What happens if the U.S. textile industry has high barriers to entry?
A. The textile industry creates blocked avenues to entry even with companies earning top profits.
B. The textile industry’s surviving companies earn a normal level of profit over the long run.
C. The textile industry’s amount of new firms eventually causes prices to drop.
D. The textile industry’s high profits will attract new firms to enter.c
Answers
When the US textile industry has high barriers to entry, the textile industry’s high profits will attract new firms to enter. The correct answer is option d.
What are barriers to entry?Barriers to entry refer to the hurdles that businesses must overcome in order to enter a market. It is said to be high when new businesses encounter significant difficulty entering an industry because of the presence of an established business already controlling a significant market share. Barriers to entry are determined by several factors, including: Capital requirements, Legal restrictions on competition, Market size, Economic policy and Investment in technology.
Existing brand loyalties are difficult to overcome, among other things. The result of high barriers to entry in the textile industry. When there are high barriers to entry in the US textile industry, the textile industry’s high profits will attract new firms to enter. Because of the high barriers, the industry will have fewer firms, and surviving companies will earn higher than normal profits over time. Consequently, new companies will begin to enter the industry in the long run in order to share the profits earned by the current players.
This will result in greater competition, with each firm vying for a greater share of the market by lowering their prices to attract customers. This, in turn, causes the price of textile products to fall. Companies will no longer earn high profits, but they will still earn a normal level of profit, and the industry will be more efficient as a result. This is what happens when there are high barriers to entry in the US textile industry.
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Related Questions
How is a credit union different from a bank?
O Acredit union offers services to companies instead of individuals.
A credit union only offers credit, it does not store money.
Acredit union is usually larger than a bank.
O A credit union is owned by its customers.
Answers
Answer:
a credit union is owned by its costumers (D)
Explanation:
i took the assignment!!
Which area is particularly challenging when recruiting workers for small businesses?.
Answers
The area that is particularly challenging when recruiting workers for small businesses is compensation.
What is compensation?It should be noted that compensation simply means how much they workers will be paid as how to motivate them.
In this case, the area that is particularly challenging when recruiting workers for small businesses is compensation.
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Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN
Answers
Make a list of getting information about employment an publishes.
Answers
( GETTING LIST OF INFORMATION ABOUT EMPLOYMENT AND PUBLISHES : )
-Personal contacts.
-School career planning and placement offices.
Classified ads.
-National and local newspapers. Professional journals.
-Trade magazines.
-Internet networks and resources.
-State employment service offices.
-Federal government.
-Professional associations.
-Labor unions.
can someone help . i know I'm dumb:) x-5=7
Answers
Answer:
Hey Army
Nice to meet you:)
your answer is 12
as x-5=7
so x=7+5
x is 12
Stream life goes on and Dynamite. :)
Answer:
x=12
Explanation:
x-5=7
x-5+5=7+5
x=12
Most managers have a true office with a door that closes them off from the rest of the employees in the office. Which is a disadvantage to the manager as a result of this environment?
Answers
Full question:
Most managers have a true office with a door that closes them off from the rest of the employees in the office. Which is a disadvantage to the manager as a result of this environment?
(A)the inability to observe employees closely
(B)the prevention of discussing confidential information
(C)the ability to hold small group meetings
(D)the privacy needed for hiring or firing employees
Answer:
(A) the inability to observe employees closely
Explanation:
By isolating themselves with the employees, the managers created a situation where employees could do various activities that is outside their job description without being found out. (such as playing with their phones, browsing through social media, etc).
If they do not create a method to prevent this, it will most likely lead to the reduction of company's overall productivity. One way that the managers can do to still watch over the employees through the closed doors is by installing a camera at strategic locations throughout the room.
