Select the correct answer.
A household detergents company introduces a new product in the market. It hires several salespeople to make door-to-door sales for the first three months. The salespeople have to gather certain information about customers during their sales trips. For one such salesperson, a customer is not willing to share details related to his experience with competitor products. In such a case, what should the salesperson do?
A.
refer the case to another colleague who is expert in extracting details out of such customers
B.
forcibly try to get the details out of the customer
C.
respect the customer’s privacy and not ask any further questions
D.
tempt the customer with discounts on the current product if he shares his details

Answers

Answer 1

Answer: C. respect the customer’s privacy and not ask any further questions.

Explanation:

Since the customer is not willing to share details related to his experience with competitor products, the best thing to do in this case is to respect the customer’s privacy and not ask any further questions.

It's good to respect the privacy of people if they are not willing and ready to give out certain information. In this case, it should be noted that forcibly trying to get the details out of the customer isn't ideal.

Likewise, referring the customer to someone more experienced isn't necessary in thus regard since the customer isn't willing to share any information.

Therefore, the correct option is C.

Answer 2

Answer:

C

Explanation:

You should respect the customers privacy because they are not doing anything sketchy. They are just choosing not to share their thoughts.


Related Questions

At Just Right Thermostats, managers and workers share responsibilities, managers stress employee participation in all aspects of company decision making, and employment is long term. What theory of management does Just Right Thermostats follow

Answers

Khfuugtuggy uvuf did su did surgery sis did

If a price index rose from 16.2 in 2010 to 22.5 in 2019, what would the inflation rate be over the period

Answers

Answer:

3.8%

Explanation:

The price rose from 16.2 to 22.5 from 2010 to 2019

16.2-22.5/16.2 ×100

= 6.3/16.2 × 100

= 0.38×100

= 3.8%

Question Mode Multiple Select Question Select all that apply Managers make assumptions in CVP analysis. These assumptions include: (Check all that apply.) Multiple select question. constant variable cost per unit. constant fixed cost per unit. constant sales volume. constant selling price per unit. constant total variable costs. constant total fixed costs.

Answers

Answer:

constant selling price per unit.

constant variable cost per unit.

constant total fixed costs.

Explanation:

At the time when the managers make the assumptions with respect to the Cost-volume profit analysis so the assumptions involved that the selling price per unit, variable cost per unit and the total fixed cost remains unchanged or constant or same

So the above three options are to be considered

In a closed economy, if Y remained the same, but G rose, T rose by the same amount as G, and C fell but by less than the increase in T, what would happen to private and national saving

Answers

Answer:

private saving would rise and national saving falls

Explanation:

private saving is income - consumptiioon= Y-C

if consumption c falls, private saving is going ton rise

public saving is T-G

as G goes up, T-G which is public saving would reduce or fall.

Given that the fall in c is smaller than the rise in G, the rise in private saving would smaller than the fall in public saving.

national saving  is change in private saving + change in public saving

given that  change in private saving is less than that of public saving, national saving would be negative.

Even though there are many state-owned businesses in China, many Western businesses feel that they should still invest in the country because

Answers

Answer:

The nation is moving toward a market-based system

Explanation:

Capital

This is simply tools, equipment, machinery, and buildings used to produce goods and services.

Economic System

This is simply refered to as the way or method used by a society to allocates its resources (land, labor, capital and entrepreneurship) to satisfy its needs.

Command economy

This is known as an economic system that depends on the central government to make all of the decisions in terms of supply and demand rather than allowing the market to freely identify consumers' demands and industry's ability to supply

Rodney was employed by Deluxe Discount Store. Rodney's manager directed him to check the prices of dog food at Huge Savings Store. The manager of Huge Savings Store saw Rodney writing down prices and asked him to leave. Rodney, fearful that he would be fired by Deluxe, refused to leave. Rodney committed the tort of

Answers

Answer:

Trespass

Explanation:

Tort of trespass involves an individual encroaching into one’s property. This is usually done without the owner’s permission and is punishable by law in saner climes.

Rodney being fearful and refusing to leave Huge savings store means he has trespassed into the property which translates to Rodney committing the tort of trespass.

