The total cost of the value-meal would be $4.10.
Total cost is the total of all expenses incurred in creating and offering a specific good or service.
A value meal's total price is the sum of the costs of all of its components. A burger, small French fries, pie, and a medium drink make up the value meal in the example. Each thing has a separate price:
single burger ($1. 50)+small French fries ($0. 60)+pie ($0. 75)+medium drink ($1. 25)= $4.10
The total cost of the value-meal would be $4.10.
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what is the most important aspect of the computer and why
Answer:
Explanation:
I had the same question for my class, and I answered this, and it worked
Computers are complex machines that consist of many different components, each of which plays an important role in their overall function. Some of the most important aspects of a computer include the following:
1. Central Processing Unit (CPU) - The CPU is the "brain" of the computer and is responsible for executing instructions and performing calculations. It is the most important component of the computer because it determines how fast the computer can process data and perform tasks.
2. Memory (RAM) - Memory, or Random Access Memory, is used to temporarily store data and instructions while the computer is running. It is important because it allows the computer to access data quickly, which can improve performance.
3. Storage (Hard Disk Drive or Solid State Drive) - Storage is used to store data and programs on the computer. It is important because it allows the computer to access data even when it is turned off, and it provides a space to store important files and documents.
4. Graphics Processing Unit (GPU) - The GPU is responsible for rendering graphics and images on the computer. It is important for tasks such as gaming, video editing, and graphic design.
Overall, each of these components is important in its own way, and they work together to make the computer function properly. The most important aspect of the computer may depend on the specific task being performed, as different components may be more important for different tasks.
Morten Food Products, Inc. Is a regional manufacturer of salty food snacks. The firm competes directly with the national brands including Frito-Lay, but only in the U. S. Southeast. Last year Morten sold $300 million of its various chip products and hopes to increase its sales in the coming year by offering a new line of baked chips. The new product line is expected to generate $40 million in sales next year. However, the firms analysts estimate that about 60 percent of these revenues will come from existing customers who switch their purchases from one of the firms existing products to the new healthier baked chips.
a. What level of incremental sales should the company analyst attribute to the new line of baked chips?
b. Assume that 20 percent of Mortens existing customers are actively looking for a healthier snack alternative and will move to another company baked chip offering if Morten does not introduce the new product. What level of incremental sales would you attribute to the new line of baked chips in this circumstance?
Introducing a new line of baked chips offers Morten Food Products, Inc. the potential to increase sales and appeal to health-conscious customers, but the level of incremental sales will depend on factors such as customer behavior and competition.
a. To calculate the level of incremental sales attributable to the new line of baked chips, we need to consider the proportion of sales that will come from new customers versus existing customers. According to the analysts' estimates, 60% of the $40 million in expected sales will come from customers who switch from Morten's existing products to the new baked chips. This equates to $24 million in sales from existing customers. Therefore, the level of incremental sales attributable to the new line of baked chips would be $40 million - $24 million = $16 million.
b. In this scenario, we need to consider the potential loss of sales from existing customers who are actively looking for a healthier snack alternative and may switch to a competitor's baked chip offering if Morten does not introduce the new product. Assuming that 20% of Morten's existing customers fall into this category, we can estimate that the potential loss of sales is 20% of $300 million, which is $60 million. Therefore, if Morten does not introduce the new line of baked chips, they stand to lose $60 million in sales.
Introducing the new product line is likely to mitigate some of this potential loss by attracting some of these health-conscious customers to Morten's new offering. Assuming that Morten can capture 50% of these health-conscious customers with their new line of baked chips, this would equate to $60 million x 50% = $30 million in incremental sales. Therefore, in this scenario, the level of incremental sales attributable to the new line of baked chips would be $30 million.
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during the war, americans: group of answer choices experienced the rationing of scarce consumer goods such as gasoline. found fewer consumer goods available by 1944. still suffered from high unemployment. were told that the end of war might bring a return of the great depression. experienced extreme deprivation.
During the war, Americans will experienced the rationing of the scarce consumer goods such as gasoline. Option A is correct.
This was done to ensure that essential resources were available for the war effort. The government imposed price controls and rationing programs to prevent inflation and ensure that everyone had access to necessities.
While there were some shortages of consumer goods during the war, it was not until 1944 that Americans found fewer consumer goods available due to the diversion of resources towards the war effort.
Unemployment was not high during the war, as the massive mobilization of troops and resources for the war effort created numerous jobs. In fact, the war helped to bring the country out of the Great Depression.
There were concerns that the end of the war might bring a return of the Great Depression, as the country would need to transition from a war economy to a peacetime economy. However, this did not happen, as the post-war period was marked by economic growth and prosperity.
Hence, A. is the correct option.
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--The given question is incomplete, the complete question is
"During the war, americans: group of answer choices A) experienced the rationing of scarce consumer goods such as gasoline. B) found fewer consumer goods available by 1944. C) still suffered from high unemployment. D) were told that the end of war might bring a return of the great depression. E) experienced extreme deprivation."--
suppose demand for a power steering gear assembly is given by: gear 1 2 3 4 5 6 7 8 9 10 demand 45 65 35 40 0 0 33 0 32 25 currently there are 150 parts on hand. production is planned using the fixed order period method and two periods. the lead time is three periods. determine the planned order release schedule.
To determine the planned order release schedule using the fixed order period method, we need to calculate the demand during the lead time, the reorder point, and the order quantity.
First, let's calculate the demand during the lead time of three periods. Since there are two periods between orders, we need to multiply the average demand during those two periods by three:
Average demand = (45+65+35+40+33+32+25)/7 = 38.43
Demand during lead time = 3 x 38.43 = 115.29
Next, let's calculate the reorder point. This is the level of inventory at which we need to place an order to ensure that we have enough inventory to cover the demand during the lead time. The reorder point is calculated as follows:
Reorder point = (demand during lead time) + (safety stock)
We'll assume a safety stock of 20 parts.
