Answer:
The correct answer is B ,a bonus may be attributable to the old partner.
Explanation:
Joining an existing business is more easier than starting a fresh one,hence choosing to join an established business that has likely broke even and now in profit territory must be paid for in some way.
From the foregoing analysis,the old partners might be unwilling to admit a new one except that the new one is ready to pay a premium over the book value of assets acquired in the business in compensation for the existing partners' efforts since commencement of business.
The governmental action which would eliminate some or all of the inefficiencies that results from monopoly pricing is; Choice B; Prohibiting the monopoly from price discrimination.
Discussion:
Price discrimination is a microeconomic pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider(monopoly) in different markets.
In essence, when the government prohibits the monopoly from price discriminating, some of the inefficiencies of monopoly are eliminated.
Read more on monopoly;
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Answer:
B. L - B + D
Explanation:
There are three different shifts of operation, Lunch, breakfast and dinner. The liner programming constraint is that lunch total must be equal to the sum of other two shifts. The constraint equation is formed to identify the number of students need to be hired for each shift.
The answer is: the system is owned by the banks.
Even though the name contain the word 'federal' , the federal reserves are not entirely owned by the government. Several banks owned percentage of ownership to the federal reserve. Government officials only acted as the Board of Directors, not the owner. Because of this dis attachment, the federal reserve could had high degree of political independence
Answer:
This question is incomplete, the options are missing and the word "and" between the gaps is wrong and should not be there.
The options are the following:
a) Marginal revenue
b) Average revenue
c) Variable cost
d) Fixed cost
And the correct answer is the option A: Marginal revenue.
Explanation:
To begin with, in the microeconomics theory the marginal analysis is very well known for being one of the reasons why the price is determined in the markets under the laws of economic sciences. Moreover, this marginal analysis focus on the interaction between all the curves that represents the costs and revenues that are related to the consumer of a good or service in a particular market. In the graphic, the point where the marginal cost curve equals the marginal revenue curve is where the profit maximizing quantity demanded and the price are the same and therefore those are the equilibrium numbers.