Mr. Garrett has just entered his MA Initial Coverage Election Period (ICEP). What action could you help him take during this time?


a.
If he has a disability, he must enroll in Original Fee-for-Service Medicare during the MA Initial Coverage Election Period.

b.
He will have a nine month period during which he may enroll in as many Medicare Advantage plans as he chooses, with the last enrollment being the effective one.

c.
He may change or drop MA plans, but may not drop drug coverage.

d.
He will have one opportunity to enroll in a Medicare Advantage plan.

Answers


a.
If he has a disability, he must enroll in Original Fee-for-Service Medicare during the MA Initial Coverage Election Period.

The answer is that "He will have one opportunity to enroll in a Medicare Advantage plan".

It should be noted that the Initial Coverage Election Period (ICEP) simply refers to a period of time which is for three months before the person will be entitled to Medicare Part A.

Since Garrett has just entered his MA Initial Coverage Election Period, he will have one opportunity to enroll in a Medicare Advantage plan.

Read related question on:

https://brainly.com/question/18543454

Cafe Italiano pays $70,000 for the trademark rights to a line of specialty sandwiches. After several years, sales for this line of specialty sandwiches are disappointing, and management estimates the total future cash flows from sales will be only $40,000. The estimated fair value of the trademark is now $20,000. What is the amount of the impairment loss

Answers

Answer:

the amount of the impairment loss is $50,000

Explanation:

The computation of the amount of the impairment loss is shown below:

Impairment loss = Purchase price of trade marks - Estimated fair value

= $70,000 - $20,000

= $50,000

Hence, the amount of the impairment loss is $50,000

The same should be considered and relevant

Rosa is upset with D'Shaun because he keeps giving their teenage daughter more money than the family has budgeted. Rosa and D'Shaun discuss their daughter's need for more money and their need to stay on budget. The ultimately decide to increase their daughter's allowance to $20 and in exchange, have her babysit her younger brother instead of paying for a sitter. Everyone's needs are met. What type of Conflict Management is Rosa using

Answers

Answer:

collaborating

Explanation:

A mix of being cooperative and assertive that means those who want to do collaboration for attempting the work with other in identifyig the solution that satisfied fullly for each and everyone concern

Since rosa wants that everyone needs could be met out

So this represent the collaboration

The same should be relevant

Sasha has the new responsibility of initiating strategies that would help safeguarding her company against recession. She conducts a meeting with all the employees in which she explains how she would go about implementing her plans. She also motivates and encourages employees to follow through with her plan. Sasha is a ________.

Answers

Answer:

Strategic leader

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.

Generally, leaders use their powers to get other people to follow them. Some forms of power result from a formalized position in the organization while others are derived from personal characteristics or knowledge.

A strategic leader refers to an individual that utilizes strategy in the management of people without the use of threats and force to make them follow.

In this scenario, Sasha is a strategic leader because she motivates and encourages the employees to follow through with her plan.

Top Breakfast Cereal producers - company name, most current market share, signature
products
1. #1
share % Signature products
2. #2
share % Signature products
3. #3
share % Signature products
4. #4
share % Signature products

Answers

Answer:

1. Kellogg Company - 30.1% market share - signature products: Froot Loops, Corn Flakes, Apple Jacks.

2. General Mills - 29.85% market share - signature products: Cheerios, Nature Valley, Lucky Charms.

3. Post Holdings - 18.92% market share - Honey Bunches, Fruity Pebbles.

4. Private Label - 7.48% market share - Muesli, Choco-Shells

Waldman Corporation reported pretax accounting income of $100,000, but due to a permanent difference, taxable income is only $60,000. Assuming a tax rate of 25%, the income statement should report net income of: Multiple Choice $15,000 $25,000 $45,000 $85,000

Answers

Answer:

$85,000

Explanation:

The pretax accounting income is $100,000

The taxable income is $60,000

Tax rate is 25%

Net income can be calculated as follows

100,000-(60,000 ×25/100)

= 100,000-60,000×0.25

= 100,000-15,000

=85,000

Net income is $85,000

In order to encourage more interdepartmental communication and cooperation, Angelica is thinking about setting up groups of workers from different departments to work together on a long-term basis. She is even thinking about asking people from some of Mucho Dinero's suppliers, customers, and distributors to join these groups. The type of group that Angelica is considering is known as a(n)

Answers

Answer:

Cross functional team

Explanation:

When a team or group is composed of individuals with different functional expertise, technical skills or prowess, then we could call the group a cross functional group or team. The word cross function means that the group with the help of team work is capable of performing or functioning across a number of differ roles and taking up diverse responsibilities. A cross functional team may be composed of a finance expert, a human resource specialist, an engineer and so on. The team my be assembled depending on the task at hand and what the organization aims to achieve.

