In a non-contestable market supplied by a single firm,
O none of these answers is correct
O the firm can make a profit both in the short run and in the long run
O the firm must make zero profit
O the firm can make a profit only in the short run
O the firm can make a profit only in the long run
Answers
The correct option is: O the firm can make a profit both in the short run and in the long run.
In a non-contestable market supplied by a single firm, the firm can make a profit both in the short run and in the long run.
In a non-contestable market supplied by a single firm, the firm can make a profit both in the short run and in the long run because there are no potential competitors that can enter the market and challenge its position. This lack of competition allows the firm to maintain control over pricing and enjoy economic profits. Since there are no immediate threats from new entrants or substitute products, the firm can continue to operate without facing intense competitive pressure.
In the short run, the firm may be able to earn above-normal profits due to its market power and lack of competition. However, in the long run, other firms may be discouraged from entering the market due to barriers to entry or other factors, allowing the existing firm to maintain its dominant position and continue earning profits.
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Related Questions
who do yall want president let me know i choose biden..
Answers
Answer:
TRUMP MAKE AMERICA GREAT AGAIN !!!!!!!!!
Explanation:
time is limited i have 2 minuets on this
The best time to visit a college campus is:
A) during spring break.
B) Monday through Thursday.
C) over the summer.
D) on any Friday.
Answers
Explanation: looking it up it says “later summer early September”
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Answers
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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The process by which invest on margin accounts are credited or debited to reflect daily trading gains or losses is referred to as the ____ process.
Answers
Answer:
marked to market
Explanation:
have a nice day
1. Despite the expense, why might a business choose to mail a catalog?
Answers
Answer:
Catalogs can promote a business's brand by displaying them in high-traffic areas and distributing them in stores. Customers often have an idea of what they want to buy after looking through a catalog. But, they'll likely find other items they want to buy when they go online or to a brick-and-mortar store to order.
what are 2 reasons a business should have a code of ethics???
FIRST ANSWER GETS BRAINLIEST
Answers
Answer: Having good ethics should be just as important as any other business characteristic; the importance of good ethics should be seen in much the same way the business community has recognised the importance of a good company culture on the success of a business.
Explanation: I think
What is the main advantage of the allowance method of handling
uncollectable accounts over the direct method?
A. The allowance method requires fewer journal entries.
B. The allowance method uses estimates instead of actual
expenses.
C. The direct method allows customers to default on their accounts.
D. The allowance method expenses losses in the same period
revenue is recorded.
Answers
Answer:
hope this helps
Explanation:
d The allowance method expenses losses in the same period
revenue is recorded.
a In a short response of 3-5 sentences, identify a common time-management pitfall that
you have personally experienced or are personally experiencing. Describe what time
management strategies you used to overcome that pitfall or how you will overcome the
"pitfall in the future."
Answers
Note that Procrastination is my pitfall. To overcome it, I set specific deadlines for tasks, break large projects into smaller ones and prioritize them, and use reminders to stay on track. I also try to minimize distractions while working.
What is Procrastination?Procrastination is the deliberate and unnecessary delay or postponement of something while knowing that doing so would result in negative repercussions.
It is caused by a variety of factors, including poor self-esteem, worry, a lack of organization, and, simply, an inability to inspire oneself to do unpleasant chores.
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A news headline reads, "Time for change: let free market forces determine the money supply." Which statement offers a valid claim in direct opposition to this headline?
Congress is essential to a stable money supply, as it controls fiscal policy and the federal budget.
Congress should lose its role in fiscal policy, as it often fails to control the money supply.
The Fed should be controlled by the people, as money supply changes should be publicly voted upon.
The Fed is essential to a stable economy, as an unregulated money supply can spike inflation.
Answers
Option C. The solution that would tell us the valid claim based on the money supply in the economy is that The Fed should be controlled by the people, as money supply changes should be publicly voted upon.
What is money supply?The total amount of money—cash, coins, and balances in bank accounts—in circulation is known as the money supply. The money supply is typically understood as a collection of secure assets that individuals, businesses, and governments can use to make payments or hold as short-term investments.
