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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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Transactions Interstate Delivery Service is owned and operated by Katie Wyer. The following selected transactions were completed
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Answer:

1. Transaction: Received cash from owner as additional investment $18,000

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Account:  Cash and equity

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Account:  Supplies and Accounts payable

4. Transaction: Billed customers for delivery services on account $14,700

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Direction: Asset increases Equity increases

Account:  Accounts receivable and equity

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Direction: Cash increases and accounts receivable decreases

Account:  Cash and accounts receivable

5 0
3 years ago
Productivity is output multiplied by worker hours. <br><br> a. True <br><br> b. False
ser-zykov [4K]

Answer:

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3 0
3 years ago
Baxter desires to purchase an annuity on January 1, 2014, that yields him five annual cash flows of $10,000 each, with the first
EleoNora [17]

Answer:

$313,288.16

Explanation:

Present value is the sum of discounted cash flows

present value can be calculated using a financial calculator

Cash flow in year 1 and 2 = 0

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I = 10%

Present value = $313,288.16

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

8 0
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