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lora16 [44]
3 years ago
11

When a natural monopoly exists in a given industry, the per-unit costs of production will be?

Business
1 answer:
alina1380 [7]3 years ago
4 0
<span>They will be lowest when a single company produces all of the output in an industry. This will be because the one company is doing all the production and does not have to compete with any other companies trying to enter the marketplace. The lack of new companies will allow the monopolizing company to set their own prices for costs of production.</span>
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Suppose the economy starts off producing Natural Real GDP. Next, aggregate supply rises, ceteris paribus. As a result, the price
lord [1]

Answer:

The price level will be equal to what it was before there was a rise in the aggregate supply.

Explanation:

In economics, natural gross domestic product (Natural Real GDP) can be described as the maximum level of real GDP that can be  sustained by an economy over the long term. The Natural Real GDP is also known as the potential output.

From the question, since the economy has moved back to producing Natural Real GDP which is the maximum real GDP sustainable, the price level will be equal to what it was before there was a rise in the aggregate supply.

Therefore, the price level will be equal to what it was before there was a rise in the aggregate supply.

8 0
3 years ago
A company purchased land in exchange for a $25,000, 10-year note payable. The increase in the Notes Payable account would be rec
77julia77 [94]

The increase in the Notes Payable account would be recorded with a credit.

<h3>Notes payable account:</h3>

Assuming the company purchased land in exchange for a $25,000, 10-year note payable the increase in the Notes Payable account would be recorded with a credit.

The appropriate journal entry to record this transaction will be:

Journal entry

Debit Land $25,000

Credit Notes Payable $25,000

(To record note payable)

Inconclusion the increase in the Notes Payable account would be recorded with a credit.

Learn more about notes payable here:brainly.com/question/14816928

5 0
2 years ago
How to solve this problem please help me​
Svetach [21]

Answer:

Date                                Particulars Debit Credit

Inventory                                        40,000  

Accounts Payable - Gita                          30,000  

Bank                                                           10,000  

   

Accounts Receivable - Jeewan          7,000  

Sales                                                           7,000  

   

Cost of Goods sold                          10,000  

Inventory                                                      10,000  

   

Accounts Payable - Gita                   15,000  

Discount Received                                      1,000  

Cash                                                              14,000  

   

Cash                                                    6,500  

Discount Received                             500  

Accounts Receivable - Jeewan                       7,000  

Explanation:

It is required to record journal entries of given transactions. It is shown on the question that transactions includes purchase, sales, cash receipts and cash payment.  The first transaction describe that business purchase goods from Gita while in second transaction it shows the business sold goods on Credit. The third transaction indicates business paid cash to accounts payable and received discount. The fourth transaction indicates that business received cash from Jeewan a Receivable and received discount from them.

4 0
3 years ago
If the contribution margin ratio for domino company is 35%, sales were $2,100,000, and fixed costs were $400,000, what was the i
agasfer [191]
Hi there

income from operations=
Sales-(fixed+variable) cost

So we need to variable cost
Variable cost=
Sales-Contribution margin

Contribution margin=
2,100,000×0.35
=735,000

Variable cost=2,100,000−735,000
=1,365,000

Income from operation
2,100,000−(400,000+1,365,000)
=335,000 ....Answer

Hope it helps
6 0
3 years ago
A command economy features:
Anit [1.1K]

A private companies operating without government interference

Explanation:

6 0
2 years ago
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