The term "money supply" refers to both the population's access to and the amount of money that can be used in a nation's economy. Bank-held demand deposits and currency are the two halves of the supply of money. Coins and paper money are the two forms of currency that are produced.
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Answer:
The Fed is essential to a stable economy, as an unregulated money supply can spike inflation.
Explanation:
just took the test
Hugh is interested in making a lot of money. He is a very good salesperson. People tell him he could sell sand in Saudi Arabia! He is also a very hard worker, and is willing to work a lot of hours to make the kind of money he wants. Hugh should most likely look for the kind of job that is paid
Answers
The type of Job that Hugh has to look for should be the one that can pay him by commission.
What is a commission?This is the money that a person is paid after they have brokered a deal. The commission is the money.
This is the service charge that Hugh is going to charge to his clients whenever he helps them.
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if discrimination confines certain groups to lower-paying jobs, then the supply of workers for those jobs will
Answers
If discrimination confines certain groups to lower-paying jobs, then the supply of workers for those jobs will likely increase.
If discrimination confines certain groups to lower-paying jobs, then the supply of workers for those jobs will likely increase. Discrimination can create barriers and limit opportunities for marginalized groups, leading to a higher concentration of individuals from these groups in lower-paying jobs. As a result, there may be a larger pool of available workers for these positions compared to higher-paying jobs. This increased supply of workers can contribute to a continued cycle of lower wages and limited upward mobility for those affected by discrimination. It is important to address and eliminate discrimination to ensure equal opportunities and fair compensation for all individuals, regardless of their background or identity.
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Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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_____ are instances in which a customer connects with a service provider or some other aspect of an organization.
Answers
Contact points are instances in which the customer connects with a service provider or some other aspect of an organization.
Which technique makes reference to turning a losing unit profitable?A turnaround is a reorganisation process that makes the losing firm profitable. The industrial unit is returned to its former place, and performance is stabilised.
Which of the following kind of strategy is referred to as a "growth strategy"?These tactics are referred to as product development, market development, market penetration, and diversification. Market Penetration: This growth strategy is increasing the amount of goods or services a business sells to its present clientele.
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Completing the Free Application for Federal Student Aid (FAFSA) application
can:
OA. point you toward many different forms of financial aid.
B. identify your future earnings.
C. identify relevant career paths for you.
O
O
D. guarantee that you will get a loan to meet your financial needs.
Answers
Answer: A
Explanation: FAFSA is used to show the government various things about your life and income so they can see what scholarships/grants/aid can be given to you!
The Free Application for Federal Student Aid (FAFSA) application can point you toward many different forms of financial aid. The correct option is (A).
What do you mean by Free Application for Federal Student Aid?The official application for federal financial help to cover college costs is the Free Application for Federal Student Aid, or FAFSA. Many states, certain colleges, and universities also use it when deciding who gets financial help.
According to the data gathered from the application, the FAFSA specifically decides who will receive aid in the form of loans, scholarships, and grants.
Information from the FAFSA is also used by states, certain colleges and institutions, and private scholarship programmed to determine financial aid choices.
All of these types of aid are accessible through the FAFSA, which is handled by the Office of Federal Student Aid.
Therefore, the Free Application for Federal Student Aid (FAFSA) application can point you toward many different forms of financial aid.
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What Is NOT one of the three primary resources that farnilies have to reach financlal goals?
A.Education
B.Energy
C.Time
D.Money
Answers
Answer:
I think it would be education
Explanation:
Answer: A. Education
Explanation:
Acme, Inc. had net income of $120,000 in its 1st year and net income of $126,000 in its 2nd year. The percentage increase in net income was ______.
Answers
Answer: 5% increase in net income.
Acme, Inc. had a net income of $120,000 in its 1st year and a net income of $126,000 in its 2nd year. The percentage increase in net income was 5%.
What is net income?Net Income = Total Revenue — Total Expenses.
