The contestable market model has important policy implications. if there is concern that a market is not sufficiently competitive, what can policymakers do to increase competition in a given industry? check all that apply.

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Answer 1
If there is concern that a market is not sufficiently competitive, then policymakers can look at the barriers existence at the entry levels and what are the steps to be taken to make contestable market. Controlling markets delays entry is the major argument by many economists. So decreasing the entry barriers can only be possible by not regulating the markets which will lead to lower prices.

Related Questions

Ahmad was recently laid off from his job at big bank. when he was employed, he did not enjoy his job; however, now that his job is gone, he feels discouraged and hopeless. ahmad needs to change his attitude and can do so by

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Ahmad can change his attitude in one of three ways: compliance, identification and or internalization. Compliance is where you change through a series of consequences (either positive of negative) that support or discourage your desired outcome. Identification is when you change your attitude to mimic someone/thing that you admire. And internalization is when someone changes their beliefs because their new attitude or belief feels good.

On march 1, bartholomew company purchased a new stamping machine with a list price of $85,000. the company paid cash for the machine; therefore, it was allowed a 5% discount. other costs associated with the machine were: transportation costs, $2,800; sales tax paid, $6,120; installation costs, $1,750; routine maintenance during the first month of operation, $2,700. the cost recorded for the machine was:

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Final answer:

The total recorded cost for the machine purchased by Bartholomew Company is $91,420. This includes the discounted purchase price, transportation cost, sales tax and installation cost. Maintenance cost is not included as it is considered an operating cost.

Explanation:

The subject matter is concerned with the total cost recorded for a stamping machine purchased by Bartholomew Company. The initial price for the machine was $85,000, however, a 5% cash discount is applied which reduces the amount by $4,250. Therefore, the net price paid for the machine can be deduced as $80,750. The other costs associated with the machine such as transportation costs ($2,800), sales tax paid ($6,120), and installation costs ($1,750) are capitalized and added to the machine's cost. However, routine maintenance costs of $2,700 incurred in the first month of operation are not capitalized as they are considered operating expenses. So, the total cost recorded for the machine would be

$91,420

($80,750 (purchase price after discount) + $2,800 (transportation costs) + $6,120 (sales tax) + $1,750 (installation costs)).

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A student studying architecture must already have a bachelor’s degree in order to begin studying for

an associate’s degree.
secondary education.
a master’s degree.
an apprenticeship.

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A student studying architecture must already have a bachelor's degree in order to begin studying for a master's degree. A master's degree is not able to be completed until a bachelor's degree is. An associates degree is awarded prior to earning a bachelor's degree. Secondary education is another term used to describe school post high school. An apprenticeship is similar to an internship and school is not always a requirement for that.

A student studying architecture must already have a bachelor’s degree in order to begin studying for a master’s degree. Thus the correct option is C.

What is a bachelor’s degree?

In the US, universities and colleges most frequently provide bachelor's degrees to undergraduates. These programs typically last three to four years and are completed in order to obtain an educational qualification for an individual.

A master's degree is a two-year program that is thought of as a higher degree program than a bachelor's degree and is pursued by students who want to specialize or become experts in a certain field.

When students studying architecture have a bachelor's degree the eligibility for a master's degree is to have a bachelor's degree in order to enroll in a particular program.

Therefore, option C is appropriate.

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_____ utility is the only type of utility created by the production process

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The type of utility in which is the only one that is being created by the production process is the form utility. The form utility is the one responsible of having to attract the consumer with the use of the product’s physical appearance in means of making them more appealing to them.

Final answer:

Form utility is the type of utility exclusively created by the production process, reflecting the value added to goods and services, which provide satisfaction or utility that's subjective and unique to each individual.

Explanation:

The type of utility created exclusively by the production process is form utility. Understanding utility, we acknowledge that people find value in goods and services because of the satisfaction or utility they provide. Utility is a subjective measure; it varies from person to person, which makes utility measurement, in terms of utils, an individual reflection of satisfaction.

