the conclusion that a monopoly results in lower output and higher prices than perfect competition relies on the assumption that part 2 a. the demand curve for a monopoly is horizontal. b. elasticity of demand varies along the market demand curve. c. the costs of production are the same whether the industry is perfectly competitive or a monopoly. d. consumers are ignorant of the effects of monopoly.

Answers

Answer 1

The conclusion that a monopoly results in lower output and higher prices than perfect competition relies on elasticity of demand varies along the market demand curve, option B.

Economists claim that some products' prices are particularly inelastic. In other words, neither a price rise nor a price drop really changes how much something is in demand. For instance, demand for fuel has a low price-elasticity. Drivers will continue to make as many purchases as required, along with airlines, the trucking industry, and virtually every other buyer.

Other goods have far higher price elasticity, which means that changes in their price have a considerable influence on either their supply or demand.

However, it may be claimed that their primary goal is to raise inelastic demand for the products they advertise. They achieve this by identifying a noteworthy difference between their products and any others on the market.

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Related Questions

Social workers help to improve the quality of life for their clients.

A-True
B-False
Hurry

Answers

Answer:

A

Explanation:

Answer:

I think True

Explanation:

Gossip occurs when Jen and Kathy talk about _______.

Answers

Gossip occurs when Jen and Kathy talk about their coworker Ted.

Answer:

Gossip occurs when Jen and Kathy talk about their coworker Ted.

Explanation:

edg 2021

what are the characteristics of a high-performance work system approach to hrm? (choose every correct answer.)

Answers

The characteristics of a high-performance work system approach to HRM are  A,  C and D:

Focuses on collective levels of human and social capitalEnhances the performance of all employees systematicallyImproves employee motivation and opportunities

High work performance system: what is it?

A high-performance work system is a collection of HRM techniques intended to advance employees' abilities, motivation, and engagement in order to give a company a long-term competitive advantage.

Note that Increased employee commitment leads to improved organizational performance because high performance work systems have an impact on and align employees' attitudes and behaviors with the organization's strategic goals (Schuler and Jackson, 1987).

An example of High Performance Work System Practices (HPWS) are:

Ensuring Employee Security, Strict Selection, Decentralized Decision-Making, High Results-Based Compensation, Training by Commitment, Abolishing Status Barriers, Sharing Key Information.

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See options below

Focuses on collective levels of human and social capital

Be good to all

Enhances the performance of all employees systematically

Improves employee motivation and opportunities

I will play basketball. This is a _____ goal.

a) neither
b) broad
c) SMART
15 POINTS AND BRAINLIEST

Answers

Answer:

b

Explanation:

not timely or specific,

Answer: d

Explanation:

In this case an American company bribed a foreign government.
A. Chrysler and Gao Feng
B. Shell Oil in Nigeria
C. Levi Strauss & China
D. Lockheed in Japan

Answers

The case in which an American company bribed a foreign government is D. Lockheed in Japan.Explanation:Lockheed was an American aerospace company that bribed a foreign government in Japan during the 1970s. The company tried to win a contract to sell its planes to Japan’s All Nippon Airways.

However, as a result of the bribery scandal, the company lost its position to sell its planes in Japan.The Lockheed scandal was one of the largest bribery scandals in history, which resulted in a law being passed to prevent the practice.

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Are any of y'all furries just wondering?
comment below :)

Answers

Answer:

Lol yep I’m a furry

Explanation:

Answer:

no

Explanation:

but there's no reason to be rude to them for just doing what they find fun :))

what is the best free editing app for gamers?

Answers

Wondershare Filmora9

state two differences between savings and investment

Answers

Answer:

Savings: is setting aside money so you dont need to spend your money for anything, only for emergeincies. Investment: is when you are buying stocks or bonds your are making an investment.

Answer:

Saving is setting aside money you don't spend now for emergencies or for a future purchase. ... Investing is buying assets such as stocks, bonds, mutual funds or real estate with the expectation that your investment will make money for you. Investments usually are selected to achieve long-term goals.

Explanation:

Joshua controls all the pay​ rates, raises, and bonuses in your department. He is also able to assign you to an interesting work project and give you the most lucrative sales territory. Joshua has​ ________ power.

Answers

Joshua has complete authority over your department's pay scales, promotions, and incentives. Additionally, he can provide you the most lucrative sales region and a fun job assignment. Joshua has reward power.

