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BaLLatris [955]
2 years ago
5

1.the profit maximizing monopolist would achieve loss minimization when... a.total cost equals total revenue. b.price is below a

verage variable cost. c.price is above average total cost. d.price is between average total cost and average variable cost.
Business
1 answer:
dmitriy555 [2]2 years ago
6 0

The profit maximizing monopolist would achieve loss minimization when <u>price is above average total cost.</u>

What is monopolist?
An individual, group, or business that completely dominates the market for a specific good or service is known as a monopolist. A monopolist is likely to support legislation that strengthens oligopolies because it gives them more authority. Due to the lack of competition, a monopolist has very little incentive to enhance their product. Instead, they are driven by a desire to preserve the monopoly. When a monopolist has become the sole supplier of a specific good or service, a monopoly has formed. This is distinct from the a monopsony, which is when only one entity has the authority to make purchases of goods or services. It also differs from an oligopoly, which would be characterised by a small number of sellers controlling a market.

Therefore, the correct option is (C) <u>price is above average total cost </u>
To learn more about monopolist
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The answer is letter C.

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Answer:

number of versions offered for each product in the line

Explanation:

Line depth is all the numbers of sub-categories that a category has. In this question the nuber of versions which each product line has is the line depth. All the sub-categories or sub-products is considered as the depth of that product line. Whereas product mix is the number of product offered by the company .

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3 years ago
Bush Company reported net income of $60,000 for the year. During the year, accounts receivable decreased by $8,000, accounts pay
steposvetlana [31]

Answer:

C) $77,000

Explanation:

‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.  

Operating Activities records the cash transactions involved in the operations of the business are recorded under ‘operating activities’ in the cash flow statement.  

Examples: Revenue earned, expenses incurred etc.  

There are two methods to prepare the cash flow statement. The only difference between both the methods is the way of presenting cash flow from operating activities.  

The two methods of presenting cash flow statement are:  

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Cash flow statement has been attached below:

7 0
3 years ago
The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances.
lara [203]

Answer:

The correct answer is $13.900.

Explanation:

To carry out the verification balance, the nature of the accounts presented in the normal balance of the organization must be taken into account. We have that the assets and income have a debit nature, so it is necessary that the corresponding to that premise are:

Accounts receivable $ 1,800 - Active

Insurance expenses $ 1,300 - Expenses

Prepaid insurance $ 2,000 - Expenses

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Salary Expenses $ 1,400 - Expenses

On the other hand there are accounts that despite being of a credit nature, have credit movements as a result of ordinary activities, which would be:

Dividends: $ 1,200 - Debit nature liability

TOTAL DEBITS: $ 13,900

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Answer:

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