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ANTONII [103]
1 year ago
10

What is the price and quantity for this natural monopolist under fair return pricing?

Business
1 answer:
Vaselesa [24]1 year ago
6 0

The fixed capital costs are small relative to total costs is the  price and quantity for this natural monopolist.

The allocatively efficient amount of production, or socially optimal amount, is where demand equals the marginal cost, but the monopoly does not produce at that point. Instead, monopolies lead to dead weight due to high costs and too little production.

If a monopoly increases sales volume, all other things being equal, total sales increase. This is called the production effect. A monopolist's profit is equal to (price - marginal cost) times quantity. Monopoly average revenue is total revenue divided by production volume.

If the market does not produce at an efficient time, the welfare of society will be lost. The yellow triangle represents lost consumer surplus, and the red triangle represents lost producer surplus if the market were operating with monopolistic rather than competitive production.

Learn more about monopolist at

brainly.com/question/13113415

#SPJ4

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How do businesses determine the equilibrium price of a good or service?
Helen [10]

Answer:

C. They set a price where the demand matches the quantity they are

willing to supply

Explanation:

The equilibrium price is the current market price as determined by supply and demand forces. It is the price at which buyers are happy to buy the entire supplied quantities. Suppliers are also happy to sell that quantity at the set price. The equilibrium price is, therefore, the intersection of the demand and supply curves.

At the equilibrium price, there is no excess or short supply of a product in the market.

6 0
2 years ago
Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,550 of direct materials, $6,990 of di
sesenic [268]

Answer:

The balance in the raw materials inventory account on May 30 was $ 7,950.

Explanation:

This question requires us to calculate the balance in the raw materials inventory account on May 30. The detail about inventory purchase during the period, inventory consumed in production and opening inventory balance is given in the problem. We can easily calculate closing balance using following equation.

opening inventory + purchase = closing balance + inventory cosumed

9,250 + 38,750 = closing balance + 40,050

closing balance = $ 7,950

7 0
3 years ago
obligations not expected to be paid within the longer of one year or the company's operating cycle are reported as
Black_prince [1.1K]

Answer:

Long term liabilities.

Explanation:

This can be easily or mostly be used in companies and also firms. In most cases they are been tagged a non-current liability.

They are generally defined to be obligations that are not been settled for/paid off in the current year or accounting period. Therefore, debts of this kind are not due within a year. Dept of this kind ranges from notes payable to bonds payable, also mortgages and are also seen as leases in a company settings.

In as much as this is not good for a company's financial health, investors and creditors see how the company is financed through this. Current obligations are seen to be more risky than non-current debts because they will need to be paid sooner.

3 0
3 years ago
A front desk clerk at a ReView Hotel receives a call from a ReView Gold Rewards Member guest complaining that the wireless Inter
Lostsunrise [7]

Answer:

The desk clerk should offer the guest the use of the lobby wireless, which the clerk knows to be problem-free, along with a discount.

Explanation: in other to maintain the guest's cluster of satisfactions, The guest clerk should make sure that things are put in place for the guest satisfaction.

4 0
3 years ago
Read 2 more answers
Consider a mutual fund with $300 million in assets at the start of the year and 12 million shares outstanding. If the gross retu
Vikentia [17]

Answer:

A 15.64%

Explanation:

300*1.18 = 354

354*0.02 = 7.08

354 - 7.08 = 346.92

rate of return = 346.92/300

                      = 15.64%

Therefore, The rate of return on the fund is 15.64%

3 0
2 years ago
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