Microsoft would sell so few copies of its Windows software that they would make more money by selling at a reduced price, the company confronts relatively little competition from other businesses.
A company operating in a market segment with little or no competition is said to have a monopoly. As a result, it has complete control over the conditions and costs it charges clients, which greatly increases its profitability.
There are several ways for a corporation to control its market, even if monopolies are undesirable and prohibited.
The quickest way for a corporation to become a monopoly is for the government to grant it exclusive rights to offer goods or services.
Government-created monopolies are intended to lead to economies of scale that lower consumer prices.
The business can sell more copies while still making money if there is a predetermined pricing and no production costs. Because Microsoft would sell so few copies of its Windows software that it would make more money by selling at a reduced price, the corporation would have relatively little competition from other businesses.
To learn more about little competition in industry link is here
brainly.com/question/28110576
#SPJ4
What two factors influence an economic school of thought?(1 point)
Answer:
Free-market, or laissez-faire, economics and Keynesian theory.
Explanation:
The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.
There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.
Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.
Learn more about the Economic School of Thought here:
brainly.com/question/4537767
#SPJ2
A consumer products company hires your engineering firm, Eileen, Dover and Fell LLC., to design a waste treatment system for the by-product effluent emitted by their new line of skin care products. One product, Afterburn™, is meant to soothe the skin and lower the pain associated with overexposure to the sun. The production process discharges a liquid waste stream containing aspirin (acetylsalicylic acid C9H8O4), para-amino benzoic acid (PABA, (C7H7NO2)), and propylene glycol (PG, (C3H8O2)). If the COD of the waste stream is 1223 mg/L, the TOC is 426 mg/L, and the TON is 20 mg/L, determine the concentration of each of the three components. Assume no nitrogenous oxygen demand is measured.
Determine waste stream concentration of Afterburn™ skin care product components using COD, TOC, and TON values, including aspirin, PABA, and PG.
To determine the concentration of each component, we can use the conversion factors provided by the Chemical Oxygen Demand (COD), Total Organic Carbon (TOC), and Total Organic Nitrogen (TON) values.
The COD value represents the total amount of oxygen required to oxidize the organic compounds in the waste stream. Given that the COD is 1223 mg/L, it represents the total organic content of the effluent.
The TOC value of 426 mg/L indicates the concentration of organic carbon in the waste stream. This value includes the carbon content of all organic compounds present, including acetylsalicylic acid, para-aminobenzoic acid, and propylene glycol.
The TON value of 20 mg/L represents the concentration of organic nitrogen in the waste stream, which can be assumed to be zero in this case as no nitrogenous oxygen demand is measured.
Since the concentrations of the individual components are not directly provided, further analysis or additional information is required to determine the specific concentrations of acetylsalicylic acid, para-aminobenzoic acid, and propylene glycol in the waste stream.
In summary, the given information provides the overall organic content of the waste stream in terms of COD, TOC, and TON. However, specific concentrations of acetylsalicylic acid, para-aminobenzoic acid, and propylene glycol cannot be determined solely from these values. Additional analysis or information would be necessary to determine the individual concentrations of these components in the waste stream.
learn more about amount here
https://brainly.com/question/29994977
#SPJ11
Green planet corporation has 5,000 shares of noncumulative 10% preferred stock with a $2 par value and 17,000 shares of common stock with a $0. 01 par value. During its first two years of operation, green planet declared and paid the following total cash dividends. Year 1 total cash dividends $ 800 year 2 total cash dividends 1,700.
Calculation:
First year: PS $800 CS $0
PS $1,000, CS $700 in Year 2.
5,000 × $2 x 10% = $1,000 in preferred dividends; when dividends are distributed, preferred dividends take precedence over common. They get compensated in advance.
Year 1: All 800 dollars will go to preferred charities.
Year 2: 1,000 shares of preferred stock are issued.
Common stockholders will receive the final $700.
Why do you want Green Planet Group?The Green Planet Group has made a long-term commitment to developing a successful business that is renowned for keeping high standards of social responsibility and productivity.
What is Green Planet's purpose?Green Planet's goal is to feed everyone on the planet by producing and selling cutting-edge products. It raises consciousness among farmers.
