Ownership of the only ferry across Puget Sound for twenty miles is the best example of a natural monopoly. So, correct option is C.
A natural monopoly occurs when a single firm can efficiently provide a product or service to an entire market at a lower cost than multiple competing firms. In this case, owning the only ferry across Puget Sound for a considerable distance exemplifies a natural monopoly.
The geographical advantage of being the sole provider of ferry services for a specific area creates significant barriers to entry for potential competitors. The high costs associated with establishing and maintaining ferry infrastructure, such as terminals and vessels, make it economically impractical for multiple companies to operate in the same region.
The nature of the market and the infrastructure required for ferry operations lend themselves to economies of scale. A single ferry operator can take advantage of cost efficiencies, such as spreading fixed costs over a larger volume of passengers and cargo, leading to lower average costs compared to fragmented competition.
Thus, owning the only ferry across Puget Sound for a substantial distance exemplifies a natural monopoly due to the inherent economic efficiencies and the limited possibility of viable competition in the market.
So, correct option is C.
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Question 15 of 20
A business that wants to increase productivity for its main product needs to:
Discover the response to your inquiry. A company that wishes to boost production by investing in equipment that makes it easier to produce more products...
Why is it called a company?
Discover the response to your inquiry. A company that wishes to boost production by investing in equipment that makes it easier to produce more products... Etymology. The Old French word compagnie, which first appeared in the Salic law (c. 1150) and meant "society, companionship, intimacy; body of troops," is where the English word "company" derives from. Companio originally derived from Late Latin and meant "one who eats bread with you." types of businesses Any business created in accordance with the 2013 Companies Act is referred to as a "company."
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Ivan has inherited his grandmother’s 1963 Chevrolet Corvette (trust me this is a hot car to own – if you watched Lucifer on TV you know it), which he values at $45,000. He decides that he might be willing to sell it so he posts it on Craigslist for $55,000. Samantha is interested and willing to pay up to $72,000. Would Ivan and Samantha want to voluntarily engage in trade? How much economic surplus is created for both of them as a result of this exchange? Show your calculations. What is the total economic surplus? Explain how you arrived at this number.
This total economic surplus is arrived at by subtracting the value that Ivan put on the car before the trade, $45,000, from the highest value that Samantha is willing to pay for the car, $72,000.
Ivan and Samantha would want to voluntarily engage in trade because there is a gap between what Ivan is willing to accept for the car ($55,000) and what Samantha is willing to pay for it ($72,000).
The economic surplus created for Ivan as a result of this exchange is $72,000 (the amount Samantha is willing to pay) minus $45,000 (the value Ivan placed on the car before the exchange) = $27,000.
The economic surplus created for Samantha is $72,000 (the amount she is willing to pay) minus $55,000 (the amount Ivan is asking for the car) = $17,000.
The total economic surplus created as a result of this exchange is the sum of the individual surpluses: $27,000 (for Ivan) + $17,000 (for Samantha) = $44,000.
This difference of $27,000 is the economic surplus for Ivan, and the difference between the amount Samantha is willing to pay, $72,000, and the amount Ivan is asking for, $55,000, is the economic surplus for Samantha. The total economic surplus is the sum of the two individual surpluses.
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How does M&S keep existing customers happy?
Answer:
Im not sure
Explanation:
most enjoyable aspects of a fashion stylist ?
Answer:
creative, artistic, ambitious, passionate
Explanation:
A house is constructed in a neighborhood that is substantially larger than the existing houses. Based on the value principle of ___________________, the larger house’s value will therefore be adversely affected.
a. anticipation
b. conformity
c. inadequacy
d. competition
the share of us gdp that is devoted to services has been decreasing over the last 50 years.a. trueb. false
False. The share of US GDP that is devoted to services has actually been increasing over the last 50 years. In 1960, the services sector accounted for around 58% of US GDP, while in 2020, it accounted for around 85% of GDP.
This trend is expected to continue in the coming years as the US economy becomes increasingly focused on knowledge-based industries such as technology, healthcare, and professional services. Technological advances: Advances in technology have made it easier and more efficient to provide many types of services, such as healthcare, finance, and consulting. This has led to an expansion in the service sector and a decrease in the share of the economy devoted to manufacturing. Changes in consumer demand: As the US has become more affluent, consumer demand has shifted towards services such as entertainment, travel, and dining out. This has driven growth in the leisure and hospitality industry, as well as in other service sectors. Globalization: Globalization has led to increased competition in manufacturing industries, making it more difficult for US companies to compete on price. As a result, many US companies have shifted towards providing high-value services, which are less easily replicated by low-cost competitors in other countries. Demographic changes: The aging of the US population has led to increased demand for healthcare services, as well as for other services such as retirement planning and elder care.
