Given the principal amount = 1000$, and an interest rate of 5%. Given, the account balance should be double in a certain time period. Therefore, we have to find the time period. Therefore, the amount would be 2000$.
The formula is Amount = Principal Amount + Interest.
And, the interest is (Principal Amount * Time period * Rate of interest) / 100.
Amount = Principal Amount + Interest
=> Interest = (1000 * T * 5) / 100 [T is unknown]
Therefore, the Interest is 50T.
2000$ = 1000$ + 50T
=> 50T = 1000
=> T = 20
Therefore, the Time period is 20 years.
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if an incremental analysis is applied to evaluate two alternatives and it is determined that incremental revenues equal incremental costs, which of the following would be used to make the appropriate decision?
In order to compare the true costs of different options, businesses employ incremental analysis as a decision-making tool.
What is Types of Incremental Analysis Decisions?Companies use incremental analysis to determine whether or not to accept customized orders. Usually, the price of this special order is less than its regular selling price. To make sure a restricted resource is used as effectively as possible, incremental analysis helps allocate scarce resources to a number of product lines.A decision to abandon a project, rebuild an asset, create or purchase goods, or any other action necessitates an incremental study of the opportunity costs. Incremental analysis also sheds light on whether a product should continue to be manufactured or sold at a specific stage of the production process.Businesses use incremental analysis to determine how to allocate resources, whether to accept more business, whether to manufacture or purchase products, whether to sell or process products further, whether to eliminate a product or service, and more.To Learn more About incremental analysis refer to:
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one difficulty that decision makers experience in problem identification is that suppliers, employees, and customers offer and withhold information that distorts the situation. this problem is known as
One difficulty that decision makers experience in problem identification is that suppliers, employees, and customers offer and withhold information that distorts the situation. this problem is known as Stakeholder Framing.
What is a Stakeholder?Stakeholders are any people or organizations that are impacted by a project, initiative, policy, or organization, either favorably or unfavorably. They may be internal (employees employed by your business) or external (people outside of your organization).
As a result, stakeholders are individuals, teams, or groups who have a direct or indirect relationship with or impact on a project, good, service, or company. Stakeholders consequently influence a company's business approach.
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Maria, age 16, from a wealthy family, purchases designer jeans on credit for $300. The true fair market value for the jeans is $75. What is true of this case?
She may not disaffirm and is liable for $75
Maria, age 16, from a wealthy family, purchases designer jeans on credit for $300. The true fair market value for the jeans is $75. She may not disaffirm and is liable for $75.
Jeans are a style of pant or pair of trousers made of dungaree or denim fabric. The term "jeans" frequently refers to a specific type of pants, known as "blue jeans," with copper-riveted pockets that were created by Jacob W.
Davis in 1871 and were granted a patent by Davis and Levi Strauss on May 20, 1873. Blue-colored denim-based clothing had long been referred to as "blue jeans" before the patent was issued. In addition, "Jean" alludes to a robust fabric that is typically made with a cotton warp and a wool weft. Like denim, jeans can also be made entirely of cotton.
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How does price discrimination move a market that is not perfectly competitive to an efficient output level?.
Price discrimination is most valuable when the profit that is earned as a result of separating the markets is greater than the profit that is earned as a result of keeping the markets combined.
What is price discrimination?
Price discrimination is a selling strategy that charges customers different prices for the same product or service based on what the seller thinks they can get the customer to agree to. When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. In more prevalent types of price discrimination, the supplier divides clients into groups based on particular characteristics and assesses a different price for each group. When a seller discriminates on pricing, each consumer pays a different price for the same good or service.
The business imposes first-degree discrimination by charging the highest price attainable for each consumed unit.
Discounts for goods or services purchased in bulk constitute second-degree discrimination, whereas different prices for various consumer groups constitute third-degree discrimination.
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If cae of emergency, can you entrut your valuable item like jewelrie in a pawnhop? Why/why not?
You can redeem the pawn at any time by paying what you owe and obtaining the item back. If you do not repay the loan throughout the redemption amount, the lender will sell it to recover the money.
Since people seeking a pawn loan generally cannot qualify for a conventional loan, the chance of default is higher. that is why pawn retailers build loans with well higher interest rates than banks generally charge for private loans. State law governs the number of interests a pawn look is allowed to charge.
