The profits for this monopoly are economic profits. Economic profits represent the total revenue minus both explicit and implicit costs, including opportunity costs.
In the long run, economic profits for a monopoly are expected to be positive.
Monopolies have the ability to earn above-normal profits in the long run due to their market power and limited competition. This allows them to set prices higher than their average costs and generate positive economic profits. Therefore, the correct answer is Option O positive.
A monopoly refers to a market structure in which a single firm or entity has exclusive control over the supply of a particular product or service. It is characterized by the absence of competition, as the monopolistic firm holds significant market power and faces no direct rivals.
In a monopoly, the firm has the ability to set prices and output levels, allowing it to maximize its profits. Since there is no competition, the monopolistic firm can potentially charge higher prices and restrict the quantity supplied in order to maximize its economic profits.
However, monopolies can also be subject to government regulations and antitrust laws to prevent the abuse of market power and protect consumer welfare. In some cases, monopolies may be regulated or broken up to promote competition and prevent market inefficiencies.
Overall, monopolies have a significant impact on market dynamics, pricing, and consumer choices due to their exclusive control over a specific market.
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anyone please i need a h.w for business and its about the chocolate m&m and i have to one of the factor of production which is labor
M & M is an American brand of button-shaped chocolates available in a variety of colors.
About M & M ?An American company called M & M produces button-shaped chocolates in a range of hues. The chocolate was originally only little buttons, but now it also comes in peanut-filled varieties. There were also new flavors of peanut butter, almond, crispy pretzel, dark chocolate, etc. Since its introduction in the US in 2003, M & M has been sold in about 100 different nations.
The design of the candy allowed for a hard, multicolored surface and firm chocolate inside. Different hues make up the hard coating, some of which have evolved over time. The design was created so that soldiers could transport it without worrying about melting it.
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Business
12 questions please help!!
Answer:
Fill in the blanks
Explanation:
Answer: 1. Unsecured loans 2. Business credit card 3. Unsecured loan 4. Small Business Investment Companies 5. Reserve Fund 6. Routine 7. Operating costs 8. Secured loan 9. Commercial Debt Financing 10. Small Business Administration 11. Sound 12. Venture Capital Firm
Explanation:
Can I earn by brainly?
Answer:
huh?
Explanation:
How to address an envelope to a person at a company.
Answer:
the first line should be the company's name. In the next line, follow "ATTN:" or "c/o" with the individual's name.
Explanation:
f the letter is not to someone at a specific business, the first line should simply be their name.
How important is money
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.
Which of the following will be accomplished by efficient allocations of the factors of production?
guaranteeing economic success
understanding whether a product will fail
fulfilling many needs and wants of society
replenishment of limited resources
Answer:C
Explanation: Just took the test:)
What will be accomplished by efficient allocations of the factors of production is fulfilling many needs and wants of society
What are factors of production?factors of production can be regarded as those factor that make production possible such as capital and land.
Therefore, fulfilling many needs and wants of society is one of beauty of production.
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Click this link to read about careers as Coaches and Scouts. What are some common characteristics of work environments? Select three options. infrequent interaction with others frequent travel exposure to weather dangerous conditions irregular hours
Some common characteristics of work environments of Coaches and Scouts are:
frequent travel exposure to weather irregular hoursAthletes, whether amateur or professional, are taught by coaches the skills necessary to excel in their sport. Athletes are assessed by scouts as potential recruits.
It's typical for coaches and scouts to work part-time. During the sporting season, full-time coaches may put in more than 40 hours per week for several months. Coaches and scouts may have erratic work schedules that include evenings, weekends, and holidays. They might have to move around a lot.
A bachelor's degree is often required for coaches and scouts. Nevertheless, the minimum level of education required might range from having no formal schooling to having a bachelor's or higher degree. These employees also require in-depth expertise in the sport. Usually, coaches learn this information from their own experiences participating in the sport at some level. Having played before, nevertheless, may be advantageous.
