The elasticity measure which has been employed by the courts to assess the degree of market competition is

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Answer 1
market power Market power is the ability of a company to raise the price of a good or service over marginal cost. The more market power a company has, the less competitive a market is.

Related Questions

General motors’ stand against apartheid in south africa was based upon what came to be known as _____. the human rights movement the sullivan principles cultural relativism the international principles

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The answer is Sullivan Principles. General Motors embraced what came to be named as Sullivan principles. This is name after Leon Sullivan which is also a member of GM's Board of Directors. Sullivan contended that it was morally right for GM to function in South Africa so long as two circumstances were satisfied. First, the company should not follow the apartheid laws in its own South African operations. Second, the firm should do all within its power to endorse the elimination of apartheid laws.

Requiring industries to recycle 25% of plastics in their manufacturing process is an example of:

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Final answer:

Requiring industries to recycle 25% of plastics in their manufacturing process is an example of a sustainable environmental policy. It falls under the domain of Environmental Science within the field of Social Studies.

Explanation:

Requiring industries to recycle 25% of plastics in their manufacturing process is an example of a sustainable environmental policy. It falls under the domain of Environmental Science within the field of Social Studies. Recycling is an effective solution to reduce environmental contamination and conserve resources. By mandating industries to recycle plastic waste, it promotes responsible waste management and contributes to a more sustainable future.

Tai credit corp. wants to earn an effective annual return on its consumer loans of 14.1 percent per year. the bank uses daily compounding on its loans. what interest rate is the bank required by law to report to potential borrower

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Answer : 13.19 % Explanation: Convert the Effective Annual Return EAR to Annual Percentage rate as shown below: EAR = [1 + (APR / n )]^ n â’ 1 APR = n [(1 + EAR)^ 1/ n â’ 1 where n= number of days in a year. Let us take it as 365, since daily compounding given EAR =14.1% per year so 365 *(1.141)^(1/365) = 13.19%

Johnson is hired by a company to see if a new product, topocal, will cause hair to grow on the heads of bald men. he recruits one thousand bald men, and randomly divides them into two groups: five hundred (group
a.rub topocal on their scalps each day; the other five hundred (group
b.rub a standard skin lotion on their scalps each day. after two months, johnson checks to see what the results have been. he finds that there has been hair growth in 7 percent of group a and in 2 percent of group
b. 
what is the sample?

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The sample is the 1,000 men tested in two groups. The population would be the broad class of balding men. All 1,000 men are considered a part of the sample regardless of which group they were in because each of the 1,000 men is representing an equal portion of the population.

Kunkel, applebaum, and nelson focus on which type of financial support for caregivers?

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They focus on direct payment for services provided for caregivers. This money can be used to procurement of any service or services that encounter the person's measured needs. As the money given to the person is specified in lieu of the local specialist providing the care, the money rests public money have its place to the local government who creates the expenditures.

A small italian grocery store sells five varieties of feta cheese. it offers bulgarian, french, danish, greek, and one that is processed and sold from tillamook, oregon. the domestic variety sells for $1.99/pound, while all the others sell for more than $2.99/pound, and the greek variety is priced at $6.99/pound. the domestic variety is much cheaper because:

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Domestic products are generally cheaper due to lower shipping cost and few to no additional tariffs are levied on those goods. A side note: Since 2002 in the EU 'Feta' has had a protected designated origin; meaning that only cheese produced in a particular way from particular regions of Greece can be labeled for sale as 'feta.'

The domestic feta cheese is cheaper due to factors like lower transportation costs and no import tariffs, unlike imported varieties that can have added costs from import quotas and international shipping. These market dynamics influence the pricing differences.

The domestic variety of feta cheese, which is from Tillamook, Oregon, sells for much cheaper, $1.99 per pound, compared to the other varieties like Bulgarian, French, Danish, and Greek feta, which all sell for more than $2.99 per pound, with Greek feta being priced at $6.99 per pound. The more affordable price of the domestic feta can be due to several factors such as lower transportation costs, lack of import tariffs, and possibly economies of scale if it's produced in higher quantities. In contrast, imported cheeses often have additional costs such as import quotas, tariffs, international shipping, and may reflect the cheese's reputation or unique flavors from its region of origin.

For example, in the case of Canadian cheese import quotas, these were set to protect domestic suppliers and have resulted in considerable higher prices for imported cheeses due to tariffs. This situation mirrors the impact of economic policies and market dynamics on the pricing of domestic versus imported goods, like feta cheese in the Italian grocery store.

