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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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4 years ago
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money refunds

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8 0
1 year ago
2. What are the importance of vocation and business?​
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When an entry is made to the depreciation expenditure account, the contra asset account that offsets the fixed assets (asset) account is the accumulated depreciation account. Over the course of a fiscal year, the balance in the depreciation expenditure account grows; at year's end, the account is flushed out and its balance is reset to zero.

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2 years ago
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