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Complete question:
Click this link to read about careers as Coaches and Scouts. What are some common characteristics of work environments? Select three options.
infrequent interaction with others frequent travel exposure to weather dangerous conditions irregular hoursIf the approximate market value for of a $1,000 corporate bond is $1,200 and it pays 6 percent interest, then what are comparable bonds paying?
The comparable bonds pay a 5% interest rate when the approximate market value of a $1,000 corporate bond is $1,200 and it pays 6 percent interest.
What are bonds?A bond is a type of financial security in which the issuer owes the holder debt and is obligated depending on the terms to repay the principal of the bond as well as interest over a specified period of time.
Given that,
Approximate market value of $1,000 is $1,200
Interest rate is 6%
\(\rm\,Annual \; Interest = (face \; value)\times Interest \; rate\\ \rm\,Annual \;Interest = 1,000 \times 6\%\\ \rm\,Annual \;Interest = 60\\\\Calculation of comparable bond interest rate:\\\\Approximate \;bond \;value = \frac{Annual\; interest}{Comparable \;interest\; rate} \\\\1200 =\frac{60}{Comparable\; Interest \;Rate} \\\\Comparable\; Interest\; Rate = 5\%\)
Hence, the comparable bonds pay a 5% interest rate.
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Which of the following is an example of a foreign direct investment (FDI)?
1. A company in the United States sells payroll software to companies in Western Europe.
2. Continental Wire Company buys real estate in New Zealand to build a new factory.
3. An appliance manufacturer hires a new regional sales manager to serve countries in Latin America.
4. A US medical supply company and a hospital in Greece join forces to create a new business.
An example of a foreign direct investment is when Continental Wire Company buys real estate in New Zealand to build a new factory. Option 2.
What is foreign direct investment about?Companies or governments considering foreign direct investment (FDI) generally look for target firms or projects in open economies with a skilled workforce and above-average growth prospects. Fairer government regulation is also valued. FDI is frequently more than just capital investment.
Management, technology, and equipment may also be provided as part of the investment. Foreign direct investment has the important feature of establishing effective control of the foreign business or at least significant influence over its decision making.
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Shampooch has built up an excellent reputation in its local area. During busy periods, customers have to book appointments at least two weeks in advance. As a result, the owners are considering increasing the selling price from £28 to £30 for a full groom, wash, cut and blow dry. Activity: Assuming 110 dogs are groomed per month, calculate:
a) the monthly sales revenue if the selling price remains at £28 per dog
b) the monthly sales revenue if the selling price is increased to £30 per dog
c) the change in monthly sales revenue if the business increases its prices from £28 to £30 per dog
To calculate the monthly sales revenue and the change in monthly sales revenue, we can use the formula: Sales Revenue = Selling Price × Quantity.
a) The monthly sales revenue if the selling price remains at £28 per dog is:
Sales Revenue = £28 × 110 = £3080
b) The monthly sales revenue if the selling price is increased to £30 per dog is:
Sales Revenue = £30 × 110 = £3300
c) The change in monthly sales revenue if the business increases its prices from £28 to £30 per dog is:
Change in Sales Revenue = £3300 - £3080 = £220
Therefore, the monthly sales revenue if the selling price remains at £28 per dog is £3080, the monthly sales revenue if the selling price is increased to £30 per dog is £3300, and the change in monthly sales revenue if the business increases its prices from £28 to £30 per dog is £220.
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Disadvantages of canteen
The quality of the food is another drawback of an office canteen.
The required details for canteen in given paragraph
Having a cooked lunch is a luxury for many employees, but as it becomes more commonplace, many may choose the tastier options instead of giving their food much care. Unhealthy selections start to dominate and, if routinely consumed, will result in future issues. For kids who may feel overwhelmed by their newfound freedom to choose what they eat for lunch, having too many food options can result in making bad eating decisions.
Despite the fact that parents frequently have little knowledge of the foods their children choose, they are the ones who load money onto their pupils' lunch cards.
