A market can be too small if its limits the size of the firm to an output level that is below economic capacity in the long-run Select one: O True O False

Answers

Answer 1

The answer is that the statement is TRUE. If the market is too small, it will limit the size of the firm to an output level that is below economic capacity in the long run. This statement means that if the market is small, the firms will not be able to produce to their potential, and this will lead to losses.

A small market will limit the firm's capacity for production in the long run, and the demand for its products will remain constant. If the firm's production is below economic capacity, the long-run average cost will increase. This can lead to an inefficient allocation of resources, which can result in the exit of firms from the market. The best way to avoid these problems is to enter into larger markets where economies of scale can be achieved, which will result in higher production capacity.

If the market is too small, it will limit the size of the firm to an output level that is below economic capacity in the long run. A small market means that the firm's capacity for production will remain restricted, leading to losses. The demand for its products will remain constant. If the firm's production is below economic capacity, the long-run average cost will increase. This can lead to an inefficient allocation of resources, which can result in the exit of firms from the market. Entering into a larger market where economies of scale can be achieved will result in higher production capacity, avoiding these problems.Entering a larger market will offer benefits like reaching more customers and having more resources. Large markets will provide the opportunity for firms to produce to their potential, leading to higher revenue. So, a market can be too small if it limits the size of the firm to an output level that is below economic capacity in the long run. Firms that enter into large markets will achieve economies of scale and reach a higher production capacity, which will result in higher profits.

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Related Questions

when establishing working hours, the superintendent must consider which of the following? surrounding businesses and homes. traffic patterns and general site access weather conditions, like extreme heat or cold all the above quilet

Answers

When establishing working hours, the superintendent must consider all the following factors: surrounding businesses and homes, traffic patterns and general site access, and weather conditions like extreme heat or cold. The correct answer is D.

Considering surrounding businesses and homes is crucial to minimize disruptions and maintain good relationships with neighbors. By being mindful of nearby businesses and residences, the superintendent can set working hours that are respectful and conducive to community harmony.

Traffic patterns and general site access are also important to ensure the smooth flow of construction personnel, materials, and equipment. The superintendent should be aware of peak traffic hours and adjust working hours accordingly to reduce congestion and maintain efficiency.

Lastly, weather conditions, such as extreme heat or cold, play a significant role in the safety and productivity of construction workers. The superintendent must take into account these factors when setting working hours to protect workers from potential health risks and maximize productivity.

In conclusion, the superintendent must carefully evaluate all the above factors when establishing working hours to promote efficiency, safety, and harmony with the surrounding community.

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Complete question:

when establishing working hours, the superintendent must consider which of the following?

a. surrounding businesses and homes.

b. traffic patterns and general site access

c. weather conditions, like extreme heat or cold

d. all the above

Lilly, Briah, Chloe, and Terry are the directors and equal shareholders of Fantastic Holidayz Pty Ltd, a company that runs an exclusive airline company and operates in several high-rise office buildings in Melbourne. Briah is the Managing Director and Terry is the Chief Financial Officer. Lilly and Chloe are non-executive directors. The Company has adopted a written constitution which contains the following clauses: (36) A directors' meeting may be called by a director giving reasonable notice individually to every other director (37) Quorum for directors' meetings is four directors and the quorum must be always present during the meeting (42) A resolution of the majority of directors may resolve to remove another director of the company. Business is booming, and Fantastic Holidayz has made a great deal of money over the last few years. However, the Board of Directors have rejected Lilly's proposal to declare a dividend for the last 7 years in a row - and she is getting fed up. The other directors always outvote her, arguing that it is better to keep the profits in reserve and continue to expand the business. Terry is currently investigating the possibility of opening further destinations to their itinerary In October 2017 Lilly was overseas for a family funeral and on her return to Melbourne, she discovers that the other directors have met and passed resolutions to remove her as a director of the company. Lilly did not receive any notice of the director's meeting. In another resolution, the remaining directors voted to pay themselves $500,000 in bonuses - equating to the entire year's profit. Lilly is angry that she has been removed and not paid a bonus and comes to you for your professional advice and opinion. Further, Fantastic Holidayz has a longstanding agreement with several travel agencies, and in January 2018, Fantastic's financial accounts showed that one agency owed the company $85,000, and there was no applicable security Recently, Lilly discovered that by June 2018 the debt owing to Fantastic Holidayz had blown out to $200,000. Terry had approved additional credit without the knowledge of the other directors. He did this, even though the agency had been taking a long time to pay its overdue account. Additionally, there are now rumours that are insolvent, but this cannot be proven. REQUIRED: 1. Discuss whether Lilly can bring any action to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses? (5 marks) 2. Advise Lilly about the process and potential outcomes if the travel agency is placed into voluntary administration - and any implications of this on Fantastic Holidayz. (5 marks) 3. Advise Lilly about whether Terry has breached any of his statutory duties as a director of Fantastic Holidayz. Include in your answer the consequences of a breach of duty, whether Lilly could bring an action for compensation on behalf of the company against Terry, and whether there are any defences available.

