The World Marketplace: Business without Borders Troy works in finance for a company that manufactures aerosol disinfectant sprays in the United States.His company like many other companies in the United States,imports aluminum from overseasHe noticed in 2017 that the price of aluminum had increased,and that as a result,his company's overall profit had decreased.This increase in aluminum prices was a direct result of an increase.in
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trade tariffs or import duties on aluminum. When the United States imposes tariffs or import duties on aluminum imported from overseas, it increases the cost of imported aluminum for domestic companies. This leads to an increase in the price of aluminum in the United States market. As a result, Troy's company, which relies on imported aluminum, experiences higher production costs.
Higher production costs for Troy's company, caused by the increased price of aluminum, directly impact the company's overall profit. The increased cost of raw materials reduces profit margins and can result in decreased profitability for the company. This scenario illustrates how trade barriers, such as tariffs, can have an adverse effect on companies that rely on imported goods. The increase in aluminum prices due to trade tariffs reduces the competitiveness and profitability of businesses that rely on aluminum imports, like Troy's company.
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Related Questions
True or False? When completing the Self-Evaluation Section of Your Career Plan- In your Freshman Year, your numbers will probably be a little lower than your Sophomore, Junior and Senior years of High School.
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Answer:
True. (unless your in advanced classes)
if your in advanced classes you would be classified as smarter than a certain grade level.
sorry if this doesn't help.
Why is it necessary to invest for retirement instead of saving for retirement?
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Answer:
Compound interest is likely the most significant benefit of investing early in retirement. Though there's no guaranteed set rate of return, when you start saving for retirement earlier, you'll end up with more money with a smaller capital investment than if you wait until later in your career
Explanation:
PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS
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What cost sharing applies to a medicare beneifary who did not have an immediately preceeding admission at an acute care hsopital and resides in an ltch for 90 days?
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For a Medicare beneficiary who did not have an immediately preceding admission at an acute care hospital and resides in an LTCH for 90 days, the cost sharing would depend on the specific coverage.
Medicare Part A typically covers inpatient hospital services, including stays in acute care hospitals. If the beneficiary did not have an immediate prior admission to an acute care hospital, it suggests that their current stay in the LTCH is not directly following an acute care hospitalization.
In this case, if the beneficiary meets the eligibility criteria for LTCH coverage under Medicare Part A, they may be subject to certain cost-sharing requirements. These requirements can include deductible amounts, coinsurance, or copayment obligations.
To obtain specific information about the cost-sharing applicable to the beneficiary's LTCH stay, it is best to refer to their Medicare coverage documents or contact Medicare directly. Medicare's official website or their helpline can provide accurate and up-to-date information regarding the cost-sharing details and coverage for LTCH stays based on the beneficiary's specific circumstances.
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Conner Corporation's adjusted trial balance included the following items:Accounts payable ($65,000), Accounts receivable ($45,000). Capital stock ($100,000), Cash (\$50,000). Dividends ($10,000), Goodwill ($47,000), Interest expense ($4,000), Interest payable ($2,000), Inventory ($32. 000). Notes payable ($80. 000), Prepaid expenses ($101,000), and Salary expense ($60,000). How much is retained earnings to be reported in the balance sheet?
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The retained earnings to be reported in the balance sheet is $13,000.
To calculate the retained earnings, we need to consider the formula:
Retained Earnings = Beginning Retained Earnings + Net Income - Dividends
Since the adjusted trial balance provided does not include the Net Income, we need additional information to calculate it. The Net Income is the difference between total revenues and total expenses. From the trial balance, we can identify the following components of Net Income:
Total Revenues = Accounts Receivable ($45,000) + Interest Revenue (if any) + Sales (if any)
Total Expenses = Interest Expense ($4,000) + Salary Expense ($60,000) + Prepaid Expenses ($101,000) + Other Expenses (if any)
Let's assume the company has no other revenues and expenses. Therefore, the Net Income would be:
Net Income = (Accounts Receivable + Interest Revenue + Sales) - (Interest Expense + Salary Expense + Prepaid Expenses)
Once we calculate Net Income, we can determine Retained Earnings using the formula mentioned above. After calculating Retained Earnings, it can be reported in the balance sheet as part of the shareholders' equity section.
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Why did the author introduce factors of
production before discussing land, labor and
capital?
A
to help the reader understand what
economic resources are before introducing
the three groups of economic resources.