Unfortunately, the mercantilism of your jewelry to a pawn look is probably going to ensure you the all-time low quantity of cash in exchange for your valuables because of the pawn look.
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identifying the facts and issues partnerships are a select answer association of individuals and are formed by select answer of the partners. when short signed the lease agreement with ikon for office equipment, short, gonzaga, and baker select answer still a partnership. assessment question
Partnerships are an association of individuals and are formed by sharing ownership of a business.
What is a Partnership?A Partnership is a form of business in which two or more persons come together to share ownership of the business and to manage the profits and losses of the business as well as other risks associated with the business.
The partners share their resources and also commit same to the advancement of the business. Whatever returns they get will promote the business and if they suffer any losses, they will also share these. So, sharing is a central feature of partnerships.
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What 5 steps would you take to open a bank account for a client?.
The following are the steps to open a bank account :
Choose a bank
Confirm eligibility requirements
Choose the right accounts for you
Start the application at your bank
What are the procedure to take open a bank account ?Select a bank: Before opening your bank account, you might want to think about the features, advantages, perks, ATM locations, and types of accounts provided by your preferred bank as well as any applicable monthly service fees and other costs that may apply.
Verify the eligibility criteria: Verify the eligibility and age criteria for opening a savings or checking account with the bank or credit union.
For instance, most banks require a parent or guardian to participate in the process of opening a student checking account, and you typically need to be at least 18 years old to open a checking account. Some banks demand that both applicants be present when applying for a student checking account or a child's first savings account.
Select the appropriate accounts for you: You can typically choose the kinds of products you want in advance of the application procedure, such as a checking account, savings account, or both. Make sure you are familiar with the account features by reading the account papers in their entirety.
Start your bank application there: Visit their local branch or website to learn more about their application process and to access the application once you have decided on a bank or credit union and the type of account.
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when you calculate marginal costs, they should include: only fixed costs. the market price of the product. both the variable and fixed costs. only variable costs.
When you calculate marginal costs, they should include: both the variable and fixed costs.
Option C is correct.
What is Marginal Cost?Marginal cost refers to the increase in production costs caused by producing additional units of a product. Also called the marginal cost of production. By calculating marginal cost, firms can see how output affects costs and, ultimately, profits.
Why does marginal cost increase?In general, the marginal cost of production tends to increase as the production volume increases. Marginal costs allow manufacturers to determine how to allocate resources to production units and maximize output.
Why Marginal Cost Matters?Marginal cost of production is used to measure the change in the cost of a product due to the production of additional units of production. Once the company reaches the optimal production level, producing additional units will increase the production cost per unit.
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oriole company uses the percentage of reecievales basis to record bad debt expese. accounts reciebale (ending bal;cne) q5000 (debt) allowance for doubtful accounts (unbadjuste4d)
The basic method for calculating the proportion of bad debt is pretty simple. Divide the amount of awful debt by the whole debts receivable for a period, and multiply via 100.
Which account kind is used to record bad debt estimation?Recording terrible debt includes a debit and a savings entry. Here's how it's done: A debit entry is made to a horrific debt expense. An offsetting credit score entry is made to a contra asset account, which additionally referred to as the allowance for dubious accounts.
Which approach is pleasant for accounting for horrific debts?The direct write off method is one of two methods to account for terrible money owed in bookkeeping. The other technique is the allowance method. A terrible debt is an quantity owing that a customer will not pay.In the direct write off method, a small commercial enterprise proprietor can debit the Bad Debts Expense account and credit score Accounts Receivable.
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https://brainly.com/question/29414667#SPJ4Coolidge Company owes $1,000 for merchandise inventory purchased from Ross Company during April. The amount owed is now past-due. On June 15, 2015, Coolidge meets with Ross and convinces Ross to accept $400 cash and a 30-day, 10 percent, $600 note payable to replace the account payable. Prepare the June 15 journal entry for Coolidge by selecting the account names and dollar amounts from the drop-down menus.
Prepare the June 15 journal entry for Coolidge by selecting the account names and dollar amounts from the drop-down menus.
June 15 Accounts Payable $1,000
Cash $400
Note Payable $600
accounts payable (AP) is money owed with the aid of an enterprise to its suppliers shown as a legal responsibility on a employer's balance sheet. it is distinct from notes payable liabilities, which might be debts created by way of formal criminal tool files.[1] An bills payable branch's fundamental responsibility is to process and evaluate transactions among the organization and its suppliers and to make certain that all top notch invoices from their providers are accepted, processed, and paid. Processing an invoice includes recording essential statistics from the invoice and inputting it into the agency's monetary, or bookkeeping, system.