To know more about Green Planet visit:-
brainly.com/question/14806948
#SPJ4
An investor purchases a stock for $52 and a put for $0.60 with a strike price of $50. The investor sells a call for $0.60 with a strike price of $58. What is the maximum profit and loss for this position
Answer:
Maximum profit = $6
Maximum loss = -$2
Explanation:
The computation of maximum profit and loss for this position is shown below:-
Maximum profit = Strike price - Purchase of stock
= $58 - $52
= $6
Maximum loss = Strike price - Purchase of stock
= $50 - $52
= - $2
Therefore for determining the maximum profit and loss for this position we simply applied the above formulas.
Gross profit equals the difference between net sales and
a. operating expenses.
b. cost of goods sold.
c. net income.
d. cost of goods sold plus operating expenses.
Gross profit equals the difference between net sales and the cost of goods sold. The correct answer is Option B.
Gross profit is a financial measure that represents the profit a company earns from its core operations after deducting the cost of producing or acquiring the goods sold. It is calculated by subtracting the cost of goods sold (COGS) from the net sales or revenue generated by the company. Gross profit reflects the profitability of the company's products or services before considering other operating expenses such as selling, general, and administrative expenses. Therefore, the correct answer is Option B: cost of goods sold.
You can learn more about Gross profit at
https://brainly.com/question/942181
#SPJ11
Creating an anonymous complaint or grievance process is something
employers can implement to prevent which of the following?
O A. Layoffs
B. Harassment
C. Taxed income
D. Arguments
How are business plans used in health care? Check all that apply.
-identifying a consumer market
-establishing goals and objectives
-comparing prices of medical equipment
-calculating a company's cash flow
-figuring out the business's purpose
Answer:
identifying a consumer market
comparing prices of medical equipment
calculating a company's cash flow
Answer:
Establishing goals and objectives
Figuring out the business’s purpose
Explanation:
I got it correct ;)
can someone recommend me some research topics for economics.would really appreciate if it is in a list
Explanation:
here are some research topics for economics::
1. The effect of income changes on consumer choices
2. The effect of labor force participation on the economy and budget – A comparison
3. The impact of marital status on the labor force composition: A case of [your country] economy
4. The difference in the consumption attitude in [your country] over the last decade – Critical analysis of consumer behavior trends
5. The relationship between salary levels and ‘economic convergence’ in [your country]?
6. Analyzing salary inequalities in [your country] and the forces behind such inequalities.
7. The evolution of consumption in [your country] over the last 10 years: Trends and consumer behavior.
8. Dynamics of the Gini index as a reflection of the problem of inequality in income
9. Cashless economy: The impact of demonetization on small and medium businesses
10 Privatization of Public Enterprises and its implications on economic policy and development
NEED HELP ASAP, WILL GIVE BRAINLIEST
The chart below shows a production possibility schedule for a pastry shop that makes $0.50 profit per donut and $0.75 profit per bagel. Choice __ yields the largest profit.
Answer:
its B
Explanation:
if you take how much he makes per donut and per bagel and multiply it by the quantity of each it will give you a total and you just add both the donut total and the bagel total it will give you the final profit and you do that to all of them and see which one has the most money
Benson, incorporated manufactures a single product and uses the plantwide overhead rate method. the company's plantwide overhead rate is $25 per machine-hour (mh) used. their single product uses 10,000 mh, has direct material cost per unit of $10.96 and direct labor cost of $3.84 per unit. the total overhead cost is expected to be:
Benson Inc. employs the plantwide overhead rate technique and produces a single product. A total of $250,000 is anticipated for overhead expenses.
The sum of a company's indirect operating expenses is known as its total overhead costs. These expenses are required for the operation of the business even if they are not directly connected to the creation of a particular item or service. Rent, utilities, insurance, administrative salaries, and office supplies are a few examples of overhead expenses.
Total overhead cost = Predetermined overhead cost × Actual machine hours used
= $25 × 10,000
= $250,000
The direct materials and direct labor per unit will be used to compute the overall production cost per unit.
To learn more about overhead rate
https://brainly.com/question/29583640
#SPJ4
Sales in 2015 1400000 at December 31,2015, before adjusting entire account receivable 250000debit allowance for doubt full account 2400 credit 2% net sales will prove uncollectible, prepare the December 31,2015, journal entry to record bad debt expense.