Reorder point = 115.29 + 20 = 135.29
Finally, let's calculate the order quantity. This is the amount of inventory we need to order each time we place an order. We'll use the economic order quantity (EOQ) formula:
EOQ = [tex]√((2 x annual demand x ordering cost)/holding cost per unit)[/tex]
We'll assume an ordering cost of $50 per order and a holding cost of 20% per unit per period.
Annual demand = 45+65+35+40+33+32+25 = 275
EOQ = √((2 x 275 x 50)/(0.2 x 150)) = 78.72
Therefore, the planned order release schedule is:
Period | On hand | Order quantity | Received | Demand | Ending inventory
1 | 150 | 78 | 0 | 45 | 183
2 | 183 | 78 | 0 | 65 | 196
3 | 196 | 0 | 78 | 35 | 239
4 | 239 | 0 | 0 | 40 | 199
5 | 199 | 78 | 0 | 0 | 277
6 | 277 | 78 | 0 | 0 | 355
7 | 355 | 78 | 0 | 33 | 400
8 | 400 | 0 | 78 | 0 | 478
9 | 478 | 78 | 0 | 32 | 524
10 | 524 | 0 | 78 | 25 | 577
Note that in periods 4 and 8, we order only enough to bring our inventory up to the reorder point.
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production of pizza workers output (q) total cost average cost marginal cost 0 0 $200 --- --- 1 20 $300 15.00 5.00 2 50 $400 8.00 3.33 3 90 $500 5.56 4 120 $600 5.00 3.33 5 140 $700 5.00 5.00 6 150 $800 5.33 10.00 7 155 $900 5.81 20.00 where are costs minimized? group of answer choices 5 workers 3 workers 6 workers 4 workers
The point where costs are minimized is at 4 workers, as this is where the average cost is minimized, and the marginal cost is still relatively low. Option D is correct.
To determine where costs are minimized, we need to find the point where marginal cost (MC) equals average cost (AC).
Looking at the table provided, we can see that the marginal cost is lowest at 3 workers, where it is $4. This is lower than the marginal cost at 4 workers ($5), and at 5 workers, the marginal cost jumps up to $10.
The average cost is lowest at 4 workers, where it is $5 per unit. At 3 workers, the average cost is slightly higher at $5.56 per unit, and at 5 workers, it is the same as the marginal cost at $5 per unit.
Hence, D. is the correct option.
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--The given question is incomplete, the complete question is
"Production of pizza workers output (q) total cost average cost marginal cost 0 0 $200 --- --- 1 20 $300 15.00 5.00 2 50 $400 8.00 3.33 3 90 $500 5.56 4 120 $600 5.00 3.33 5 140 $700 5.00 5.00 6 150 $800 5.33 10.00 7 155 $900 5.81 20.00 where are costs minimized? group of answer choices A) 5 workers B) 3 workers C) 6 workers D) 4 workers."--
Sarah has a credit card balance of $9,450 with an apr of 17%. with her current budgeted payment, sarah will be able to pay off this debt in 36 months. but sarah’s best friend just invited her to spend two months in europe with her in 9 months. wanting to have her credit card balance paid off before she goes to europe, sarah decides to take on a second job. what additional monthly income will sarah need in order to pay off her credit card in 9 months? a. $336.92 b. $467.23 c. $788.85 d. $1125.77 please select the best answer from the choices provided a b c d
Answer:
C
Explanation:
I think it's c but it dont have like what it's for I dot know if u feel me but Yeah is it C
Select the best response to the following questions. The decision theory suggests how leaders can engage employees in making decisions at an appropriate level. O normative o contingency situational follower
The correct answer is option A) Normative.
The best response to the statement "The decision theory suggests how leaders can engage employees in making decisions at an appropriate level" is "Normative".
Normative decision theory provides a framework for leaders to make rational decisions based on a set of predetermined criteria. It helps leaders to determine the best course of action by evaluating all available options and selecting the one that maximizes the chances of achieving the desired outcome.
Additionally, normative decision theory can help leaders involve their employees in decision-making by providing them with a structured approach to analyze the problem and identify potential solutions.
Therefore the correct answer is normative
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A friend of yours starts his own business. He would like to expand his client base to include the government, but he believes his small business would be ignored. Based on your knowledge from the text, you tell him Group of answer choices that any government, federal, state, or local would laugh at the size of his business. Although the government will deal with small businesses, he will never make a profit off a government contract. The government buys products from all sizes of business, but there is some red tape. That he's absolutely right, the government doesn't deal with small businesses. The government rarely considers new suppliers when making purchasing decisions
I would tell my friend that the correct statement is: "The government buys products from all sizes of business, but there is some red tape."
It is a common misconception that the government only works with large corporations and ignores small businesses. In reality, the government actively seeks to do business with small businesses and has various programs and initiatives to support them. However, there are certain requirements and regulations that small businesses must follow in order to be eligible for government contracts.
For example, the government has set-aside programs that require a certain percentage of contracts to be awarded to small businesses. Additionally, small businesses may be eligible for preferential treatment in the bidding process. However, there are specific criteria that a small business must meet, such as being registered with the government's System for Award Management (SAM) and having a certain level of experience and capability to fulfill the contract.
Therefore, while it may require some extra effort and navigating through bureaucratic procedures, it is possible for small businesses to win government contracts and expand their client base.
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A(n) ____________ in the loan interest rate and a(n) _____________ in the loan duration will increase the monthly auto loan payment.
A(n) increase in the loan interest rate and a(n) decrease in the loan duration will increase the monthly auto loan payment.
When the loan interest rate increases, it means the borrower will be charged a higher percentage of interest on the loan amount. This leads to an increase in the total interest paid over the loan term. With a higher interest rate, the monthly payment needs to cover not only the principal amount but also the increased interest charges, resulting in a larger monthly payment.
Similarly, when the loan duration is decreased, the borrower has a shorter timeframe to repay the loan. This means the principal amount needs to be paid off in a shorter period, resulting in higher monthly payments. The shorter loan duration compresses the repayment schedule, requiring the borrower to make larger monthly payments to meet the accelerated repayment timeline.
Therefore, an increase in the loan interest rate and a decrease in the loan duration will both contribute to an increase in the monthly auto loan payment, as borrowers will need to allocate more funds each month to cover the principal and the higher interest charges within a shorter timeframe.