B
to help the reader understand the role of
economists before introducing what it is that
economists study
с
to help the reader understand why there is
demand for certain inputs before
introducing the idea of input scarcity
D
to help the reader understand what goods
and services are before introducing how
those goods and services are brought about
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Answer: A . to help the reader understand what economic resources are before introducing the three groups of economic resources.
Explanation:
Land, labor and capital are the three most important factors of production so in introducing factors of production first, the author wanted to give a background of what factors of production are before then giving the types of factors there are.
The background information given is to enable the reader understand what economic resources/ factors of production are so that they would then be able to understand the general need for land, labor and capital when they are introduced.
Explain two benefits to Walmart of setting up a joint venture to enter the Indian market
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Answer:
Walmart will get more money. It will also expand their brand.
Explanation:
^
what is the baskin robin logo?
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The Basking Robins logo is rather straightforward and evident. The number "31" is formed by a stylized brown "BR" abbreviation with pink accents on the letters, representing the diversity of Baskin Robins flavors—31 of them, one for each day of the month.
They didn't choose a consistent brand identity until 1953, on the advice of the nearby advertising agency Carson-Roberts, which eventually merged with Ogilvy & Mather. The Baskin Robbins logo from 1947 is being honored in the makeover of 2022.
Although the first badge's chocolate and pink color scheme was slightly deepened, strengthened, and the style was modified, you can still tell the two badges apart by their similarities.
The band's updated logo comprises a large and classy "BR" monogram in brown, with pink accents that resemble the number "31" inside. The whole logotype is set in brown capital letters in a contemporary yet understated sans-serif typeface on either side of the monogram, with "Baskin" on the left and "Robbins" on the right.
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_____ allows industries, organizations, and companies to approach business decisions from different perspectives. Arbitration Ergonomics Tolerance Workforce diversity
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Answer:
Workforce diversity
Explanation:
Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.
Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.
Who would benefit from the embargo against country x? who would be hurt by it? be sure to consider both producers in country x and foreign producers in other countries. explain your answer
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The international locations have achieved the largest income beneficial properties as a end result of the rules-based global trading system, the file found.
The US benefited by way of $87 billion (€77.7 billion) in 2016, China with the aid of $86 billion while Germany reaped some $66 billion in financial rewards.
Does global alternate benefit negative countries?Increased Economic ResourcesDeveloping nations can benefit from free exchange by way of increasing their quantity of or access to financial resources. Nations normally have constrained financial resources. Economic resources include land, labor and capital. Land represents the herbal assets discovered inside a nations' borders.
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https://brainly.com/question/14926566#SPJ4Network Issue (a) Show that in the network setting, the customers need to achieve a certain critical point in order to make network work.
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To make a network work effectively, it is crucial for customers to achieve a certain critical point in terms of connectivity, performance, and reliability. This can be accomplished through careful network design, proper maintenance, and continuous monitoring of the network's performance.
To show that in a network setting, customers need to achieve a certain critical point in order to make the network work, we can follow these steps:
1. Identify the network components: In a network setting, there are typically multiple components involved, such as servers, routers, switches, and end-users (customers).
2. Establish the critical point: The critical point refers to the minimum level of connectivity, performance, and reliability required for the network to function effectively for the customers.
3. Discuss the importance of achieving the critical point: To make the network work, it is essential for customers to have adequate access to the resources and services provided by the network. This means that the network's infrastructure must be capable of handling the customers' demands, and the connections between components must be stable and reliable.
4. Analyze factors affecting the critical point: Various factors can affect the critical point, such as network topology, bandwidth, latency, and the number of concurrent users. These factors must be considered when designing and maintaining the network to ensure optimal performance for customers.
5. Provide examples: For instance, in an online gaming scenario, the critical point may be defined by the minimum acceptable latency between the players and the game server. If the latency exceeds this threshold, the gaming experience may be negatively affected, leading to customer dissatisfaction.
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A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides to double all production batch sizes. This change has no impact on demand. What impact will this likely have on the average inventory in the process?.
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The impact to likely have on the average inventory in the process is "because larger batches take longer to complete, average inventory will rise."
What is average inventory?An estimation of the worth or quantity of a certain commodity or group of goods over two or more prescribed time periods is known as average inventory.