A promotional incentive is a coupon, rebate, or other incentive offered to persuade a consumer to buy goods, food, or services for which I the consumer provides no direct consideration or (ii) the direct consideration provided is insufficient to cover the cost of the goods, food, or services to be received. Rewards offered by a firm to present and potential consumers to encourage conversions are known as marketing incentives. These conversions may consist of first-time purchases, follow-up purchases, website visits, email signups, referrals, and more.

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The major features of the U.S. free enterprise system include:
A. restrictions on the types of available consumer goods.
B. economic decisions made mainly to promote fairness.
C. limited competition between a small number of companies.
D. limits on the government's role in the economy.


ASAP !!!

Answers

Answer:

D. limits on the government's role in the economy.

Explanation:

Free market enterprise refers to the economic model where demand and supply forces determine the products and services in the market and their prices. In this model, sellers have the freedom to select what business they want to start. Buyers have the option of picking their preferred products or services from many competing suppliers.

In a free market enterprise like the USA economy, the government's role is limited to regulation. The government may get involved in the provision of essential services and public goods.  To a large extent, the free market economy is in the profit-motivated,  private sector.

Answer: D. Limits on the governments role in the economy

Explanation: I just took the test on a pe x

what is meant by business objectives

Answers

Answer:

Business objectives are something which a business organisation wants to achieve or accomplish over a specified period of time. These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.

Answer:

Business objectives are something that a business organization wants to achieve or accomplish over a specified period of time.

Explanation:

These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.

Under what condition do you think extravert make more effective leader than introvert? What unique abilitie of introvert could make them more effective in ome ituation?

Answers

When it comes to interacting with peers and big groups of people, extroverts can be more effective leaders. Extraversion frequently manifests as talkativeness, friendliness, and excitement. These traits facilitate effective group interaction, communication, problem-solving, and critical thinking.

Introverts can become more effective in a one on one situation because listening is among the unique skills that tend to come naturally for introverts. They listen to what is explicitly stated and often pick up on implications, thoughts, and feelings that are not said.

Introverts allow others to speak while yet speaking up when necessary. Others instantly feel at home with them since they always endeavor to make others around them happy. Due to their delicate nature, they may also be patient with others, even when they are stepping on their toes.

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ou are given the following data tables:

Employees(EmployeeID, LastName, FirstName, BirthDate, Notes)

Orders(OrderID, CustomerID, EmployeeID, OrderDate, ProductID, UnitPrice, Quantity, ShipperID)

Note that:

The data type of "LastName", "FirstName", and "Notes" is string.

The data type of "OrderID", "ProductID", "UnitPrice", "Quantity", "CustomerID", "EmployeeID" ,and "ShipperID" is number.

The data type of "BirthDate" and "OrderDate" is date.

"EmployeeID" in relation "Orders" represents the single employee who handles this order, and it is a foreign key that references "EmployeeID" in relation "Employees".

Each order contains only a single type of product with a positive quantity.

Question: Find all orders where the shipper ID of the order is gr

Answers

Based on the given data tables, if you want to find all orders where the shipper ID of the order is "gr," you would need to query the "Orders" table using the appropriate filter condition.

SELECT *

FROM Orders

WHERE ShipperID = 'gr';

This query selects all columns ("*") from the "Orders" table and applies a filter condition to retrieve only the rows where the shipper ID is "gr." Please note that the query assumes the shipper ID values are stored as strings, based on the given data type of "ShipperID" being a string. Adjust the query accordingly if the actual data type of "ShipperID" is different.  the given data tables, if you want to find all orders where the shipper ID of the order is "gr," you would need to query the "Orders" table using the appropriate filter condition.

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Click this link to view O‘NET's Work Styles section for General and Operations Managers. Note that common work
styles are listed toward the top and less common work styles are listed toward the bottom. According to O‘NET, what
are common work styles needed by General and Operations Managers? Select four options.
self control
curiosity
leadership
dependability
attention to detail
creativity

Answers

Answer:

Self control, leadership, dependability, attention to detail

Explanation:

The styles section for the general and operation managers lists are :

Self-control, leadership, dependability, attention to detail.What is a work style?

A work style is a style that is followed for the purpose of work and includes logical reasoning, detail-oriented and supportive, and ideal oriented style. The operations manager's style includes self-control, leadership, and dependability plus attention to detail during work.