Trenton financial wanted its sales reps to share information and leads with each other to improve team performance but offered individual incentives for the top sales people. not​ surprisingly, no one shared any information. what should trenton financial have​ done

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The trenton financial should have their employees be trained and to be able to perform their work with the maximum capacity in which they may be able to develop with all their best and in the same way, in order to have information to be shared, the trenton financial should not offer individual incentives in top sales people but rather they should treat their employees regardless of the rank in an equal and fair manner.

Suppose bundle a contains 5 cds and 5 dvds and bundle b contains 88 cds and 33 dvds. if a consumer is able to rank different combinations of goods and services in terms of how much utility they​ provide, then

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If a consumer was asked to rank different combinations of goods and services terms of how much utility they provide, then a bundle with a total of 112 cds and dvds would rank higher than a bundle with a total of 10 cds and dvds, if based on total of goods only. This does not take into account the contents of the media.

Which acquisition plan component should be deferred until a purchase request is received?

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All plans surrounding use of the yet-to-be acquired must be paused. However, we can still continue pre-production efforts, as well as create predictive models to demonstrate the value add of the new unit. Once the new unit is received, we can commence production. However, production cannot resume until the unit has been received.

Todd mcfarlane describes why retailers should carry his collectible items over and above his competitors' products. from a strategy viewpoint, what mcfarlane is describing here is his company's

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He is describing his company’s competitive advantage. This is the capability of an organization to produce goods or services more successfully than its competitors, by this means outperforming them. It also allow a company or country to produce a product or service at a lower price. These conditions let the productive entity to produce more sales or larger margins than its competition.

With few exceptions, marketing as a healthcare organizational function did not exist prior to the _____.

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The 1980s were the time period in which marketing in the healthcare field really began to take off. This was when Baby Boomers were beginning to reach the edges of middle age and it made sense to market their healthcare choices to them before they reached an age where their choices would become limited.

Based on the information in table 3-2 what is enigma's cash flow from operations

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When more corn is planted due to the higher demand from ethanol producers, both cattle ranchers and ethanol producers will end up buying more corn?

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Corn is used for two purposes -

1. As feed for cattle.

2. As input in production of ethanol.

It has been stated that increase in demand from ethanol producers does not impact the demand made by cattle ranchers'.

Farmers would only respond with planting of more corn if they can get higher price.

So, it can be stated that higher demand from ethanol producers has raised the price of corn which in turn has induced the farmers to plant more corn.

However, as price of corn is rising, quantity demanded by cattle ranchers' will decline.

So, when more corn is planted due to higher demand from ethanol producers, only ethanol producers end up buying more corn while cattle ranchers' witness a decline in their purchase of corn.

In other words, cattle ranchers' will end up buying less.

So, the given statement is False.

Tijuana, mexico is across the border from san diego, california. it has become a world-leading producer and exporter of television sets and computer monitors, which it assembles in modern factories owned by multinational consumer electronics firms such as sony. initially, these electronics were produced in the industrialized countries of their parent companies, and after several years, the production moved to tiajuana. this is an example of

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This is an example of global outsourcing. Labor costs can be significantly cheaper in less developed countries, plus mexico holds a unique position in being extremely close to the United States of America. Due to the fact that Mexico provides an ideal environment for outsourcing of manufacturing jobs, many multinational firms choose to outsource to locations such as Tijuana.

Diverse and global teams are one of the most consistent sources of competitive advantage for any organization.
a. True
b. False

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TRUE. this is true because having a diverse global team would provide a wider range of resources from the individuals on the team, they would also bring to the table very different perspectives. This all gives any company a competitive edge in any market or social situation.

A(n) ____________ records the boundaries of a three-dimensional shape.

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A CONTOUR LINE record the boundaries of a three dimensional shape.
In Art, a contour line is a line which defines a form or an edge. It is an outline of a given object. Contour line is usually drawn by following the visible edges of a shape and those edges along the interior of the shape. Contour line is often used to show dramatic changes of planes within an object.