Answer:
A: the inability to observe employees closely
Chenglei, an IT manager, has been studying the actions that his workers perform in an attempt to improve their productivity. Chenglei is utilizingA) job evaluationB) management science.C) behaviorism.D) the Hawthorne effect.E) scientific management
Answers
Answer: scientific management
Explanation:
Suppose the government of Mexico runs a budget deficit. This will result in: A. an increase in interest rates in Mexico and an increase in the value of the peso relative to other currencies. B. a decrease in interest rates in Mexico and an increase in the value of the peso relative to other currencies. C. a decrease in interest rates in Mexico and a decrease in the value of the peso relative to other currencies. D. an increase in interest rates in Mexico and a decrease in the value of the peso relative to other currencies.
Answers
Answer:
I belive Is A Please Tell me if I'm wrong or right
Four ways in which schools could promote entrepreneurship as a viable option to counteract unemployment
Answers
Answer:
Entrepreneurship is an important alternative to counteract unemployment. It not only gives provides employment to the entrepreneur but also provides jobs to others as well.
Explanation:
Entrepreneurship may be defined as the setting up of a business or a work looking out for making profit dealing with the risks and the challenges on its own.
Four ways in which the school can promote entrepreneurship as a viable option to counteract unemployment are :
build awareness and promote entrepreneurship among the students.Provide the benefits of being an entrepreneur and showing them the possibilities of setting up a business that can even provide jobs to others.Providing with valuable ideas and guidance regarding setting up a business and giving an overview of the current market trends and market study.Helping the students reach out to other entrepreneurs and also providing ways to get any financial aid to set up a business.Four Ways through which Schools can promote Entrepreneurship include the following
Creation of entrepreneurship centres to provide consulting to non-profits and small businesses.Awareness creation through seminars and lectures on the importance of entrepreneurship as an alternative to paid employment. Host entrepreneurship contests where incentives are given.Inviting influential and professional entrepreneurs to give lectures.What is Entrepreneurship ?Entrepreneurship is defined as the process of starting up a business, and taking up the responsibility of financial risk with the hope of making profit.
Entrepreneurship is a potent means of reducing unemployment to the lowest minimum.
Entrepreneurship brings about creativity and as such value is created which leads to more wealth.
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A flower shop uses software to execute transactions that is ten-years old. It is often slow and ineffective. What type of influence is affecting this business?
external
economic
governmental
internal
Answers
Answer:
Internal
Explanation:
The problem is the flower shop’s software. The flower shop needs to update or buy a different up-to-date software like ASAP.
You want to create an account for a new user, using the username thor and giving the user a uid of 2019. the command to do this is useradd _______.
Answers
You want to create an account for a new user, using the username thor and giving the user a uid of 2019. the command to do this is useradd 1926 the.
To add/create a new user, you need to specify the 'username' after the 'useradd' or 'adduser' command. "Username" is the user login name that the user uses to log into the system. You can add only one user, her, and this username must be unique (distinct from other usernames already in the system).
Type useradd -h or useradd --help at the command prompt to answer the questions. No home directory is created, regardless of system settings.
Note that useradd will not create home directories for such users, regardless of the default settings in /etc/login. defs (CREATE_HOME). The -m option must be specified when creating home directories for system accounts.
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unemployment arising from a persistent mismatch between the skills and characteristics of workers and the requirements of jobs is called group of answer choices frictional unemployment. structural unemployment. cyclical unemployment. seasonal unemployment.
Answers
Unemployment arising from a persistent mismatch between the skills and characteristics of workers and the requirements of jobs is called structural unemployment.
What is Structural Unemployment?
Structural unemployment arises when the supply and demand for workers are not balanced. This might occur if employees are unsuitable for the available jobs due to a lack of expertise, lack of training, or lack of education.
Structural unemployment arises from an imbalance in the economy's supply of and demand for workers with a particular skill set. This kind of unemployment is frequently linked to the evolution of an industry or a shift in the country's economic system.
Therefore, the correct option is structural unemployment.
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Bridgett received her bank statement with a previous balance of $181.36. Total deposits were $475.00. Total checks written were $165.25. The service charge was $7.00. How much money does Bridget have in her checking account?