The concept of marginal utility, which is the additional satisfaction obtained from consuming one more unit of a good or service, is particularly crucial. As consumption increases, the law of diminishing marginal utility indicates that the marginal utility tends to decrease. This means that the first unit of a good often provides more utility than subsequent units, hence the satisfaction from consuming the first slice of pizza is likely higher than that of consuming the sixth.

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Country m wants member nations to harmonize their​ tax, monetary, and fiscal policies and wants to create a common currency. country m is requesting for the creation of​ a(n) ________ in the moonland nations

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The country M is requesting an economic union. This is considered to be a type of trade bloc in which they have a custom union in regards with the common market that they have or composed of in which we could see how country m wants the member nations to have a harmonize tax, monetary and fiscal countries in creating a common currency.

You are the chief financial officer of davidson industries. on multiple occasions, you have engaged in insider trading but have never been able to earn any abnormal returns. which form of market efficiency most likely exists given your situation?

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In the scenario given above, the most likely form of market efficiency that probably exist is STRONG FORM MARKET EFFICIENCY. There are three different types of market efficiency, these are: weak form, semi strong form and strong form. Strong form market efficiency is the strongest form of market efficiency. Market efficiency refers to the extent to which stock prices and other securities prices reflect all available relevant information. 

Barry discovers that an attacker is running an access point in a building adjacent to his company. the access point is broadcasting the security set identifier (ssid) of an open network owned by the coffee shop in his lobby. which type of attack is likely taking place?

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The attacker is likely trying to hack the WiFi connection from the coffee shop in his lobby. It seems like he wants to use it for his own purposes as he probably does not have any other way to get connected to the internet.

Which of these innovations would not qualify as a dominant design? a. The two wheeled diamond frame bicycle b. Direct online insurance via the Internet c. The petrol driven internal combustion engine d. The 5 string bass guitar

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The best answer for this question would be:

d. The 5 string bass guitar

 

This innovation is not a dominant design because it has already been done, and that the attempt of this 5-string would result in a musical failure.

Final answer:

Among the given options, d. The 5-string bass guitar would not qualify as a dominant design because, unlike the other options, it did not become a widely adopted standard nor significantly changed its industry.

Explanation:

The concept of a dominant design refers to a technology, product layout, or method that becomes the accepted market standard, supporting compatibility and improved performance. A dominant design typically emerges when it proves to be more efficient or beneficial to the market than competing designs, leading to widespread industry adoption.

To answer which of these innovations would not qualify as a dominant design, we should look for an innovation that did not become a widely adopted standard that led to significant industry convergence. The two-wheeled diamond frame bicycle (a), direct online insurance via the Internet (b), and the petrol-driven internal combustion engine (c) all represent innovations that saw widespread adoption and changed their respective industries significantly. In contrast, the 5-string bass guitar (d) did not become a standard to the same extent as the others. While it found a niche within certain music genres, it did not redefine the instrument category as a whole or lead to mass convergence around its design.

Therefore, the innovation that would not qualify as a dominant design among the options provided is d. The 5-string bass guitar.

The tax on cigarettes in new york city is one of the highest in the nation—$5.85 per pack. does this tax raise a lot of revenue for new york city?

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THE TAX RAISED A LOT OF REVENUE FOR NEW YORK CITY.
In the year following the cigarette tax increase, New York City revenue increased by more than 975%, which represent about $268 million increase. Also, there was 11% decline in adult smoking and taxed packed sales decreased by almost 88%.

The bank discounts an $8,750 non-interest-bearing simple discount note at 6% for 60 days. what is the discounted amount?

