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marissa [1.9K]
1 year ago
3

with an average cost pricing rule, the quantity produced by the natural monopoly is the quantity produced with a marginal cost p

ricing rule. group of answer choices equal to
Business
1 answer:
KatRina [158]1 year ago
7 0

The deadweight loss from the taxes essential to collect the funds for the support is excluded from the productivity advantages provided about by the application of the marginal social cost costing guideline.

In a monopoly, what does equilibrium price selling mean?

In order to set prices for commodities and services that are comparable to or nearly equivalent to the total value of making the product, authorities employ the approximate pricing rule. It is possible for managers or lawmakers to require a monopoly to set prices that are equal cost of manufacturing by using this priced rule.

The preceding formula is applied average costs:

By dividing the number of products from the average stock and acquisitions by the cost of the commodities that are listed for sale, you may determine average cost.

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True or false: The shared value creation framework aims to reconcile the concept of gaining and sustaining a competitive advanta
olga55 [171]

It is true that the shared value creation framework aims to reconcile the concept of gaining and sustaining a competitive advantage with corporate social responsibility.

<h3>What is corporate governance?</h3>

This refers to a formal system of oversight, accountability, and control for organizational decisions and resources.

It is the set of processes and tools which controls the operations of an organization.

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5 0
2 years ago
To fully understand how taxes affect economic well-being, we must compare the a. benefit to buyers with the loss to sellers. b.
grin007 [14]

Answer:

It doesn't matter if the taxes are set upon the consumers or the producers, the difference between what the consumers pay and what the producers receive is the same. No one benefits from taxes, sellers lose and buyers lose.

Taxes are a necessary evil, but no one can argue that they benefit anyone, at least no one that works and pays them. Probably someone who doesn't work and just lives with the money they receive from government assistance programs might like taxes.

Taxes decrease total surplus, they decrease supplier surplus and they decrease consumer surplus.

The ideal scenario would be that the government uses their evil taxes and invest them well in good services that help society, but in the real world that doesn't happen all the time. Governments use taxes to pay for public goods like roads, security services, education, health, etc., and that is great.  The problem is that they also spend $1 billion per plane because the plane manufacturer donates huge amounts to presidential candidates. Or the incredible amount of assistants, secretaries and other staff that each politician has and we pay for them all. When the government uses money efficiently, the social benefit exceeds the social cost of taxes, but efficiently is the keyword.

6 0
4 years ago
Valiant Petro products refines crude oil to produce gasoline and kerosene. Joint costs incurred during the month of May were $1,
arsen [322]

Answer: $1,400,000

Explanation:

Joint cost = $1,800,000

Further processing cost(Gasoline) =$100,000

Further processing cost(kerosene) =$200,000

Price of gasoline = $4 per gallon

Price of kerosene = $3.50 per gallon

Processed gasoline in May = 500,000

Processed kerosene in May = 600,000

Allocation of joint cost(Gasoline) = (Total cost × share ratio)

Share ratio = further processing cost of component ÷ total further processing cost

[$1,800,000 × ( 100000 ÷ 300000)]

($1,800,000 × 0.33333333) = 599,999.999

Net realizable value = (Final sales price - processing cost)

[ $(500,000×4) - $600,000]

$2,000,000 - $600,000

$1,400,000

Production cost of gasoline is $1,400,000

5 0
3 years ago
On December 31, 2020, McDaniel Company had $1,200,000 of short-term debt in the form of notes payable due February 2, 2021. On J
icang [17]

Answer:

Current Liabilities:Notes Payable 250,000

Long-term Debt:Notes Payable 950,000

Explanation:

Calculation to Show how the $1,200,000 of short-term debt should be presented on the December 31, 2017, balance sheet.

Hattie McDaniel Company

Partial Balance Sheet

December 31, 2017

CURRENT LIABILITIES

Notes Payable 250,000

($1,200,000-$950,000)

LONG-TERM DEBT

Notes Payable 950,000

Therefore how the $1,200,000 of short-term debt should be presented on the December 31, 2017, balance sheet is:

Current Liabilities:Notes Payable 250,000

Long-term Debt:Notes Payable 950,000

4 0
4 years ago
Carter County entered into a capital lease to finance an Emergency-911 telecommunications system. The capitalized cost of the eq
Sloan [31]

Answer:

The second option

Explanation:

Expenditures

Other Financing Source

Cash $185,000

$160,000

25,000

3 0
3 years ago
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