Your answer:
-$121.39
$484.11
$491.11
Answers
Answer:
$484.11
Explanation:
Calculation to determine How much money does Bridget have in her checking account?
Previous balance of $181.36
Add Total deposits $475.00
Less Total checks written $165.25
Less service charge $7.00
Checking account balance $484.11
Therefore How much money does Bridget have in her checking account is $484.11
Please solve this question asap…as i have less time
Answers
Answer:
1 Cash to Capital
2 Bank to Cash
4 Purchase to Cash
5 Purchase to Cash
8 A/c receivable to Sales
10 A/c Payable to Cash
15 Cash dr(11700) Sales Discount dr (300) A/c receivable Cr(12000)
16 Wages Payable to Cash
18 Furniture to Cash
20 Drawing to Bank
22 Rent Payable to Bank
23 Drawing to Goods
24 Drawing to Bank
26 Cash to Commission received
27 Bank Charges Payable to Bank
28 Insurance Payable to Bank
29 Salary Expense/ Salary Payable (I forgot) to Cash
30 Cash to Sales
The Natural rate of unemployment is: A. Structural unemployment rate plus frictional unemployment rate. B. The actual rate minus the cyclical rate C. A and B Leaning towards A
Answers
Why is it important to have leadership skills in a business?:
Answers
Answer:
It is important to have leadership skills in a business because you know what you are suppose to be doing and how you suppose to be doing by others in a business. Moreover, because it take leadership to keep everything in order like it should be in a business.
Explanation:
Why very few subsistence economies exist today
Answers
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
A business function, like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision making and problem solving is called____________.
Answers
Answer:
Management Information System
Explanation:
MIS which stands for Management Information System which is designated for decision making. It is not any kind of software, rather it is a system developed by gathering information from different resources in the organisation.
These resources include people, processes, products etc:
In order to control, and more importantly co-ordinate between various activities of the organisation, this provides for better control and solving the problems in the organisation.
This system works on creating information through study of various above stated resources in the organisation.
Tommy Richards is paid $20.50 an hour for a regular 40-hour week. He earns time and a half if he works overtime. This week Richards worked his regular 40 hours plus 9 hours of overtime. What is his total pay
Answers
Answer:
$1,094.50
Explanation:
Regular pay is $20.50
Over time pay is $20.50 x 1.5 = $30.75
Tommy earned as follows.
Regular hours : 40 x $20.50 = $820
Overtime hours: 9 x $30.75 =$274.50
Total amount earned
= $820 + $274.50
=$1,094.50
Question 7of 10 true false whether employer sponsored or privately purchased, disability insurance plans will cover 70% of your lost
Answers
The statement provided in Question 7 of 10, which states "whether employer sponsored or privately purchased, disability insurance plans will cover 70% of your lost," is generally true.
Disability insurance plans are designed to provide financial assistance in the event that an individual becomes disabled and is unable to work for a period of time.Whether purchased through an employer-sponsored plan or privately, most disability insurance plans will typically cover a portion of the individual's lost income. The amount of coverage provided can vary depending on the specific terms of the policy, but a common coverage percentage is 70% of the individual's pre-disability income.It is important to note that there may be certain limitations or exclusions to coverage, depending on the policy. For example, some policies may only cover disabilities resulting from accidents, while others may also cover illnesses or other medical conditions. Additionally, the length of time for which benefits are provided may vary, with some policies providing benefits for a limited period of time and others offering coverage for as long as the individual remains disabled.
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What are the circumstances requiring that CAMs be included as part of the auditor report?
In determining what matters should be considered, what factors should the auditor take into account?
Answers
Critical Audit Matters (CAMs) should be included as part of the auditor's report in situations where they are deemed to be of significant importance to the audit.
The factors that the auditor should consider in determining the inclusion of CAMs include their assessment of risk, the nature and extent of audit procedures, and the significance of the matter to the financial statements and users of the financial statements. The inclusion of CAMs in the auditor's report is required by the Public Company Accounting Oversight Board (PCAOB) in the United States. CAMs are matters that are communicated or required to be communicated to the audit committee and are related to accounts or disclosures that are material to the financial statements and involve complex or subjective judgments.
