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ycow [4]
3 years ago
11

Select the items that describe antitrust laws

Business
1 answer:
Ipatiy [6.2K]3 years ago
5 0


created to prevent monopolies

intended to promote competition

can have unintended consequences

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Suppose the cost of 5 pencils is $1.50. The cost of 6 pencils is $1.75. The marginal cost of the sixth pencil is
nataly862011 [7]

Answer:

$0.25

Explanation:

The marginal cost of the sixth pencil is given by the difference in total cost of purchasing 6 pencils from the cost of purchasing 5 pencils. That is, the change in cost caused by the addition of the sixth unit of output:

MC = \$1.75-\$1.50 = \$0.25

The marginal cost of the sixth pencil is $0.25

4 0
3 years ago
What is a main problem with determining the social benefits of a public good like a community fireworks show?
nexus9112 [7]
The main problem will arise when it has to be with converting the public good to numbers where it can be interpreted and studied. The number of people can also be something difficult to deal with because it deppends on the distance of the people seeing the fireworks show and if the distance is ok for the number of people looking at the fireworks
8 0
3 years ago
Using a single plantwide rate from question 25, the factory overhead allocated per unit of Product A in the Painting Department
fiasKO [112]

Answer:

a. $236.32 per unit

Explanation:

The Full question is "Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Overhead Total Direct Labor Hours DLH per Product A B Painting Dept. $250,000 10,000 16 4 Finishing Dept. 75,000 12,000 4 16 Totals $325,000 22,000 20 20"

A single plant wide factory overhead rate is been used. Thus, Overhead rate per hour = $325000 / 22000 hrs = $14.77

The total hours required to produce a product = 20 hours in painting + 20 hours in finishing

The total hours required to produce a product = 40 hours

Overhead per product = Overhead rate per hour * The total hours required to produce a product

Overhead per product = $590.8

The DLH required for a product A in painting department = 16 DLH

. Overhead rate per unit for product A in painting department = ($590.8/40 DLH) *16 DLH = $236.32 Per Unit

8 0
3 years ago
Once the adjusting entries are posted, the adjusted trial balance is prepared to a.verify the correct flow of accounts into the
Sauron [17]

Answer:

d. verify that the debits and credits are in balance.

Explanation:

Option A is wrong because without adjusting entries, there is not necessary to adjust the flow of the financial statement.

Option B is wrong because, if we do not give adjusting entries, a debit and a credit entry will not come, and that cannot disturb the income statement.

Option C is wrong because whether the adjusting entries are posted or not, net income will always go to the statement of owner's equity.

The purpose of adjusting entries is to verify that the debits and credits are in balance. Therefore, <em>option D</em> is the answer.

3 0
3 years ago
According to finance theory firms should attempt to
svlad2 [7]
Maximize shareholder value.
3 0
3 years ago
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