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Type the correct answer in the box. Spell all words correctly.
Samantha is part of a project management team working on the initiation phase of a project. What is her team expected to do in this phase?
In the initiation phase, Samantha's team needs to clarify the project's _____
and justify it.
Answer:
Explanation:
Initiation phase is the first phase of a project management where the project is evaluated to know the purposes it has to be done , how it will be done and the resources needed to execute it.
At this stage , Samantha's team has to clarify and justify the project's purposes and feasibility in order to know why it has to be done and also how it will be completed and its purpose achieved.
Robinson plc have decided that in order to make better investment appraisal decisions they need to re-calculate the company’s cost of capital. The following information is extracted from the company’s statement of financial position (balance sheet):
Fixed assets: 890
Current assets: 370
Current liabilities: (220)
Non-current liabilities:
5% Bonds (£100 par) redeemable in 7 years (160)
4% Irredeemable Bonds (£100 par) (190)
Bank Loan (120)
Share capital and reserves
Ordinary Shares (nominal value 50p) 180
7% Preference shares (£1 nominal value) 100
Reserves 290
Additional information:
The risk-free rate of return on short-dated government bonds is currently 3%. The market risk premium has been estimated at 7% and the company’s beta is 1.5. The company’s ordinary share price is £3 and the preference share price is £0.8. The irredeemable bonds are currently trading at a 5% discount to par value and the redeemable bonds are currently trading at £105. The rate of interest payable on the loan is 8% and the corporation tax rate is 25%
a) Explain the role of the weighted average cost of capital (WACC) in financial decision-making.
b) Calculate the cost of each source of finance used by Robinson plc, including their reserves
c) Discuss why market values rather than book values should be used when calculating the WACC.
d) Calculate the weighted average cost of capital for Robinson plc using market weightings.
e) Using diagrams explain and discuss Miller and Modigliani’s (1963) view of capital structure.
f) Discuss the practical problems that maybe encountered when calculating the WACC.
The weighted average cost of capital (WACC) plays a crucial role in financial decision-making as it represents the required rate of return that a company needs to generate in order to cover its cost of capital.
The cost of each source of finance used by Robinson plc can be calculated by considering the specific characteristics of each source, such as interest rates, market prices, and tax implications. This includes calculating the cost of equity, the cost of preference shares, the cost of debt (including irredeemable bonds, redeemable bonds, and bank loans), and the cost of retained earnings.
Market values should be used when calculating the WACC because they reflect the current market prices and investor perceptions, which are more relevant than historical book values. Market values capture the true economic value of the company's capital structure and represent the opportunity cost of capital from the investors' perspective.
To calculate the weighted average cost of capital, market weightings are applied to each source of finance based on their proportionate contribution to the company's capital structure. This involves weighting the cost of equity, preference shares, and debt by their respective market values and combining them to arrive at the WACC.
Miller and Modigliani's view of capital structure, as explained through diagrams, suggests that in a perfect capital market without taxes or transaction costs, the capital structure of a firm is irrelevant to its market value. They argue that the value of a firm depends solely on the profitability and risk of its underlying assets, and the choice between debt and equity financing does not affect its overall value.
Practical problems that may be encountered when calculating the WACC include determining appropriate market values for assets and liabilities, estimating the cost of equity (taking into account the company's beta and the market risk premium), addressing the impact of taxes and tax shields, and ensuring consistency in the selection and valuation of components.
Additionally, obtaining accurate and up-to-date market data for various financial instruments can pose challenges in practice. The weighted average cost of capital (WACC) is an important financial decision-making metric since it shows the required rate of return that a company must generate to cover its cost of capital.
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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.
if the prices of goods in europe increase while the nominal exchange rate between the euro and the u.s. dollar remains the same, we say that the u.s. dollar has experienced a:
If the prices of goods in Europe increase while the nominal exchange rate between the euro and the U.S. dollar remains the same, we say that the U.S. dollar has experienced a depreciation.
When the prices of goods in Europe increase, it means that the euro has appreciated in value relative to the U.S. dollar. This can happen due to a variety of factors such as changes in supply and demand, inflation, and interest rates.
In this scenario, the nominal exchange rate remains the same, but the effective exchange rate has changed. The effective exchange rate takes into account the relative prices of goods and services in different countries and provides a more accurate measure of the exchange rate.