Answers

It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.

1. Lilly's Challenge to Dividend Denial and Bonus Payment:

Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:

a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.

b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.

c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.

Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.

2. Travel Agency in Voluntary Administration:

If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:

a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.

b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.

For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.

3. Terry's Breach of Director's Duties:

Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:

a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.

b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.

c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.

d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.

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what is the meaning of market variable in maketing​

Answers

Answer:

market is for people low budget and the markering is people qho want earn money in online

What responsibilities does a parent have in an American school system?

Answers

To make sure that their kid stays on task with all of their work and make sure that the kid attends school everyday
Make sure student does homework, stays on task, and does not get side tracked

1. Economic growth results from a/an A. decrease in quality of resources. B. decrease in quantity of resources. C. increase in capital depreciation. D. increase in volume of innovations​

Answers

Answer:

D. increase in volume of innovations.

Explanation:

The management of Uhuru Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $875,000. It had net cash provided by operating activities of $734,000, paid cash dividends of $92,000, and had capital expenditures of $310,000. (a2) Discuss whether an increase in the dividend appears warranted. What other factors should be considered

Answers

To determine if an increase in dividend appears warranted, we must use the payout ratio formula which is the ratio of dividends paid out to the earnings of a company. These factors include :

i) Future financial obligations of the company

ii) Business growth prospects

iii) Cash flow generation capacity of the company

iv) The liquidity position of the company

v) Stock price trends

Let's calculate the payout ratio of Uhuru Inc. Using the data given, we can find the payout ratio as follows; Payout ratio = Cash dividends paid / Net Income Payout ratio = 92,000 / 875,000 = 0.105 = 10.5%This means that Uhuru Inc. currently pays 10.5% of its earnings as dividends. This payout ratio of 10.5% is relatively low which suggests that there is room for dividend growth. However, there are some other factors that the management should consider before increasing the dividend.

The company should also consider the views of its stakeholders including investors, employees and lenders. By considering these factors, Uhuru Inc. can make an informed decision regarding increasing its dividend.

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pricing is the only element of the marketing mix which gives a)rupee b) cost c) price d) sales revenue​

Answers

A....sorry if I’m wrong

in the year of an intra-entity asset transfer at a price in excess of the asset's carrying amount, the Consolidation Entry TA
a. ensures the exclusion of the intra-entity gain in the consolidated income statement
b. increases accumulated depreciation for the amount of the intra-entity gain
c. restores the amount of accumulated depreciation removed when the sale was recorded on the selling entity's books
d. restores the historical cost balance for the transferred asset

Answers

In the year of an intra-entity asset transfer at a price in excess of the asset's carrying amount, the consolidation entry TA restores the historical cost balance for the transferred asset.

When an intra-entity asset transfer occurs at a price higher than the carrying amount of the asset, it results in an intra-entity gain.

The consolidation entry TA, which stands for "Transfer Adjustment," is used to adjust the financial statements during the consolidation process.

The purpose of the TA entry is to eliminate the effects of the intra-entity gain in the consolidated financial statements.

It ensures that the gain is not recognized in the consolidated income statement (option a), as it represents a gain realized within the entity and not from transactions with external parties.