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A toy company no longer selling a bicycle with a faulty part is using which risk management
strategy?
A. Avoiding risk
B. Accepting risk
C. Sharing Risk
D. Reducing risk
Answer:
This is an example of A. Avoiding risk
Explanation:
The answer is A because by not selling the bike with the faulty part, they are AVOIDING injuring the people who purchase their bikes.
Which interest rate will earn the largest return on $1,000?
A. Simple interest at 5 percent
B. Simple interest at 3 percent
C. Compound interest at 3 percent
D. Compound interest at 5 percent
Answer: A
Explanation:
The new growth theory differs from the grot theory developed by Robert Solos;; since A. the Solow growth theory says that the rate of technological change is influenced by how individuals and firms respond to economic incentives, whereas the new growth theory leaves technological change unexplained. B. the Solow growth theory focuses on technological change and the quantity of capital available to workers whereas the new growth theory states that accumulation of knowledge capital is a key determinant of economic growth. C. the new growth theory focuses on technological change and the quantity of capital available to workers whereas the Solow growth theory states that accumulation of knowledge capital is a key determinant of economic growth. D. the new growth theory says that physical capital is nonrival and nonexcludable and the Solow growth theory states that knowledge capital is nonrival and nonexcludable and is a key determinant of economic growth.
The new growth theory differs from the Solow growth theory developed by Robert Solow, since the Solow growth theory says that the rate of technological change is influenced by how individuals and firms respond to economic incentives, whereas the new growth theory leaves technological change unexplained.
Thus, option A is correct.
What is the Solow growth theory?The Solow growth theory is an economic model that was developed by Robert Solow. It is a model of economic growth that analyzes changes in output per capita in the long run.
Solow growth theory aims to explain how capital accumulation, population growth, and technological progress interact with each other to influence the long-term growth rate of an economy.
What is the New Growth Theory?The New Growth Theory is an economic concept that focuses on the role of technology in driving economic growth and increasing returns to scale. It proposes that the accumulation of knowledge capital is the key determinant of economic growth. In other words, the New Growth Theory suggests that technological progress leads to increasing returns, which leads to more growth.
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1. Universal, Inc. , a manufacturer of space suits, entered into a contract with the Taylor family, who owned the Vancouver Penguins, a minor league baseball team. Universal rented space in the center field electronic sign. The terms of the contract gave Universal the right to change the wording of the sign, and the ball club had two days to install the new sign. Initially, the sign indicated that Universal would pay $2,000 to any player who was able to steal two bases in one game. Two weeks after the sign was posted, Tony Anderson managed to steal two bases in one game. At the conclusion of the game, Universal requested that the sign be changed to indicate that $3,000 would be paid to any player who managed to hit a triple. A week later, the original sign was still in place. In the game that took place that day, Ben Miller stole two basis and Doug McKenzie hit a triple. Universal will not pay Anderson, Miller, and McKenzie. What rights do each player have
Tony Anderson has a valid claim for the $2,000 reward, while Ben Miller and Doug McKenzie do not have a right to receive any payment as the sign had not been updated to reflect the revised terms at the time of their achievements.
In this scenario, Universal, Inc., a manufacturer of space suits, entered into a contract with the Taylor family, owners of the Vancouver Penguins minor league baseball team. Universal rented space on an electronic sign in the center field and had the right to change the wording of the sign. Initially, the sign offered a reward of $2,000 for any player who stole two bases in a game. Two weeks later, Tony Anderson achieved this feat. However, Universal requested to change the sign to offer $3,000 for hitting a triple, which was not done by the time of the game. In that game, Ben Miller stole two bases, and Doug McKenzie hit a triple. Universal refuses to pay any of the players.
Tony Anderson, who stole two bases in a game after the sign was initially posted, has a right to receive the $2,000 reward. The contract between Universal and the Taylor family did not state that Universal had the right to retroactively change the terms of the sign. Therefore, Anderson fulfilled the requirements as stated on the sign at the time of his achievement.
