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barxatty [35]
2 years ago
13

for a monopolist: a. price equals average total cost. b. price is above marginal revenue. c. marginal revenue equals zero. d. ma

rginal cost equals zero. e. average total cost equals marginal cost.
Business
2 answers:
Dahasolnce [82]2 years ago
7 0

For a monopolist seller, price is above marginal revenue.

<h3>What is marginal revenue?</h3>

This can be defined as the difference between the amount of revenue generated as a result of additional unit of variable factors of production.

Factors of production are grouped as follows;

Fixed factors:Land and Machineries.

Variable factors of production: Labor and Capital.

Therefore, price is usually higher than marginal revenue for a monopolist.

Learn more about marginal revenue:

brainly.com/question/13444663

#SPJ11

FromTheMoon [43]2 years ago
3 0

For a monopolist, price is above marginal revenue.

<h3>What is monopolist market?</h3>

A monopolist market is a market with managed alone.

The price of commodity should be greater than marginal revenue this is because until marginal revenue and cost are balance the business cannot expand.

But a high price above the revenue will equal to profit.

Learn more on monopolist market below

brainly.com/question/13113415

#SPJ1

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Advantage of
Allushta [10]
Market penetration- quick diffusion and adoption of your product in the marketplace, incentives to be efficient, discouragement of competition and creation of goodwill

proud to development- keeping pace, seizing opportunities, providing opportunities and being newsworthy

market development- gaining new customers, increased revenue and company growth

diversification- minimizing risk of loss, preserving capital and generating returns
3 0
3 years ago
Employees are required to take vacations. 2. Any member of the sales department can approve credit sales. 3. Paul Jaggard ships
aliina [53]

Answer:

1. <em>This is an example of the practice of good human resource principles</em>

<em>2.This is an example of poor establishment of responsibilities</em>

<em>3. This is an example of lack of segregation of duties</em>

<em>4. This is an example of independent internal verification</em>

<em>5. This is an example of the practice of physical control</em>

<em />

Explanation:

1. Employees are required to take vacations.

<em>This is an example of the practice of good human resource principles</em>

<em />

2. Any member of the sales department can approve credit sales.

<em>This is an example of poor establishment of responsibilities</em>

<em />

3. Paul Jaggard ships goods to customers, bills customers, and receives payment from customers.

<em>This is an example of lack of segregation of duties</em>

<em />

4. Total cash receipts are compared to bank deposits daily by someone who has no other cash responsibilities.

<em>This is an example of independent internal verification</em>

<em />

5. Time clocks are used for recording time worked by employees.

<em>This is an example of the practice of physical control</em>

<em />

7 0
3 years ago
You're trying to save to buy a new $199,000 Ferrari. You have $49,000 today that can be invested at your bank. The bank pays 5.7
Gelneren [198K]

Answer:

It will take 25.28 year to have enough to buy the car ( ignoring Inflation effect)

Explanation:

Current Deposit = PV = $49,000

Future Value = FV = $199,000

Interest Rate = r = 5.7%

Use following Formula

FV = PV ( 1 + r )^n

$199,000 = $49,000 ( 1 + 0.057 )^n

$199,000 / $49,000 = ( 1 + 0.057 )^n

4.06 = 1.057^n

Log 4.06 = n log 1.057

n = log 4.06 / log 1.057

n = 25.28

it requires 25.28 year to have an amount to buy the Ferrari.

6 0
3 years ago
Deep Water Mining added $411 to retained earnings last year on sales of $24,646. The administrative expenses were $4,370, deprec
ki77a [65]

Answer:

$18,290

Explanation:

The computation of the cost of goods sold is given below;

The profit after tax is

= Retained earnings + dividend

= $411 + $285

= $696

The profit before tax = $696 ÷ (1 - Tax rate)

= $696 ÷ (1 - 0.35)

= $1,071  

Now  

Sales = $24,646

Let us assume the Cost of goods sold be X

admin expenses = $4,370

Depreciation = $812

Interest = $103

Profit before tax = $1.071

Cost of goods sold (X) = $24,646  - $4,370 - $812 - $103 - $1,071

= $18,290

5 0
3 years ago
What does it mean if there is an asterisk next to the PSAT Selection Index score?
Kobotan [32]
You do not meet NMSC's requirements
8 0
3 years ago
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