Economic One of the requirements for a monopoly is thatSelect one:a. The product cannot be produced by smallfirms.b. There is a unique product with no closesubstitutes.O c. Products are high priced.O d. There are several close substitutes for theproduct

Answered: One of the requirements for a monopoly…

Business

Accounting

One of the requirements for a monopoly is that

Business Its Legal Ethical & Global Environment

10th Edition

ISBN:9781305224414

Author:JENNINGS

Publisher:JENNINGS

Chapter16: Business Competition: Antitrust

Section16.4: Vertical Trade Restraints

Problem 2.3CQ

See similar textbooks

Related questions

Q: 4. Suppose you think Apple stock is going to appreciate substantially in value in the next year. Say…

A: rate of return = profit initial investment * 100

Q: Derby Transportation Inc. designs and builds trains for rail networks across Canada. The company,…

A: As per the given information: Contract value - $10,360,000Design component of the contract -…

Q: 5) Weight in portfolio 30% 25% Apple 20% JPMorgan Chase 25% Starbucks Caterpillar HPR 12/31/14 -…

A: Portfolio return is that return which is earned by the investor on his investment during the period…

Q: A machine cost P 1,800,000.00. It has a salvage value of P 300,000.00 at the end of 5 years. If…

A: The depreciation is a method to allocate the cost of the asset over its useful life. The…

Q: You deposit $3,000 at the beginning of every year for 30 years into an investment that earns 8.5%.…

A: Periodic deposit, A = $3,000 Interest rate, r = 8.5% Period, n = 30 years The future value of…

Q: 6. The Fisher effect and the cost of unexpected inflation Suppose the nominal interest rate on…

A: According to bartleby guidelines , if question involves multiple sub parts , then 1st sub 3 parts…

Q: is the income statement information from Apollo Medical Devices. Identify the co $thousands les…

A: The items of the income statement that are directly involved with the operation of the company are…

Q: Bruno Eyewear recently announced that it will pay $.84 in dividends per share this year and $.90…

A: Given : Dividend current year = $0.84 Dividend Next year = $0.90 No of share = 500 Interest rate of…

Q: compounded continuously. Find the amount after 15 years. O a. P148,365.90 O b. P 152,754.20 Oc. P…

A: Future value of amount = A * ( ert - 1) / ( er - 1) where A = Amount invested =P 5,000 e =…

Q: 2% compounded annually, calcula O a. P 455,875.00

A: The given problem can be solved using PV function in excel. PV function computes loan amount (price…

Q: What is the face value of a three-month promissory note dated June 18, 2018, with interest at 4.5…

A: The maturity value of the note will be equal to the face value (FV) plus the interest payments.

Q: The annual risk free rate is 0.03. We have the followin assets (on an annual basis). Expected return…

A: Portfolio sharp ratio is calculated as shown below. Sharp ratio=Portfolio expected return-Risk free…

Q: JDW Corporation reported the following for 20X1: net sales $2,929,500; cost of goods sold…

A: An income statement that divides total revenue and expenses into operational and non-operating heads…

Q: It is necessary to evaluate the profitability of proposed improvements to a process prior to…

A: The future value represents the expected worth of the present series of cash flows. It is estimated…

Q: Mr. A wants to receive a consistent amount from a bank that offers 60% nterest to be compounded…

A: Interest Rate = 6% Compounded Annually First Withdrawal after 5 years Time Period for years (T) = 4…

Q: How long would it take to double your money in an account paying 5% compounded quarterly? Ignoring…

A: FV = A * (1+r) n where , FV = future value A = Amount invested r = interest rate n =time period.