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The discounted amount can be determine by subtracting the discount from the base price. The discount can be calculated through the equation,

     D = B x d

where D is discount, B is the base price, and d is the discount rate. Substituting the known values from the given,

   D = ($8,750)(0.06)
    D = $525

Using the concept presented above,
     P = $8,750 - $525 = $8,225

ANSWER: $8,225

Malcolm's parents wanted him to be part of the family business—and malcolm planned to do so. then, at age 17, he decided to leave the business to study to be a lawyer. malcolm resisted

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He resisted identity foreclosure. In this part of self-discovery of a person's identity, the individual, usually in their late teenage years, has simply taken on the roles of their parents or friends without actually exploring other roles and identities. By going through an identity moratorium whereby they begin to question and explore their identities, only then can the individual have an identity achievement that is truly theirs.

Precision testing does fluid testing for several local hospitals. consider their urine testing process. each sample requires 12 seconds to test, but after 300 samples, the equipment must be recalibrated. no samples can be tested during the recalibration process and that process takes 30 minutes. what is the maximum capacity (samples/hour) of the process to test urine samples?

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To determine the number of samples that can be tested in a span of one hour, we take our basis as 300 samples. 

First, we determine the number of seconds that is needed in order to test the 300 samples.

     T = (12 seconds/ sample)(300 samples) = 3600 seconds

Converting this to minutes, we divide the value by 60.
   T (in minutes) = 3600 seconds/(60 seconds/minute) = 60 minutes

Then, we add 30 minutes to the calculated value to allot time for the recalibration such that the total time becomes 90 minutes which is equal to 1.5 hours. 

Dividing the number of samples by the total time, we will have a final answer of,
     Maximum Capacity = (300 samples) / (1.5 hours) = 200 samples/hour

ANSWER: 200 samples/hour

Jodi just described how best buy's new program required a very different way of defining work. because the hours are no longer imposed by the organization but are rather left up to the individual, best buy will need individuals with certain skills like time management and the ability to work independently. where would best buy include these requirements?

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The requirements for best buy workers to have good time management skills and the ability to work independently should be included in their job descriptions. Including these requirements on job posting descriptions will make potential applicants aware of these requirements before they apply.

The 50th repetition of a job is timed at 100 minutes. if the learning curve for this job is 90 percent, what is the estimated time for the 200th repetition of this job?

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It would be 81 minutes. 

Sabrina decided to start selling lemonade on her street. the other kids in the neighborhood noticed that sabrina was making a lot of money selling lemonade. these kids decided to open their own lemonade stand. when they opened their own lemonade stand, the equilibrium price ________ and the equilibrium quantity ________

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Decreased, increased

If you injure yourself bungee jumping and sue the bungee jumping company, what might the bungee company claim in defense?

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Comparative negligence and assumption of the risk

Comparative negligence is a principle or rule of law, in which the extent of the damages to the plaintiff is evaluated based on the negligence of every party involved--including the plaintiff's possible negligence, and hence contribution to the damage brought upon himself/herself. This, in effect, generally reduces not only the damages that the plaintiff can recover, but also the responsibility of the defendant. 
 
Assumption of the risk is a principle that a defendant can use against the plaintiff to reduce the damages that the plaintiff can recover by demonstrating that the latter "voluntarily and knowingly assumed the risks" inherent to a particular risky or dangerous activity upon his/her participation of said activity.

In a lawsuit for an injury obtained while bungee jumping, the company may defend themselves by claiming assumption of risk, adherence to safety measures, the existence of a waiver signed by the participant, or the absence of negligence on their part.

If you injure yourself bungee jumping and decide to sue the bungee jumping company, the company might invoke several defense arguments to protect themselves from liability. One common defense is the assumption of risk, which means that by participating in an inherently dangerous activity like bungee jumping, you knew there was a risk of injury and thus voluntarily assumed that risk. The company might also argue that they had taken all the appropriate safety measures, and the injury was an unforeseeable accident or that you failed to follow safety instructions provided.