If workers and firms have rational expectations, they understand that ________ monetary policy will raise the inflation rate, so actual inflation ________ expected inflation. contractionary; will be equal to expansionary; will be less than expansionary; will be equal to contractionary; will be less than expansionary; will be greater than

Answers

Answer:

expansionary; will be equal to

Explanation:

Remember, monetary policies are basically divided into:

expansionary monetary policy, andcontractionary monetary policy.

Indeed, as the name implies, the expansionary monetary policy is meant to in a sense boost up economic growth in terms of reducing interest rates thereby theoretically increasing spending and also leading to an increase in the money supply. When there is an increase in the money supply, this thus leads to an increased inflation rate, which would be expected if workers and firms have rational expectations.

Suppose the money market, drawn with the value of money on the vertical axis, is in equilibrium. If the money supply increases, then at the old value of money there is an a. excess demand for money that will result in a decrease in spending. b. excess demand for money that will result in an increase in spending. c. excess supply of money that will result in a decrease in spending. d. excess supply of money that will result in an increase in spending.

Answers

Answer: excess supply of money that will result in an increase in spending

Explanation:

The money market refers to the total amount of money that's in circulation in an economy at a particular time.

If the money supply increases, this implies that there'll be more money available for the people in the economy to spend. This ultimately leads to the increase in the demand for goods and services in an economy.

Therefore, the correct option will be "excess supply of money that will result in an increase in spending".

Frank is the expert on the credit pricing process. He knows all the ins and outs. His employees just follow his process and are very efficient. His leadership style is

Answers

Answer:

"Autocratic " is the right answer.

Explanation:

An assign responsibility in which one leader is increasingly together all choices and makes a minimal contribution from several other organizational participants.Throughout circumstances where urgent progress can be made as well as risky or time, unfortunately, the same kind of judgment call seems to be acceptable.

The leadership style of Frank is autocratic. Since he is giving orders to his employees without concerning their opinion.

What is autocratic style of leadership?

Autocratic style of leadership can be defined as the style of leadership in which an individual control all the decision and there is a little input from the group members. The autocratic leaders barely take advises from the group members or the followers and all the choices and decisions are exclusively based on their ideas and opinions.

In the given case, Frank knows all the ins and out of the process makes his employees just to follow his orders. Therefore the leadership style adapted by Frank is autocratic.

Learn more about autocratic leadership style here:

brainly.com/question/26430631

Which option will cause a business to lose money from a failing product

Answers

Group of answer choices.

A. Rebrand the product

B. Spin off the product

C. Discontinue the product

D. Continue the product​

Answer:

D. Continue the product​

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

A product that is at the decline stage is generally referred to as a failed product and wouldn't generate profit or much revenue for the manufacturer because it has little economic importance.

This ultimately implies that, continuing with a failed product is an option which will cause a business to lose money from a failing product.

Answer:

D. Continue the product​

Explanation:

Which option will cause a business to lose money from a failing product Continue.

An information system that contains the specialized knowledge and decision rules used by experts and experienced decision makers so that nonexperts can draw on this knowledge base to make decisions is referred to as a/an _____________.

Answers

Answer:

decision support system.

Explanation:

A decision support system is an intelligent system that automates the organizational decision process by collecting data regarding organizational processes and logical and quantitative learning of factors that directly impact a business.

It is then configured as a very effective tool to reduce the risk inherent in the decision-making process of an expert who does not have much experience to make a decision based on their own knowledge.

Gidgits Galore has borrowed $10,000 to buy new shelves to display its millennial version of the gidgit. The bank negotiated the use 1,000 gidgits as
collateral and then filed a UCC-1 Financing Statement with the Register of Deeds where Gidgits Galore has its headquarters. The bank is an
unsecured creditor.
O True
O False

Answers

Answer:

False. The bank is NOT an unsecured creditor.

Explanation:

An unsecured creditor can be described as an individual or institution that lends money without requiring the borrower to put up any assets as collateral.

Financing Statement is a statement that a creditor files to notify interested parties that he has a security interest in a personal property of a debtor.  The personal property is therefore held as collateral in a secured transaction, such as a loan or a lease.

