Answer:
Explanation:
At the equilibrium price, the quantity that buyers want to acquire is equal to what the sellers want to sell.
Major-league baseball clubs can be considered profit-maximizing monopolies if they operate in the elastic portion of their demand curve, as suggested by Alexander (2001). This is a relevant test because if a firm is operating in the elastic portion of the demand curve, it can raise its price and increase profit. Revenue is maximized when elasticity equals minus−1 . Thus, the correct answer is option A.
According to Alexander, if a firm is operating in the elastic portion of its demand curve, it is likely to be a profit-maximizing monopoly. This is because the firm can raise its prices and still increase its profit, as demand is more sensitive to price changes in the elastic portion of the curve.
If a baseball club were maximizing revenue, the elasticity would be -1. This means that the club would need to set its price at a point where a small increase in price would lead to a proportional decrease in demand. This would enable the club to maximize its total revenue.
Therefore, based on Alexander's test, it can be argued that major league baseball clubs are profit-maximizing monopolies, as they have significant control over ticket prices and operate in the elastic portion of their demand curve.
To know more about monopolies refer here:
brainly.com/question/29765560#
#SPJ11
Complete Question:
Are major-league baseball clubs profit-maximizing monopolies? Some observers of this market have contended that baseball club owners want to maximize attendance or revenue. Alexander (2001) says that one test of whether a firm is a profit-maximizing monopoly is to check whether the firm is operating in the elastic portion of its demand curve (which he finds is true).
Why is that a relevant test? What would the elasticity be if a baseball club were maximizing revenue?
A. If a firm were operating in the elastic portion of the demand curve, it could raise its price and increase profit. Revenue is maximized when elasticity equals minus−1.
B. If a firm were operating in the inelastic portion of the demand curve, it could raise its price and increase profit. Revenue is maximized when elasticity equals minus−1.
C. If a firm were operating in the elastic portion of the demand curve, it could raise its price and increase profit. Revenue is maximized when elasticity equals 0.
D. If a firm were operating in the inelastic portion of the demand curve, it could raise its price and increase profit. Revenue is maximized when elasticity equals 0.
Answer: The answer is Keywords.
Explanation: Keywords are the words and phrases in a particular website that make it possible for people to be able to find the website when using search engines.
For example, typing "interview questions" into a search engine will bring up a bunch of websites who have used the keywords "interview questions" in their website.
Therefore, in order for Donald in the scenario above to optimize search engine results, he should incorporate important keywords that pertain to the news release that are to be distributed.
Answer:
Key Risk Indicators (KRIs) are:
a. **Indicators of internal control quality**: Partially true. KRIs are used to measure the potential risk and thus can indicate the effectiveness of internal controls. However, they are not direct measures of control quality.
b. **Substantively equivalent to KPIs**: False. While both KRIs and Key Performance Indicators (KPIs) are important business metrics, they serve different purposes. KPIs measure performance towards goals, while KRIs measure potential risks that could prevent reaching those goals.
c. **Predictive and usually quantitative**: True. KRIs are typically quantitative metrics that can help predict potential risks.
d. **Used primarily by risk-aware, risk-averse entities**: True. Organizations that are aware of potential risks and want to mitigate them often use KRIs to monitor risk levels.
Please note that the exact use and definition of KRIs can vary depending on the organization and industry.
Explanation:
Key risk indicators (KRIs) are predictive and quantitative indicators used primarily by risk-aware, risk-averse entities to assess and monitor potential risks in a business or organization.
Key risk indicators (KRIs) are predictive and quantitative indicators used primarily by risk-aware, risk-averse entities to assess and monitor potential risks in a business or organization. They help in evaluating the effectiveness of risk management strategies and identifying areas of concern that may require attention.
KRIs are not indicators of internal control quality, as they focus on identifying potential risks rather than evaluating the quality of internal controls. They are also different from Key Performance Indicators (KPIs), which measure the performance and progress of a business in achieving its goals.
For example, in a financial institution, a KRI could be the percentage of loans in default, which indicates the potential risk of loan defaults and the need for risk mitigation measures. Another KRI could be the frequency of cybersecurity incidents, which helps assess the potential risk of data breaches and guides the implementation of appropriate security measures.
#SPJ11
Answer:
The statement is incorrect, the answer is False.
Answer:
False is the correct answer.
Explanation:
A pension plan is a retirement plan that needs an employer to make contributions to a pool of funds set aside for a worker's future benefit. In this case, it is false that if a pension plan has not established an irrevocable trust to account for defined benefit pension plan contributions and distributions, a government participating in the plan would report its net pension liability in its proprietary fund and government-wide financial statements.
B. money market
C. primary market
D. secondary market
Answer:
C. primary market
Explanation:
The primary markets also known as financial asset issuance markets, are physical or virtual-electronic places where the collection of public funds by a company is made, through the issuance of new securities. That is, investors obtain newly created securities, which they acquire directly from the issuer (as opposed to secondary markets, in which previously issued securities that were held by other investors are traded).
However, purchases or sales of securities that were already in circulation, when made through a public offering, are also considered primary market operations.
The primary market is right because there are some financing claimants, the issuers of the securities, which require capital and who can try to obtain it through the issuance of securities. These values may be capital (equities) or debt (fixed income).
In the first case, variable income assets are issued, which may pay dividends in the future to the owners of the shares, whose value will be negotiated in the secondary market, suffering variations over time, so, of some form, one could say that the remuneration will be variable and dependent on the result obtained by the company; both in the case that the holder of the title waits for dividends to be paid and in the case in which he decides to sell the title he owns in the secondary market.
B. Web architect
C. Web designer
D. Network architect
Answer:
The answer would have to be C. Web Designer because they use Java and or HTML to create the website.