On the other hand, Ben Miller and Doug McKenzie do not have a right to receive the reward. Although Ben Miller stole two bases, the sign had not been updated to reflect the new reward for hitting a triple at the time of his achievement. Similarly, Doug McKenzie hit a triple, but since the sign had not been changed, he also does not qualify for the reward.
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What is the difference between adjustment refusal and other refusals
Answer:
Your company most likely has clear, reasonable guidelines regarding what is a legitimate reason for adjustment, while other refusal messages may deal with a variety of issues that are less clearly defined.
what is the value today of $3,300 per year, at a discount rate of 8 percent, if the first payment is received 7 years from today and the last payment is received 25 years from today
The present value of the annuity is $41,938.18.
The present value of an annuity is the sum of all future payments discounted back to the present day. In this case, the present value of the annuity of $3,300 per year for a period of 18 years (from 7 years from today to 25 years from today) at a discount rate of 8% is $41,938.18.
This means that if the payments were received today, the total sum would be $41,938.18.
In conclusion, the present value of a $3,300 annuity to be paid annually over 18 years, starting 7 years from today and ending 25 years from today, is $41,938.18 at a discount rate of 8%.
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Suppose there are 1000 firms in a market and all are identical. Firm A will hire 20 workers when the wage rate is $10, 25 workers when the wage rate is $9, and 30 workers when the wage rate is $8. The equilibrium wage rate for a number of years has been $9. If the wage rate falls to $8, we know that
Answer:
d. the quantity demanded for the market will increase to less than 30,000 workers.
Explanation:
Missing options:
a. the quantity demanded for the market will increase to 30,000 workers. b. the quantity demanded for the market will increase to more than 30,000 workers. c. the quantity demanded for the market will increase, but we can't tell which of the above answers is correct. d. the quantity demanded for the market will increase to less than 30,000 workers.maximum total demand for labor = 30 (at $8) x 1,000 firms = 30,000 workers, but since the equilibrium rate had been $9 for many years, some workers have already been hired at $9, and it is usually very difficult to lower someone's wage once they have been working. Even thought the quantity demanded will increase, it will probably not be able to reach 30,000 workers.
FILL THE BLANK.
known deposits from which oil can be extracted profitably at current prices using current technology are called ____. *
Known deposits from which oil can be extracted profitably at current prices using current technology are called economically viable reserves
Economically viable reserves refer to oil deposits that can be extracted and produced at a profit using existing technology and current market prices. These reserves have been identified and evaluated to determine their commercial viability.The profitability of extracting oil from a particular deposit depends on several factors, including the cost of exploration, drilling, and production, as well as the prevailing market prices for oil. If the costs associated with extracting oil from a deposit exceed the potential revenue generated from selling the oil at current prices, it would not be considered economically viable.
Companies and experts in the oil industry conduct detailed assessments and analysis to determine the economic feasibility of oil reserves. This involves evaluating factors such as the size of the deposit, the quality and type of oil present, the geology and technical challenges associated with extraction, and the overall economic conditions affecting the oil market.
In conclusion, economically viable reserves are oil deposits that can be extracted and produced at a profit using existing technology and current market prices. These reserves play a crucial role in the decision-making processes of oil exploration and production companies.
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Which examples demonstrate common qualifications for Security and Protective Services careers? Check all that apply.
Brooke negotiates with the prison inmates she supervises.
Ami is comfortable working alone and making decisions in her work as a Private Detective.
Reed thinks of creative solutions for defending a client in court.
Vincenzo attends college for many years and earns a juris doctor degree.
Shameka watches for unusual activities and signs of danger as she guards a bank building.
Teddy is a Lifeguard who uses his strength to pull a person out of the water.
Answer:
2,5,6
Explanation:
Ami,shameka,teddy
Answer:
2,5,6
Explanation:
How does a command economy differ from a mixed market economy?
