What two ways that free enterprise system works to break the three powers of monopolies notes? (higher prices, barriers to Entry, reduced competition)

Payment continues to represent a barrier to the widespread adoption of the sharing economy since many consumers feel uncomfortable exchanging cash or financial information with strangers. True or false?

We realize the importance of our voices only when we are silenced page number

Consider a scenario where the demand is estimated to be represented by the following equation:, Qx = 1000 - 10Px + 0.

Sanctions are a type of trade restriction that is ineffective in forcing change in other countries.

Consider the impact of the following two events in the television market. First, people are using more tablets and fewer television sets. Second, new production techniques decrease the production cost of television sets.

The formula for computing annual straight-line depreciation is:Select one:a. Depreciable cost divided by useful life in units. b. Cost plus salvage value divided by the useful life in years. c.

Internal control is a process designed to ensure reliable financial reporting. effective and efficient operations. compliance with applicable laws and regulations. Internal control is designed to ensure all of the items described in the answers.

The opportunity cost of doing or getting something is best and fully defined as: A. The difference between the marginal cost and benefit of doing something B. The materials used in doing or getting something C.

Which type of markup takes into account the total costs of running the company not just the wholesale cost of the product so that the markup amount is all profit?

Give an example of a person interacting outside of a market?