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How do corn products enter into the production of food what is the primary corn product used?

Answers

Corn products are used in the production of food as a result of regulations with in Federal Agriculture Improvement and Reform 1996 Act that allow farmers to choose the crops they want to cultivate.

Corn production and evolution;

The main feed grains are oats, barley, sorghum, and corn. With more than 95% of all feed grain use and production in the United States going to corn, it is the most important feed grain.

Corn is farmed on more about 90 acres of land, with the Heartland region producing the largest of the commodity.The majority of the harvest is employed as the primary source of energy in animal feed.A wide range of food and commercial items, such as starch, sugars, corn oil, drinking and commercial alcohol, and fuel ethanol, are also made from corn.Higher yields resulted from advancements in technology (seeded varieties, fertilizers, herbicides, and machinery), as well as in production techniques, which led to an increase in corn production over time.Increasing corn prices and incentives on producers to expand corn acreage are the results of a strong demand towards ethanol production. By altering the corn and soybean crop rotations, farmers have frequently expanded corn area while lowering soybean plantings.

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Fran purchased an annuity that provides $12,600 quarterly payments for the next 10 years. The annuity was purchased at a cost of $378,000. How much of the first quarterly payment will fran include in her gross income?

Answers

Fran should include $3,150 of the first quarterly payment in her gross income for tax purposes.

The annuity exclusion ratio is {$378,000/4*10)} = $9,450 return on capital per payment.

Therefore, (12,600-9450) = $3,150, which will be included in the Gross income

Gross income refers to the total revenue or income generated by a company before any deductions or expenses are taken into account. This includes all the money received from sales of goods or services, as well as any other sources of income such as interest earned on investments or rent received from the property.

Gross income is an important measure of a company's financial performance as it provides a snapshot of the company's overall earning power. It can be used to compare the financial performance of different companies, or to track a company's growth over time. It is important to note that gross income does not take into account any of the expenses incurred by the business, such as wages, rent, utilities, or other operating costs.

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A company has a poor impression with the public. Who might they hire to make it better?
A.
A graphic designer
B.
An advertising agent
C.
A public relations manager
D.
A quality assurance professional

Answers

Answer:

c

Explanation:

,,,,,,,,,,,,,,,,,,,,,,,,,,,,

Select the correct answer.
What are the definitive characteristics of SER supply?
A.
unstable, subject to price gouging
B.
limited, perishable, prone to scarcity, equally global
easily controlled through complex pricing strategies
D
prone to overproduction, deep discounting
Reset
Next

Answers

B is the answer mark me brainliest pls

Answer:

dd

Explanation:

nn

A sports coach running a junior coaching programme was interested in examining the differences in children's fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child's fitness performance score. She ran an ANOVA with the predictor variable 'coaching regime', which had four categories, 'Yellow group', 'Green group', 'Pink group' and 'Purple group'; the outcome variable was 'fitness performance score'. Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?

Answers

Answer:

A sports coach running a junior coaching programme was interested in examining the differences in children's fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child's fitness performance score. She ran an ANOVA with the predictor variable 'coaching regime', which had four categories, 'Yellow group', 'Green group', 'Pink group' and 'Purple group'; the outcome variable was 'fitness performance score'. Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?

Explanation:

Lillian purchased a violin from smash music stores. It regularly sold for $670, but was on sale at 10% off. She also had to pay 8% sales tax. She bought it on an installment plan and paid 15% of the total cost with tax as a down payment. Her monthly payments were $58 per month for one year.

Answers

The sales tax after deducting the discount amount of 10% i.e. $63 is $48.24.

How do you solve sales tax math problems?

Add the purchase price to the sales tax rate to calculate the total. A decimal number should be used instead of a percent when converting the sales tax rate. The price is increased by the amount of sales tax after it has been calculated. The final cost, which the customer must pay, is the result.

Given that:

Selling price = $670

Discount = 10%

Tax rate = 8%

Required to calculate the purchase price =?

Net offered price = (1 - 0.10) * 670

Net offered price = 0.90 * 670 = $603

Hence, the purchase price = $603

Required to calculate sales tax amount =?

Hence, sales tax = 8% of the purchase price

Sales tax amount = 8% of $603

Sales tax amount = 0.08 * 603 = $48.24

Thus, the amount of sales tax is $48.24.