The intra-entity gain is typically excluded to avoid double counting and to provide a more accurate representation of the group's overall financial performance.

Instead of increasing accumulated depreciation (option b), the TA entry does not directly impact the accumulated depreciation balance. It focuses on restoring the historical cost balance for the transferred asset (option d).

This means that the carrying amount of the asset is adjusted to its original historical cost, removing any effects of the intra-entity gain.

By doing so, the consolidated financial statements reflect the asset's original value as if it had been initially acquired from an external source.

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the focus of early stages new venture development is to
Early-stage is a term used to characterize a startup business venture. It generally concerns the phase of startup development generally preceding the rapid growth phase. The early stage is characterized by activities such as research development marketing research and product business development.

Answers

At first look, it may appear impossible to categorise the issues and trends in small business growth in a way that is useful to entrepreneurs.

What phase of a fresh venture is it in?

An early-stage business initiative is one that is just getting started. It usually relates to the startup development stage that comes before the quick expansion stage. Research development, marketing research, and product business development are examples of early stage activities.

What is the name of the phase where an entrepreneur decides on the future expansion and advances of a venture?

Harvesting: The final stage of this process is harvesting, during which an entrepreneur decides how the business will expand and develop in the future.

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Antitrust enforcement focuses on market structure, while government regulation deals with all of the following except...


A. Profits
B. Prices
C. Perfect competition
D. Output

Answers

Antitrust enforcement focuses on market structure, while government regulation deals with all of the following except profits. Option A.

Government regulation and antitrust enforcement are two methods of controlling businesses' activities that can lead to market failure. These approaches have a long history of being used in tandem to regulate the economy, dating back to the passage of the Sherman Antitrust Act of 1890.

The objective of antitrust enforcement is to ensure that businesses do not become too powerful in a given market or industry, which might result in anti-competitive conduct. As a result, it is more concerned with market structure than with any particular business.

The goal of government regulation, on the other hand, is to limit the negative consequences of commercial activity by enforcing rules. Prices, perfect competition, and output are examples of such rules, which aim to regulate a range of business practices, including monopolies and pollution.

Therefore, Antitrust enforcement focuses on market structure, while government regulation deals with all of the following except profits.

Hence, the right answer is option A. Profits.

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Please help me where can I find an app that helps me more about Business and becoming a business man please help thank you have a great rest of your day:)

Answers

1.]    Gusto   "Small business owners with a team to run may find Gusto a lifesaver."

2.]  Scanner App.  "This free app for small business lets you send documents and forms on the go."

 3.]  Square. "Square is the payment app for small business right now."

  4.] Wunderlist. ...

   5.]LinkedIn. ...

   6.]PicMonkey. ...

  7.] Shopventory. ...

  8.] TripIt.

these are all ranked gusto being the best and 8 being good but not as good as the top 3

Any object that you can used to pay for goods or services can be classified as money.
True
False

Answers

Answer:

True

Explanation:

False, trading currency is not the same as trading goods or services; that’s called bartering not buying or selling

in 2019, online retail sales reached over $365 , or approximately percent of all retail sales.

Answers

In 2019, online retail sales reached over $365 billion, or approximately 11.5% of all retail sales.

This is a significant increase from the previous year when online retail sales were estimated to have reached around $341.7 billion. This increase can be attributed to a number of factors, including the rise of mobile commerce, increased access to broadband internet, and the growth of social media as a platform for marketing and sales.

Additionally, the proliferation of e-commerce platforms such as Amazon, eBay, and Alibaba have made it easier for businesses to reach new customers, and for customers to purchase products and services with greater convenience.

Overall, these trends have helped to drive the growth of online retail sales and demonstrate the potential for continued growth in the future.

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Ginger borrowed $3,000 from the bank, and promised to pay it back in 10 years. What is her debt maturity?
A. 3 years
B. 10 years
C. 5 years​

Answers

The second option, debt maturity 10 years, is the correct one.

What exactly is debt maturity?