Since the bank negotiated the use 1,000 gidgits as collateral and then filed a UCC-1 Financing Statement with the Register of Deeds where Gidgits Galore has its headquarters, it implies that the bank is a secured creditor.

Therefore, the bank is NOT an unsecured creditor.

Performed services for $25,000 cash. Purchased land for $6,000 cash. Hired an accountant to keep the books. Received $50,000 cash from the issue of common stock. Borrowed $5,000 cash from State Bank. Paid $14,000 cash for salary expense. Sold land for $9,000 cash. Paid $10,000 cash on the loan from State Bank. Paid $2,800 cash for utilities expense. Paid a cash dividend of $5,000 to the stockholders.

Answers

Answer:

a.

1. Operating Activities (OA)

2. Investing Activities (IA)

3. Not Applicable (NA)

4. Financing Activities (FA)

5. Financing Activities (FA)

6. Operating Activities (OA)

7.Investing Activities (IA)

8. Financing Activities (FA)

9. Operating Activities (OA)

10. Financing Activities (FA)

b. Ending Cash Balance $60,200

Explanation:

a. To Indicate how each of the events would be classified on the statement of cash flows as OPERATING ACTIVITIES (OA), INVESTING ACTIVITIES (IA), FINANCING ACTIVITIES (FA), or NOT APPLICABLE (NA).

1. Based on the information it these transaction will be classified as OPERATING ACTIVITIES (OA)

2. Based on the information it these transaction will be classified as INVESTING ACTIVITIES (IA)

3.Based on the information it these transaction will be classified as NOT APPLICABLE (NA)

4. Based on the information it these transaction will be classified as FINANCING ACTIVITIES (FA)

5. Based on the information it these transaction will be classified as FINANCING ACTIVITIES (FA)

6. Based on the information it these transaction will be classified as OPERATING ACTIVITIES (OA)

7. Based on the information it these transaction will be classified as INVESTING ACTIVITIES (IA)

8. Based on the information it these transaction will be classified as FINANCING ACTIVITIES (FA)

9. Based on the information it these transaction will be classified as OPERATING ACTIVITIES (OA)

10. Based on the information it these transaction will be classified as FINANCING ACTIVITIES (FA)

b. Preparation of a statement of cash flows for 2018. Assume All-Star Automotive Company had a beginning cash balance of $9,000 on January 1, 2018.

STATEMENT OF CASH FLOWS

CASH FLOWS FROM OPERATING ACTIVITIES:

Cash receipts from revenue: $25,000

Less Cash payment for salary expense ($14,000)

Less Cash payments for utilities expense ($2,800)

Net cash flow from operating activities $8,200

CASH FLOWS FROM INVESTING ACTIVITIES:

Cash from the sale of land $9,000

Less Cash paid to purchase land ($6,000)

Net cash flow from investing activities $3,000

CASH FLOWS FROM FINANCING ACTIVITIES:

Cash receipts from stock issue $50,000

Add Cash receipts from loan $5,000

Less Cash payment on loan ($10,000)

Less Cash payments for dividends ($5,000)

Net cash flow from financing activities $40,000

Net increase in cash $51,200

($4,200+$3,000+$40,000)

Add Beginning cash balance $9,000

ENDING CASH BALANCE $60,200

Therefore the statement of cash flows for 2018 Ending Cash Balance is $60,200

____________ involves a review of the sales, costs, and profit projections for a new product to find out whether they satisfy the company's objectives.

Answers

Answer:

Business analysis

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

Business analysis refers to a strategic process that typically involves a review of the sales, costs, and profit projections for a new product in order to find out whether the product is in tandem with the objectives of the company.

This ultimately implies that, many organizations and business owners use business analysis to measure the level of satisfaction with respect to the company's objectives and its customers through the process of analyzing or reviewing the sales, costs and profits projection of its new products before pushing them out into the market.

Similarly, cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

Which term is used to designate an economic agent appointed to act on behalf of smaller investors in collecting information

Answers

Answer:

Delegated monitor

Explanation:

Delegated monitor is a term used to designate an economic agent appointed to act on behalf of smaller investors in collecting information.

The delegated monitor act as an in intermediary for small investors.

Delegated monitoring means delegating/vesting the role of monitoring with an economic agent. The economic agent is referred to as the delegated monitor.