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assuming that the price of a medical encounter is $1,000 and the beneficiary has an unmet $500 deductible and 20% coinsurance rate, the amount the beneficiary will pay is:
The total amount that the beneficiary will pay for the medical encounter is $500 (deductible) + $100 (coinsurance) = $600.
Assuming that the price of a medical encounter is $1,000 and the beneficiary has an unmet $500 deductible and 20% coinsurance rate, the amount the beneficiary will pay is calculated as follows:
First, the beneficiary will need to pay the full amount of the deductible, which is $500. This means that the remaining amount that the beneficiary is responsible for is $500.
Next, the coinsurance rate of 20% will be applied to the remaining amount. This means that the beneficiary will be responsible for paying 20% of the remaining $500, which is $100.
It is important to note that this calculation assumes that the beneficiary has not yet met their deductible for the year. If the beneficiary had already met their deductible, they would only be responsible for the 20% coinsurance rate, which in this case would be $200.
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$1.25 (d0). the dividend growth rate is expected to be constant at 15.0% for 3 years, after which dividends are expected to grow at a rate of 6% forever. if the firm's required return (rs) is 11%, what is its price one year from today? group of answer choices 33.06
The expected price of the stock one year from today (P1) is $33.03.
Based on the information provided, the dividend growth rate is expected to be 15% for the first 3 years, after which dividends are expected to grow at a rate of 6% forever.
The last dividend (D0) is $1.25, and the required return (rs) is 11%.
To calculate the price of the stock one year from today (P1), we can use the dividend discount model (DDM) formula, which is:
P1 = (D1 * (1 + g)) / (rs - g)
where:
D1 = the dividend at the end of year 1
g = the dividend growth rate
rs = the required return
First, we need to calculate the dividend at the end of year 1 (D1), which is expected to grow at a constant rate of 15%:
D1 = D0 * (1 + g) = $1.25 * (1 + 0.15) = $1.4375
Next, we can plug in the values for D1, g, and rs into the DDM formula to calculate P1:
D1 = $1.4375
g = 6%
rs = 11%
P1 = (D1 * (1 + g)) / (rs - g) = ($1.4375 * (1 + 0.06)) / (0.11 - 0.06) = $1.6516 / 0.05 = $33.03 (rounded to two decimal places)
So, the expected price of the stock one year from today (P1) is $33.03.
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economies of scale are part 2 a. decreases in information costs that occur as transactions costs increase. b. the reduction in costs per unit that accompanies an increase in volume. c. charges to savers and borrowers imposed by banks in exchange for reducing transactions costs. d. decreases in transactions costs that occur as information costs increase.
Economies of scale are commonly defined as the reduction in costs per unit that accompanies an increase in volume. Option B.
This means that as the production or output of a company increases, the cost of producing each unit of output decreases. This can be attributed to a number of factors, such as spreading fixed costs over a larger output, increased bargaining power with suppliers, and specialization of labor.
One important factor in achieving economies of scale is the reduction in transactions costs. Transactions costs refer to the costs associated with exchanging goods, services, or information between parties.
As a company grows and its output increases, it is likely to engage in more transactions, whether it be with suppliers, customers, or other stakeholders.
By reducing transactions costs, a company can achieve economies of scale by lowering the cost of each transaction.One way to reduce transactions costs is by decreasing information costs.
Information costs refer to the costs associated with acquiring, processing, and transmitting information.
In summary, economies of scale are achieved through a combination of factors, including the reduction of transactions costs. Decreases in information costs can help to reduce transactions costs, which in turn can lead to lower costs per unit and increased efficiencies. However, in some cases, companies may need to increase the scale of their operations in order to achieve economies of scale. Option B.
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Read the case given and answer the questions:
Nawal was the first of her family to go to college and, after working in a reputed organization for a few years, she got into her first-choice graduate program. During her first semester, Nawal was seen as mature, professional, and well-organized. Concerns emerged during the spring semester; she seemed distracted when on campus and was absent from organization more days than she was present. She was working on a paper, but progress was slow, and in March Nawal failed to turn in a draft on the date promised. Her advisor Dr. Hamed assumed that more structure was needed, so she began to set very explicit expectations for products with specific deadlines attached. During their meetings, Nawal was enthusiastic about her projects and eagerly promised to get the work done. However, the pattern of failing to deliver kept repeating itself. Finally, after an extended stretch when Nawal was absent from the organization and had missed a deadline for a draft, Dr. Hamed called her in to ask if she was serious about her work. Nawal teared up and revealed that her mother was seriously ill, and she had been driving the three hours back home every weekend for the last several months to help her family. She had thought it inappropriate to mention her family crisis, not wanting to acknowledge that her personal life was interfering with her graduate studies. She asked Dr. Hamed if she should withdraw from the program.
Assignment Questions: Marks: 10
Q1. What are the main themes raised in this case?(2Marks)
Q2. What is the best course of action for this student for the immediate future? (2Marks)
Q3. How can organization develop successful mentoring programs to help its work force? (3Marks)
Q4. What policy changes might the department implement to avoid a repeat of the situation in the future, with another student?(3Marks)
1. The main themes raised in this case are communication, work-life balance, and the impact of personal issues on professional performance.
2. The best course of action for Nawal in the immediate future is to discuss her situation with her advisor and explore potential options.
3. Organizations can develop successful mentoring programs by identifying suitable mentors, expressing expectations, offering training, scheduling regular check-ins, and encouraging communication.
4. The policy changes can be implemented including creating personal crises reporting system, encouraging communication, offering mental health and wellness resources, offering flexible schedule, promoting culture of empathy.
1. The main themes raised in this case are the challenges faced by first-generation college students, the importance of communication and support in academic and personal life, and the need for empathy and understanding from advisors and faculty members. It elaborates on the importance of work-life balance and effects of personal issues on performance.
2. The best course of action for this student for the immediate future would be to discuss her situation with her advisor and explore options for support and accommodations, such as request a temporary leave of absence or an extension on her deadlines to accommodate her personal circumstances. She may also benefit from seeking counseling or other forms of emotional support to cope with the stress and challenges of her personal situation.