Maturity refers to the number of years remaining until the original maturity period, which is the sum of the grace and installment periods. The grace period for principal is the time between signing the loan or issuing the financial instrument and the first repayment of principal. Debt maturity structure can have financial and real-world consequences. Short-term debt, typically defined as debt maturing within a year, exposes depositors to rollover risk (when financing terms are renegotiated to the borrower's detriment) and is associated with banking meltdown.

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Which of the following best describes the law of supply and demand?
A. When a desirable product or service is plentiful, its value increases.

B. Businesses can charge extra for products that people use every day.

C. When there is a high demand for a product, it is hard to supply.

D. When a desirable product or service is scarce, its value increases,

Answers

Answer:

d is you answer

Explanation:

Answer:

D. When a desirable product or service is scarce, its value increases.

Explanation:

Because more people want a product that there is less of, meaning they will raise the price.

In the demand for agricultural products have failed to keep pace with technologically created increases in the supply of said products are called:_______

Answers

The demand for agricultural products has failed to keep pace with technologically created gains in the collection of said products called an agricultural surplus.

An agricultural excess occurs when the supply of agricultural developments surpasses the market for them, directing to a surplus of crops. This can result in lower expenses for farmers and problems in selling their products, as well as probable environmental and social impacts.

An agricultural production that surpasses the demands of the community for which it is being created, and may be shipped or reserved for future times. Medium and large agriculturalists sell the excess produce to need and have good returns.

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One of the purposes of studying economics is to understand the

Answers

Answer:

Individuals, businesses and governments are all faced with making choices in situations where resources are scarce. This is where a knowledge of Economics is vital. Economics applies to most aspects of everyday life. By studying Economics you will examine topics of obvious importance to human well-being.

Explanation:

Answer:

D: principles that influence the production of goods and services.

Explanation:

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Calculate the operational cost xyz : Installed data 7) N/. Capital r/ Rate (U) Ranning (u) اره cost electricity generation, and plant use Sactor power plant having following 300 MW capacity of plant 91000 Crove) tion cost = 12 % 6 load factor interes T and 6 cont (juelt taxation) = 60%

Answers

The operational cost of a power plant is a critical factor to consider when deciding whether to invest in the power plant or not. The operational cost of a power plant comprises of installation, running, and electricity generation costs. The following is a calculation of the operational cost of the XYZ power plant.

Maintenance cost is the cost of maintaining the power plant, and repair cost is the cost of repairing the power plant. Assuming that the running cost of the XYZ power plant is 0.25 crore per MW, then:

Running cost = (Fuel cost + Labor cost + Maintenance cost + Repair cost) * (300 * 0.6)

Electricity Generation Cost The electricity generation cost refers to the cost of generating one unit of electricity. The formula for calculating the electricity generation cost of a power plant is as follows:

Electricity generation cost = (Running cost + Interest + Depreciation + Taxation) / (Capacity of the plant * Load factor * 365 * 24)

A Total operational cost = Capital cost + (Electricity generation cost * Units generated)

Units generated = Capacity of the plant * Load factor * 365 * 24 * Power factor

Assuming that the power factor of the XYZ power plant is 0.9, then: Units generated = 300 * 0.6 * 365 * 24 * 0.9

Units generated = 1,576,640,000 units

Total operational cost = 1050 + (1.63 * 1,576,640,000)

Total operational cost = 2571.88 crore

Therefore, the operational cost of the XYZ power plant is 2571.88 crore.

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Which source document tells me what goods are in the box? A) Picking Slip B) Sales Invoice C) Receiving Report D) Sales Order E) None of these.

Answers

A) Picking Slip. The source document that tells you what goods are in the box is the Picking Slip.

A packing slip is a piece of paper used while selecting and packaging products for delivery to clients. It usually comprises a list of the things that need to be chosen, how many of each, and where they are in the warehouse. The warehouse workers will use this document, which was created from a sales order, as a reference to find and collect the products from the shelves. Once the products have been selected, they are packaged into a box or container together with the packing slip to verify that the buyer receives the exact things. As a result, the packing slip, which identifies the precise products that were chosen and packaged for the customer's purchase, is the document that first informs you of the contents of the box.

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The transactions of the Blue Spruce Store are recorded in the general journal below.