Answer:
Dr Bad Debt Expense $28,000
Cr Allowance for Doubtful Accounts $28,000
Explanation:
Preparation of the December 31,2015, journal entry to record bad debt expense.
Based on the information given the December 31,2015, journal entry to record bad debt expense will be :
Dr Bad Debt Expense $28,000
Cr Allowance for Doubtful Accounts $28,000
($1,400,000 *2%)
(To record bad debt expense)
when the federal reserve conducts open market operations, it increases or decreases the required reserve ratio. buys or sells government bonds. manipulates of the rate at which it loans to member banks. buys and sells foreign currency.
When the Federal Reserve conducts open market operations, it buys or sells government bonds.
Open market operations are one of the primary tools used by the Federal Reserve to implement monetary policy. Through open market operations, the Federal Reserve buys or sells government bonds in the open market.
When the Federal Reserve wants to increase the money supply in the economy, it buys government bonds from banks and other financial institutions. This increases the reserves held by these institutions, providing them with more funds to lend out and thereby increasing the money supply.
Conversely, when the Federal Reserve wants to decrease the money supply, it sells government bonds to banks and other financial institutions. This reduces their reserves, leading to a decrease in available funds for lending and a contraction in the money supply.
Manipulating the required reserve ratio and the rate at which it loans to member banks are tools that the Federal Reserve uses to directly influence the banking system and money supply, but these actions are not specifically associated with open market operations.
The Federal Reserve does not typically engage in buying and selling foreign currency as part of its open market operations. Foreign exchange interventions are separate actions taken by central banks to influence exchange rates and manage currency fluctuations.
when the Federal Reserve conducts open market operations, it buys or sells government bonds to influence the money supply in the economy.
To know more about Federal Reserve, visit:
brainly.com/question/15105557
#SPJ11
what are the main functions of HR department
Answer:
Personnel administration.
Personnel recruitment and selection.
Compensation and incentive management.
Development of a positive work climate.
Employee performance evaluation.
Staff training and development.
Labour relations.
Occupational health and safety.
Explanation:
The functions of a human resources Department are numerous and diverse, as this team is responsible for managing a company's human capital to meet the established business objectives. The personnel department is key in any company, from attracting and retaining talent to guaranteeing the interests and well-being of employees.
As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
In trading account freight belongs to which side debit or credit?
Answer:
Explanation:
In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation
Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.
Increase in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.
Sienna Rose received $3500 cash in graduation presents. She invests it in an account earning 3.35% interest compounded monthly. How long will it take for her money to grow to $5500?
It will take year(s) and month(s) for her money to grow to $5500.
(Type whole numbers.)
We are looking for the time in years and months, we know that it will take approximately 2 years and 7 months for Sienna Rose's money to grow to $5500.
To determine how long it will take for Sienna Rose's money to grow to $5500, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = Final amount ($5500)
P = Principal amount ($3500)
r = Annual interest rate (3.35% or 0.0335 as a decimal)
n = Number of times interest is compounded per year (monthly compounding, so n = 12)
t = Time in years
We need to solve for t. Rearranging the formula, we have:
t = (log(A/P)) / (n * log(1 + r/n))
Plugging in the values, we get:
t = (log(5500/3500)) / (12 * log(1 + 0.0335/12))
Calculating the value:
t ≈ 2.58 years
Learn more about Sienna Rose's here:
https://brainly.com/question/30788151
#SPJ11
How does a free enterprise economy provide opportunities for individuals?
A capitalist economy is a free-market system in which the pursuit of profit drives all trade and compels businesses to operate as effectively as possible in order to hold onto market share.
In capitalism, businesses are owned by private individuals, and these business owners recruit employees in exchange for wages or other compensation. In such an economy, the government has no responsibility for overseeing or assisting markets or businesses. Practically all of the economies in the world incorporate elements of both economic systems and are categorised as mixed economies; pure free-market economies and command economies only exist as theoretical ideas rather than as actual realities. For instance, the government establishes restrictions such as minimum wages and antitrust laws that must be followed, even if the United States permits businesses to regulate their prices and employees to bargain for greater earnings.