A. In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
B. In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
C. In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property.
D. In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property
Answer:
A mixed economy is partly run by the government and partly as a free market economy, which is an economic system that includes no government intervention and is mainly driven by the law of supply and demand . A command economy is an economic system where the government has control over the production and pricing of goods and services.
Explanation:
After income tax is paid by a
corporation, what percentage of
the remaining profit is paid as the
dividend tax?
A. 30%
C. 15%
B. 5%
D. 10%
Answer:
option C
Explanation:
the general rate of dividend is 15%
a family takes out a 30-year mortgage loan to purchase a house, and will repay the loan over the next 30 years. this loan is .
A family takes out a 30-year mortgage loan to purchase a house, and this loan is a long-term financial commitment that allows the family to gradually repay the borrowed amount over the next 30 years, eventually becoming the full owners of the house.
The loan that the family takes out to purchase their house is a 30-year mortgage loan. They will be making regular payments over the next three decades to repay the loan in full.
This loan is a significant financial commitment for the family, but it also provides them with the opportunity to own their own home and create a stable foundation for their family's future.
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What is the most important characteristics in oligopoly market?
High entry barriers, the capacity to determine prices, company interdependence, revenue maximization, brand image, and non-price competition.
Define Revenue :Revenue is the total sum of funds received out from sale of goods or services essential to a company's primary activities. Because it appears somewhere at top of the revenue statement, revenue, which is also know as total profits, is sometimes referred to as a "top line." A company's overall profits or profit are referred to as income, or net income.
What does a business's revenue mean?The total profit generated by an organization's main operations, such as for the sale of products or services, the renting of real estate, part depends, the loan interest, etc., is referred to as revenue.
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he outsourcing or restructuring of labor from more developed countries to less developed countries to take advantage of cheaper labor costs is described by what term?
The outsourcing or restructuring of labor from more developed countries to less developed countries to take advantage of cheaper labor costs is commonly known as "offshoring."
Offshoring involves relocating business processes or services, such as manufacturing or call center operations, to countries where labor is less expensive. This allows companies to reduce costs and improve profitability.
Offshoring has become increasingly common in recent decades, particularly in the technology, manufacturing, and service industries. However, offshoring can also have negative effects on domestic job markets and economies, leading to debates over the pros and cons of this practice.
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List at least one discretionary expense listed on the bank statement or check register
Answer:
overdraft fees
not 100% sure, but hope that helps
Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
How would you classify your family’s overall financial situation?
◻ No savings and significant debt.
◻ No savings and some debt.
◻ No savings and little to no debt.
◻ Some savings and significant debt.
◻ Some savings and some debt.
◻ Some savings and little to no debt.
◻ Strong savings and significant.
◻ Strong savings and some debt.
◻ Strong savings and little to no debt.
It is essential to assess and manage one's financial situation carefully, including savings, debt, and overall financial planning, to ensure financial stability and well-being.
No savings and significant debt: This classification implies that there are no savings available, and the family has accumulated a significant amount of debt.
No savings and some debt: In this case, the family has little to no savings but carries a moderate amount of debt.
No savings and little to no debt: This classification suggests that the family has no savings but also has minimal or no debt.
Some savings and significant debt: Here, the family has managed to save some money, but they also carry a significant amount of debt.
Some savings and some debt: This classification indicates that the family has both savings and a moderate level of debt.
Some savings and little to no debt: The family has managed to save some money and has minimal or no debt.
Strong savings and significant debt: This classification suggests that the family has a robust savings account but also carries a significant amount of debt.
Strong savings and some debt: Here, the family has a substantial amount of savings while also having a moderate level of debt.
Strong savings and little to no debt: This classification indicates that the family has a solid savings base and minimal or no debt.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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(This class is called life management)
A basic decision that you make every day about every day things are known as:
A) Major Decisions
B) Routine Decisions
C) Classic Decisions
D) Life altering decisions
Answer:
B is answers for the question
Explanation:
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