Accounts Receivable
3,000
Service Revenue
3,000

Cash
3,900
Service Revenue
3,900

Rent Expense
1,800
Cash
1,800

Cash
1,750
Accounts Receivable
1,750

How do I turn these into T-Accounts and compute the balances?

Answers

When given the transactions of Blue Spruce Store and you need to convert them to T-accounts, you need to debit the expenses and assets and credit the revenue.

How to make T-account?

You will need to make the following accounts:

Cash account Service revenue accountAccounts receivable account

All cash entries will be debited to the cash account and if they are for cash sales, they are to be credited to the service revenue account.

Entries that were made on credit will be debited to the Account receivable account and credited to Service revenue. Add the entries to find the balances.

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similarities between large scale and small scale retailers​

Answers

1) Wholesalers –
These are the organisations that buy and resell products to other resellers like retailers, other merchants or to industrial buyers, and not in significant amount to end users. They take title to the products they trade in. They buy the products in large quantities and break down the bulk basis the requirement for distribution to retailers, etc. They provide range of services to buyers as well as manufacturers like transportation, buying on credit, etc.


2) Retailers –
Retailers sell products/ goods to final consumers for consumption or use. Retailers buy the products from different sources like manufacturers, wholesalers, traders, etc. basis the need and want in the market. They are considered the final link with the consumer in the marketing/ distribution channel. Most of the retailing in retail stores though new concept of retailing called non-store retailing is becoming popular. It is direct selling to customers via infomercials, telecalling, internet selling, ecommerce, direct mail, personal selling, etc.

assume that cullumber company will continue to use this copyright in the future. as of december 31, 2020, the copyright is estimated to have a remaining useful life of 10 years.

Answers

Over the course of the copyright's useful life, cash inflows will total $8,630 in current value. This value can be used by Cullumber Company to calculate the value of the copyright as of December 31, 2020.

To determine the copyright’s value at December 31, 2020, one can estimate the present value of the cash inflows that are expected from the copyright over its useful life. By estimating the present value of these cash flows, Cullumber Company can determine how much the copyright is worth on December 31, 2020.

The estimated present value of cash inflows from the copyright over its useful life can be calculated by using the following formula:

Present value of cash inflows = Cash inflow x Present value factor

Present value factor is a present value of $1 factor for n periods at r% interest. This factor can be obtained from the present value tables. The present value factor for n periods at r% interest is the reciprocal of the future value factor for n periods at r% interest. The formula for present value factor is given as:

Present value factor = 1 ÷ (1 + r)n

To illustrate, let’s say the expected cash inflows from the copyright is $10,000 per year, and the interest rate is 8%. Since the useful life of the copyright is 10 years, we will need to calculate the present value factor for 10 periods at 8% interest.

Present value factor = 1 ÷ (1 + 0.08)10Present value factor = 0.4632Using the present value factor of 0.4632, we can then calculate the present value of cash inflows for each year over the copyright’s useful life. The present value of cash inflows is calculated as follows:

Year 1: $10,000 x 0.4632 = $4,632

Year 2: $10,000 x (0.4632)2 = $2,145

Year 3: $10,000 x (0.4632)3 = $993

Year 4: $10,000 x (0.4632)4 = $459

Year 5: $10,000 x (0.4632)5 = $212

Year 6: $10,000 x (0.4632)6 = $98

Year 7: $10,000 x (0.4632)7 = $45

Year 8: $10,000 x (0.4632)8 = $21

Year 9: $10,000 x (0.4632)9 = $10

Year 10: $10,000 x (0.4632)10 = $5

The total present value of the cash inflows over the copyright’s useful life is $8,630. By computing this value, Cullumber Company can determine how much the copyright is worth on December 31, 2020.