Some key features of average inventory are-
By combining the beginning and final inventory values throughout a specific time period, average inventory is indeed the arithmetic mean of inventory during that time frame, which may differ from the average price for the same data set.The median price for the same set of data may differ from the average inventory, which is the sample mean of a stock during a specific time period.When examining overall sales volume, average inventory statistics can be used as a benchmark, enabling a company to monitor inventory losses.A business can keep inventory from the most recent purchase by using moving average inventory.Because it enables them to more effectively manage its costs, sales, or business connections, inventory administration is an important success factor for businesses.To know more about average inventory, here
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Fruity Co.’s 12/31/2021 balance sheet reported total assets of $120,000 and total liabilities of $40,000. During January 2022, the following transactions occurred: the company issued stock for $30,000 cash; the company purchased equipment for $1,000; depreciation expense was $100 for January; the company paid $5,000 wages for January work; the company purchased land for $60,000 paying cash. What is total stockholders' equity at 1/31/2022?
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Total stockholders' equity at 1/31/2022 is $110,900.
Stockholders' equity, also known as shareholders' equity, is the residual interest in the assets of a corporation after all liabilities have been subtracted. It reflects the sum of a corporation's equity capital, retained earnings, and any additional paid-in capital that shareholders have contributed. Stockholders' equity is a measure of the value of a corporation's assets. It is a critical measure of a corporation's financial health because it shows how much money is available to shareholders if the corporation is liquidated.
To compute stockholders' equity at 1/31/2022, we must first calculate the company's assets and liabilities as of the end of January 2022. Fruity Co.'s balance sheet at 12/31/2021 reported total assets of $120,000 and total liabilities of $40,000. The issuance of stock for $30,000 cash increased the total assets and equity by $30,000. The purchase of equipment for $1,000 had no impact on the total assets or equity since it was purchased for cash. Depreciation expense for January reduced the value of assets by $100. The $5,000 payment for January wages had no impact on the total assets or equity. Finally, the purchase of land for $60,000 paid in cash increased the total assets and equity by $60,000. Therefore, the total assets at 1/31/2022 are $210,000, and the total liabilities are $40,000.
The total stockholders' equity at 1/31/2022 is $110,900, calculated as follows:
Total assets = $210,000
Total liabilities = $40,000
Total stockholders' equity = Total assets - Total liabilities = $210,000 - $40,000 = $170,000
Issuance of stock = $30,000
Depreciation expense = $100
Land purchased for cash = $60,000
Wages paid in January = $5,000
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mort is seriously considering a major expansion in the size of his funeral home. the money spent on this type of project would be classified as a(n)
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The money spent on a major expansion in the size of Mort's funeral home would be classified as a capital expenditure.
Capital expenditures are investments made by a company or an individual to acquire, improve, or maintain a long-term asset that is expected to provide benefits over a period of several years.In the case of Mort's funeral home, the expansion project would involve significant costs for acquiring land, constructing new buildings or renovating existing ones, purchasing equipment and supplies, and hiring additional staff. These expenses are expected to provide benefits to Mort's funeral home over a long period of time, such as increased capacity to serve more clients, higher revenues, and improved reputation.
Capital expenditures are typically contrasted with revenue expenditures, which are expenses that are incurred in the normal course of business operations and are aimed at generating immediate benefits, such as salaries, utilities, and supplies. While revenue expenditures are necessary for ongoing operations, capital expenditures are investments that aim to enhance the long-term value of the business or asset.
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answer quickly pls: it is an accounting question:
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Answer:
$3,500
Explanation:
Profit is calculated by subtracting expenses for revenue.
In the case,
Revenues are
fees from client $20,000
Rent received $ 8,000
total revenue $28,000
expenses
insurance $8,000
advertising $3,000
loan interest $ 12,000
motor expense $1,500
$24,500
profit = $28,000 - $24,500
profits =$3,500
Leadership students will collaborate with each other to plan, decide, and execute events - how do you manage disagreements between yourself and others?
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Think about the possible responses and your response to them. By defusing the issue, try to reduce your stress. Consider the advantages that the person could choose. You should modify what you say to fit their communication style.
What role does the leader have in negotiations and conflict resolution?Effective leaders know how to bring contentious situations into the open in order for all parties to begin working toward a settlement that will benefit everyone. They resolve conflicts in a way that makes it possible to develop enduring relationships.
Why is it important for leaders to resolve conflicts?This maintains commercial links while enabling parties to a dispute to learn more about one another. Good conflict resolution programs also help people get back to work since unresolved disagreements usually reduce focus and productivity at the office.
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According to the unit, what percentage of shoppers used a coupon in 2012?