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Your question seems incomplete, most probably the completed was;

Lilian purchased a violin from smash music stores. It regularly sold for $670, but wa son slaw for 10% off. She also had to pay 8% sales tax. She bought it on the installment plan and paid 15% of the total cost with tax as a down payment. Her payments were $58 per month for one year. What is her sales tax?

What best describes the relationship between short and long-term goals?​

Answers

Short term goals are what you set in order to eventually achieve a long term goal; They are the little achievements you achieve in the process of the long term goal- They help keep you on track.

What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?

Answers

Answer:

According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.

Explanation:

Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.

These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.

article 9 of the code of ethics about written agreements requires realtors® to

Answers

Article 9 of the Code of Ethics about written agreements requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.

The National Association of Realtors has a code of ethics that each member must follow. The code of ethics serves as a guideline to ensure that members act professionally and ethically in their dealings with clients. One of the most important provisions in the Code of Ethics is Article 9, which relates to written agreements. Article 9 requires Realtors to make a reasonable effort to reduce their verbal agreements to writing.

This requirement is essential because it helps prevent misunderstandings between Realtors and their clients. By putting their agreements in writing, the parties can avoid confusion over what was agreed upon and have a clear record of their understanding if any disputes arise in the future. Realtors can create written agreements using standard forms approved by their local or state Realtor association or legal counsel. Therefore, Article 9 of the Code of Ethics requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.

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A writer, an illustrator, a publisher and an agent would form a
a. Functional team
b. Cross-functional team
C. Management team
d. Corporate team

Answers

Answer:

B. Cross-functional team

Explanation:

A writer, an illustrator, a publisher, and an agent would form a Cross-functional team. The correct option is B.

What are cross-functional skills?

A Cross-Functional Candidate, according to Glassdoor, is a candidate with jack-of-all-trades abilities. In other words, a candidate with cross-functional skills is someone who is proficient in one or more related technologies or skills while also being knowledgeable in other technologies or skills.

Working cross-functionally, also referred to as working with teams other than your own, will inevitably occur at some point in your career. And doing it well can inspire innovative ideas, enhance your ability to interact with others, and improve your workplace's culture, productivity, and happiness.

Thus, the ideal selection is option B.

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On 1 July 2021 Aster plc issued 20,0003% convertible bonds at par of £100 each. Each bond is convertible into shares at the option of the holder at any time during the five year period of issue. Interest is paid annually on the bonds. If the conversion option is not exercised the bonds are repayable at par at the end of year 5. At the time of issue the interest rate for similar bonds with no conversion option was 5%. The finance manager has been told that these should be split between equity and liability in the financial statements but is not sure why this is or how they are to be accounted for. Required a) Explain why the bond should be split between equity and liability, referring to definitions of liability and equity where relevant. (6 marks) b) Show the split between equity and liability at 1 July 2021 together with the financial statement extracts for this bond for the year ended 30 June 2022. (14 marks) Total: 20 Marks

Answers

a) The bond should be split between equity and liability because it contains both debt and equity characteristics. The definitions of liability and equity help understand this split.

Liability: A liability is an obligation or a present obligation to transfer economic resources arising from past events. It involves an outflow of resources that the entity is legally or constructively obliged to settle. In the case of the convertible bond, the principal amount to be repaid at the end of year 5 represents a liability as it creates an obligation for Aster plc to repay the bondholders.

Equity: Equity represents the residual interest in the assets of an entity after deducting liabilities. It reflects the ownership interest of the shareholders in the company. In the case of the convertible bond, the conversion option gives bondholders the right to convert their bonds into shares, which means they have the potential to become shareholders and participate in the company's ownership and future profits.

b) The split between equity and liability at 1 July 2021 for the convertible bond would be as follows:

Equity component: The fair value of the equity component is determined by deducting the fair value of the liability component from the total proceeds of the bond issue. As the bonds were issued at par (£100 each), and the interest rate for similar bonds with no conversion option is 5%, the liability component can be calculated using the present value of the future cash flows (interest payments and principal repayment) discounted at the market interest rate of 5%. The difference between the total proceeds (£100 per bond) and the liability component represents the equity component.

Liability component: The liability component represents the present value of the future cash flows (interest payments and principal repayment) discounted at the market interest rate of 5%.

The convertible bond should be split between equity and liability because it possesses characteristics of both debt and equity. The liability component represents the obligation of Aster plc to repay the bondholders, while the equity component reflects the potential for bondholders to convert their bonds into shares and become shareholders. The split between equity and liability is determined by calculating the fair value of each component based on the present value of future cash flows.