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An entrepreneur is starting a new business. The activi- ties and times required are given below: Olen End Start a. Find the critical path and the project completion time. b. What are the ES, LS, EF, and LF for each activity? c. How much slack is there in activity D?
(a) According to network diagrams, the following paths lead to project completion:
A-D-completion G's time (2+5+3) is equal to 10, A-C-E-completion G's time (2+4+3+3) is equal to 12,A-C-completion F's time (2+4+5) is equal to 11, B-completion F's time (4+5) is equal to 9.(b)
EF = ES + tLFEF = 10 + 32(9) = 298
S = LF- EF = 11-9 = 2LF= LS + t-S = 10+ 32-2 = 40ES = EF + DurationES = 10 + 32
= 42
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What is discretionary money?.
Any money you have left over after paying for such things is considered discretionary income. Additionally, if you have federal student loans, your payments can be deducted from your discretionary income at a certain proportion. Therefore, understanding how to compute this figure and how it could affect your student loan payments is crucial.
Your remaining income after paying taxes and basic living expenditures is referred to as discretionary income. There is a difference between discretionary income and disposable income. The amount of money you have left over after paying taxes is known as disposable income.
It's crucial to comprehend discretionary income when it comes to paying back federal student loans. This is due to the fact that a lot of repayment programs are income-driven and base payments on your discretionary income.
The money you have left over after paying taxes and essential living costs, such as rent or a mortgage, utilities, and groceries, is known as discretionary income.
Because it may be spent for nice-to-have but not essential items, it is known as discretionary income. Expenses that are considered discretionary include things like eating out, streaming services, and movie, concert, and sporting event tickets.
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match the marketing goal to the correct ad extension. you operate many retail stores and want potential customers to see the distance from their location to your stores you're interested in directing people to specific pages on your website you want to describe the features of a specific product your business offers before customers click on the ad you're focused on driving phone calls to your business call extension sitelink extension location extension structured snippets
Ad extensions can enhance star rating, ad rank, and spending while increasing conversions for businesses.
Marketing goal of ad extensions are-
you operate many retail stores and want potential customers to see the distance from their location to your stores - Location extension
you're interested in directing people to specific pages on your website - Sitelink extension.
you want to describe the features of a specific product your business offers before customers click on the ad - Structured snippets
You’re focused on driving phone calls to your business – Call extension
Ad Extensions are supplementary details that broaden your advertisement and increase its value to users. Phone calls, extra connections from your site, and vendor feedback are typical ad extensions. Ad extensions which will assist your ad campaign high efficiency your company's objectives should be chosen.
Utilizing ad extensions options usually doesn't incur any extra expenses.
Some ad extensions, such as changes have happened and click-to-call extensions, are automated, meaning AdWords immediately inserts the extra data to your ad. Other ad extensions can be manually customized, allowing you to decide what you want your advertisements to look.
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How can government influence the business activities by investment explain by giving an industry example?.
According to CBO, the federal government invests in these three main areas:Structures like governmental structures, infrastructure for transportation, and water and power projects are examples of physical capital.
What are examples of government investments?Major equipment like computers, machines, and cars are examples of physical capital. Software is another type of physical capital.Governments may impose tariffs, which raise taxes on imported goods, or subsidies, which raise prices and improve the appeal of domestic goods by levies on the general populace and the transfer of funds to an industry. Increased levies, fees, and regulations can cripple businesses or entire industries.There are many different ways that the government can intervene in the economy, including taxes, subsidies, price controls, regulations, minimum wage laws, and bailouts.Fiscal policy and monetary policy are the two main ways that the government in the United States affects economic activity.Government control over the money supply and level of interest rates is exercised through monetary policy.It exerts its taxing and spending authority through fiscal policy.To learn more about government influence in business refer
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a(n) consists of the marketing intermediaries that transport and store goods as they move through their path from producer to final user.
An channel of distribution consists of the marketing intermediaries that transport and store goods as they move through their path from producer to final user.
A direct distribution channel is one where a company sells at once to the consumer, typically thru their website or retail save.
Distribution channels are the paths that products and services take on their manner from the producer or provider issuer to the end client.
