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
marta [7]
2 years ago
5

g In a very long run situation, monopolies earn: a. an economic profit of 1%. b. an economic profit of 100%. c. an economic prof

it of 0. d. an economic loss of 1%.
Business
1 answer:
egoroff_w [7]2 years ago
5 0

Answer:

 b. an economic profit of 100%.

Explanation:

A monopoly is when there is only one firm operating in the industry. There are high barriers to entry of firms in a monopoly. Profit is maximised where MR = MC.

Economic profit is affected by the entry or exit of firms into the industry in the long run. Due to the high barriers to entry, a monopoly earns economic profit in the long run.

I hope my answer helps you

You might be interested in
Deon is opening a car wash, and he has approached SCORE, an SBA organization that assists small-business owners in setting up th
Marianna [84]

Answer:

A.) Write a business plan

Explanation:

A business plan is a docent that describes nature of the business, growth and sales strategies, and projected profits.

It is a road map that shows how a business will be set up, how it will function to meet set goals, and financial projections that demonstrates the viability of the business idea.

Deon will have to come up with a business plan that summarises his vision of setting up the car wash. On the basis of this SCORE will make a decision about helping him start the company.

3 0
3 years ago
Goliath Corp. has beginning accounts receivable of $2,000. During the year, Goliath sold goods to customers on account for $10,0
pishuonlain [190]

Answer:

$12,000

Explanation:

According to the accrual accounting method, the reporting of the transactions should be performed on an accrual basis which means whether or not the payment is paid but it is reported in the account books.

The revenue should be recorded when it is earned or realized and the expenses are recorded when it is incurred

So, in the given scenario, the amount based on accrual basis sales would be

= Goliath sold goods to customers on account + Goliath also sold goods to customers for cash

= $10,000 + $2,000

= $12,000

3 0
3 years ago
5. Consumers subconsciously screen out stimuli that they find psychologically threatening, even though exposure has already take
svetoff [14.1K]

Answer:

The correct answer is letter "E": Perceptual defense.

Explanation:

In psychology, perceptual defense refers to the suppression of a stimulus that represents a threat or an uncomfortable situation for an individual. Those inputs are distorted somehow by the individual to reject the unpleasant feeling so that the person does not feel that bad because of it. In such a way, the brain works as a defense mechanism able to distort information to mitigate the effects in the behavior produced by the stimulus.

5 0
3 years ago
F brown lent us 4000 giving us the money by cheque​
PSYCHO15rus [73]

Answer:

See below

Explanation:

This transaction is affecting the bank's balance and F brown accounts. It is increasing the bank balance( asset account) by 4000 and increasing accounts payable/F brown ( liabilities account) by 4000.

An increase in assets is debited while an increase in liabilities is credited.

The journal entry will be

Bank A/c Dr.  4000

F brown A/c           4000

3 0
2 years ago
I'maGoldMiner has benefited from a record rise in gold prices in the global commodities market. While the price of its output is
Svetllana [295]

Answer:

I'maGoldMiner has benefited from a record rise in gold prices in the global commodities market. While the price of its output is highly influenced by market speculation, if it wants to increase production to take advantage of the current profit-maximizing opportunity, the company must accept market price for its physical capital input.

Explanation:

Actually, the market of gold is very speculative and in general  a "gold mines" has to accept market prices because they can't influence in them as in the case of I'maGoldMiner because it represents a small part of the market.

3 0
3 years ago
Other questions:
  • Individuals and companies respond to incentives in order to allocate their scarce resources in ways that provide the __________
    12·2 answers
  • Acme Home Lending offers home equity loans up to 80% of the home value for its customers. If Sally Johnson has a home valued at
    5·1 answer
  • Suppose equilibrium savings equals $750 billion, and equilibrium GDP equals $3,500 billion. Investment spending rises to $900 bi
    6·1 answer
  • What has the biggest impact on whether a 4 year university is affordable?
    12·1 answer
  • _____ involves a strategic effort by firms to supply customers with environmentally friendly, sustainable merchandise and servic
    12·1 answer
  • The decision to issue additional shares of stock is an example of: Multiple Choice working capital management. a controller's du
    7·1 answer
  • You expect Technomess Company common stock to pay a dividend of $2.40 one year from now. You can buy the stock now for $52, and
    8·1 answer
  • What is a sales forecast?
    5·1 answer
  • What are persuasive messages
    14·2 answers
  • Yield management pricing is ______. Multiple choice question. setting a price a few cents or a few dollars below an even number
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!