A depreciation of the U.S. dollar can have both positive and negative effects on the economy. On the one hand, it can make U.S. exports cheaper and more competitive in foreign markets, leading to an increase in exports and a boost to the economy.
On the other hand, it can make imports more expensive and lead to higher inflation, which can hurt consumers and businesses.
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hellp! WILL GIVE 30 POINTS!!
Alexis and Damian are both taking a course on picking a career. They go to the same art club so they both know what they enjoy doing. Surprisingly, Alexis and Damian might find careers in the Architecture and Construction Career Cluster that allow them to express themselves through art. Create a list of possible jobs in this cluster that could use an artistic person and explain a task that each job does that the two students might particularly enjoy.
*Dont answer for points, cuz I've gotten scames so many times :/
Answer:
A few jobs that express how you feel through art are house remodeling because you can decorate with things that make you happy or that show how you feel, professional painter because you can paint how you feel, and a gardener because you make the garden look like something that expresses how you feel.
Explanation:
Hope this helps! Just make sure to edit it a little so that you don't get in trouble! :)
Question 6 of 10
A human resource staff member was asked to create a job description.
Which of the following steps should be included in the process?
A. Evaluate the employee in the job
B. Interview customers served by the employee in the job
C. Conduct a job analysis
D. Suggest changes to the management structure
For this human resource staff member who was asked to create a job description, the step that should be included in the process is: B. Interview customers served by the employee in the job.
What is Human resources management?Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.
This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing, creating job description, and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.
In this context, we can reasonably infer and logically deduce that interviewing customers that are served by the employee in the job is a step that should be included in the process of creating a job description.
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Answer: C conduct a job analysis
Explanation:
it is
Which website citation is written correctly in MLA style?
“CareerOneStop.” 2013. Web, May 18, 2013. US Department of Labor and the State of Minnesota.
“US Department of Labor and the State of Minnesota, 2013.” CareerOneStop. 18 May.
CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
US Department of Labor and the State of Minnesota. “CareerOneStop.” Web, May 18, 2013.
Answer:
C. CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
Explanation:
Right On Edge, also just took the Quiz.
The website citation which is written correctly in MLA style is -
CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
What is a citation style?A citation style is a set of rules for citing sources in academic writing. To avoid plagiarism, you must always include a citation anytime you quote, paraphrase, or summarise a source. Different universities, academic groups, and publishers establish different styles, which are frequently published in an official handbook with detailed instructions and examples.
There are numerous citation styles, but they all follow one of three basic principles: parenthetical citations, numbered citations, or note citations.
MLA style is the Modern Language Association's official style, as stated in the MLA Handbook. (9th edition). It is commonly utilised in a variety of humanistic subjects. It's author-page rather than author-date, unlike most parenthetical citation styles.
Therefore, the third option is correct.
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which of the following is the least common type of business organization in the united states?
Franchise is the least common form of business organization
While sole proprietorships, partnerships, and corporations are widely recognized and commonly established, franchises are relatively less common. A franchise is a business model where an individual or group (the franchisee) purchases the rights to operate a business under the established brand, systems, and support of a larger company (the franchisor).
Franchises offer the advantage of operating an established and recognized brand, but the initial investment and ongoing fees can be significant, making it a less common choice compared to sole proprietorships, partnerships, and corporations, which are more accessible and prevalent in various industries.
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Full Question: Which of the following is the least common form of business organization?
a. Sole Proprietorship
b. Partnership
c. Corporation
d. Franchise 100 word
if marginal cost exceeds marginal revenue, a profit-maximizing monopolist will
Answer:
Reduce marginal costs so that they equal marginal revenue.
Explanation:
Regardless of whether the producer is a monopolist, oligopolist, or in perfect competition, the profit-maximizing quantity is where marginal revenue equals marginal costs, or in other words the cost of producing the next unit of output is equal to the revenue earned by the next unit of sales. Any output before this holds an opportunity cost, and any output after this intersection is losing money.
please help, easy multiple choice question
whoops meant to put it in art
Answer: The answer that is correct is the last one, which is shape.
I hope this helped!
please help
Why is engaging communication a two-way process?
Answer:
Two-way communication allows both participants to exchange ideas, they can develop a sense of mutual understanding. The result is a better relationship between them. Increase effectiveness
Effective communication depends on the proper understanding of the message by the sender and receiver.
Explanation:
Hope you can helpto reward customers for using their services, what are two ways aws reduce prices?
The variety of services and price options offered by AWS provide you the freedom to successfully control your costs while maintaining performance and capacity as needed for your organization.
Thus, even if the basic steps for cost optimization on AWS remain the same: monitor your AWS costs and consumption, analyze the data to find savings, and take action to realize the savings.