There are four forms of distribution channels that exist: direct promoting, promoting thru intermediaries, dual distribution, and reverse logistics channels.
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infants expand their early abilities to imitate to include actions on objects. whicj of the following statements about imitation on objects is true:
The creating potential to mirror, repeat, and practice the actions of others, either right now or later. At around eight months of age, teens imitate simple movements and expressions of others in the course of interactions.
Do infants learn through imitation?Imitation may additionally be the sincerest structure of flattery for adults, but for babies it's their predominant device for learning. As famend people-watchers, babies often observe others exhibit how to do things and then reproduction these physique movements.
What function does imitation play in infancy?The younger kid's capability to imitate the moves of others is an necessary mechanism for social learning—that is, for obtaining new knowledge. The kid's potential to imitate is also vital for what it tells us about the know-how that the baby already has.
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https://brainly.com/question/24726649#SPJ4preferred stock: multiple choice is always reported as a liability. is not included in either liabilities or stockholders' equity. is always reported as part of stockholders' equity. can have features of both liabilities and stockholders' equity.
Preferred inventory: will have capabilities of each liabilities & stockholders' fairness.
The required details for preferred stock in given paragraph
Preferred inventory is a part of proportion capital which can have any mixture of capabilities now no longer possessed with the aid of using not unusual place inventory, such as residences of each an fairness and a debt instrument, and is normally taken into consideration a hybrid instrument. Preferred shares are senior (i.e., better ranking) to not unusual place inventory however subordinate to bonds in phrases of claim (or rights to their proportion of the belongings of the company, for the reason that such belongings are payable to the returnee inventory bond) and can have precedence over not unusual place inventory (normal shares) within side the charge of dividends and upon liquidation. Terms of the favored inventory are defined within side the issuing company's articles of association or articles of incorporation.
Like bonds, favored shares are rated with the aid of using major credit score score agencies. Their rankings are normally decrease than the ones of bonds, due to the fact favored dividends do now no longer deliver the identical ensures as hobby bills from bonds, and due to the fact favored-inventory holders' claims are junior to the ones of all creditors.
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Concerns over the increase in the number of business laws and regulations that were costing the public money led to: Select one: a. restructuring.
Concerns over the increase in the number of business laws and regulations that were costing the public money led to restructuring.
corporate law is the body of regulation governing the rights, relations, and behavior of persons, groups, agencies and businesses. The time period refers back to the legal practice of law relating to agencies, or to the theory of agencies.
business regulation, also known as business law or mercantile law, the body of regulations, whether or not through convention, agreement, or country wide or worldwide regulation, governing the dealings between persons in commercial topics.
This includes how the commercial enterprise interacts with different agencies, the general public, its clients, and governing companies. There are a variety of disciplines inside the area of enterprise regulation; a number of these include tax regulation, intellectual belongings regulation, bankruptcy regulation, employment law, actual estate law, and so forth. The motive of an enterprise is to create and keep a patron. Many humans suppose that the reason of a business is to make earnings.
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jamboard and slides are two tools that can be used to organize information to be shared in engaging and creative ways. drag and drop the features to each tool.
The features have been matched with the corresponding tool as follows:
Slides: add a drop shadow to images and graphicsSlides: share with comment rightsSlides: publish to the webSlides: edit the themeJamboard: use the marker, brush, or eraser toolsJamboard: insert a sticky note in multiple colorsJamboard: draw in the frame using the stylusJamboard: guide students with the laser pointerHow do slides and Jamboard work?Jamboard is a sort of interactive whiteboard tool that is developed with the aim of facilitating learning and collaborative efforts. This tool can be used to pull up images from the web and it also contains a stylus and eraser that can be used to write thoughts and also erase any unwanted thoughts. So, a sticky note in multiple colors can be used on this tool. It also has a laser pointer that can serve as a guide during use.
Slides are also digital presentation tools. Drop shadow can be applied to images and graphics as is also obtainable in Word. Users can share comments with rights and the presentation can be published to the web and saved on the cloud.
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when a firm designs a single marketing approach and directs it at an entire market for a product, the company is using a(n) strategy.
The first step is to choose the right targeting strategy. An undifferentiated targeting strategy is employed when a company creates a single marketing mix and targets the entire market for a particular product.
What strategies does a company employ when it targets a specific market segment?
A concentrated targeting strategy is one in which a business uses a single marketing mix to target a specific market segment.