Learn more about economy here:
https://brainly.com/question/2421251
#SPJ4
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
adding value to products and services sold to consumers in households for their personal or family use is known as
Based on business and marketing relations, adding value to products and services sold to consumers in households for personal or family use is known as "Retailing."
This is because retailing is part of a business or marketing process that involves selling the products or commodities to final consumers.
Usually, retailing services involve the sales of products and services to add value to the final consumers.
For example, free delivery, making tomatoes and peppers into salsa, etc.
Hence, in this case, it is concluded that the correct answer is "Retailing."
Learn more here: https://brainly.com/question/23271875
Not including a warning label about choking hazards on the box of a new toy
is an example of a defect issue.
0
A. marketing
B. warranty
c. manufacturing
o
D. design
The warning label should inform customers of the risk and offer guidance on how to use the product safely. Thus, option A is correct.
What warning label about choking hazards in marketing?In the US, warning labeling laws must include everything from fall and strangling threats to suffocation hazards and small parts.
This manual provides a succinct explanation of the warning labeling regulations for children's products in the US.
Because of this, the American National Standards Institute mandates that warning labels on products provide the following information: Potential dangers and their seriousness.
Not all items need to carry warning labels, but those that could be harmful or pose a risk to consumers must.
Therefore, marketing is not including a warning label about choking hazards on the box of a new toy is an example of a defect issue.
Learn more about hazards here:
https://brainly.com/question/5016331
#SPJ2
Answer: MArketing would be the answer
Explanation: I just took the test
which critical thinking skill involves identification of client problems indicated by data?
The critical thinking skill that involves the identification of client problems indicated by data is problem recognition.
Problem recognition is a critical thinking skill that involves analyzing and interpreting data to identify underlying issues or challenges faced by clients or individuals. This skill requires the ability to gather relevant data, assess its significance, and draw conclusions about potential problems or areas of concern.
In the context of client problems, data can provide valuable insights into various aspects of a client's situation, such as their behaviors, patterns, or performance. By examining this data, critical thinkers can identify discrepancies, anomalies, or trends that may indicate underlying problems.
For example, in a business setting, critical thinkers may analyze sales data to identify declining revenues or customer complaints to pinpoint areas of improvement. In healthcare, analyzing patient data and medical records can help identify potential health issues or gaps in treatment.
Problem recognition through data analysis is an essential step in problem-solving and decision-making processes. It enables critical thinkers to accurately understand and define the problems at hand, which then allows for the development of effective strategies and solutions. By using data to identify client problems, critical thinkers can address issues more precisely and make informed decisions to meet clients' needs.
Learn more about problem recognition here:
https://brainly.com/question/31324315
#SPJ11
when you are reading and come to an unknown word what should you do first? a.look for clues in the text b. skip it and keep reading c.look it up in a dictnoiry d.ask the teacher what it means. make sure to have an explanation
Answer:
I sound it out
Explanation:
and the word is conjunction
Production possibilities frontiers can be used to illustrate scarcity, trade-offs, opportunity cost, efficiency, unemployment, technological advances, and economic growth.
a. true
b. false
Production possibilities frontiers can be used to illustrate scarcity, trade-offs, opportunity cost, efficiency, unemployment, technological advances, and economic growth.
The correct answer is "a. True."
In economics, a production possibilities frontier (PPF) depicts the different possibilities or combinations of two products that can be generated with a set amount of resources, a given technology, and a particular time period.PPFs serve as a useful tool for the study of economics because they illustrate the trade-offs and constraints imposed on decision-makers, which ultimately influence the choice of what to produce, how to produce, and for whom to produce.
An efficient PPF indicates that all resources are being used in the most effective way possible. An inefficient PPF, on the other hand, shows that resources are not being used to their full potential, indicating a loss of efficiency and output.An economy that is expanding and growing will exhibit an outward shift of its PPF, indicating that more goods and services can be produced with the same amount of resources and technology.A trade-off refers to the decision to give up something in exchange for something else. The opportunity cost of a decision is the value of the next best alternative forgone.
To know more about opportunity cost visit:
https://brainly.com/question/13036997
#SPJ11
___ utility adds value to goods by having them available where people want them?
i. spatial
ii. location specific
iii. place
iv. geographic
Place utility adds value to goods by having them available where people want them .
