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vivado [14]
1 year ago
15

Allocative inefficiency due to unregulated monopoly is characterized by the condition:____.

Business
1 answer:
Lerok [7]1 year ago
7 0

Allocative inefficiency due to unregulated monopoly is characterized by the condition: P>MC.

Allocative inefficiency happens whilst the purchaser does no longer pay a green price. A green charge is one that just covers the costs of manufacturing incurred in supplying the good or provider. Allocative efficiency occurs while the company's fee, P, equals the greater (marginal) cost of delivery, MC

Monopolies can boom fees above the marginal fee of manufacturing and are allocative inefficient. that is because monopolies have marketplace strength and may boom rate to reduce client surplus.

Allocative efficiency occurs while consumer demand is completely met by means of supply. In other words, organizations are presenting the precise supply that clients want. For an instance, a baker has 10 customers trying an iced doughnut. The baker had made exactly 10 that morning – that means there's an allocative performance.

Learn more about Allocative efficiency  here:

brainly.com/question/14471969

#SPJ4

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Mirabile Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the c
puteri [66]

Answer:The product margin for product M5 is $7,385

Explanation:

To calculate the product margin for product M5,

Processing 3,870 ÷ 9,000

= 0.43 per MH

Supervising 25,000 ÷ 1,000

= $25 per batch

To calculate the overhead cost for product M5

Processing 0.43 per MH × 500

= $215

Supervising $25 per batch × 500 batches

= $12,500

Total = $12,500 + $215

= $12,715

To calculate the product margin for product M5 under activity based costing

$

Sales. 95,400

Less:

Direct materials 32,500

Direct Labour 42,800

----------------

Prime Cost. 75,300

Add: Overhead 12,715

----------------

Total Cost of production. 88,015

-----------------

Product Margin. 7,385

------------------

4 0
3 years ago
The demand for automobiles is expected to decrease this year. Other things being equal, which of the following is the best forec
irga5000 [103]

Answer:

A decrease in both the market equilibrium price and the market equilibrium quantity of autos sold.

Explanation:

A fall in the demand for automobiles would shift the demand curve to the left.

As a result of the leftward shift, both equilibrium price and quantity would fall.

I hope my answer helps you

7 0
3 years ago
Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500.Duri
skad [1K]

Answer:

C. 15,650

Explanation:

Calculation for what The number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories was:

First step is to calculate the Unit transferred out

Unit transferred out = 4,000+14,000-3,000

Unit transferred out = 15,000

Now let calculate Equivalent unit of conversion

Equivalent unit of conversion = (4,000*60%)+11,000+(3,000*75%)

Equivalent unit of conversion =15,650

Therefore the number of equivalent units of production for the period for conversion if the first-in, first-out method is used to cost inventories was:15,650

4 0
3 years ago
You are investigating a problem with the motherboard, what are the two main components to check out?
SVEN [57.7K]

The two main components to check with the motherboard that has a problem with it functioning and working is the memory and processor as they are the two components that makes the mother board function correctly and without these, the mother board won’t be working as it normally does.

3 0
3 years ago
Read 2 more answers
Suppose that the quantity of money in circulation is fixed but the income velocity of money doubles. If real GDP remains at its
Shalnov [3]

Answer:

The equilibrium price level will double.

Explanation:

Suppose that the economy has a money supply of $4 billion and the income velocity of money is 8, the price level will be 4 and the real GDP is $8 billion. The formula we are using is:

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If the money supply remains the same ($4 billion), the income velocity of money is 16 (it doubles), and the real GDP is $8 billion, then the price level will be:

$4 x 16 = price level x $8

$64 = price level x $8

price level = $64 / $8 = 8

So the price level has doubled to 8.

4 0
3 years ago
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