3 years ago

Under what condition will a monopoly firm incur losses?

1 answer:

3 0

<span>A monopoly would have to make it so the marginal revenue is less than the marginal cost, and in return, the monopoly would end up losing money instead of gaining money. This means that they are spending more money than they are making.</span>

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Is the development and support of it systems by knowledge workers with little or no help from it specialists?

mamaluj [8]

<span>End-user involvement is the answer</span>

7 0

3 years ago

An increase in the stock of capital makes the aggregate productionfunction:a. steeper.b. flatter.c. shift up.d. shift down.e. st

ehidna [41]

Answer:

The correct answer is option c.

Explanation:

The aggregate production function shows the relationship between the total economic output and the amount of inputs used.

Keeping other things constant, an increase in the stock of capital will cause the the production function to move upwards. This shows that the economy will be able to produce more output.

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3 years ago

You need a microwave. ABT in Chicago has one for sale, $250 marked down to 199.

Mkey [24]

Answer:

I would suggest pay 199.

Explanation:

It could break down at any time, causing you to waste your money.

Just my opinion :P

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3 years ago

TCost-908 Car Mechanic Inc. uses a job-order costing system. The company applies all of its overhead costs to jobs using a prede

oee [108]

Solution :

1. Predetermined overhead rate

Fixed $\text{overhead cost}$ (253,000 / 22,000) = $ 11.5

Variable $\text{overhead cost}$ per direct labor-hour = $ 1

Predetermined overhead rate = $12.5

2. Total job cost $

Direct materials 703

Direct labor cost 317

Applied overhead (8 hours x $12.5 per direct labor hour) = 100

Total job cost = $ 1120

3. Charges = $ 1120 x 140%

= $1568

8 0

3 years ago

Consider two points on the PPF: point A, at which there are 50 apples and 40 pears, and point B, at which there are 46 apples an

Fittoniya [83]

Answer:

4 apples

Explanation:

Given that

Point A = 50 apples and 40 pears

Point B = 46 apples and 41 pears

These points are located on the PPF at which various combinations of products are displayed by available resources and technologies.

So, the opportunity cost of moving from Point A to Point B would be 4 apples which is shown below:

= Point A apples - Point B apples

= 50 apples - 46 apples

= 4 apples

7 0

3 years ago