Another potential defense could be based on the waiver or release form that most participants are required to sign before partaking in such activities. This form typically states that you agree not to hold the company liable for any injuries that occur as a result of the activity. Lastly, if there was no negligence or breach of duty on the part of the bungee jumping company, they may assert that since there was no fault at their end, they should not be held liable.

The biggest problems with producing too much are lost sales and customer dissatisfaction.
a. True
b. False

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The correct option is "a". The given statement is true.
When there is not much demand and you produces a lot, it will affect the quality of the product and that leads to customer dissatisfaction. When the production is according to sale, and the quality is good the customers will automatically satisfied with the product. 

An investment will pay you $91,000 in five years. assume the appropriate discount rate is 6.25 percent compounded daily. what is the present value?

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Final answer:

The present value of an investment that will provide $91,000 in five years, with a discount rate of 6.25% compounded daily, can be calculated using the formula for present value with daily compounding: PV = FV / (1 + r/n)^(nt), where r = rate, n = number of compounding periods, t = time and FV = future value. Substituting the given values into the formula will yield the present value.

Explanation:

The subject of this question falls into the area of financial mathematics, more specifically the concept of present value. The present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return. In this specific case, you want to know how much you should be willing to invest today in order to receive $91,000 in five years time assuming a discount rate of 6.25% compounded daily.

Here's the step-by-step process using the formula for calculating the present value compounded daily: PV = FV / (1 + r/n) ^ (nt). Present value (PV) is what we're trying to find. Future value (FV) is the $91,000 you expect in five years. The rate (r) is the discount rate of 6.25% (expressed as 0.0625 in calculations). n stands for the number of compounding periods in one year, so if compounding is daily, n is 365. And t is the time in years, which is 5 in this case.

So let's substitute these values into the formula, PV = $91,000 / (1 + 0.0625 / 365)^(365*5). After doing the calculations, the result you'd get is the present value of the investment.

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What are your civic, leadership, and developmental activities that you believe have benefited or will benefit you professionally?

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I am a member of a Toastmasters club. In Toastmasters, I have learned how to speak in front of a crowd. With this experience, I am able to speak in front of our board of directors at work without getting nervous.

In the study of geomorphology, why do we primarily concentrate on processes rather than on distribution patterns by latitude?

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In the study of geomorphology, processes like weathering and erosion are key to how the rocks will be sculpted by natural forces to produce interesting landforms like buttes and mesas for example. The distribution of geomorphological features like say the Amazon River by latitude is important but the process that shaped the landforms is more important as to how it got its present configuration.

A new accountant at skysong, inc. is trying to identify which of the amounts shown below should be reported as the current asset "cash and cash equivalents" in the year-end balance sheet, as of april 30, 2017.

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$17620 

Petty Cash Fund = $60 
Treasury bill = 10000 
Deposit-In-Transit = 260 
Cash-in-Bank = 7300 
Total C&CE = $17620 

Not included items are 
Item 4: Postdated check is an Receivable 
Item 7: Postage Stamps are Office Supplies 
Item 8: IOU is a Receivable

Cash and cash equivalents are highly liquid assets that include actual cash, bank accounts, and short-term investments. They are essential for understanding a company's liquidity and should be accurately categorized on the balance sheet.

Identifying Cash and Cash Equivalents:

In accounting, cash and cash equivalents are assets that can be quickly converted into cash with minimal loss of value. These assets are typically reported on the balance sheet to reflect an organization’s liquidity.

The following items are usually considered to be cash and cash equivalents:

Actual cash on handBank accountsMoney market fundsTreasury billsShort-term government bonds

When reviewing the amounts to be reported as cash and cash equivalents for Skysong, Inc. as of April 30, 2017, focus on highly liquid investments. Items like accounts receivable, taxes receivable, and prepaid expenses should not be included under cash and cash equivalents.

It's important to categorize assets correctly to provide an accurate picture of the company's financial health and liquidity.