When determining whether a matter should be considered a CAM, the auditor should take into account various factors. These factors include the auditor's assessment of the risks of material misstatement, the nature and extent of audit procedures performed in response to those risks, and the degree of auditor judgment involved in addressing the matter. The auditor should also consider the significance of the CAM to the financial statements and the intended users of the financial statements, including the potential impact on investors' understanding of the financial statements.
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what is the primary difference between a merchant wholesaler and an agent?
Answers
The primary difference between a merchant wholesaler and an agent lies in their roles and responsibilities in the supply chain.
A merchant wholesaler is a business entity that buys goods from manufacturers and sells them to retailers or other businesses. They take ownership of the products, manage inventory, and bear the risks associated with buying and selling goods. Their main function is to facilitate the distribution of products from producers to retailers, providing a crucial link in the supply chain.
On the other hand, an agent (also known as a broker or representative) does not take ownership of the products. Instead, they act as intermediaries between manufacturers and retailers, negotiating contracts and transactions on behalf of their clients. Agents earn commissions for their services and typically focus on building strong relationships with both manufacturers and retailers.
In summary, merchant wholesalers take ownership of products and manage inventory, while agents act as intermediaries without owning the products, focusing on negotiation and relationship building.
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Which of the following is the most effective method of managing inertia?
A. Communication
B. Participation
C. Moving
D. Unfreezing
Answers
The most effective method of managing inertia is Unfreezing involves disrupting the status quo and creating a need for change, which helps overcome the inertia that is keeping people stuck in their current ways.
Communication and participation can be helpful in this process, but they are not as effective on their own as unfreezing.
Unfreezing is the most effective method of managing inertia because it involves breaking the status quo and creating an environment that is more receptive to change. This process includes communication and participation, which help individuals to let go of old habits and embrace new ones, ultimately overcoming inertia and moving forward with change.
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Claremont Company specializes in selling refurbished copiers. During the month, the company sold 180 copiers at an average price of $3,000 each. The budget for the month was to sell 175 copiers at an average price of $3,200. The expected total sales for 180 copiers were.
Answers
Answer:
$576,000
Explanation:
Since the company sold 180 copiers, each at $3,000
175 budgeted for the month was sold at $3,200
Therefore, we sum the above
$3,000 + $3,200
=$6,200
Also, multiply the above outcome with the actual copiers sold
$6,200× 180
=$1,116,000
Therefore; to get the expected total sales for 180 copiers;
$3,000 × 180
=$540,000
Then
=$1,116,000- $540,000
=$576,000
for managers, in any organization, threats include product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets.
Answers
The statement "For managers, in any organization, threats include product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets." is False
This is further explained below.
What are managers?Generally, Within an organization, it is the responsibility of managers to organize and supervise the work of a certain group, project, or sector.
The position of a manager within an organization may have a direct bearing on the breadth and depth of the obligations they are expected to do.
When someone has the job title of manager, it may signify that they are in charge of managing a specific function or an entire team.
In conclusion, The assertion that "Product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets" is untrue in any organization:
"For managers, in any organization, threats include product or service niches that are underserved."
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Complete Question
for managers, in any organization, threats include product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets.
True or false
At the beginning of the recent period, there were 1,500 units of product in a department, 35% completed. These units were finished and an additional 7,000 units were started and completed during the period. 1,600 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:
Answers
Answer:
the equivalent units produced by the department is 8,900 units
Explanation:
The computation of the equivalent units produced by the department is shown below:
= Started & completed units + beginning units + 25% of ending units
= 7,000 units + 1,500 units + 1,600 units × 25
= 7,000 units + 1,500 units + 400 units
= 8,900 units
Hence, the equivalent units produced by the department is 8,900 units
based on the comparison in the video between cola, fruit-flavored soda, and fruit juice, what can we assume about the processed non-diet drinks we purchase at the grocery store?