When the decision maker prefers a guaranteed payoff value that is smaller than the expected value of the lottery, the decision maker is

Answers

Answer:

Risk avoider

Explanation:

Answer to the following question is risk avoider;

A risk avoider is someone who makes decisions because they are afraid to make mistakes. A risk avoider is a person who exclusively examines options that do not contain any hazards. A risk avoider avoids making actions that might result in a disastrous outcome.

When Dunkin Donuts decided to expand into the international markets of India, Japan, and Argentina, management realized that there would be significant differences in the standards of living, credit, buying power, and income distribution in those countries. Dunkin Donuts is currently examining the ____ forces in its environmental analysis.

Answers

Answer:

economic

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Thus, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Economic forces can be defined as the factors that influence and determine the level of success, competitiveness and the direction of the economy in which a business firm operates in

In this scenario, Dunkin Donuts is currently examining the economic forces in its environmental analysis.

Basically, economic forces include the inflation rate, standards of living, unemployment rate, credit, law, purchasing power, tax rates, government policies, and income distribution of a particular country.

A simple, direct space heating system is currently being used in a professional medical office complex. An upgraded "variable air-volume system" retrofit can be purchased and installed for $200,000 (investment cost). Its power savings in the future will be 500,000 kilo-Watt hours per year over its estimated life of 8 years. The cost of electricity is $0.10 per kilo-Watt hour. If the firm’s cost of capital is 12% per year and the residual value of the system in 8 years is $20,000, should the new system be purchased? Use the present worth method.

Answers

Answer:

Since the present worth (PW) is $56,459.65 and positive, the new system should be purchased.

Explanation:

C = Cost of the upgraded "variable air-volume system" retrofit = $200,000

S = Residual value of the system = $20,000

n = Estimated life of the upgraded "variable air-volume system" retrofit = 8

r = cost of capital per year = 12%, or 0.12

P = Amount of power savings per year = Number of kilo-Watt hours per year * Cost of electricity per kilo-Watt hour = 500,000 * $0.10 = $50,000

Using the formula for calculating the present value (PV) or ordinary annuity, the PV of P can be calculated:

PV of P = P * ((1- (1/(1 + r))^n) / r) = $50,000 * ((1- (1/(1 + 0.12))^8) / 0.12) = $248,381.99

The PV of the residual value (PV of S) can be calculated as follows:

PV of S = S / (1 + r)^n = $20,000 / (1 + 0.12)^8 = $8,077.66

The present worth (PW) can now be calculated as follows:

PW = PV of P + PV of S - C = $248,381.99 + $8,077.66 - $200,000 = $56,459.65

Since the present worth (PW) is $56,459.65 and positive, the new system should be purchased.

Based on the various costs of the heating system, the savings it will bring, and the present worth method, the system should be purchased.

Why should the system be purchased?

It should be purchased if the Net Present Worth is above $0.

Net Present Worth = Present worth of inflows - Present of outflows

Inflows = Savings + Residual value

Savings are:

= 500,000 kilo-wat hours x 0.10 kilo-watt per hour

= $50,000

Net present worth:
= ( (50,000 x (P/A,12%,8 years)) + (20,0000 x (P/F, 12%, 8 years))) - 200,000

= $56,458

In conclusion, the NPW is more than $0 so this system should be picked.

Find out more on the Present Worth/ Value Method at https://brainly.com/question/13228231.

if the invoice is incorrect, recalculate


20 dresses at $15 each 350.00
Less 10% trade discount 12.00
Add tax at 18% 41.04
Total 360.67
Terms 30 days net​

Answers

Answer: $318.60

Explanation:

20 dresses at $15 each will cost:

= 20 × $15 = $300.00

Less: 10% trade discount = 10% × $300 = $30.00

Add tax at 18%: = 18% × ($300 - $30) = 18% × $270 = $48.60

Total = $270 + $48.60 = $318.60

_____ is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.

Answers

Answer:

Enterprise resource planning is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.

Enterprise Resource Planning (ERP) is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.

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If your competitive bid for a Treasury bill is successful, then you will A. certainly pay less than if you had submitted a noncompetitive bid B. probably pay more than if you had submitted a noncompetitive bid. C. pay the average of prices offered in other successful competitive bids. D. pay the same as other successful competitive bidders.

