Business
Business, 15.11.2019 00:31, daydallas01

How does a natural monopoly function?

a. imperfect competition makes it difficult for firms to do business.

b. a few firms are in perfect competition.

c. a single firm supplies all the output.

d. the government supplies all buyers with the product.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 04:00, elijahcraft3
Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.
Answers: 2
image
Business, 22.06.2019 04:00, only1123
Match the type of agreements to their descriptions. will trust living will prenuptial agreement
Answers: 2
image
Business, 22.06.2019 04:10, maddylaugh
Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.
Answers: 1
image
Business, 22.06.2019 04:30, lizdeleon248
Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.
Answers: 1
Do you know the correct answer?
How does a natural monopoly function?

a. imperfect competition makes it difficult for f...

Questions in other subjects:

Konu
Mathematics, 28.01.2021 14:10
Konu
Mathematics, 28.01.2021 14:10
Konu
Biology, 28.01.2021 14:10
Konu
English, 28.01.2021 14:10