Net income, also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales, in the context of business and accounting refers to an entity's income less cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a given accounting period. It has also been described as the net growth in shareholders' equity that arises from a company's activities.
It is calculated as the residual of all revenues and gains less all costs and losses for the period. Contrary to gross income, which merely deducts the cost of products sold from revenue, this is not the same thing. If you are paid a salary, the annual salary you get from your company equals your yearly gross revenue.
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Suppose that instead of leasing the Accord, Nigel decides to buy the Honda Accord for $22,180. Would this contract need to be in writing to be enforceable?
Answers
L
Answer:
yes, pursuant to UCC, Section 2-201
Explanation:
Statute of frauds is a provision that requires certain transactions be in writing. This is usually based on the amount involved in the transaction.
In the given scenario according Section 2-201 of the UCC a contract that is above $500 should not be entered unless there is a written contract.
An oral contract won't suffice In this case.
Which of these would be most likely to be included in CPI
Answers
Answer:
Frozen Pizzas
Explanation:
Info from the video:
"To calculate this index, the US Bureau of Labor Statistics uses a predetermined fixed basket of goods and services and averaging them together. The goods and services in this basket are developed from a survey of expenditures provided by individuals and families in a typical urban household."
Frozen pizza is an expenditure that could be bought by individuals and families in a household.
When positive externalities exist, demand curves fail to reflect the willingness to pay of the people who receive the positive externality, resulting in products being
Answers
When positive externalities exist, demand curves fail to reflect the willingness to pay of the people who receive the positive externality, resulting in products being **underproduced**.
Positive externalities occur when the consumption or production of a good or service generates benefits to individuals or society beyond the immediate buyers and sellers.
These external benefits are not captured by the market and are not reflected in the demand curve, which only represents the private benefit of consumers.
Since the demand curve does not account for the positive externality, the quantity of the good or service produced and consumed in the market may be lower than the socially optimal level. This is because the market fails to account for the full value or benefit that the good or service provides to society.
To address this underproduction, government intervention or policy measures such as subsidies, grants, or regulations may be implemented to incentivize or encourage the production and consumption of goods with positive externalities. These measures aim to align the private market outcome with the socially optimal outcome, taking into account the full societal benefits of the positive externality.
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agency relationships come about by voluntary consent and agreement of the parties—consideration is required, and the agreement must be in writing. T/F
Answers
False. While agency relationships do come about by voluntary consent and agreement of the parties, consideration is not always required and the agreement does not always have to be in writing.
Unenforceable agency relationships include those that were established with the intention of breaking the law or in violation of public policy. Although consideration is not always necessary and an agreement does not always have to be in writing, agency relationships can be established by the parties' voluntary assent and agreement. However, in order to be enforceable, some agency partnerships, such as those involving the sale of real estate or those that will continue for longer than a year, may call for a written agreement. the relevant jurisdiction's particular conditions and legal requirements.
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What is your expected value for a game if your probability of winning is 1/5 and your profit is three times your wager?.
Answers
In probability theory, expected value is a numerical measure of the likelihood of a random variable that takes different values under different circumstances. The expected value, also known as the expectation, is the mean value of a random variable, and it can be used to determine the risk and reward of a specific outcome.
Given that the probability of winning is 1/5, then the probability of losing is 4/5, and the profit is three times the wager. Therefore, the expected value of the game can be computed using the formula:
E(X) = P(X1) x W(X1) + P(X2) x W(X2) + ... + P(Xn) x W(Xn)
where E(X) is the expected value, P(X) is the probability of a particular outcome, and W(X) is the profit or loss of that outcome.
In this case, the expected value of the game can be calculated as follows:
E(X) = (1/5) x (3) + (4/5) x (-1) = 3/5 - 4/5 = -1/5
Therefore, the expected value of the game is -1/5, which means that for every $1 wagered, you can expect to lose 20 cents.
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Tony and tim are shareholders of a closely held corporation that engages in illegal activity. they mixed business and corporate assets regularly. do tony and tim have limited liability?
Answers
No, Tony and Tim may not have limited liability in this case.