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If you are projecting your future financially, what are your
doing?
Risking
Forecasting
Managing
Expanding

Answers

Answer:

Forecasting

Explanation:

Because a weather forecast looks ahead for weather. You are forecasting your financial future

Which one of the following is most likely to result in an increase in producer surplus in the market for cow's milk? (WITH EXPLANATION PLEASE)
A) consumers switching from cow's milk to soya milk
B) health care highlighting problems of consuming cow's milk
C) an advert highlighting the benefits of cow's milk
D) an increase in indirect taxes charged on cow's milk

Answers

A because if the firm is switching from cow milk to soya milk, suppler will be threatened and will be motivated to produce in large supply

ian gonna need these so here

Answers

Answer:

hi

Explanation:

Under which of the following situations is a strategy for the timing of deductions most beneficial? (Check all that apply.)
- When tax deductions can be accelerated without accelerating the cash outflow
- When tax rates are high
- When the transaction is large
- When the taxpayer is earning a high rate of return

Answers

A strategy for the timing of deductions is most beneficial under the following situations: when tax deductions can be accelerated without accelerating the cash outflow, when tax rates are high, and when the transaction is large.

Accelerating tax deductions without accelerating cash outflow helps to lower the current tax liability while preserving cash flow.

When tax rates are high, maximizing deductions can result in significant tax savings. Additionally, large transactions generally have a greater impact on taxable income, so timing deductions effectively can have a substantial effect on taxes owed.

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David has just joined a new company. His employer offers a number of different insurance policies as one of its employee benefits. For example, his employer’s (1) insurance covers prescription drugs and immunizations. David will also be receiving (2) insurance at no cost from his employer.

Options for 1: casualty, health, life
Options for 2: automobile, disability, renters

Answers

Answer:

Health; automobile.

Explanation:

In Insurance, risk tolerance refers to the willingness of an individual or organization to take a risk in business transactions in order to get a potentially positive reward.

Simply stated, risk tolerance in insurance is the willingness of an insured individual to increase his or her Self-Insured Retentions (SIRs) or deductibles by the insurer. For instance, the high risk associated with investments such as stocks, high-yield bonds, is often perceived by investors to be worth the higher reward such investment brings.

Generally, insurance companies across the globe charge millions of their customers (insured) premiums every year. This gives them the privilege of having a pool of cash which can be used to cover the cost of losses and destruction to the asset of a small fraction or percentage of its customers.

This simply means that, since insurance companies collect premium from all of their customers for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.

In this scenario, David has just joined a new company. His employer offers a number of different insurance policies as one of its employee benefits. For example, his employer’s health insurance covers prescription drugs and immunizations. David will also be receiving automobile insurance at no cost from his employer.

Answer:

Health and Disablilty

Explanation:

I just took the test

From the perspective of the ____, the price at which a unit is exchange is the marginal cost of that unit

Answers

Answer:

From the perspective of the SELLER, the price at which a unit is exchange is the marginal cost of that unit

Question #1
Multiple Choice
What is it called when a small number of companies control more than 40 percent of a market?
O monopoly
O oligopoly
O competitive market
duopoly
Question # 2
Fill in the Blank

Answers

Answer:

Oligopoly.

Explanation:

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.

The characteristics of an oligopolistic market structure are;

1. Mutual interdependence between the firms.

2. Market control by many small firms.

3. Difficult entry to new firms.

According to the concentration ratio, when a small number of companies control more than 40 percent of a market, it is called an oligopoly.

I WILL GIVE BRAINLIEST!!!
A wholesaler-especially one that promotes as well as physically distributes
products or that has an exclusive agreement is often called a
O A distributor
B. manufacturer's sales branch
O C. broker
D. drop shipper

Answers

Answer:

A .  Distributor

Explanation:

I just had this question lol >.<

- mark me brainliest :0

A distributor acts as a link in the supply chain or distribution channel between a manufacturer, who produces a product, and an entity further down the line. The downstream company can either be a wholesaler or retailer, known as a value-added reseller (VAR).

Thus, option A is Correct.

What is the distributor's procedure?

A distributor purchases products from a producer and sells them to customers, occasionally via stores in the distribution channel. Distributors can sell goods directly to consumers or to other firms, depending on the good or service.

A distributor is a company that buys non-competing products or product lines and resells them to customers directly. The majority of distributors also provide a range of services, including service, technical support, and warranty protection. Distributors are essential in assisting manufacturers in reaching markets that they would not otherwise be able to approach.

For more information about the distributor refer to the link:

https://brainly.com/question/28104186

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