____ involves stealing another person's personal information, such as a social security number, and then using the information to impersonate the victim, generally for financial gain.
a. cyberterrorism
b. scam
c. identity theft
d. phishing

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the answer is c. identity theft

The relationship between the interactive communication capabilities of the internet and customization is that

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The relationship between the interactive communication capabilities of the Internet and customization is a highly interactive and individualized information and exchange environment is created for shoppers and buyers.

A potential benefit of telecommuting is that it _____. reduces employee turnover regulates work routine increases interaction with coworkers separates work and home life

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In the given choices above, the potential benefit of telecommunication is that it was able to provide a reduce employee turnover because its task was able to provide a technology of which information exchange is made easy and the employees are given benefits.

Martin and jennifer are both interested in learning more about a company's cash. martin wants to know what the company's cash balance was at the end of their fiscal year. jennifer wants to know how the company gained and used cash over the past accounting period. which financial documents should they look at?

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Martin should look at the company balance sheet as of the end the last accounting period to see the cash balance on the last day of the accounting period. Jennifer should look at the company cash flow statement as of the end of the last accounting period to see the sources and uses of cash during the accounting period.

Yoonsuh, the chief technology officer at namkoong appliances, is in the process of identifying the results she wants her company to achieve next year. she knows where she wants her company to reach and also has an idea of how far off the desired mark the company will be along the way. she is most likely in the process of:

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Yooshuh is in the process of strategic planning. She is developing the companies short term goals, those things that she believes can be reached within the next year as well as identifying the milestone dates to which she thinks these can be achieved.

In 2011, harris optical lost $450,000 in missing merchandise. as a result, it developed a plan in which employees in 2012 would share half of each dollar under $450,000 that was lost. harris optical is using a ______ plan.

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Harris Optical's plan to share half of each dollar saved under the previous year's loss amount with employees is known as a gainsharing plan. It is designed to incentivize employees to work together to reduce losses and improve the company's financial performance.

In 2011, Harris Optical lost $450,000 in missing merchandise and subsequently created a plan to motivate employees to reduce these losses. The company designed an incentive structure where employees would share half of each dollar saved under the $450,000 that was previously lost. This type of initiative is known as a gainsharing plan. Gainsharing is essentially a companywide program where employees are rewarded for performance improvements compared to past figures.

Through programs like this, the savings generated by reducing losses or increasing productivity are shared with employees, essentially tying their rewards to their collective performance. These types of plans encourage collaboration, ideas for improvement, and a vested interest in the success of the company, leading to potential turnaround from losses to profitability. Gainsharing is beneficial because it aligns the interests of the employees with the financial health of the organization.

A bag contains 10 marbles: 6 are green, 2 are red, and 2 are blue. Frank chooses a marble at random, and without putting it back, chooses another one at random. What is the probability that the first marble is green and the second is red? Write your answer as a fraction in simplest form.

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for the green it would be 6/10 and the red 2/10
You have to do a tree diagram I can't show u but all I can tell u is u have to add all the marbles together to make 20 and the first part to the question is 6/20 but u have to take away 2/20 overall the answer could be 3/20 averaging it but this is estimated so u have to draw a tree diagram to make sure it's correct

Employee involvement and participation​ (eip) management is a method of management where​ ________.

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It's a method where subordinates share a significant degree of decision-making power with their immediate superiors
One positive benefit of the employee involvement and participation is that companies will prepare more employees to understand the company's operational method and make more potential leaders for the company if it choose to expand in the future

Bill Gates, Microsoft, is not an entrepreneur
True or False

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I say the answer is true.

Hope I helped,
Ms. Weasley
Bill Gates is considered an entrepreneur. An entrepreneur is a person that organizes and manages a business/businesses, entrepreneur take on great financial risks... It is, basically, a money gamble for them. At any moment an entrepreneur could lose the money offered up.

Bill Gates had/has a lot of money at stake. Making him an entrepreneur. 
The answer would False

I hope this helps!
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