this election.
Answers
Answer and Explanation:
Please find answer and explanation attached
United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 4,000 hours to complete and cost $40,000 in materials and equipment usage. The second took 3,600 hours and cost $32,000 in materials and equipment usage. Labor cost is charged at $20 per hour. The prime contractor has now approached URA and asked to submit a bid for the cost of producing another 20 guidance controls. Use and a. What will the last unit cost to build? (Round your answer to the nearest dollar amount.) b. What will be the average time for the 20 missile guidance controls? (Round your answer to the nearest whole number.) c. What will the average cost be for guidance control for the 20 in the contract? (Round your answer to the nearest dollar amount.)
Answers
The average cost for guidance control for the 20 in the contract is $112,000, rounded to the nearest dollar amount.
a. Calculation of last unit cost to buildThe cost of producing the first unit of the cruise missile guidance control is $40,000 and it took 4,000 hours to complete. Therefore, the labor cost for the first unit can be calculated as:
4,000 hours × $20/hour = $80,000
For the second unit, the cost was $32,000 and it took 3,600 hours to complete.
Therefore, the labor cost for the second unit can be calculated as: 3,600 hours × $20/hour = $72,000
The average cost per guidance control for the 20 units in the contract = $2,240,000/20 units = $112,000 .
Thus, the total labor cost for both the units = $80,000 + $72,000 = $152,000
Therefore, the average labor cost per hour = $152,000/7,600 hours = $20/hour
Hence, the cost of producing the last unit can be calculated as:
(20 hours × $20/hour) + $32,000 = $400 + $32,000 = $32,400
Therefore, the last unit will cost $32,400 to build.b.
Calculation of the average time for the 20 missile guidance controls
To calculate the average time for the 20 missile guidance controls, we can use the average time per unit of the first two units.
The total time taken to produce the first two units = 4,000 + 3,600 = 7,600 hours
Therefore, the average time per unit = 7,600 hours/2 units = 3,800 hours
Thus, the average time to produce 20 missile guidance controls = 3,800 hours × 20 units = 76,000 hours
Therefore, the average time for the 20 missile guidance controls is 76,000 hours, rounded to the nearest whole number.c.
Calculation of the average cost for guidance control for the 20 in the contract
The total cost of producing the first two units = $40,000 + $32,000 = $72,000
The total labor cost for the first two units = 4,000 hours × $20/hour + 3,600 hours × $20/hour
= $80,000 + $72,000 = $152,000
Therefore, the total cost to produce the first two units including labor = $72,000 + $152,000 = $224,000
The cost per unit for the first two units = $224,000/2 units = $112,000
Therefore, the total cost of producing 20 units can be calculated as:20 units × $112,000/unit = $2,240,000
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Sarah receives a semi-monthly salary of $933.20 and works a regular workweek of 40 hours. A. What is Sarah's hourly rate of pay? 5 marks b. If Sarah's gross earnings in one pay period were $1090.19, for how many hours of overtime was she paid at time and one-half regular pay
Answers
Answer:
$10.7677
9.72 hours
Explanation:
Given the following :
Semi-monthly salary = $933.20
Work hours per week = 40 hours
Hourly rate of pay =?
Monthly salary = 2 × $933.20 = $1866.40
Yearly pay = $1866.40 × 12 = $22396.8
Therefore, weekly pay ;
$22,396.80 / 52 = $430.7077
However, Sarah only works for 40 hours per week
Therefore, weekly pay equals;
$430.7077 / 40 = $10.7677
B) if gross pay = $1090.19
Therefore, amount of overtime paid equals:
$1090.19 - $933.20 = $156.99
If overtime pay is one-half regular pay, that is;
1.5 × $10.7677 = $16.152
Therefore, overtime hours equals
Total overtime paid / overtime pay rate
$156.99 / $ 16.152 = 9.719
9.72 hours
A coworker asks you for help with something and you're busy finishing up a task, what should you say? A I'm busy right now but I'm happy to help when I'm finished B I'm kind of busy can you ask someone else C I don't have time to help you today
Answers
Answer:
A.
Explanation:
I think I could help him after I'm done with my work.
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