<h3>When you increase price,you increase revenue on units sold.When you increase price,you sell fewer units.</h3>
Hope this helps
<h2>--SirGerick--</h2>
Answer:
A) can cover all its costs, ⇒ C) and will have a profit per unit of $18.
Explanation:
The company sells its products at $49 per unit, and each unit's total cost is $31 (= $26 variable costs + $5 fixed costs), therefore the company is covering all its costs and making an $18 profit (= $49 - $31) for each unit is sells.
Answer:
D) neither the agent nor his employing broker-dealer need register as an investment adviser
Explanation:
In the given scenario the agent produces his own research reports and provides them to a select group of personal clients.
He has permission from his employer to do this.
According to the Investment Advisers Act of 1940 the agent will only be excluded from being an investment advisor when he receives special compensation for giving investment advise.
Special compensation is when the agent is paid even when there are no transactions occuring.
In this case it's only when there is a transaction that the agent gets paid a commission. So this is not a special compensation.
As such neither the agent nor his employing broker-dealer need register as an investment adviser.
Answer:
b
Explanation:
and services.
An example of a monopoly is a utility company
A natural monopoly occurs due to the high start-up costs or a large economies of scale.
Natural monopolies are usually the only company providing a service in a particular region
Because the demand curve for a monopoly is downward sloping, marginal revenue is less than price. As prices fall, more units of the product are bought.
In a monopoly When the average cost is falling, the marginal cost lies below the average cost. If the government sets price to be equal to marginal cost, which lies below the average cost, the monopoly would incur losses.
Answer:
Both of these answers are correct: Ensuring the safety and effectiveness of a wide range of consumer products; and reviewing and approving new products before they are released to consumers
Explanation:
Food and Drug Administration (FDA) is known as one of the oldest and most respected consumer protection agencies all over the world.
In the united state, it is an agency of the United States Department of Health and Human Services. It principal purpose is to enforce the Federal Food, Drug and Cosmetic Act. They are solely responsible for safe, pure and wholesome foods, drugs and therapeutic devices are safe and effective, also cosmetics are harmless and that all these products are correctly labeled and packaged.
They protect public health, protecting the public from electronic product radiation, assures cosmetics and dietary supplements are safe and properly labeled, regulates tobacco products and also the advancement of public health by helping to speed product innovations.