A. 78%
B. 85%
C. 93%
D. 100%
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today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c
Answer:
78%
Explanation:
I take nutrition and wellness, and this was the correct answer for me. Just took the test as well :P
Terry invested $2,000 today in an investment that pays 6.5 percent annual interest. Which one of the following statements is correct, assuming all interest is reinvested?
a. terry will earn the same amount each year
b. terry will earn simple interest
c. terry will earn an increasing amount of interest each and every year
d. terry could have the same future value and invest less than $2000 initially if he could earn more than 6.5 percent interest.
e. terry's interest for year two will be equal to $2000
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Solved Terry made an investment today worth $2,000 in business finance answers to his questions. Terry put $2,000 into an investment today that yields 6.5 percent a year.
What is Business Finance?
business groups raise and manage finances using business finance. The finance manager, who typically occupies a position towards the top of the internal hierarchy of a company, is responsible for planning, analyzing, and controlling operations. Significant financial decisions are frequently made by a budget committee in very large companies. The owner-manager typically oversees the financial operations in small businesses. Lower-level employees handle a large portion of the day-to-day tasks associated with business finance, such as managing cash receipts and payments, regularly and continuously borrowing from commercial banks, and creating cash budgets. Both the profit and the risk of a company's operations are impacted by financial decisions.
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one qualifier to _____________ is that although it may settle the surface problem, it may not solve any ongoing problem.
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one qualifier to mediation is that although it may settle the surface problem, it may not solve any ongoing problem.
What is mediation?Mediation can be regarded as procedure that is used by parties in solving their disputes.
Therefore, one qualifier to mediation is that although it may settle the surface problem.
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In the end, businesses that use teams tend to have ______. a. Fewer sick leaves b. More profits c. More management d. Fewer products
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Answer:
The answers B More profits
Explanation:
Trust me i just made a 100 in the test
In the end, businesses that use teams tend to have more profit. Thus, option (b) is correct.
What is businesses?The term “businesses” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
The term “businesses” refers to the primary goal of generating a profit. The company is taking a risk and profiting from it. The enterprises' functions are focused on the creation, distribution, and sale of concepts. The business was the runs on the basis of the consumer behavior.
As a result, the significance of businesses are the aforementioned. Therefore, option (b) is correct.
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Question. Would you don’t to a businesses GoFundMe if they gave you a free product in return.
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Answer:
well it depends on the product but if the GoFundMe is for something good I'll do it anyway but if I'm down bad I would say that GoFundMe
what type of graphic shows the amounts of two products a nation can obtain by specializing in one product and trading for the other?
Answers
A trading possibilities line is the graphic that shows the amounts of two products a nation can obtain by specializing in one product and trading for the other. This is further explained below.
What is a trading possibilities line?Generally, A graph depicts the many permutations of two goods that a single-product economy may receive (consume) due to its focus on producing only one of them.
In conclusion, When a country focuses on producing one good and trading for another, the quantity of both goods increases along a trade possibilities line.
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Cocoa Beach Company is considering replacing a machine that is presently used in the production of its product. The following data are available:
Old Machine New Machine
Original cost $200,000 $160,000
Useful life in years 10 5
Current age in years 5 0
Book value $100,000 ‑
Disposal value now $32,000 ‑
Disposal value in 5 years 500 2000
Annual cash operating costs $20,000 $14,000
Ignoring income taxes, the difference in cost between the old and new machine is $____
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Ignoring income taxes, the difference in cost between the old and new machines is $96,366.
The given data is;
Initial cost = $200,000
The Annual operating cost = $20,000
Useful life in years= 10 years
Current period= 5 years
Book value current=$100,000
Disposal value present= $32,000
Disposal value in 5 years= $500
To calculate the present value,
PV = CF / (1 + r)^n
PV(initial cost) = $200,000 / (1 + 0.1)^5
PV(initial cost) = $110,974
PV(operating costs) = $20,000 x ((1 - (1 + 0.1)^-10) / 0.1)
PV(operating costs) = $116,745
PV(disposal value now) = $32,000 / (1 + 0.1)^5
PV(disposal value now)= $18,644
PV(disposal value in 5 years) = $500 / (1 + 0.1)^5 + $100,000 / (1 + 0.1)^5
PV(disposal value in 5 years) = $68,504
For new machines,
PV(initial cost) = $160,000 / (1 + 0.1)^0
PV(initial cost)= $160,000
PV(operating costs) = $14,000 x ((1 - (1 + 0.1)^-5) / 0.1)
PV(operating costs = $57,275
PV(disposal value in 5 years) = $2,000 / (1 + 0.1)^5 = $1,226
Total PV of the new machine = $160,000 + $57,275 + $1,226 = $218,501
Therefore the total difference between the two machines is,
$314,867 - $218,501 = $96,366.