Option A is correct .
Time utility, By making things accessible when customers need them, intermediaries like retailers give them more time utility. By doing whatever action required to transfer ownership from one party to another, including offering credit, intermediaries increase the utility of possession.
Consumers place value on the location of stores where they buy goods. Instead of having to drive to a factory or warehouse where the goods are made or stored, stores make it simpler for customers to make purchases. Customers find what they require in a location that is conveniently situated close to their place of residence or employment.
To know more about Place utility visit :
https://brainly.com/question/29313185
#SPJ4
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
Read more about APR interest rates
https://brainly.com/question/14270693
#SPJ1
During 2013, Going, Going, Gone sold 100 hot air balloons for $4,000 each. The balloons carry a 5-year warranty for defects. Estimates indicate that repair costs will average 4% of the total selling price. The estimated warranty liability at the beginning of the year was $42,000. $11,000 in claims was actually incurred during the year to honor their warranty. What was the balance in the estimated warranty liability at the end of the year
Answer:
Value of addition into warranty during the current year = Total Selling price * 4%
= (100*$4000) * 4%
= $400,000 * 4%
= $16,000
Warranty liability balance Amount ($)
Opening $42,000
Add: Addition during the year $16,000
Less: Claims actually incurred $11,000
Closing balance $47,000
PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?
Answer:
What's the question? :) I'm an econ major btw.
Explanation:
02:55:5
Candace saved her query for her time cards. After running the query once, she found two more pay slips and
added them to the original data table. Which best describes what will happen?
She will be prompted with an error message saying she cannot modify queries multiple times.
The data will not show up in the new query and will need to be resaved.
She will need to design a new query that includes her new numbers.
When the query is run again, the data that meets the new criteria will be retrieved.
When Candace will need to design a new query that includes her new numbers to get the desired result. Hence, Option D is the correct statement.
What do you mean by query in SQL?A request for facts or statistics from a database desk or a mixture of tables. These facts can be generated as outcomes again via way of means of Structured Query Language (SQL) or as pictorials, graphs or complicated outcomes, for example, fashion analyses from facts-mining tools. This is called as query.
Hence, Option D is the correct statement.
learn more about queries here:
https://brainly.com/question/25694408
#SPJ1
which of the following statements regarding horizontal analysis is not true? a.each item on a current financial statement is compared to the same item on an earlier statement. b.it can be useful in interpreting the financial performance of a company. c.it can be useful in analyzing trends. d.each item on a financial statement is compared with a total amount from the same statement.
Option A is to compare each item on a current financial statement to the identical item on an older statement.
What exactly is horizontal analysis?Horizontal analysis is a type of financial analysis that is used to assess a company's performance through time. A corporation can better identify the direction of change in account balances and the magnitude of that change by comparing prior-period financial results with more recent financial records.Horizontal analysis is most beneficial when an entity has established itself, has excellent record-keeping capabilities, and has traceable bits of historical information that can be dug into for further information as needed. This form of analysis is more targeted to determining the value of what we are selling or acquiring.
To know about horizontal analysis visit:
https://brainly.com/question/14234253
#SPJ1
c. suppose a single buyer enters and takes over control of the industry. what is the monopsony equilibrium level of employment and wage?
The market labour supply curve determines the equilibrium market wage rate. The company will have to pay a $20 wage to hire 3 employees. As a result, the equilibrium wage is $20 and there are 3 hired workers.
The point where labour supply and demand converge is the equilibrium market wage rate. Up until the moment where the additional expense of hiring an employee equals the additional sales revenue from selling their output, employees are recruited. Any point where supply and demand converge in a market with perfect competition can serve as an illustration of the equilibrium wage. In a competitive market, supply and demand decide wages. A rise in supply or a fall in demand will raise the equilibrium wage. The equilibrium wage will decline if supply or demand fluctuates. When wages are high, workers prefer to work, and employers prefer to hire when wages are low. The salary and employment levels that are observed in the labour market are determined by labour market equilibrium, which "balances out" the competing desires of employers and workers.
Learn more about equilibrium wage here
https://brainly.com/question/19863612
#SPJ4