The AWS services you are using will cost you before you take any steps to cut costs. Customers can explore and test out AWS services for free up to the allotted service-specific limits while using the AWS Free Tier.
Thus, The variety of services and price options offered by AWS provide you the freedom to successfully control your costs while maintaining performance and capacity as needed for your organization.
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Discuss the role of the father in attachment theory
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
Ms. white lost her puppy. she advertises a reward of $50 for the return of her puppy. mr. jones finds the puppy but was unaware of the reward. is mr. jones entitled to the reward:
,he cannot claim the reward. In this situation, Mr. Jones is not entitled to the reward because he had no prior knowledge of the reward
In this given situation, Ms. White advertised a reward of $50 for the return of her lost puppy. Afterward, Mr. Jones found the puppy but was unaware of the reward. So, the question arises if Mr. Jones is entitled to the reward or not?The general rule is that an offer of reward to the public will be legally binding. A reward can be claimed by anyone who had knowledge of the reward at the time of finding the lost item. But in this case, Mr. Jones was unaware of the reward, therefore ,he cannot claim the reward. In this situation, Mr. Jones is not entitled to the reward because he had no prior knowledge of the reward. Only those who had knowledge of the reward are entitled to receive it. However, he can receive some gratitude or any other token from Ms. White as a return gift for returning her lost puppy.Apart from the above-mentioned information, it is also worth mentioning that a dog is not just a pet but becomes a part of our lives and a family member. Losing a puppy can be heartbreaking and stressful for the owner as they are emotionally attached to their pets. Therefore, it is always advised to take preventive measures to ensure that pets are not lost and are safe.
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What is the science that studies trends and changes in human populations?
A. Cohorts
B. Statistics
O c. Technology
D. Demography
Answer:
The answer to your question is D.
Demography is the statistical study of trends and changes in human populations. Thus, the correct option is D). Demography.
What is Demography?
Demography refers to the statistical study of human population. It includes the study of human populations and population changes and trends by using different resources such as statistics of births, deaths, income and disease.
Demography is the scientific study which is important to understand the structure of a population in order to plan health and public health interventions, to know how far the growth rate of the economy is keeping pace with the growth rate of population etc.
Demographers are those researchers who conduct demographic analysis by using census data, surveys, and statistical models to analyze the size, movement, and structure of populations.
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Based on the graph shown above, which of the following is the equallibrium quantity and price at which the compony should sell the truck
Based on the graph shown above, the following is the equilibrium quantity and price at which the company should sell the truck: option B. 300 trucks at $6 per truck
What is an equilibrium quantity and price?In economics, an equilibrium quantity and price refers to a state in which the quantity of a good or service that a seller is willing to supply is equal to the quantity that a buyer is willing to demand, and the price at which this transaction occurs is the equilibrium price. This is also known as market equilibrium.
At the equilibrium price, there is no surplus or shortage of the good or service, and the market is said to be in balance. If the price is higher than the equilibrium price, there will be a surplus of the good or service, and if the price is lower than the equilibrium price, there will be a shortage.
The equilibrium quantity and price are determined by the interaction of supply and demand in a market. When the supply and demand curves intersect, the equilibrium quantity and price are established.
Therefore, the correct answer is as given above
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The complete question goes thus:
A toy company created a new truck to offer to consumers.
Based on the graph shown above, which of the following is the equilibrium quantity and price at which the company should sell the truck?
A. 200 trucks at $8 per truck
B. 300 trucks at $6 per truck
C. 400 trucks at $8 per truck
D. 200 trucks at $4 per truck
vatiman which provides immunity
Answer:
huh don't really understand this buddy
Answer:
\(vitamin \: c\)
hope that will help you
in many companies, the changing nature of work has somewhat blurred the distinction between .
In many companies, the changing nature of work has somewhat blurred the distinction between managers and nonmanagerial employees.
Who is a manager?A manager is someone who is in charge of monitoring and inspiring workers as well as guiding the development of an organization. The person in charge of customer service, who handles client complaints, and who manages and supervises customer service personnel is an example of a manager.
It should be noted that the manager is important to the achievement of the goals of the organization.
Therefore, in many companies, the changing nature of work has somewhat blurred the distinction between managers and nonmanagerial employees.
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What is the organizational structure for an supermarket?
Answer:
An array of repeat customers grouped in various local areas, A chain of retail stores, various transportation systems, A set of warehouse distribution centers, and An array of product suppliers under contract.
