Antitrust laws keep businesses from _____.

Answers

Answer 1
Answer: Forming monopolies and taking control of a market through vertical or horizontal integration (i.e., Standard Oil Trust headed by John D. Rockefeller).

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Original price 66.00 Brandon was tired of singing to himself. Brandon saw that a hand-held music player was marked down of the original price. If the item was marked up by 1/2 before it was place on the sales floor, what was the price that the store paid for the music plauer? (Hint: You need to use the original price from the previous problem.) A. $42.67 B. 62.00 C. $56.89 D. 55.00
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Why are the factors of production necessary for the production of goods and services?
Discuss how an increase in unemployment rate may not harm an economy

A person studying economics can make better choices about purchases if that person understands

Answers

If that person understand consequences

In Economics, Consequences refer to how one economic decision will affect other circumstances

For example if that person could foreseen how purchasing a specific machine could increase his overall revenue in the next 5 years, so he gain more than what he loss

Answer:

A person studying economics can make better choices about purchases if that person understands consequences and tradeoffs.

The Harvest County School Board is concerned about deteriorating school facilities, combined with a shrinking budget. The board began by studying the issue, and then identified parents, children, teachers, staff, and taxpayers as groups who have a vested interest in the problem. The school board has listened to each group's concerns. In the Ethical Decision-Making Framework, its next action should be to a. identify issues of concern to lawmakers.
b. assess impact of its actions beyond the classroom.
c. engage in brainstorming and evaluate alternatives.
d. choose a course of action.

Answers

Answer:

The answer is: C) engage in brainstorming and evaluate alternatives.

Explanation:

The Ethical Decision-Making Framework consists of five steps:

  1. Recognize the issue
  2. Get the facts
  3. Evaluate alternatives
  4. Make a choice
  5. Reflect on your decision.

Currently the school board has taken steps one and two, and needs to start working on step three.

Step three requires the school board to come up with different alternative actions and evaluate them. They should consider ethical standards when evaluating the possibilities.

Paul Solomon is the owner of Solly's, an upscale restaurant in Tampa, Florida. Each year, Paul spends about $150,000 in advertising. As this year's ad budget decision must be made, Paul decides that he wants to know just how good his advertising dollars are working for him. He hires Getty Research Associates who recommend that he establish a baseline of awareness. Getty recommends a TOMA study which stands for Top-of-Mind-Awareness. TOMA studies consist of taking a probability sample of the population and asking respondents to name the first three "insert type of business here." Obviously, for Solly's, Getty would be asking respondents to name the top three restaurants in the area. The percentage of respondents that named Solly's would be a baseline measure of awareness, and future promotions could be evaluated in terms of whether or not they increased awareness. While Paul was intrigued with online surveys because they were fast and less expensive, Getty recommended a traditional telephone survey using the local Tampa directory. Getty also explained to Paul that "Plus One dialing" could be used to ensure that unlisted numbers were included. Though the directory was quite large and no electronic version was available, Getty felt they could efficiently draw the sample using a:A) simple random sampleB) judgement sampleC) stratified sampleD) cluster, area sampleE) systematic sample

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Answer:

E. systematic sample

Explanation:

Base on the scenario been described in the question, Paul Solomon the owner of Solly's, an upscale restaurant in Tampa, Florida, wants to know how good his advertising dollars is work, he hires Getty research to do this, Getty research advised to do a TOMA study, for Getty to draw it samples, they have to use systematic sampling.

Systematic sampling is a statistical method sampling that involves the selection of elements or members from a well ordered sampling frame.

Which of the following parties is typically the shortest and least expensive? A. A reunion B. A holiday party C. A cocktail party D. An anniversary party

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The answer is the cocktail party. When you say cocktail party, it is a small party that has a little food or even just drinks. It is only for few hours maybe longest will be 4-6 hours to finish this kind of party. And since it does not include too much money, it is the least expensive.

Which of the following is an example of a strength of using a database?Databases only allow one person to access data at a time, which reduces user error.

Databases only allow local access, which reduces the threat of information being stolen.

Databases increase the power of the operating system, which can make your work faster.

Databases can be used to track information related to your business, which could increase profits.

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D, Databases can be used to track information related to your business, which could increase profits; This is the primary purpose of a database so this would be the best answer.

Gupta Industries received a $350,000 prepayment from Packard Associates for the sale of new equipment. Gupta will bill Packard an additional $105,000 upon delivery of the equipment. Upon receipt of the $350,000 prepayment, how much should Gupta recognize for a contract asset, a contract liability, and accounts receivable

Answers

Answer:

$0 ; $350,000 ; $105,000

Explanation:

Given that

Received prepayment = $350,000

Additional billed amount = $105,000

So by considering the above information, the contract asset and the account receivable are zero while the contract liability is $350,000 because it is advanced from the customer so it would be treated as a current liability. Therefore, the amount of contract asset and the account receivable is zero