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What is the average overall labor utilization for the 4 clerks assuming that customers arrive every 6 minutes?

Answers

The average overall labor utilization for the 4 clerks, assuming customers arrive every 6 minutes, is 64%.

To find the average overall labor utilization for the 4 clerks, we need to calculate the percentage of time they are occupied with customer service.

Step 1: Calculate the average time it takes to serve one customer. Since customers arrive every 6 minutes, and there are 4 clerks, each clerk will serve a customer every 24 minutes (6 minutes x 4 clerks).

Step 2: Calculate the total time each clerk spends on serving customers in a given period. Assuming a 150-word period, which is equivalent to 150 words / (4 clerks x 6 minutes) = 6.25 periods.

Step 3: Calculate the total time spent on serving customers by all clerks in the given period. Since each clerk serves a customer every 24 minutes, the total time spent by all clerks is 4 clerks x 24 minutes = 96 minutes.

Step 4: Calculate the overall labor utilization percentage. The labor utilization is calculated as the time spent serving customers divided by the total available time. In this case, the labor utilization is 96 minutes / 150 minutes (the total available time in the given period) = 0.64 or 64%.

Therefore, the average overall labor utilization for the 4 clerks, assuming customers arrive every 6 minutes, is 64%.

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Consider the following work breakdown structure: Create a PERT Chart What is the Critical Path?

Answers

Critical Path: The critical path is the longest task sequence of a project. PERT charts are used to determine the critical path of a project to estimate its duration

What is the Critical Path?

WBS resolves the project into actionable steps and manageable sections. Start with the earliest task, and determine which following activities cannot be completed until this task is finished. The longest, more time-consuming task is the next step in the critical pathCritical Path Analysis formally identifies tasks which must be completed on time for the whole project to be completed on time. It also identifies which tasks can be delayed if resources need to be reallocated to catch up on missed or overrunning tasks.Calculating Critical Path is a simple 4-step process.Step 1: Find Activities. Activities for this project are as below (output from Define Activities process) – ...Step 2: Build Schedule Network Diagram. ...Step 3: Find all Possible Paths. ...Step 4: Calculate Duration for Each Path.

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The financial aid packages for three students are shown. Which student will have to repay the least amount?​

The financial aid packages for three students are shown. Which student will have to repay the least amount?

Answers

Answer:

Tyler will have to repay the least amount

Explanation:

Tyler (loan = $1400) has the least loan amount  as compared to both Kierra (loan = $2500) and Jaden (loan = $3700). Tyler extract his fees from the financial aid package components.

The smaller the loan, the smaller is the repayment amount. Hence, Tyler will have to repay the least amount

Answer:

Tyler

Explanation:

The reason why is because Kierra has to pay back $ 2,500 if you look at her loan section.  You do not repay Scholarships, grants, and work study.  Next Tyler only has $1,400 in his loan section that is why his is the least.  Lastly Jaden has $3,700 in his loan section so he has to pay back $3,700

according to dr. williams, economics is the study of how people interact with ____________.

Answers

"According to Dr. Williams, economics is the study of how people interact with scarce resources."

In other words, economics looks at how individuals, businesses, and governments make choices about how to allocate limited resources in order to satisfy their wants and needs. This includes studying how people make decisions about what to produce, how to produce it, and for whom to produce it. It also includes examining the role of money, markets, and trade in facilitating these interactions.

Overall, economics is a social science that seeks to understand and explain the complex ways in which people interact with each other and with the resources available to them.

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if the price of spanish olives imported into the united states decreases, then

Answers

If the price of Spanish olives imported into the United States decreases, it will lead to an increase in the quantity of Spanish olives imported into the United States.

This is because the decrease in price will lead to an increase in demand for Spanish olives from American consumers and firms due to the lower cost.

This increase in quantity demanded will lead to an increase in the quantity supplied by Spanish producers as they seek to take advantage of the higher demand for their olives. However, if the decrease in price is due to a surplus of Spanish olives, then Spanish producers will be forced to lower their prices in order to sell their surplus stock.

In conclusion, if the price of Spanish olives imported into the United States decreases, it will lead to an increase in the quantity demanded and supplied of Spanish olives. This will be due to an increase in demand for Spanish olives as a result of the lower cost.

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