Explanation: In carrying out its function, a supermarket business acquires and assembles a wide assortment of goods from individual suppliers, then organizes and distributes them as-needed to a chain of retail stores for sale to local customers.
All of the following are features of blockworks online except: resized diagnostic pane. Onscreen link to known issues. Tax tip selection screen. Always having the most current version. Advanced finish screens
The correct statement is (c): "The feature 'tax tip selection screen' is not a feature of Blockworks Online."
The feature "tax tip selection screen" is not a feature of Blockworks Online.
Blockworks Online is a tax preparation software developed by H&R Block. Some of its features include:
Resized diagnostic pane: Blockworks Online provides a diagnostic pane that displays alerts and messages for tax return errors, omissions, and other issues. This feature allows users to quickly identify and fix errors in their tax returns.Onscreen link to known issues: Blockworks Online provides an onscreen link to known issues and solutions for common tax return errors and issues. This feature enables users to quickly access solutions and avoid potential tax return errors.Always have the most current version: Blockworks Online is cloud-based, which means users always have access to the most current version of the software. This eliminates the need for manual updates and ensures that users are always using the latest version of the software.Advanced finish screens: Blockworks Online provides advanced finish screens that guide users through the process of reviewing and filing their tax returns. This feature ensures that users have properly completed their tax returns and reduces the likelihood of errors or omissions.Therefore, the correct statement is: "The feature 'tax tip selection screen' is not a feature of Blockworks Online."
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Question 1: [15 Marks Apply Normalization Rules to convert the following report to Third Normal Form (3NF) Important Assumptions: The attribute Sales Order Number uniquely identifies the Sales Order
Without the provided report or information, it is not possible to apply normalization rules and convert it to the Third Normal Form (3NF).
The normalization process involves applying a set of rules to eliminate data redundancy and ensure data integrity in a relational database. To convert a report to the Third Normal Form (3NF), we need the original report or information containing the attributes, relationships, and dependencies within the data. Without this information, it is not possible to analyze and apply the normalization rules effectively. Each attribute must be identified, and the relationships and dependencies between them must be understood to determine the appropriate normalization steps. Therefore, without the report or relevant data, we cannot proceed with the normalization process or provide a specific conversion to 3NF.
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Why could the invention of new technology lead to new business ideas?
3. How technology and innovation influence culture (Connect, Perform)Use your knowledge of innovation to select the term that best completes each sentence.The first mobile phone is an example of .Use your knowledge of innovation to select the term that best fits each scenario or description.When smart phones first came out, companies tried to identify what apps they could create to combine with them to enable new things like compasses, maps, and mobile ticket purchasing. What type of innovation do these apps represent?An incremental innovationA systems innovationA radical innovationChoose the answer that best completes each sentence.Because workgroups develop their own , intranets build a common cultural foundation that can help unify employees in different units and locations around common company values.
According to the following questions were:
The first mobile phone is an example of a radical innovation.The type of innovation that represents is a systems innovation. The correct option is (B). Because workgroups develop their own , intranets build a common cultural foundation that can help unify employees in different units and locations around common company values. The suitable word is subcultures.What do you understand by the passage of technology and innovation?
An important finding that transforms or invents a whole industry is considered a radical innovation. Corporate research or research and development, which frequently takes place in laboratories, is the simplest approach for traditional corporations to foster innovation.
A system innovation installs components in novel ways to produce new functionalities, such as merging smartphones with compasses and other features. As with cellphones, radical innovation is a significant development that transforms or entirely develops an industry.
People in an organization who share similar circumstances, identities, or job responsibilities tend to coalesce around their own interpretations of the dominant corporate culture.
Therefore, according to the following questions were:
The first mobile phone is an example of a radical innovation.The type of innovation that represents is a systems innovation. The correct option is (B). Because workgroups develop their own , intranets build a common cultural foundation that can help unify employees in different units and locations around common company values. The suitable word is subcultures.To know more about the technology and innovation, visit:
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__________ employed the principles of percussion and ausculation, kept detailed clinical records, and performed numerous surgical procedures.
The physician who used the techniques of percussion and auscultation to maintain thorough clinical records and carried out several surgeries was Hippocrates.
Using percussion, a doctor can hear noises coming from organs or other body components that are located beneath your skin. When your doctor taps on body parts full of air, you'll hear hollow noises, and when he or she taps on physiological fluids or an organ like your liver, you'll hear much duller noises.
Auscultation of the abdomen has a very limited function in comparison to cardiac and pulmonary tests. It is done before percussion or palpation since jarring the abdomen violently might upset the intestines and perhaps artificially change their activity and bowel noises.
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