Chapter 7 Competition and Policies towards Monopolies and Oligopolies‚ Privatization and Deregulation Suggested Answers to the Review Questions I. Questions 1. Pure monopoly refers to the case where: a) there is a single firm selling the commodity‚ b) there are no close substitutes for the commodity‚ and c) entry into the industry is very difficult or impossible. If we further assume that the monopolist has perfect knowledge of present and future prices and costs‚ we have perfect monopoly
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of cash as of June 30 by $31‚677. This could be the result of the company making sales for cash or making purchases on credit which would explain the increase in accounts payable. Also‚ payments of insurance were credited from prepaid insurance resulting in no cash being removed from the account. 2. Accounts Receivable: There is an increase in accounts receivable as of June 30 by $4‚707. This could be the result of the company making sales on credit. 3. Supplies on hand: There is an increase
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International Operation : A Fundamental feature of a multinational corporation is that in such a corporation‚ control resides in the hands of a single institution. But its interests and operations sprawl across national boundaries. The Pepsi Cola company of the U.S operates in 114 countries. An MNC operates through a parent corporation in the home country. (3) Oligopolistic Structure : Through the process of merger and takeover‚ etc.‚ in course of time an MNC comes to assume awesome power. This coupled
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INTROUCTION The iPremier Company is an e-commerce company that sells luxury and rare items on the internet to high-end (rich) customers. It has become one of the top two organizations in its line of business. In the dotcom crash of 2000‚ iPremier was one of the few companies that survived because of the cash flush due to the recent public offering in 1999. The reason of maintain the company stable In the year 2009 iPremier faced its second biggest crisis since the dotcom crash of 2000 as it
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C) Increasing government spending D) Increasing taxes on capital goods Answer: A 2) Assume that the full-employment level of output is $5000 billion and the natural unemployment rate is 5%. Suppose the current unemployment rate is 8%. What would be the current level of output according to Okun’s law (when the Okun’s law coefficient is 2)? A) $4500 billion B) $4700 billion C) $4900 billion D) $5300 billion Answer: B 4) Endogenous growth theory attempts to A) replace the Solow model
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zzz1. The Physical Layer of the OSI model is responsible for: a) establishing‚ maintaining and terminating connections across the intervening network b) reliable transfer of information across the physical link c) data units are delivered error free‚ in sequence‚ with no losses or duplications d) all of the above e) none of the above 2. An example of an application layer protocol is a) HTTP c) UDP e) None of the above b) HDLC d) TCP 3.Techniques for transmitting a digital signal over an
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(S) Human resource management Staffing: This company have more than 50 employees who experience in designing and manufacturing process and clerk. b) Internal Weaknesses (W): Weak or unrecognized company. The issue in company In this company‚ the issue is when the product and company service not to be more familiar to general and it only know by one district only. According to this issue‚ this issue can be effect if Achik’s company want to enlarge and open more branch to another
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points | | | Why did the arts develop in Mesopotamia?Answer | | | | | Selected Answer: | As celebrations of the priest-kings’ power | Correct Answer: | As celebrations of the priest-kings’ power | | | | | Question 2 2 out of 2 points | | | What did lost-wax casting enable the Mesopotamian sculptors to create?Answer | | | | | Selected Answer: | Larger and more lightweight bronze pieces | Correct Answer: | Larger and more lightweight bronze pieces | | |
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out of 2 points | | | Viral host range is limited by Answer | | | | | Selected Answer: | Type of host cell receptors on cell membrane | Correct Answer: | Type of host cell receptors on cell membrane | | | | | Question 2 2 out of 2 points | | | Which type of microscope achieves the greatest resolution and highest magnification? Answer | | | | | Selected Answer: | Electron | Correct Answer: | Electron | | | | | Question 3 2 out of 2
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optimal security architecture for the selected business scenario. Sunica Music and Movies will be implementing the best and affordable security measure and disaster recovery plan that is available. Our company will install the best firewall and security that will ensure that our customers and our company data are protected. We seek to maintain and recruit customers. We will always maintain confidentiality‚ availability‚ intertgity. By doing so‚ we shall and will keep the best computer systems and security
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