Q: 1. If the market-risk premium were 4% and a security's beta coefficient were 2.0, what would be the…

A: 1 ) Required rate of return = Risk free + Beta × Risk Premium Risk Free Rate = 6% Risk Premium =…

Q: (Present value of an annuity) What is the present value of the following annuities? a. $2,400 a year…

A: Present value of annuity is calculated by discounting all the future cash flows at a given discount…

Q: A fırm is considering the following alternatives, each with a five year life. What is the IRR of the…

A: The Internal rate of return is a capital budgeting metric which is used to measure the return on…

Q: Excel Online Tutorial Excel Online Structured Activity: Bond valuation You are considering a…

A: The price of the bond is the present value of a bond at which the buyer will be willing to buy the…

Q: 4. Assume the following depicts the country X's economy: 2003 2004 Working age population 168 171…

A: a) Participation rate : Labour force / Working age population x 100 2003 = 110/168 x 100 =…

Q: Fey Fashion paid the following dividends from 2013 to 2019: 2013 2014 2015 2016 2017 2018 2019 $1.00…

A: Please note that under Answering Guidelines only 1 question can be solved. Kindly repost the 2nd…

Q: You borrow 180000 for 12 years from a bank in order to renovate your flat. The effective interest…

A: Loan Amount = 180,000 Time Period = 12 years Interest Rate = 4.8%

Q: Vorst Buy Company has had a lot of complaints from customers of late, and its stock price is now…

A: Reverse stock splits the shares of the company are merged together to form large shares and hence…

Q: (Cost of debt) Gilan Stationery Corporation needs to raise $574,000 to improve its manufacturing…

A: Bond Valuation is a valuation technique that is used to find the market value of a particular bond.…

Q: Riesemberg Medical Devices is allocating next year's budget among its divisions. As a result, the…

A: The best or optimum mix of projects is one that results the maximum NPV while meeting the provided…

Q: Better Burgers reported the following numbers (in millions) for the years ending February 2021 and…

A: The retention ratio is the ratio of profit retained (for business) to net profit. the profit…

Q: Although the Chen Company's milling machine is old, it is still in relatively good working order and…

A: NPV (Net Present Value) is referred to as the difference between the PV of the cash inflows and also…

Q: (a) If the promotional budget is limited to $27,400, how many commercial messages should be run on…

A: Please note that under Answering Guidelines, only 1 question can be solved. Since multiple questions…

Q: Maria purchased a new farm machine she will use for her second crop. She paid P30,000 for it and…

A: Depreciation is the allocation of cost of asset over the useful life of the asset. It can be charged…

Q: O A risk-averse investor does not like risk and so would prefer to invest in the portfolio…

A: A rational investor wants more returns for a given level of risk or lower risk for a given level of…

Q: ❖ Problem 1 Using Microsoft Excel, create an investment cash-flow diagram that will have a present…

A: The present worth, also known as present value or NPV, is a financial metric that represents the…

Q: To calculate the number of years until maturity, assume that it is currently January 15, 2019. All…

A: Number of years= Jan 15,2024 - Jan15, 2019= 5Number of periods= number of years * 2 semiannual…

Q: Seatwork Suppose you invest Php 100,000 today to: ● ● After a year, ● Buy 40 PLDT stocks at Php…

A: Return on investment includes the dividend received during the holding period , interest received on…

Q: Texas Real Estate has 13.55% coupon bond that pays semiannually at the end of each period. The…

A: A bond is a kind of debt security issued by the government and private companies for raising funds…

Q: Suppose that the S&P 500, with a beta of 1.0, has an expected return of 14% and T-blls provide a…

A: Given Information: Expected return for beta value 1 is 14% Risk free rate is 5% Weights for two…

Q: Excel Online Tutorial Excel Online Structured Activity: Bond valuation You are considering a…

A: A bond is a debt instrument that takes a loan (in the form of the bond price) and repays the…

Question

Economic

One of the requirements for a monopoly is that
Select one:
a. The product cannot be produced by small
firms.
b. There is a unique product with no close
substitutes.
O c. Products are high priced.
O d. There are several close substitutes for the
product