Answers

Answer:

B. probably pay more than if you had submitted a noncompetitive bid.

Explanation:

The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.

Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.

The buying and selling of bonds owned by government by the Federal Reserve is generally referred to as open market sales.

An open market sale of U.S. Treasury securities by the Fed will cause the Banking System's balance sheet to show no net change in assets or liabilities, only a change in the composition of assets with securities increasing and reserves decreasing.

If your competitive bid that involves having other investors bidding for a Treasury bill is successful, then you will probably pay more than if you had submitted a noncompetitive bid.

Answer:

B. probably pay more than if you had submitted a noncompetitive bid.

Correct me if im wrong ^_^

A corporation filed a breach of contract action against another corporation in the United States District Court for the District of State A on the basis of diversity of citizenship jurisdiction. The action seeks $80,000 in damages. The plaintiff corporation was incorporated in State B and has its principal place of business in State C. The defendant corporation was incorporated in State C and has its principal place of business in State A. The defendant corporation filed a motion to dismiss the action for lack of subject matter jurisdiction. Will the defendant corporation's motion be granted

Answers

Answer:

Yes because both the plaintiff corporation and the defendant corporation have a common state citizenship

Explanation:

A federal court can have federal subject-matter jurisdiction over a case based on diversity jurisdiction, in which is required the jurisdictional amount  is more than $75,000 and that non of the plaintiffs has the same citizenship of a state as any of the defendants

The citizenship of a corporation is both the state of incorporation and the corporation's principal place of business

Given that the plaintiff corporation was incorporated in State B and has State C as its principal place of business, the citizenship of the plaintiff corporation is both State B and State C

Similarly, the defendant corporation's citizenship, based on the state the corporation was incorporated and the state of principal place of business are State C and State A

Therefore, the plaintiff corporation and the defendant corporation have the same citizenship of a state, which is State C, and the defendant corporation's motion will be granted

If consumers are charged very high electricity rates in an area where there is only one electric company, this is known as...

Answers

Answer:

Monopoly

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.

Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

Hence, when consumers are charged very high electricity rates in an area where there is only one electric company, this is known as monopoly.

For example, a public power company is an example of a monopoly because they serve as the only source of power utility provider to the general public in a society and decides on how much to charge.

Answer:

Monopoly

Explanation:

If consumers are charged very high electricity rates in an area where there is only one electric company, this is known as monopoly.

