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SIZIF [17.4K]
1 year ago
6

marginal revenue for the perfectly competitive seller is blank price, whereas for the monopolist it is blank price

Business
1 answer:
eimsori [14]1 year ago
4 0

Marginal revenue for the perfectly competitive seller is constant and <u>equal to</u> the price, whereas for the monopolist it is not constant and reflects the necessity of <u>lowering </u>the price to sell the output.

A monopoly, as defined with the aid of Irving Fisher, is a market with the "absence of opposition", developing a situation in which a specific person or organization is the only supplier of a particular component. Natural gas, strength companies, and different application businesses are examples of natural monopolies. They exist as monopolies due to the fact the value to go into the enterprise is excessive and new entrants are unable to provide identical offerings at lower fees and in portions comparable to the present company.

A monopoly is when one organization and its product dominate an entire enterprise wherein there is little to no competition and customers need to purchase that particular excellent or service from one organization.

A monopolist is a man or woman, group, or agency that controls the market for a particular desire or provider. A monopolist likely also believes in regulations that prefer monopolies since it offers them extra power. A monopolist has little incentive to improve its product because clients have no options.

Learn more about monopoly here brainly.com/question/7217942

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Repurchase by the company of its own common stock $ 41,000 Sale of long-term investment $ 60,000 Interest paid to lenders $ 15,5
EleoNora [17]

Answer:

The net cash provided by investing activities on the statement of cash flows will be $106,000

Explanation:

Investing activities include all the cash transactions incurred for the fixed asset of the company.

The net cash provided by (used in) investing activities can be calculated as follows

Net cash provided by (used in) investing activities = Sale of long-term investment + Collection by McCorey of a loan made to another company

Where

Sale of long-term investment = $60,000 ( Cash inflow )

Collection by McCorey of a loan made to another company = $46,000 ( Cash Inflow )

Placing values in the fomrula

Net cash provided by investing activities = $60,000 + $46,000 = $106,000

6 0
3 years ago
Swifty Corporation spent $4400 to produce Product 89, which can be sold as is for $5500, or processed further incurring addition
Lady bird [3.3K]

Answer:

Relevant:

$5,500

$1,650

$7,700

Explanation:

The only data irrelevant is the first production cost. <u>The $4,400 is not relevant because it is a sunk cost. It will remain constant in both choices.</u> The other costs and income are relevant because they vary on each decision. The $4,400 should not be a part of the decision making process.

6 0
3 years ago
Rose has an intelligence score of 70, but has a remarkable memory for musical performance even when she hears them for the first
maw [93]
Possibly Savant syndrome
5 0
3 years ago
Morning Smiles Coffee Company manufactures Stoneware French Press coffee makers and sold 8,000 coffee makers during the month of
VladimirAG [237]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales= 8,000 units

Total cost= $612,500.

Selling price= $100.

Selling costs:

commissions equal to 5% of the sales

other selling expense of $45,000.

Administrative expense totaled $47,500

<u>Income statement:</u>

Sales revenue= (8,000*100)= 800,000 100%

COGS= (612,500)  76.56%

Gross profit= 187,500

commissions= 0.05*800,000= (40,000) 5%

other selling expense= (45,000) 5.63%

Administrative expense= (47,500) 5.94%

Net operating income= 55,000 6.87%

3 0
3 years ago
Fred is required to pay Wilma $12,000 of alimony each year until their child turns 18. At that time, the payment will be reduced
Elan Coil [88]

Answer:

c. $12,000

Explanation:

In this question, we assume the Fred and Wilma divorced in year i.e before 2019. Since in the question, it is given that the Fred paid $6,000 Wilma and $6,000 directly to the Law school Wilma is attending i.e not related to the child

Both payments are related to Wilma  so we consider these payments and reflects the received payment which equals to

= $6,000 + $6,000

= $12,000

All other information which is given is not relevant. Hence, ignored it

4 0
3 years ago
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