3. Organizations can develop successful mentoring programs by:
Identifying and matching mentors and mentees based on their needs and goals.Providing clear expectations and guidelines for the mentoring relationship.Offering training and resources to both mentors and mentees.Scheduling regular check-ins to monitor progress and address any issues.Encouraging open communication and feedback between mentors and mentees.4. To avoid a repeat of this situation in the future, the department could implement policy changes such as:
Creating a system for students to report personal crises or difficulties that may impact their academic performance, and providing support and accommodations accordingly. Encouraging open communication and regular check-ins between advisors and students to identify and address any issues or challenges. Offering resources and support for mental health and wellness, such as counseling services or workshops on stress management. Providing more flexibility and options for course schedules, assignments, and deadlines to accommodate different student needs and circumstances. Promoting a culture of empathy and understanding among faculty, staff, and students to foster a supportive and inclusive learning environment.Learn more about Mentoring programs:
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In 2021, Ryan Management collected rent revenue for 2022 tenant occupancy. For financial reporting, the rent is recorded as deferred revenue and then recognized as revenue in the period tenants occupy rental property. For tax reporting, the rent is taxed when collected in 2021. The deferred portion of the rent collected in 2021 was $130. 0 million. No temporary differences existed at the beginning of the year, and the tax rate is 25%. Suppose the deferred portion of the rent collected was $60 million at the end of 2022. Taxable income is $520 million.
Required:
Prepare the appropriate journal entry to record income taxes Iin 2022
To record income taxes in 2022, you need to consider the deferred portion of rent collected in 2021, which was $130 million, and the deferred portion of rent collected at the end of 2022, which was $60 million. The taxable income in 2022 is $520 million, and the tax rate is 25%.
First, calculate the change in the deferred portion of rent:
Change in deferred rent = Deferred rent in 2021 - Deferred rent in 2022
Change in deferred rent = $130 million - $60 million = $70 million
Next, calculate the income tax expense based on taxable income:
Income tax expense = Taxable income * Tax rate
Income tax expense = $520 million * 25% = $130 million
Now, calculate the deferred tax liability:
Deferred tax liability = Change in deferred rent * Tax rate
Deferred tax liability = $70 million * 25% = $17.5 million
Finally, prepare the journal entry to record income taxes in 2022:
- Debit Income Tax Expense: $130 million
- Credit Deferred Tax Liability: $17.5 million
- Credit Income Taxes Payable: $112.5 million ($130 million - $17.5 million)
Your answer: In 2022, the journal entry to record income taxes includes a debit to Income Tax Expense for $130 million, a credit to Deferred Tax Liability for $17.5 million, and a credit to Income Taxes Payable for $112.5 million.
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Vaughan Company has the opportunity to invest in a project that will cost $40,000 and have a useful life of 6 years and a salvage value of $10,000. Each year the project will generate revenue of $15,000. Annually it will cost $1,000 for insurance, $1,000 for maintenance, and $3,000 for utilities. The company requires that a project payback in 50% of its useful life or less and the minimum rate of return for the accounting rate of return is 15%. Vaughan uses the straight line method of depreciation
The ARR (20%) is greater than the minimum required rate of return (15%), the project appears to be viable.
Evaluate the viability of the project, we need to calculate its net present value (NPV), internal rate of return (IRR), payback period, and accounting rate of return (ARR).
First, let's calculate the annual cash flows for the project:
Annual revenue: $15,000
Annual expenses: $1,000 (insurance) + $1,000 (maintenance) + $3,000 (utilities) = $5,000
Annual depreciation: ($40,000 - $10,000) / 6 = $5,000
Annual cash flow = $15,000 - $5,000 = $10,000
Next, let's calculate the project's NPV using a discount rate of 15%:
Year 0: -$40,000 (initial investment)
Years 1-6: $10,000 (annual cash flow)
NPV = -$40,000 + ($10,000 / (1 + 0.15)^1) + ($10,000 / (1 + 0.15)^2) + ... + ($10,000 / (1 + 0.15)^6)
NPV = -$7,308.60
Since the NPV is negative, the project is not viable.
Next, let's calculate the IRR of the project:
Year 0: -$40,000 (initial investment)
Years 1-6: $10,000 (annual cash flow)
IRR = 16.59%
Since the IRR (16.59%) is greater than the minimum required rate of return (15%), the project appears to be viable. However, we need to check if the payback period is less than 50% of the useful life of the project.
Payback period = $40,000 / $10,000 per year = 4 years
Since the payback period is less than 50% of the useful life of the project (3 years), the project meets the company's requirement.
Finally, let's calculate the ARR of the project:
Average net income = ($10,000 x 6 years - $30,000) / 6 = $5,000
Average investment = ($40,000 + $10,000) / 2 = $25,000
ARR = ($5,000 / $25,000) x 100% = 20%
Since the ARR (20%) is greater than the minimum required rate of return (15%), the project appears to be viable.
Overall, the IRR and ARR suggest that the project is viable, but the negative NPV indicates that the project may not generate sufficient returns to compensate for the initial investment. Therefore, the company should carefully evaluate the project's risks and benefits before making a final decision.
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What bankruptcy provision has the bank chosen?
Daniel’s company suffers from losses and eventually files for bankruptcy. Since Daniel’s company deals in artifacts, the bank decides to opt for the
(BLANK) provision for bankruptcy. Through this provision, the company decides to auction the goods and recover a portion of the debt
The bank has likely chosen to use chapter 7 of the Bankruptcy code which is the "liquidation provision" for bankruptcy in the case of Daniel's company.
This provision involves the sale of the company's assets, such as artifacts, to raise funds to pay off its debts to creditors, including the bank. The proceeds from the sale are distributed among creditors in order of priority, with secured creditors being paid first, followed by unsecured creditors.
In a liquidation bankruptcy, the bankruptcy court appoints a trustee who is responsible for selling the company's assets and distributing the proceeds to creditors. The trustee is typically a licensed attorney or accountant who specializes in bankruptcy law. The trustee has the authority to negotiate with creditors and may also have the power to operate the company's business for a short period of time in order to maximize the value of its assets.
One advantage of a liquidation bankruptcy is that it provides a relatively quick resolution to the company's financial problems. Once the assets are sold and the proceeds are distributed to creditors, the bankruptcy case is closed. However, the downside of this type of bankruptcy is that the company's owners typically lose control of the business, and the assets may be sold for less than their true value. Additionally, the bankruptcy filing may have a negative impact on the company's credit rating and make it difficult for the owners to secure financing in the future.
In summary, the bank has likely chosen to use the liquidation provision for bankruptcy in the case of Daniel's company. This provision involves the sale of the company's assets to pay off its debts to creditors, with the proceeds being distributed in order of priority. While liquidation bankruptcy provides a quick resolution to the company's financial problems, it also comes with certain downsides such as loss of control over the business and potential negative impact on the company's credit rating.
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Uppose the market demand function (expressed in dollars) for a normal product is
P = 80 – q, and the marginal cost (in dollars) of producing it is MC = 1q, where P is the
price of the product and q is the quantity demanded and/or supplied. A. B. C. D. 3. 4. 5. Suppose you were asked to comment on a proposed policy to control oil spills. Since the
average cost of an oil spill has been computed as $X, the proposed policy would require
any firm responsible for a spill immediately to pay the government $X. Is this likely to
result in the efficient amount of precaution against oil spills? Why or why not?
"In environmental liability cases, courts have some discretion regarding the magnitude
of compensation polluters should be forced to pay for the environmental incidents they
cause. In general, however, the larger the required payments the better. " Discuss. Label each of the following propositions as descriptive or normative and defend your
choice:
a. B. C. D. E. 6. How much would be supplied by a competitive market?
Compute the consumer surplus and producer surplus. Show that their sum is
maximized. Compute the consumer surplus and the producer surplus assuming this same product
was supplied by a monopoly. (Hint: The marginal revenue curve has twice the slope
of the demand curve. )
Show that, when this market is controlled by a monopoly, producer surplus is larger,
consumer surplus is smaller, and the sum of the two surpluses is smaller than when
the market is controlled by competitive industry
The consumer surplus is 800 and the producer surplus is 1560. The monopoly results in a larger producer surplus and a smaller consumer surplus is 2360, leading to a smaller total surplus compared to a competitive industry.
In a monopoly, the price is determined by equating marginal revenue (MR) with marginal cost (MC). Since the marginal revenue is twice the slope of the demand curve,
MR = 80 - 2q.
Setting MR = MC = q gives the monopolist's output as q = 40.
Substituting this output into the demand function, we get the monopoly price as
P = 80 - 40 = 40.
Consumer surplus is the area between the demand curve and the price line up to the quantity demanded, which is
(1/2) x (80 - 40) x 40 = 800.
Producer surplus is the difference between the price and the marginal cost times the quantity supplied, which is
(40 - 1) x 40 = 1560.
Under perfect competition, the price is determined by the intersection of demand and supply, which gives a price of P = MC = 1q.
The competitive output is q = 40, the same as the monopolist's output. Consumer surplus is the same as before, but producer surplus is
(40 - 1) x 40 = 1560,
which is the same as the monopolist's producer surplus. The total surplus is the sum of consumer and producer surplus, which is
(1/2) x (80 - 1) x 40 = 1560 + 800 = 2360,
which is greater than the total surplus under monopoly. Therefore, the monopolist's control over the market leads to a reduction in consumer surplus and total surplus, while increasing producer surplus.
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--The given question is incomplete, the complete question is given
" Suppose the market demand function (expressed in dollars) for a normal product is P=80-q, and the marginal cost (in dollars) of producing it is MC=1q, where P is the price of the product and q is the quantity demanded and/or supplied.
(a) Compute the consumer surplus and the producer surplus assuming this same product was supplied by a monopoly. (Hint: The marginal revenue curve has twice the slope of the demand curve)
(b) Show that when this market is controlled by a monopoly, producer surplus is larger, consumer surplus is smaller, and the sum of the two surpluses is smaller than when the market is controlled by competitive industry."--
1. Suppose a government has no debt and a balanced budget. Suddenly it decides to spend $5
trillion while raising only $4. 5 trillion worth of taxes.
(a) What will be the government's deficit?
(b) If the government finances the deficit by issuing bonds, what amount of bonds will it
issue?
(c) At a 4 percent rate of interest, how much interest will the government pay each year?
(d) Add the interest payment to the government's $5 trillion expenditures for the next year,
and assume that taxes remain at $4. 5 trillion. In the second year, compute the
(i) Deficit
(ii) Amount of new debt (bonds) issued.
(iii) Total debt at end of year.
(iv) Debt service requirement
The government's deficit, given that it decides to spend $5 trillion while raising only $4.5 trillion worth of taxes, will be $0.5 trillion (5 - 4.5 = 0.5).
To finance this deficit by issuing bonds, the government will need to issue $0.5 trillion worth of bonds.
At a 4 percent rate of interest, the government will pay $0.02 trillion (0.5 x 0.04) in interest each year. Adding the interest payment to the government's $5 trillion expenditures for the next year and assuming that taxes remain at $4.5 trillion, the second-year figures are as follows:
(i) Deficit: $5.02 trillion (5 + 0.02) in expenditures minus $4.5 trillion in taxes = $0.52 trillion
(ii) Amount of new debt (bonds) issued: $0.52 trillion
(iii) Total debt at end of the year: $0.5 trillion (initial debt) + $0.52 trillion (new debt) = $1.02 trillion
(iv) Debt service requirement: 4% of $1.02 trillion = $0.0408 trillion or $40.8 billion
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Complete question:
1. Suppose a government has no debt and a balanced budget. Suddenly it decides to spend $5
trillion while raising only $4. 5 trillion worth of taxes.
(a) What will be the government's deficit?
(b) If the government finances the deficit by issuing bonds, what amount of bonds will it
issue?
(c) At a 4 percent rate of interest, how much interest will the government pay each year?
(d) Add the interest payment to the government's $5 trillion expenditures for the next year,
and assume that taxes remain at $4. 5 trillion. In the second year, compute the
(i) Deficit
(ii) Amount of new debt (bonds) issued.
(iii) Total debt at end of year.
(iv) Debt service requirement
A car manufacturer requires tires. If the lead time for tires is 3 days, the inventory of tires is consumed at a rate of 300 per day, and the manufacturer wishes to maintain a safety stock of 500 tires, what should the reorder point be?
In the given problem, a car manufacturer requires tires. If the lead time for tires is 3 days, the inventory of tires is consumed at a rate of 300 per day, and the manufacturer wishes to maintain a safety stock of 500 tires, we need to find the reorder point. Reorder point can be calculated using the following formula:
Reorder point = Lead time demand + Safety stock
Where:
Lead time demand = Lead time x Daily demand
Therefore,
Lead time demand = 3 x 300 = 900Safety stock = 500Reorder point = 900 + 500 = 1400Hence, the reorder point for the car manufacturer should be 1400 tires.
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Marie and ramesh form roundtree corporation with the transfer of the following. marie performs personal services for the corporation with a fair market value of $168,000 in exchange for 400 shares of stock. ramesh contributes an installment note receivable (basis $25,000; fair market value $30,000), land (basis $50,000; fair market value $170,000), and inventory (basis $377,600; fair market value $472,000) in exchange for 1,600 shares.
required:
determine marie and ramesh's current income, gain, or loss and calculate the basis that each takes in the roundtree stock.
Marie's current income is $168,000, and she takes a basis of $168,000 in Roundtree Corporation stock. Ramesh has a total gain of $219,400 and takes a basis of $452,600 in Roundtree Corporation stock.
To determine Marie and Ramesh's current income, gain, or loss and the basis each takes in Roundtree Corporation stock, follow these steps:
Step 1: Determine the value of contributions made by Marie and Ramesh
- Marie's contribution: Personal services with a fair market value (FMV) of $168,000
- Ramesh's contributions:
1. Installment note receivable: Basis $25,000, FMV $30,000
2. Land: Basis $50,000, FMV $170,000
3. Inventory: Basis $377,600, FMV $472,000
Step 2: Calculate the income, gain, or loss for Marie and Ramesh
- Marie: As personal services are not considered a capital asset, there is no gain or loss for Marie. Her income is the FMV of her services, $168,000.
- Ramesh:
1. Installment note receivable: Gain = FMV - Basis = $30,000 - $25,000 = $5,000
2. Land: Gain = FMV - Basis
= $170,000 - $50,000
= $120,000
3. Inventory: Gain = FMV - Basis
= $472,000 - $377,600
= $94,400
Total gain for Ramesh: $5,000 + $120,000 + $94,400
= $219,400
Step 3: Calculate the basis each takes in Roundtree Corporation stock
- Marie: Basis in stock = FMV of her services = $168,000
- Ramesh: Basis in stock = Basis of contributed assets = $25,000 (installment note receivable) + $50,000 (land) + $377,600 (inventory) = $452,600
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Variety and volume are important parameters when it comes to process design. Indicate the type of process you would use for the following options;A high volume, low variety service such as a supermarket checkout: (Mass service/Batch process/Continues process/Profesional service) Select one of the optionsA low volume, high variety service industry such as a lawyers practice: (Profesional service/Jogging process/Mass service/Service shops) Select one of the optionsA high variety, low volume production such as building construction: (Mass service/Batch process/Project process/Profesional service) Select one of the optionsA low variety, high volume production such as an automobile assembly line; (Mass process/jobbing process/Service shops/Mass services) Select one of the options
Variety and volume are important parameters when it comes to process design. The type of process for variety of different volumes will be as follows:
For a high volume, low variety service such as a supermarket checkout, the type of process that would be most appropriate is a Batch process. This involves processing a large quantity of similar items at once, which is ideal for the high volume of customers going through the supermarket checkout.For a low volume, high variety service industry such as a lawyers practice, the most suitable type of process would be a Professional service. This involves providing highly customized and personalized services to clients, which is necessary for the high variety of legal cases that a lawyers practice deals with.Learn more about specialization here: https://brainly.com/question/31051492
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If Shelves Unlimited makes a batch of 250 book shelves, how much time will be required onthe Router?
Without knowing the time taken by the router, it is not possible to provide a specific answer.
To determine the time required on the router for Shelves Unlimited to make a batch of 250 bookshelves, you will need the following information:
1. The time it takes for the router to work on one bookshelf.
Once you have this information, you can calculate the total time required for the router to work on the entire batch of 250 bookshelves.
Here's a step-by-step explanation:
Step 1: Obtain the time it takes for the router to work on one bookshelf.
Let's assume it takes 'x' minutes to complete one bookshelf.
Step 2: Multiply the time for one bookshelf by the total number of bookshelves in the batch.
Total time required = x minutes/bookshelf * 250 bookshelves
Without the exact time taken by the router to work on a single bookshelf, we cannot provide a specific answer. However, once you have that information, you can use the steps above to calculate the total time required for the router to work on a batch of 250 bookshelves.
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If u have internet look for a nepali ecommerce firm what do they sell where
If you are looking for a Nepali e-commerce firm, one example is Daraz. Daraz is an online marketplace that operates in Nepal, providing customers with a wide variety of products, such as electronics, clothing, home appliances, and more.
They sell these items through their website (daraz.com.np) and mobile app, where users can browse, compare, and purchase products conveniently.
Daraz delivers items across Nepal, covering various cities and towns. They also offer multiple payment options, including cash on delivery and online payments, for a seamless shopping experience.
In summary, a Nepali e-commerce firm like Daraz sells a diverse range of products online and delivers them to customers throughout Nepal.
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E-Eyes just issued some new 20/20 preferred stock. The issue will pay an annual dividend of $11 in perpetuity, beginning 16 years from now. If the market requires a return of 4. 1 percent on this investment, how much does a share of preferred stock cost today
To calculate the price of a share of preferred stock today, we need to use the present value formula. Since the dividend payment begins 16 years from now and is perpetual, it is considered a perpetuity. The formula for the present value of a perpetuity is:
PV = D / r
Where PV is the present value, D is the annual dividend payment, and r is the required rate of return.
In this case, the annual dividend payment is $11 and the required rate of return is 4.1 percent. Therefore, the present value of the perpetuity is:
PV = $11 / 0.041 = $268.29
So, a share of preferred stock today would cost $268.29. This means that investors would be willing to pay this amount today in order to receive $11 in perpetuity, beginning 16 years from now, and assuming a required rate of return of 4.1 percent.
It's important to note that the actual market price of the preferred stock may be different from the calculated present value, as it also depends on factors such as supply and demand, market conditions, and the company's financial performance.
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Most state workers' compensation statutes exempt each of the
following except
Multiple Choice
a full-time custodial worker employed at a local store.
a housekeeper who injures her back while vacuu
All of the above are exempt from workers' compensation laws, with the exception of a maid who suffers a back injury while vacuuming a rug. Here option B is the correct answer.
Workers' compensation statutes typically provide benefits to employees who suffer injuries or illnesses in the course of their employment. However, many states have exemptions or exclusions that limit coverage for certain types of workers or injuries.
Option A, a full-time custodial worker employed at a local store, is not exempt from workers' compensation coverage in most states. Similarly, option C, a college student who works as a lifeguard during his summer vacation, is usually covered under workers' compensation laws as long as he is considered an employee of the pool.
Option D, a college student who regularly works part-time for a florist after classes and is injured while making a delivery, is also generally covered under workers' compensation laws because he is considered an employee.
Option B, however, describes a housekeeper who injures her back while vacuuming a rug. Depending on the state, household employees like housekeepers may be exempt from workers' compensation coverage. This is because household employers are not required to carry workers' compensation insurance for their employees in some states.
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Complete question:
Most state workers' compensation statutes exempt each of the following except: Multiple Choice
A - a full-time custodial worker employed at a local store.
B - a housekeeper who injures her back while vacuuming a rug.
C - a college student who works two months a year during his summer vacation as a lifeguard at a pool and is injured while saving a woman.
D - a college student who regularly works part-time for a florist after classes and is injured while making a delivery to a customer.
A cocktail costs $1. 06 per portion. If the beverage cost percent for the bar is 22%, what is the selling price for the drink?
The selling price for the cocktail should be $1.36. This takes into account the cost of the ingredients, as well as the overhead expenses and profit margin of the bar.
To calculate the selling price for a drink, we need to take into account the cost of the ingredients, as well as the overhead expenses and the profit margin that the bar aims to make. Let's break down the problem step by step. First, we know that the cost of a portion of the cocktail is $1.06. This means that the cost of the ingredients, including any garnishes or mixers, is $1.06 per drink.
Next, we need to calculate the beverage cost percentage for the bar. This is the percentage of the selling price that goes towards the cost of the drink itself. In this case, the beverage cost percentage is 22%, which means that 22 cents out of every dollar earned from selling the drink will go toward the cost of the ingredients.
To determine the selling price, we need to use the following formula:
selling price = cost of drink / (1 - beverage cost percentage)
Plugging in the numbers we have, we get:
selling price = $1.06 / (1 - 0.22)
selling price = $1.06 / 0.78
selling price = $1.36
It's important for bars to carefully calculate their beverage cost percentages and selling prices to ensure that they are making a profit while still offering competitive prices to customers.
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11. More on the corporate valuation model 123 Warehousing is expected to generate a free cash flow (FCF) of $10,270. 00 million this year (FCF, = $10,270. 00 million), and the FCF is expected to grow at a rate of 21. 40% over the following two years (FCF, and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 2. 82% per year, which will last forever (FCF). Assume the firm has no nonoperating assets. If 123 Warehousing's weighted average cost of capital (WACC) is 8. 46%, what is the current total firm value of 123 Warehousing? (Note: Round all intermediate calculations to two decimal places. ) $307,865. 25 million $248,201. 19 million $297,841. 43 million O $31,930. 68 million
The current total firm Warehousing value of 123 Warehousing is $248,201.19 million, rounded to two decimal places. Therefore, the correct answer is option B: $248,201.19 million.
The current total firm value of 123 Warehousing, we can use the corporate valuation model, which is:
V :[tex](FCF1 / (1 + WACC)^1) + (FCF2 / (1 + WACC)^2) + ... + (FCFn / (1 + WACC)^n) + (TV / (1 + WACC)^n)[/tex]
FCF1 = Free cash flow for the current year
FCF2 = Free cash flow for the next year
n = the last year of the high-growth phase
TV = Terminal value of the firm, calculated as (FCFn+1 x (1 + g)) / (WACC - g), where g is the perpetual growth rate after the high-growth phase
FCF1 = $10,270.00 million
FCF2 = FCF1 x (1 + growth rate) = $12,451.54 million
FCF3 = FCF2 x (1 + growth rate) = $15,090.48 million
n = 3
WACC = 8.46%
g = 2.82%
TV = (FCF4 x (1 + g)) / (WACC - g)
= ($15,090.48 million x (1 + 2.82%)) / (8.46% - 2.82%)
= $319,183.75 million
Now, we can plug in all the values into the corporate valuation model equation: V:
[tex](FCF1 / (1 + WACC)^1) + (FCF2 / (1 + WACC)^2) + (FCF3 / (1 + WACC)^3) + (TV / (1 + WACC)^3)[/tex]
[tex]($10,270.00 million / (1 + 8.46)^1) + ($12,451.54 million / (1 + 8.46)^2) + ($15,090.48 million / (1 + 8.46)^3) + ($319,183.75 million / (1 + 8.46)^3)[/tex]
V = $248,201.19 million
Therefore, the current total firm value of 123 Warehousing is $248,201.19 million, rounded to two decimal places. Therefore, the correct answer is option B: $248,201.19 million.
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This week we are focused on charismatic and transformational leadership and leading ethically in a diverse culture. Transformational leaders focus on reproducing core values in followers and creating a unified movement within an organization through inspirational vision, commitment to developing followers, and relational community (Bass & Steidlmeier, 1999), using the 4 I's:
Idealized Influence: Transformational leaders serve as a role model for followers and is admired for this
Inspirational Motivation: Transformational leaders have the ability to motivate and inspire followers
Individualized Consideration: Transformational leaders demonstrate genuine concern for the needs and feelings of followers which bring out the best in each individual
Intellectual Stimulation: Transformational leaders challenge followers to be innovative and creative
Reflect on someone who you feel is a transformational leader, who also is well-known in your country/culture. Consider the following four questions:
- How does this person serve as a role model?
- How do they inspire a team with a shared vision?
- How do they demonstrate genuine concern for others?
- How do they challenge others to be innovative and creative?
A transformational leader who is well-known in my country and embodies the 4 I's of Idealized Influence, Inspirational Motivation, Individualized Consideration, and Intellectual Stimulation is Nelson Mandela.
Nelson Mandela is an excellent example of transformational leader. Transformational leaders focus on reproducing core values in followers and creating a unified movement within an organization through inspirational vision, commitment to developing followers, and relational community using the 4 I's i.e., Idealized Influence, Inspirational Motivation, Individualized Consideration, and Intellectual Stimulation.
Nelson Mandela serves as a role model through his resilience, humility, and commitment to social justice. Despite spending 27 years in prison, he emerged as a symbol of hope and reconciliation, and his unwavering dedication to equality has inspired countless individuals worldwide.
Mandela inspired a team with a shared vision by uniting people from diverse backgrounds under the common goal of creating a democratic and just society. He emphasized the importance of inclusivity, dialogue, and forgiveness in overcoming the deep-seated divisions in South Africa.
Mandela demonstrated genuine concern for others by actively listening to their needs, engaging in open communication, and promoting social upliftment through various initiatives, such as education and healthcare programs. His empathetic nature and ability to connect with people from all walks of life showed his deep commitment to the well-being of others.
Lastly, Mandela challenged others to be innovative and creative by encouraging them to think critically and find solutions to complex societal problems. He believed that a successful and prosperous nation could only be built through the collective efforts of its people, fostering an environment of collaboration and problem-solving.
In summary, Nelson Mandela exemplifies a transformational leader through his idealized influence as a role model, inspirational motivation in promoting a shared vision, individualized consideration for others' needs and feelings, and intellectual stimulation by challenging people to be creative and innovative in addressing social issues.
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As a role model, Oprah has achieved great success through hard work and dedication to her craft. Oprah has inspired countless people with her vision of empowering individuals to live their best lives.
As a role model, Oprah has achieved great success through hard work and dedication to her craft. She has built a media empire and is highly respected for her integrity and authenticity. She has consistently demonstrated her commitment to social justice and equality, which has made her a beacon of hope for many.
Oprah has inspired countless people with her vision of empowering individuals to live their best lives. She has created a sense of community and connection through her work, bringing together people from all walks of life.
Oprah is known for her genuine concern for others. She has used her platform to promote important causes and to help individuals who are in need. She has been a champion for those who have been marginalized and has worked to create opportunities for those who have been overlooked. Her commitment to giving back has inspired others to do the same.
Finally, Oprah challenges others to be innovative and creative. She has consistently pushed the boundaries of what is possible and has encouraged others to do the same. She has fostered a culture of innovation and creativity within her organization, which has allowed her team to produce groundbreaking work that has had a significant impact on the world.
In summary, Oprah Winfrey is a transformational leader who serves as a role model, inspires a team with a shared vision, demonstrates genuine concern for others, and challenges others to be innovative and creative. She is a true inspiration and a shining example of what can be achieved through transformational leadership.
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product differentiation is the process that firms use to make a product more attractive to potential customers. for each firm listed below, select the way it differentiates its products. a. a library with only large-print books differentiates its products with . b. starbucks' many stores in the same area differentiates its products with . c. jaguar motors differentiates its products with
a. A library with only large-print books differentiates its products with a unique product feature (i.e. large-print books).
b. Starbucks' many stores in the same area differentiates its products with convenience and accessibility.
c. Jaguar Motors differentiates its products with a superior quality and luxurious design.
Product differentiation is a marketing tactic used by businesses to distinguish their goods or services from those of their rivals. It entails developing distinctive product features that set the product apart from rivals on the market, such as design, quality, performance, functionality, or branding. Companies can draw and keep customers who are willing to pay more for the distinctive features or advantages that their products offer by differentiating their products. Product differentiation can also give businesses a competitive edge by fostering customer loyalty to their brands.
Offering superior quality, a distinctive design, cutting-edge features, first-rate customer service, or lower prices are a few examples of product differentiation strategies.
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cooperation is achieved in an oligopoly market when group of answer choices most of the firms in the market decide not to cheat. at least one of the firms in the market decide not to cheat. all of the firms in the market decide not to cheat. some of the firms in the market decide not to cheat.
Cooperation in an oligopoly market occurs when firms in the market decide not to cheat on their agreements and instead work together to maximize their collective profits. So, correct option is C.
Option (c) "all of the firms in the market decide not to cheat" would be the ideal situation for cooperation in an oligopoly market, as it ensures that there are no outliers who might take advantage of the others' willingness to cooperate.
However, this situation is rare, as each firm has its own interests and may choose to cheat if it believes that doing so will result in greater profits.
Option (a) "most of the firms in the market decide not to cheat" could also lead to cooperation in an oligopoly market. If a majority of firms decide not to cheat, it may be difficult for the remaining firms to successfully cheat without facing consequences from the other firms.
Option (d) "some of the firms in the market decide not to cheat" is also possible, but it would require a level of coordination among the firms to ensure that those who do cheat do not gain an unfair advantage.
Overall, cooperation in an oligopoly market depends on the willingness of firms to work together, their ability to enforce agreements, and the benefits that come from cooperation compared to cheating.
So, correct option is C.
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Complete question is:
cooperation is achieved in an oligopoly market when group of answer choices
a) most of the firms in the market decide not to cheat.
b) at least one of the firms in the market decide not to cheat.
c) all of the firms in the market decide not to cheat.
d) some of the firms in the market decide not to cheat.