1. Which of these jobs in a behind-the-scenes transportation job?
a. Airline Pilot
b. Delivery Truck Driver
c. Taxi Driver
d. Truck Dispatcher

2. Which career field involves the design, manufacture, and use of various types of machinery, technology, and buildings?
a. engineering
b. math
c. science
d. technology

3. Which of the following defines and agribusiness?
a. A career field based on packaging foods
b. A career field based on selling food items
c. A career field that analyzes how people spend their money on food
d. A career field that deals with managing the food supply system

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The answers are as follows:
1. D.
Truck dispatchers are workers who worked behind the scene to ensure that truck drivers have loads to carry and they ensure that drivers comply with their specified appointed arrival time and destinations. Truck dispatchers are indispensable to the truck industry because of their crucial roles in ensuring that truck drivers concentrate on their routes and safely deliver their cargoes.
2. A.
The field of engineering is a branch of science and technology which involves the design, manufacture and use of various types of machinery, technology and building. Engineering is a wide field and there are different types of engineering. Engineers use science and technology to solve problems.
3. D.
An agribusiness is a type of business that involves the production, processing and distribution of agricultural products. It is a business which manages the food supply system. The term 'agribusiness' encompasses all those that are involved in the marketing of the farm produce including the warehouses, wholesalers, processors, etc.

Food with a use by date of July 10 should be stored in front of food dated June 29, in front of food dated July 9, behind food dated june 27 or behind food dated July 11 ?

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Food should be arranged by their use by dates to help consumers select an item based on their shelf life. The food marked with July 10 use by date should be placed right behind the product with a June 27 use by date so as to not confuse the consumers. 

Food should be arranged by their use by dates to help consumers select an item based on their shelf life.

How should be the food arranged?

Food is what people and animals eat to live. Food usually comes from animals and plants. It is eaten by living things to provide energy and nutrition. Food contains the nutrition that people and animals need to be healthy.

The food marked with July 10 use by date should be placed right behind the product with a June 27 use by date so as to not confuse the consumers.

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When you're writing email messages in the workplace, remember that business emails require a higher level of quality than personal emails. should never be shorter than one screen. do not need to be proofread for grammar and spelling errors. are the best medium for internal messages, regardless of their content. all of the above?

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The correct answer to this question is that business emails require a higher level of quality than personal emails. This is because the email is meant to convey important information or a need and is being sent to co-workers. The subject is supposed to be about work and remain professional.

If her adjusted gross income (all from wages) for the year is $18,500, calculate clarita's child and dependent care credit for 2016.

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Clarita's adjusted gross income (AGI) is $18,500.

According to current tax laws,
If AGI ≤ $15,000, CDCTC (child dependent care tax credit) = $2100 maximum.
If AGI = $43,000, CDCTC = $1,200 maximum.

On a linear scale, Clarita's CDCTC is given by
CDCTC = 1200 + [(18500 - 43000)/(15000 - 43000)] * (2100 - 1200)
              = $1,987.50

Answer: $1987.50

If her adjusted gross income (all from wages) for the year is $18,500, calculate clarita's child and dependent care credit for 2016.

Richard donates publicly traded gold company stock with a basis of $1,000 and a fair market value of $15,000 to the college he attended, which is considered a public charity. richard has owned the shares for 10 years. how is this contribution treated on richard's tax return?

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Final answer:

Richard can claim a charitable contribution deduction for the full fair market value of the donated stock ($15,000) on his tax return. He avoids paying capital gains tax on the stock's appreciation, which can lead to substantial tax savings depending on his tax bracket.

Explanation:

When Richard donates publicly traded gold company stock with a basis of $1,000 and a fair market value of $15,000 to a public charity such as the college he attended, the contribution is treated favorably on his tax return. Since Richard has owned the shares for more than one year, this donation is considered a long-term capital gain property. Richard can claim a charitable contribution deduction for the fair market value of the stock at the time of donation, which is $15,000, rather than the amount he originally paid for the stock.

Furthermore, Richard does not have to pay capital gains tax on the $14,000 increase in the value of the stock (which is the difference between the fair market value and his basis in the stock). Typically, if he sold the stock himself, he would be liable for capital gains tax on the appreciation. However, by donating the stock directly to a charity, the tax burden related to the appreciation is avoided completely. Moreover, dollars given to charity reduce the donor's taxable income and, depending on Richard's tax bracket, this could result in substantial tax savings.

The chain of command is also known as the

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The chain of command is also known as the vertical hierarchy.
The vertical hierarchy is a hierarchical organization structure in which management or supervisor surpass information and commands from the top of the organizational pyramid down toward the bottom. It is also called the top-down management. 
Final answer:

The chain of command, or hierarchical structure, is a term used in a business context to describe the organization's structure of authority. It starts from the top level of management and goes down to each employee at the bottom level, clarifying who reports to whom.