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

ABC Corporation is the sole_providerof a particular service.in-the country.The government has-opened themarket for another competitorthrough an anti-monopoly law. Whatshould ABC-do? A. Assess how this would affect the business and determine whether it can improve production processes, lower costs, and improve its service.B. Purchase all available raw materials and prevent the competitor from having smooth operations.C. Identify its rights in the constitution to prevent the new competitor to exist.D. Reduce negative environmental and community impact through corporate social responsibility and persuade the government to not implement the law.
The restriction that manufacturers should not market a new product that is legally similar to that of another company's product is due to which public policy instrument? a. Copywrite b. Minimum standards for product warranties c. Anti- merger laws d. Patent laws
The reasons why a company might NOT engage in CSR iitiatives are because _______. It is only for large multi-national organisations. It might be viewed as misguided It is too expensive It reduces operating costs
Please all options information and correct answer
Please answer with reason for all why the option is correct and why the other options are incorrectPlease answer correct otherwise skip it
Which of the following statements about fair value is true? Fair value accounting is also known as "mark-to-market" accounting. O Level 3 inputs are observable market prices for similar assets in active markets. O Fair value is a measure of market-based entry value. O Level 1 inputs should be used to determine fair value only when Level 2 and Level 3 inputs are not available.
Wilson is currently producing a component for one of its products. Wilson has received an offer to buy the component from an outside supplier. A machine is currently being rented to manufacture the component. If the company buys the component, the rental will be cancelled. What is the rent on the machine, in relation to the decision to make or buy the component? Sunk and therefore not relevant Avoidable and therefore not relevant Avoidable and therefore relevant Unavoidable and therefore relevant
Ma3. 1) [One word answer].____________ A pool describes a quantity discount for buying multiple different products at the same time which collectively qualify for the discount level. Your answer: 2) [One word answer]. The planning canvas that includes "unfair advantage" is the______________ canvas. Your answer: 3) Which of these provides unlimited intellectual property protection, if properly handled? A. Industrial design B. Patent C. Copyright D. Trade secret
Which of the following might be used when a parent wishes to lower the apparent profitability of its subsidiary? a) dumping of products b) high transfer prices c) underpricing goods d) high exchange rates e) low transfer prices
1.What are the main arguments against the old definition (i.e. the one presented in Appendix A of AASB 3) of fair value? 2.What is the new definition of fair value? Explain the key parts to this definition. 3.Why has the IASB chosen to use exit price as the primary measure of fair value? 4.The existence of a market is very important to determining fair value. What factors would indicate an appropriate market exists?
Which of the following cost-saving actions can potentially result in a company gaining a sustainable cost advantage over rivals because the company's actions to cut costs cannot be detected by rivals from the information in either the FIR or the Comparative Competitive Efforts section of the CIR? Copyright O by Glo-Bus Software, Inc Copying, distributing, or 3rd pagy website posting isexpressly prohibited and constinutes copyright violation O Making it a company policy never to produce branded footwear with higher than a 3.0-star S/Q rating O Actions to escape paying any import tariffs Always delivering orders to retailers at the lowest possible cost Never offering a mail-in rebate Investing in production improvement option A to reduce reject rates by 50%, big reductions in the incentive bonus paid to production workers per non-defective pair produced, and never spending any money on corprorate social responsibility and citizenship
Requirements: a. Assume both Sawyer and Brown are new machine dealers and that the machines are still new. Also, assume that the exchange lacks commercial substance. At what amount will, Machine A be recorded on Brown’s books? b. Given the assumption in letter a, at what amount will Machine B be recorded on Sawyer’s books? c. Assume that instead of dealers, both Sawyer and Brown are machine manufacturers and use the machines in production. Assume the exchange lacks commercial substance. At what amount will Brown record machine A? d. Given the assumptions in C above, at what amount will Sawyer record Machine B? e. Given the assumption in no.3 above except in the fair values of Machines A and B are $504,000 and $450,000, respectively, at what amount will Brown record Machine A? f. Return to the original problem. Assume that Sawyer is a dealer selling new machines and that Brown is a manufacturer. Assume that the exchange has commercial substance. For this transaction, at what amount will…