Limited liability is a key benefit of operating a corporation, as it protects shareholders from personal liability for the debts and obligations of the corporation. However, there are situations where limited liability may not apply, such as when shareholders engage in illegal activities or commingle business and personal assets.
In this case, Tony and Tim are shareholders of a closely held corporation that engages in illegal activity and regularly mixes business and corporate assets. Engaging in illegal activities violates the law and can lead to personal liability, even if the shareholders are part of a corporation.
Additionally, when shareholders mix personal assets with corporate assets, it can blur the line between the individual and the corporation, potentially exposing the shareholders to personal liability. This practice is known as "piercing the corporate veil."
If a court determines that Tony and Tim were using the corporation as an alter ego or for personal gain, they may be held personally liable for the debts and obligations of the corporation. This means that their liability would not be limited to the amount of their investment in the corporation, and they could be responsible for the corporation's financial losses.
In summary, engaging in illegal activity and regularly mixing business and personal assets can undermine the limited liability protection typically afforded to shareholders of a corporation. Tony and Tim may be personally liable for the corporation's actions in this case.
Tagging:
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Say you are considering two loans. Loan F has a nominal interest rate of 5. 66%, compounded monthly. Loan G has a rate of 6. 02%, compounded semiannually. Which loan will give the lower effective interest rate, and how much lower will it be? a. Loan G’s effective rate will be 0. 091 percentage points lower than Loan F’s. B. Loan G’s effective rate will be 0. 058 percentage points lower than Loan F’s. C. Loan F’s effective rate will be 0. 302 percentage points lower than Loan G’s. D. Loan F’s effective rate will be 0. 149 percentage points lower than Loan G’s.
Answers
When the effects and impacts of compounding over time are taken into account, the effective annual interest rate is the true return on a savings account or any other interest-paying investment.
Option C is the correct answer: Loan F's effective rate will be 0.302 percentage points lower than Loan G's.
GivenThe interest rate on loan F is 5.66 percent per month, compounded.
The interest rate on loan G is 6.02 percent, compounded semi-annually.
Computations of effective rates\(\text{Effective rate for loan F}:\\\\r = 1+\frac{0.0566}{12}^{12} - 1 \\\\\n=12\\\\\\text{or}\\\\\r=0.0580916\\\\\\\text{Effective rate for loan G}\\\\r = 1+\frac{0.0602}{12}^{2} - 1 \\\\\\n = 2\\\text{or}\\\\\r=0.0611106\\\\\\\text{ The difference between the loans for G and F}:\\\\=0.061106-0.058091\\\\=0.00302\\\\\text{or}\\\\=0.00302 \text{ x } 100\\\\=0.302 \text{percent}\)
Therefore, option c is the correct answer.
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An initial deposit of $5000 is put into an account that earns 4% interest, compounded annually. Each year, an additional deposit of $5000 is added to the account. What is the value of the account after the tenth deposit if no withdrawals or additional deposits are made
Answers
Answer:
$60,030.54
Explanation:
Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.
Answers
Answer:
Option B !!!!! :))
Explanation:
You've been meaning to fix those rotted boards on your porch for years. Finally, last week the deck gave way. The replacement will cost you $3,000. Will you be able to recover the cost of replacement (less your deductible) from your homeowner's insurance?
Answers
We will not be able to recover the cost of replacement (less deductible) from the homeowner's insurance policy.
What is homeowner's insurance?This is an insurance that provide cover on the insured's home's structure and belongings in the event of a destructive event such as a fire, storm, hurricane, lighting, flood etc
A natural destruction resulting from a wear and tear is not covered under the homeowner's insurance.
Therefore, you will not be able to recover the cost of replacement from the homeowner's insurance policy.
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When a corporation completes a 2-for-1 stock split
Answers
When a corporation completes a 2-for-1 stock split, it means that the company has increased the number of outstanding shares by issuing new shares to current shareholders at a ratio of 2-for-1.
The primary reason a corporation may choose to complete a 2-for-1 stock split is to increase liquidity in the market and make the shares more affordable to individual investors. By reducing the price per share, the company may attract more investors and increase the demand for its shares.