Explanation:

The chain of command in a business context is also often referred to as the hierarchical structure of an organization. It describes the arrangement of lines of authority, communications, rights and duties of an organization. It flows from highest to lowest level in the organization, starting from the top level management to every employee at the bottom level. The chain of command clarifies who reports to whom within the organization. For example, a typical chain of command may start with the CEO at the top, followed by other high-level executives, middle managers, and lastly, the employees supervised by those managers.

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A demand curve for the steel porcupines' concert tickets would show the:
a. number of tickets that will be purchased at various prices.
b. quality of people who want to buy these concert tickets.
c. number of people who need tickets.
d. number of tickets the box office is willing to sell at various prices.

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A demand curve represents the relation between different prices of a commodity and its varying quantities purchased by people at different prices. As a general rule, the more the price, the less the demand. In the scenario described in the question, the demand curve shows the number of tickets that will be purchased at various prices. Ticket is the commodity here and the people who purchase the tickets represent demand.

The demand curve for steel porcupines' concert tickets illustrates the number of tickets that will be purchased at varying prices, representing the relationship between price and consumer purchasing quantities.

A demand curve for the steel porcupines' concert tickets would show the number of tickets that will be purchased at various prices. This is because a demand curve reflects the relationship between the price of a commodity and how much of it consumers are willing and able to purchase at that particular price. The concept of price elasticity of demand is also linked to a demand curve, where it depicts how changes in price can influence the quantity demanded and, thereby, affect total revenue.

Thus, the correct answer to the student's question is option (a): The demand curve would show the number of tickets that will be purchased at various prices.

Explain the importance of contracts when analyzing revenue arrangements.

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Contracts are legally binding documents that have the ability to protect and allow all parties to be clear and precise of actions and expectations within the agreement, including payment arrangements. Contracts are important when analyzing revenue arrangements, as it ensures that all parties are aware of the agreed upon outcome and provide hard evidence should there be any future disputes.

To keep an organization free of the mum effect, it is necessary to

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To keep an organization free of the mum effect, it is necessary to foster a transparent and open work culture.

Be sure to answer all parts you have available 2,2−dimethylcyclopentanol (a) and 2−bromo−1,1−dimethylcyclopentane (b) and wish to prepare 3,3−dimethylcyclopentene (c). which would you choose as the more suitable reactant, a or b, and with what would you treat it?

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The more suitable is 2-bromo-2, 1-dimethylcyclopentane. The reasons are 1) The reaction should be done with a strong base like NaOC_2H_5, CH_3CH_2OH so that the reaction follows the E2 pathway. If it follows the E1 elimination, then rearrangement may occur, leading to a mixture of products. 2) 2,2-dimethylcyclopenthanol is not suitable at all. In presence of H_2SO_4, or KHSO_4, it forms a carbocation. Subsequently, -CH_3 migration would take place leading to a more stable 3 degree carbocation. Therefore, the nature of the product would be changed. 

A combination of news covered by the media that boosts sales without having to pay is best described by the term ________.

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A combination of news covered by the media that boosts sales without having to pay is best described by the term public relations.
Public relation is a key correspondence process that constructs mutually beneficial connections amongst associations and their public.We can also define Public relations as the act of overseeing correspondence between an association and its public.

If an employee is to be terminated, when is the best time to inform the employee?i/o psychpology

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Inform the employee at the end of the work day, so that they won’t be a nusense and disturb other employees unintentionally.

As stated above, some projections are better for certain purposes. give an example of a purpose or topic that would require an equivalent map projection. for what purpose would a conformal projection be selected for a map? (1)

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Maps where precision with movements is required because on a conformal projection every angle on earth is preserved on the map. As for the purposes : nautical charts, aeronautical charts, weather maps.

On august 31 of the current​ year, harvey co. decided to change from the fifo periodic inventory system to the​ weighted-average periodic inventory system. harvey uses u.s. gaap​, is on a calendar year​ basis, and does not present comparative financial statements. the cumulative effect of the change is​ determined:

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The answer is "As of January 1, Year 1".

The cumulative impact of an adjustment in accounting rule squares with the difference between retained income toward the start of time of the change and what retained profit would have been if the change was applied to all influenced earlier periods, accepting comparative financial statements are not exhibited. Starting retained profit of the earliest year exhibited is balanced for the cumulative impact of the change.
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