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8090 [49]
2 years ago
14

Firm A is a profit-maximizing firm with a monopoly in the production of Good X. The firm sells its good for $10 each. We can con

clude that Firm A is producing a level of output at which:
Business
1 answer:
KIM [24]2 years ago
3 0

If the Firm A is having a monopoly in the production of X we can assume that the Firm A is producing at a level of output which is marginal cost equals marginal revenue.

<h3>What is a monopoly?</h3>

This is a situation that exists in a market where there is a single producer or seller of a product. The monopolist has no competitors.

Due to this he enjoys unfair advantages and can set the price in the market to any level that he wants.

Read more on monoploy here: brainly.com/question/7217942

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Employees should keep their cell phones on them at all times because they may have time to talk with friends and family througho
sesenic [268]

Answer:

False

Explanation:

they should have them charged and on their person because their boss my be sending them information through it or so that they can get emergency calls from work of family

4 0
3 years ago
Match the definition with the correct type of unemployment. Not all of the terms will be used. 1.Unemployment caused by recessio
ivann1987 [24]

Answer:

The answer is:

1. Cyclical Unemployment

2. Frictional Unemployment

3. Natural Unemployment

Explanation:

1. Unemployment caused by recessions - cyclical unemployment. It is caused by reduction in total spending, low activities in the economy. Coronavirus pandemic is already causing cyclical unemployment.

2. Unemployment that normally occurs due to turnover as workers switch jobs - frictional unemployment.

This happens when a worker leaves a job to search for another. The unemployment between the time gap is frictional unemployment.

3. The unemployment rate that exists when the economy is operating at potential - Natural Unemployment.

Unemployment caused by replacement of obsolete technology or lack of required skills are called natural employment.

6 0
3 years ago
Final Examination Hide or show questions Calculator Problem 9-23 (b) (LO. 2) Ricardo, who is self-employed, uses his automobile
Anna35 [415]

Answer:

Explanation:

a) actual cost method:-

=deductions × percentage

= 345 + 205 + 85% (2800 + 275 + 180 + 1890 +3600 +4125 )

=550 + 10939.5

=11489.5 = 11490

Note :- fines are not taken.

b) automatic mileage method:-

=total number of business miles × standard rate

=32200×0.58 +345+205

=19226

5 0
3 years ago
Suppose the government requires each firm to reduce sulfur dioxide emissions by an equal amount such that total emissions are re
stealth61 [152]

Answer:

is not efficient because firms can have different costs of reducing pollution.

Explanation:

Economic efficiency is the way a business maximises the use of factors of production (land, labor, capital) to produce output at a reduced cost. Efficiency aims to improve output and reduce cost to the barest minimum.

In this instance to individual cost required to reduce sulfur dioxide emissions is not considered by the government.

Since reduction of sulfur dioxide is equal among firms, some smaller ones may incur cost that will financially impair them and put them out of business.

While bigger firms will easily bear the cost.

7 0
3 years ago
Losses from ________ exposure generally reduce taxable income in the year they are realized. ________ exposure losses may reduce
VMariaS [17]

Losses from <u>transaction</u> exposure generally reduce taxable income in the year they are realized. <u>Operating </u>exposure losses may reduce taxes over a series of years.

Transaction exposure is the extent of uncertainty companies concerned in international exchange face. Specifically, it's far the chance that currency exchange quotes will fluctuate after a company has already undertaken a financial duty.

Taxable income is the part of your gross income that the IRS deems a problem with taxes. It includes each earned and unearned profit. Taxable earnings are normally less than adjusted gross income because of deductions that reduce it.

Gross profits consist of all income you obtain that is not explicitly exempt from taxation below the Internal Sales Code (IRC). Taxable profits are the portion of your gross earnings that's sincerely a problem with taxation. Deductions are subtracted from gross profits to reach your amount of taxable earnings.

Learn more about Transaction exposure here brainly.com/question/15021490

#SPJ4

6 0
1 year ago
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