Therefore, Ignoring income taxes, the difference in cost between the old and new machine is $96,366.
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We evaluate historical sources by determining if they are valid or reliable.
True
False
Answers
Answer:
True
Explanation:
We evaluate historical sources by determining if they are valid or reliable. The given statement is True.
Why is it important to evaluate historical sources?You are prompted to use critical thinking skills while evaluating information to consider the authority, timeliness, point of view, and bias of various information sources. A book, article, or website is not always a trustworthy source of knowledge just because your search parameters are met by it.
Evaluating historical sources is an essential aspect of historical research, and determining their validity and reliability is crucial to understanding the past accurately. Validity refers to the accuracy and truthfulness of the information provided by the source, while reliability relates to the consistency and credibility of the source. Both validity and reliability are necessary to ensure that the historical source is trustworthy and can be used to support historical claims.
Thus, the mentioned above-given statement is true.
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Anthony is 58 years old. During the current year of assessment, he earned a salary R544 000 . He earned local dividends of R2 000 and local interest of R33 000 . He contributed R67 000 to a provident fund. Antony and his employer contributed R62 000 each to his pension fund. He contributed R1 700 per month to a medical aid fund for the full tax year. His employer made an equal amount of contributions to his medical aid for the for the full tax year. He made an allowable donation of R12000 to a PBO and received a section 18A receipt. You may assume that his remuneration is R626 400. YOU ARE REQUIRED to determine his taxable income for the current year of assessment. a. R412 220 b. P432600 c. R494 600 d. R370 600
Answers
The taxable income for the current year of assessment for Anthony is R412,220.
To determine Anthony's taxable income, we need to consider the various income sources and deductions provided.
First, we start with his salary, which is R544,000. This forms part of his taxable income.
Next, we add his local dividends of R2,000 and local interest of R33,000. These amounts are also taxable.
We then subtract his contributions to the provident fund, which is R67,000. This is a deductible expense and reduces his taxable income.
Similarly, we deduct the contributions made to his pension fund by both Anthony and his employer, which total R62,000 each. These contributions are also deductible.
Next, we subtract the monthly contributions to the medical aid fund, which is R1,700 per month for the full tax year. Since his employer also contributes an equal amount, the total annual contributions amount to R20,400. This is a deductible expense.
Lastly, we consider the allowable donation of R12,000 made to a PBO. This is also a deductible expense.
By adding the taxable income sources and subtracting the deductible expenses, we arrive at the taxable income of R412,220 for the current year of assessment.
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List three market practices that the govemment
regulates or bans to protect competition
Answers
Three market practices that the government regulates or bans to protect competition are Price fixing, Monopolies and Predatory Pricing.
Price fixing: As price fixing techniques are anticompetitive and detrimental to consumers, the government regulates them. Price fixing may result in increased costs, decreased output, and inefficient markets. The government may levy penalties or even bring legal action against the businesses and people involved in this conduct.
Monopolies: To stop them from exploiting their dominant market position, the government may regulate or even dismantle monopolies. Monopolies can result in increased costs, less innovation, and less consumer choice. Governments may limit mergers and acquisitions or control the actions of powerful companies.
Predatory Pricing: When a business sets prices below what it actually costs to produce a good or service, it is engaging in predatory pricing, which the government may outlaw. In the long term, higher prices may result from this technique since the dominant firm can increase prices after driving out its rivals, which hurts competition. The government may fine or prosecute businesses that engage in this conduct.
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Discuss the likely impact on papua new guinea if its copper and gold mines become exhausted?
Answers
Answer:
miners might stop making income resulting in a shortage of money thus lowering income in new guinea. The mines will also be turned to landfills. which means more areas to fill with waste and dirty garbage.
Explanation:
How different would your life be if there weren't social media platforms? Would your life improve? What would you miss?
Answers
Answer:
I think it would improve because then people will be more interactive and social and everyone will be way more kind and I think its just way better in every way be social media is addicting to people. do yee. =)
Answer:
It will improve
Explanation:
Because the the citizen will be more caring to other things. I think there isn't a thing that we would miss
Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods
Answers
A result of open competition in a free market system is higher quality goods (option D).
What is the result of open competition?
Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.
Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.
A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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