What exactly is multi-target marketing?
Multi-portion promoting, in this way, is the most common way of separating an objective market into numerous fragments to focus on every one of those sections with an alternate message or item.
What else is referred to as a single segment strategy?
Strategy with a single segment, also known as a concentrated strategy. A single marketing mix serves only one market segment, not the entire market. For smaller businesses with limited resources, the strategy of choice frequently is a single-segment approach.
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In the 1980s and 1990s, global institutions promoted structural adjustment loans as key to stabilizing local economies. Identify the conditions that local governments had to comply with in order to receive structural adjustment loans.
privatize state-owned enterprises
deregulate financial and labor markets
NOT:
increase spending in health, education, and social services
increase subsidies on essential commodities like food and oil
Loans from the International Monetary Fund (IMF) and the World Bank (WB) are part of structural adjustment plans (SAPs), which are given to nations that are going through economic crises.
In structural adjustment plans. They want to bolster the country's international competitiveness, reorganize its economy, and balance its budget. The IMF and World Bank require borrowing governments to implement a number of policies in order to receive more loans. These programs often concentrate on enhancing privatization, opening markets to international competition, and lowering the deficit. The conditionality clauses affixed to the loans have come under fire for how they affect the social sector. The explicit goals of SAPs are to reduce the short- and medium-term fiscal imbalances of the borrowing country or to restructure the economy for long-term growth. By requiring the implementation of free market programs and policies, SAPs are allegedly intended to balance the government's budget, reduce inflation, and stimulate economic growth.
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in addition to showing your home and marketing it to potential buyers, real estate agents can screen potential home buyers to see if they___for mortgage financing.
Qualify
In addition to showing your home and marketing it to potential buyers, real estate agents can screen potential home buyers to see if they qualify for mortgage financing.
Finance is the examination and field of money, foreign money and capital assets. it's miles related to, but now not synonymous with economics, the take a look at of manufacturing, distribution, and intake of money, property, goods and offerings.
Finance, of financing, is the process of elevating finances or capital for any type of expenditure. it is the procedure of channeling various price range in the form of credit scores, loans, or invested capital to those financial entities that maximum want them or can place them to the most efficient use.
even as the time period enterprise financing can suggest the same component as obtaining a financial institution mortgage, typically it implies searching for the cash from a non-conventional source, together with an opportunity financing organization. financial institution loans and loans from credit score unions are based according to the monetary history and reputation of the borrower.
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john noble speculated that howie really didn't know much about his employees, including the types of rewards that they found meaningful and whether they personally felt that if they worked hard, they could achieve a reward. noble's thoughts referred to:
John noble speculated that Howie really didn't know much about his employees, including the types of rewards that they found meaningful and whether they personally felt that if they worked hard, they could achieve a reward. Noble's thoughts referred to expectancy theory.
According to the expectancy theory, a person's behavior or attitude typically results from the association between the behavior they exhibit and the reward that goes along with it. As a result, that person will consciously choose behavior that maximizes reward for performance or output or minimizes pain.
The aforementioned background supports Noble's assertion that Howie knows very little about his employees, including the fact that he is unaware of the type of incentive that may improve their performance, which implies that Howie is unaware of the expectation theory related to his employees' conduct.
The given question is incomplete, the complete question is:
John Noble speculated that Howie really didn't know much about his employees, including the types of rewards that they found meaningful and whether they personally felt that if they worked hard, they could achieve a reward. Noble's thoughts referred to:
A. Reinforcement Theory.
B. Equity Theory.
C. Expectancy Theory.
D. Theory J.
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true or false: if shen's fire engines were a competitive firm instead and $100,000 were the market price for an engine, increasing its production would not affect the price at which he can sell engines.
If shen's fire engines were a competitive firm instead and $100,000 were the market price for an engine, increasing its production would not affect the price at which he can sell engines. TRUE.
What is a competitive firm?In economics, competition is a circumstance where different economic establishment are in contention to attain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place.
Therefore, increasing the productivity does not affeCT the price as increase in price might result into going for the alternatives or patronizing other products.
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in nonstatistical sampling, describe the two methods auditors use to project sample results to the population. how does an auditor determine which method to use?
Ratio projection involves the auditor transferring the population's observed misstatement ratio from the sample. If the auditor anticipates a close relationship between the amount of misstatement and the item's size, ratio projection should be used.