However, a 2-for-1 stock split does not change the underlying value of the company or the total value of the shares held by shareholders. For example, if a shareholder owned 100 shares valued at $100 per share prior to the split, after the split they would own 200 shares valued at $50 per share. The total value of their shares would still be $10,000.
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The rate of interest agreed upon contractually charged by a lender or promised by a borrower is the ________ interest rate.
Answers
The rate of interest agreed upon contractually charged by a lender or promised by a borrower is the contractual interest rate.
The contractual interest rate refers to the specific rate of interest that is mutually agreed upon between the lender and the borrower in a loan or credit agreement. This rate is outlined in the terms and conditions of the contract and is legally binding for both parties.
For example, if a borrower agrees to a loan with a contractual interest rate of 5%, it means that they have agreed to pay interest on the loan amount at a rate of 5% per year. Similarly, if a lender promises a borrower a certain interest rate on their investment, that promised rate becomes the contractual interest rate for the borrower.
It's important to note that the contractual interest rate may differ from other interest rates such as the market interest rate or the annual percentage rate (APR), which may include additional fees and charges associated with the loan. The contractual interest rate specifically refers to the interest rate agreed upon in the contract itself.
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Vhich of these is an example of a conceptual skill?
O A. Managing a customer complaint
B. Operating office machinery
C. Understanding how promotion will support the company
D. Completing monthly invoices
Answers
Answer:
C
Explanation:
Understanding how promotion will support the company: is based on the mental thinking of the person and not based on what he/she was taught.
An example of a conceptual skill is Understanding how the promotion will support the company. Thus the correct option is C.
What are skills?Skills are referred to as unique qualities, traits, abilities, and talents an individual carries which differentiate them from others and help them to gain a competitive advantage over others to achieve the goals of life.
The ability to see an organization's whole image falls under the category of conceptual skills. For those who hold administrative positions and are responsible for making decisions for the organization, conceptual skills are especially crucial.
Understanding how the promotion will support the company is an example of conceptual skills giving an image in a broader sense which symbolizes the traits of conceptual skills that helps managers to make decisions.
Therefore, option C is appropriate.
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The Leontief paradox questioned the validity of the theory of:
Answers
The Leontief paradox questioned the validity of the theory of Heckscher-Ohlin theory in international trade.
The Leontief paradox is a phenomenon in international trade that challenges the predictions of the Heckscher-Ohlin theory. The Heckscher-Ohlin theory suggests that countries will export goods that require abundant factors of production and import goods that require scarce factors of production. However, the Leontief paradox found that the United States, a capital-abundant country, was exporting goods that were labor-intensive and importing goods that were capital-intensive. This contradicted the predictions of the theory and raised questions about its validity.
The paradox was discovered by Wassily Leontief, a Russian-American economist, in the 1950s. Leontief analyzed the input-output tables of the United States and found that the country's exports had a lower capital-to-labor ratio compared to its imports. This meant that the United States was exporting goods that required more labor relative to capital and importing goods that required more capital relative to labor.
The Leontief paradox challenged the assumptions of the Heckscher-Ohlin theory and led to further research and development of new trade theories. It highlighted the complexities of international trade and the limitations of simple models in explaining real-world trade patterns.
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The Leontief paradox questioned the validity of the theory of Hecksher Ohlin.
The Heckscher-Ohlin theory is put to the test by the Leontief paradox, a phenomenon in global commerce. According to the Heckscher-Ohlin hypothesis, nations will export commodities that need an abundance of manufacturing inputs and import those that require a shortage of those inputs.
However, the Leontief paradox revealed that the United States, a nation with a lot of capital, was importing capital-intensive commodities and exporting labor-intensive goods. This went against the theory's predictions and cast doubt on its viability. An economist who is Russian-American named Wassily Leontief found the paradox in the 1950s. When Leontief examined the input-output figures for the US, he discovered that the capital-to-labor ratio of the exports was lower than that of the imports.
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