Perfect monopoly exists only if: the single vendor gets the absolute franchise of the product the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the permit to sell the single vendor is the only one who has the knowledge of the product TRUE ANSWER : ? YOUR ANSWER : ?
A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______. Registered bond Collateral trust bond Coupon bond Mortgage bond TRUE ANSWER : ? YOUR ANSWER : ?
A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. Ordinary monopoly Natural monopoly Bilateral monopoly Perfect monopoly TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the present worth of the probable future net earnings? Earning value Total market value Total fair value Going concern value TRUE ANSWER : ? YOUR ANSWER : ?
What market situation exists where there are few sellers and few buyers? Bilateral oligopoly Oligopsony Oligopoly Bilateral Oligopsony TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the claim of anyone to ownership? Assets Equity Liability Proprietorship TRUE ANSWER : ? YOUR ANSWER : ?
First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 0.21 0.2 0.19 0.18 TRUE ANSWER : ? YOUR ANSWER : ?
Duopoly is a market situation where there is/are: Few sellers and few buyers Many sellers and few buyers Few sellers and many buyers One seller and few buyers TRUE ANSWER : ? YOUR ANSWER : ?
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2.590 2,890 2,712 2,632 TRUE ANSWER : ? YOUR ANSWER : ?
What is considered as the standard unit which forms the basis of a country’s domestic money supply? Cash or check Currency Monetary unit Foreign exchange TRUE ANSWER : ? YOUR ANSWER : ?