Other Questions
For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP as part of consumption (C), investment (1), government purchases (G), exports (X), or imports (M). Transaction i. Andrew's employer upgrades all of its computer systems using U.S.-made parts. ii. Beth gets a new refrigerator made in the United States Andrewbuys a bottle of Italian wine. iii. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. iv. Beth's father in Sweden orders a bottle of Vermont maple syrup from the producer's website, In one of the classic nuclear physics experiments at the beginning of the 20th century, an alpha particle was accelerated toward a gold nucleus, and its path was substantially deflected by the Coulomb interaction. If the energy of the doubly charged alpha nucleus was 2.25 MeV, how close (in m) to the gold nucleus (79 protons) could it come before being deflected Colette Value Inc., a game development firm, has received a new project that involves the development of a mobile game. The project must be completed within a year. The company, however, is facing a shortage of mobile game developers and must hire 50 developers to ensure the timely completion of the project. As a result, the firm decides to take part in a job-related event that would give the firm access to a large pool of applicants at the same time. Which of the following recruitment options has Colette Value decided to use to find a large number of suitable candidates in a short time?a. Alumni networks.b. Job fairs.c. Job posting systems.d. Employee referrals. When an apple falls towards the earth, the earth moves up to meet the apple . Is this true ? If yes . Why is the earth's motion not noticeable. A cable 45 m long runs from the top of a utility pole to a point on the ground 40 m from the base of the pole. How tall is the utility pole, to the nearest tenth?20.6 m85 m5 m60.2 m Taylor must send a bad-news message to a client and indicate to her that he will be unable to meet a delivery deadline. What should Taylor do first Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 25,000 units in inventory, 60% complete as to materials and 40% complete as to conversion costs. The beginning inventory cost of $60,100 consisted of $44,800 of direct materials costs and $15,300 of conversion costs. During the month, the forming department started 300,000 units. At the end of the month, the forming department had 30,000 units in ending inventory, 80% complete as to materials and 30% complete as to conversion. Units completed in the forming department are transferred to the painting department. Cost information for the forming department follows. Beginning work in process inventory$60,100 Direct materials added during the month 1,231,200 Conversion added during the month 896,700 Exercise 03-7A FIFO: Costs per EUP LO C4 Assume that Fields uses the FIFO method of process costing. 1. Calculate the equivalent units of production for the forming department. 2. Calculate the costs per equivalent unit of production for the forming departmen /*Given a 2D board containing 'X' and 'O', capture all regions surrounded by 'X'.A region is captured by flipping all 'O's into 'X's in that surrounded region .For example,X X X XX O O XX X O XX O X XAfter running your function, the board should be:X X X XX X X XX X X XX O X X*/public class Solution { // This algorithm cannot solve the large test set public void solve(char[][] board) { // Start typing your Java solution below // DO NOT write main() function int rows = board.length; if(rows == 0) return; int cols = board[0].length; for(int i = 0; i < cols; i++) { // check first row's O if(board[0][i] == 'O') { // change it to other symbol board[0][i] = '#'; dfs(board, 0, i); } // check the last row if(board[rows - 1][i] == 'O') { board[rows - 1][i] = '#'; dfs(board, rows - 1, i); } } for(int i = 0; i < rows; i++) { // check first col if(board[i][0] == 'O') { board[i][0] = '#'; dfs(board, i, 0); } // check last col if(board[i][cols - 1] == 'O') { board[i][cols - 1] = '#'; dfs(board, i, cols - 1); } } // change O to X changeTo(board, 'O', 'X'); // change # to O changeTo(board, '#', 'O'); return; } public void dfs(char[][] board, int row, int col) { // check up if(row > 0) { if(board[row - 1][col] == 'O') { board[row - 1][col] = '#'; dfs(board, row - 1, col); } } // check left if(col > 0) { if(board[row][col - 1] == 'O') { board[row][col - 1] = '#'; dfs(board, row, col - 1); } } // check right if(row < board.length - 1) { if(board[row + 1][col] == 'O') { board[row+1][col] = '#'; dfs(board, row+1, col); } } // check down if(col < board[0].length - 1) { if(board[row][col+1] == 'O'){ board[row][col+1] = '#'; dfs(board, row, col+1); } } return; } public void changeTo(char[][] board, char from, char to) { for(int i = 0; i < board.length; i++) { for(int j = 0; j < board[0].length; j++) { if(board[i][j] == from) { board[i][j] = to; } } } return; }} Compare and contrast the federal, state, and local government organizations. Include the similarities and differences among the executive, legislative, and judicial branches at each level of the government. People have individual preferences that affect their interpretation of events True or False: Timothy, Jude, and Eric are working in the marketing department of a multinational corporation. They each have similar backgrounds and experience and are thinking about leaving their current company to start their own business. Successful entrepreneurial teams are comprised of these types of people because similarities in knowledge and skill ensure harmony and consistency in their new business. Joe quits his computer programming job, where he was earning a salary of $ per year, to start his own computer software business in a building that he owns and was previously renting out for $ per year. In his first year of business he has the following expenses: salary paid to himself, $; rent, $0; and other expenses, $. Find the accounting cost and the economic cost associated with Joe's computer software business. (Enter numeric responses using an integer.) The accounting cost of Joe's business is $ 107000- nothing. (Enter your response as an integer.) Which of the following equations correctly represents the law of cosines?A. 2 = 22 + b2 - 2ab.cos(B)B. 2 = 22 + c2 - 2ac.cos(C)C. a2 = b2 + c2 - 2bc.cos(A)D. b2 = 22 +62 - 2bc.cos(B) A coffee distributor needs to mix a(n) Costa Rican coffee blend that normally sells for $9.10 per pound with a Arabian Mocha coffee blend that normally sells for $13.10 per pound to create 100 pounds of a coffee that can sell for $11.58 per pound. How many pounds of each kind of coffee should they mix? What will you use if you are looking for the space bounded by a rectangle A. 2(I + w) B. S C. B h ________ 2 D. I w nyatakan amalan keagamaan bagi masyarakat Malaysia Can someone please be generous and help me In the Science Olympiad, what is the main branch of science to study? Two events A and B are _______ if the occurrence of one does not affect the probability of the occurrence of the other. Combining a protective put with a forward contract generates equivalent outcomes at expiration to those of a: