1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Licemer1 [7]
3 years ago
7

For commodity X, average cost is equal to marginal cost at every level of output. Assuming that the market for X is competitive

and the demand curve is linear, analyze the effects when a unit tax of u dollars is imposed. Now analyze the effects of the same tax assuming that the market for X is a monopoly. Discuss the differences.
Business
1 answer:
yuradex [85]3 years ago
7 0

Answer:

2 3 For commodity X average cost is equal to marginal cost at every level of from ... curve is linear, analyze the effects when a unit tax of u dollars is imposed. Now analyze the effects of the same tax assuming that the market for X is a monopoly. ... Suppose that the demand curve is (where is the number of gallons of liquor ...

Explanation:

You might be interested in
Which of the following should employers do to actively prevent workplace hazards? A. Completely eliminate all possible hazards.
wlad13 [49]
Your answer is D hope this helps
4 0
3 years ago
Read 2 more answers
What is a competitive​ market? A. a market in which a good can be bought and sold at the same price B. a market in which a good
Wittaler [7]

Answer:

The correct answer is letter "A": a market in which a good can be bought and sold at the same price.

Explanation:

Competitive markets are those with large numbers of producers fighting against each other to fulfill consumers' needs. In these markets, the producers and consumers cannot determine the price of the goods or services being traded. Both <em>participants are price-takers</em> which imply they will come to a point in which the price level offered by producers and desired by consumers will be equal.

5 0
3 years ago
1. Explain the difference between required rate of return and expected rate of return. If they are different at a specific point
77julia77 [94]

Answer: The answers to the questions are provided below.

Explanation:

1. The Required Rate of Return(RRR) is the absolute minimum return on an investment that an individual or firm would accept for the investment to be considered worthwhile. The required rate of return helps in deciding whether an investment is worth the cost or not.

An expected rate of return helps in knowing out how much one can expect to make from an investment. An expected rate of return is the return on investment that an individual or firm expects to make when investing in a stock.

The RRR is the least possible rate which would entice someone to invest while the expected rate of return is what the person plan to make from that investment and its calculation is based on probability.

When there is difference between the required rate of return and expected rate of return for an asset at a specific period of time, it means that the economic conditions aren't normal as there is either inflation or deflation in the market.

2. The holding period return is the total return gotten from holding an asset over a particular period of time which is known as the “holding” period while the expected return is the return based on probability-weighted average of likely returns from an investment.

3. Diversification is a technique that is applied to reduce risk through the allocation of investments among several financial instrument and industries. Diversification aims to maximize the returns through investment in different sectors because each sector will likely react differently when there's a risk. Investing in more than one asset through diversification is essential because each asset will react differently when a risk occurs.

3 0
3 years ago
Suppose that the vast majority of 3/4 ton pick-up trucks in America are produced by companies A, B, C, and D and that they all s
andrew-mc [135]

Answer:

b. A very large increase in sales. A very rapid and similar response by the other large firms in the industry.

Explanation:

As for the information there is no clear agreement to sell the goods at the same price, like that of other industries.

Further since all the companies follow the same price, there is no such differentiation.

In case one of the companies, in our case company A if decreases the price then it will abruptly that is in no clear sequence will increase its sales, and the after effects will also include the decrease in prices by other remaining industries that is B, C and D.

4 0
3 years ago
Entry for Issuing Materials
Maslowich

Answer:

<em>Journal entry to record the issuance of materials</em>

Date   Accounts & explanation               Debit         Credit

          Work in process                           $61,600

          (2,800+24,000+3,200+31,600)

          Factory overhead                         $1,620

                 Material                                                       $63,220

          (To record the issuance of material)

7 0
2 years ago
Other questions:
  • Fitness Bands Corporation gathered the following information for Job​ #928: Standard Total Cost Actual Total Cost Direct materia
    6·1 answer
  • Moe's Restaurant recently advertised that it offered unlimited pasta and burritos for $15 on Friday nights. However, when custom
    14·1 answer
  • The company XOXO is specialized in producing treadmills. The company allocates manufacturing overhead based on direct labor hour
    14·1 answer
  • This year, Paula and Simon (married filing jointly) estimate that their tax liability will be $200,000. Last year, their total t
    12·1 answer
  • Que es la macroeconomia
    14·1 answer
  • Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
    10·1 answer
  • Mills Corporation's balance sheet included the following information: Accounts Receivable $ 560,000 Less: Allowance for Doubtful
    8·1 answer
  • Moped, Inc. purchased machinery at a cost of $44,000 on January 1, 2017. The expected useful life is 5 years and the asset is ex
    8·1 answer
  • Cash receipts and cash disbursement budgets for a government: Should be prepared monthly or as needed to enhance cash management
    6·1 answer
  • In constructing a common-size income statement, depreciation will be______. A. omitted since it is a noncash expense. B. express
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!