Answers
We may anticipate that fruit drinks and sodas may contain significant levels of added sugar.
Foods that have been highly or ultra-processed typically have fewer or no minimally or unprocessed ingredients and have increased levels of calories, salt, fat, and added sugars. Additionally, they frequently include chemicals like thickeners and taste enhancers.Any food that has undergone a modification from its original state is referred to as processed. Food that has been simply chopped, washed, heated, pasteurised, cooked in a can, frozen, dried, dehydrated, blended, or packed falls under this category. Additionally, it can refer to food that has been supplemented with salt, sugar, fat, nutrients, tastes, or salts.Thus this is what we can assume about the processed non-diet drinks.
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A share of ownership in a company is known as which of the following?
А.Stock
B.Investment
с.Rebate
D.Bond
Answers
Answer:
Stock
Explanation:
The worth of a company is subdivided into small units known as shares. Each unit of a share represents the ownership of the company. The owners of the shares are described shareholders, and they are the owners of the company.
The term share is, at times, substituted with stock or equity. In ownership of a company, stock, shares, and equity will refer to the same things. Shareholders are also then referred to as stockholders.
using the advanced filter, display only the records with an automatic transmission type, that are a midsize vehicle size, with an msrp of <30000.
Answers
To display only the records with an automatic transmission type, that are a midsize vehicle size, with an msrp of <30000 using advanced filter, follow these steps:
1. Open the Excel sheet that contains the data you want to filter.
2. Select the data range that you want to filter.
3. Click on the "Data" tab in the ribbon at the top of the screen.
4. Click on "Advanced" in the "Sort & Filter" group.
5. In the "Advanced Filter" dialog box, select "Filter the list, in place".
6. Select the column headers that contain the data you want to filter by. In this case, select the "Transmission Type", "Vehicle Size", and "MSRP" columns.
7. In the "Criteria" row for each selected column, enter the criteria that you want to use for the filter. For "Transmission Type", enter "Automatic". For "Vehicle Size", enter "Midsize". For "MSRP", enter "<30000".
8. Click "OK" to apply the filter.
The advanced filter is a powerful feature in Excel that allows you to filter data based on multiple criteria. To use advanced filter to display only the records with an automatic transmission type, that are a midsize vehicle size, with an msrp of <30000, you need to specify the criteria for each column that you want to filter.
First, select the range of data that you want to filter. This could be a single column or multiple columns of data. Next, click on the "Data" tab in the ribbon at the top of the screen, and then click on "Advanced" in the "Sort & Filter" group.
In the "Advanced Filter" dialog box that appears, make sure that "Filter the list, in place" is selected. This means that the filter will be applied to the selected data range without copying the filtered data to another location.
Next, select the column headers that contain the data you want to filter by. In this case, select the "Transmission Type", "Vehicle Size", and "MSRP" columns. For each selected column, Excel will display a "Criteria" row that allows you to specify the filter criteria.
In the "Criteria" row for the "Transmission Type" column, enter "Automatic". This tells Excel to only display records where the "Transmission Type" column contains the word "Automatic". In the "Criteria" row for the "Vehicle Size" column, enter "Midsize". This tells Excel to only display records where the "Vehicle Size" column contains the word "Midsize". In the "Criteria" row for the "MSRP" column, enter "<30000". This tells Excel to only display records where the "MSRP" column contains a value less than 30000.
Once you have entered the criteria for each column, click "OK" to apply the filter. Excel will then display only the records that meet all of the specified criteria. You can then work with the filtered data, such as sorting it or copying it to another location.
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According to the text, reducing many of the tariffs that are still in existence will lead to Blank______.
Answers
The reduction of tariffs will provide greater market access to foreign products.
What is a tariff?It should be noted that a tariff simply means a tax that's on an imported good. This is vital to generate revenue for the government.
Reducing many of the tariffs that are still in existence will lead to greater market access to foreign products.
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