What is Ratio projection?
The throw ratio indicates what size of an image we can project from a specific distance.
A throw ratio of 1.5, for instance, means that the throw distance must be 1.5 feet for every foot of image width. A projector will create a larger image at a closer throw distance if the throw ratio is lower.
Why are projected financial ratios are important?
The basic small business plan must include Financial projections, particularly for newly established businesses.
You can gain a thorough picture of your financial status and see how much profit you can make by taking into account elements like production costs, market prices, and customer demand.
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Entry, Exit, and Long Run Profitability — End of Chapter Problem a. The decision to start a business and the decision to attend college are the same in that each decision involves the same costs and benefits and the same opportunity costs are different in that in starting a business, you should mainly consider the cost-benefit principle, whereas in attending college, you should mainly consider the opportunity cost principle are similar in that in both cases, you will want to consider the cost-benefit principle and the opportunity cost principle are different in that in starting a business, you should mainly consider the opportunity cost principle, whereas in attending college, you should mainly consider the cost-benefit principle b. Classify each cost below as an implicit cost or an explicit cost. Explicit cost Implicit cost Answer Bank Forgone yearly salary of $40,000. The expense of buying textbooks. Using office space to run your business that was previously rented out for income. Purchases of office supplies.
Explicit costs are those that a business pays out of its own pocket, like payments for supplies. Whereas The cost of the company's resources that have employed in another way is represented by implicit costs.
Private entrepreneurship, or the ownership of businesses by private persons, is a defining feature of the US economy. People frequently image gigantic corporations like Wal-Mart, Microsoft, or General Motors when they think about businesses. But businesses come in a variety of sizes and shapes under the category of explicit costs, as the table below shows. Most businesses in the US have less than 20 employees. According to estimates from the US Census Bureau, there were 5.7 million firms operating in the US economy in 2010. Less than half of all workers in private companies are employed by the 17,000 large firms, or companies with more than 500 employees. 35% of workers in the US economy are employed by businesses with fewer than 100 personnel. These small businesses include everything from dentists and lawyers to companies that mow lawns or clean houses. Millions of small, non-employer businesses run by lone proprietors or a few partners accept whatever money they can get; these companies don't have their own category in the table.
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jason is a sales associate who recently quit his job. in his exit interview, he stated that the reason he decided to leave was because sales training was promised as an integral part of marketing training, yet it never materialized. what happened?
Contrast error must have happened in this case.
What is Contrast error?Contrast Error is the idea that a candidate's performance evaluation may be affected by how well or poorly the candidates before them performed. Setting a standard that influences how the candidate being interviewed is perceived is erroneous. This type of inaccuracy, from the HR perspective, happens during interviews and performance reviews. In a performance appraisal or interview process, the questioner may make blunders brought on by those who have already been evaluated or interviewed. It fosters an anxious or relaxed contrasting of one participant with the other and tends to emphasize their differences.
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what is the economic system based on collective ownership of the means of production and collective distribution of goods and services called?
A political and economic system based on shared ownership of the means of production is socialism. In a socialist economy, the government controls all legal decisions pertaining to production and distribution.
What is a system of collective economics?
a form of capitalism where the means of production are owned jointly, typically by the government. an economic system where the government controls a number of significant businesses, but where most property is still privately owned and political freedom is generally available. Social ownership and operation of the means of production, which may be in the form of autonomous cooperatives or direct public ownership wherein production is carried out directly for use rather than for profit, are characteristics of a socialist economic system.
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of the three typical types of sales force structures, which one is often supported by many levels of sales management positions in specific geographical areas?
Of the three typical types of sales force structures territorial is often supported by many levels of sales management positions in specific geographical areas.
What is Territorial sales force structure?Each salesperson in a territorial sales force structure is given exclusive access to a certain geographic region, where they are responsible for marketing the whole range of the business's goods and services to every client.
A sales force organization known as a territorial sales force allocates each salesperson to a specific geographic territory where they are responsible for selling the whole company's product or service line to all clients within that territory.
This sales force structure may enable the business to forge closer ties with key clients. It is more about working with customers to understand their needs and less about closing deals.
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when dealing with natural monopolies, what alternatives are available to the government for promoting better economic outcomes?
Answer: Allowing the natural monopoly to exist subject to public regulation
Allowing the natural monopoly to exist under public ownership
Explanation:
