1283. Perfect monopoly exists only if_______________?

A. the single vendor can prevent the entry of all other vendors in the market
B. the single vendor gets the absolute franchise of the product
C. the single vendor is the only one who has the permit to sell
D. the single vendor is the only one who has the knowledge of the product
✅ The correct answer is option A.

1286. A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10% ?

A. P1,549.64
B. P1,459.64
C. P1,345.98
D. P1,945.64
✅ The correct answer is option A.

1288. A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified ?

A. 12.07 %
B. 12.34 %
C. 12.67 %
D. 12.87 %
✅ The correct answer is option A.