All categories

3 years ago

Society suffers a deadweight loss in a pure-monopoly market because

1 answer:

8 0

A pure-monoply means that a company does not have to compete with other producers within the market. Since they aren't competing with a good or service, they aren't competing with each others customers either. When a company does not have to compete on price/customers they may end up being greedy and have market failure.

You might be interested in

Assume that a $1,000,000 par value, semiannual coupon U.S. Treasury note with two years to maturity has a coupon rate of 6%. The

velikii [3]

Answer:

Value of treasury note = 738000

Explanation:

Value of treasury note = Interest * PVAF(9.9%,5Years) + Maturity Value * PVF(9.9%,5year)

= 30000 * 3.800 + 1000000 * 0.624

= 738000

3 0

2 years ago

McConnell Corporation has bonds on the market with 18 years to maturity, a YTM of 9.8 percent, a par value of $1,000, and a curr

djyliett [7]

Answer:

13.70%

Explanation:

We use the PMT formula which is to be shown in the attachment

Given that,

Present value = $1,326.50

Future value = $1,000

Rate of interest = 9.8% ÷ 2 = 4.9%

NPER = 18 years × 2 = 36 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the PMT is

= $68.48 × 2

= $136.92

Now the coupon rate is

= $136.92 ÷ $1,000

= 13.70%

4 0

3 years ago

Karen owns City of Richmond bonds with a face value of $10,000. She purchased the bonds on January 1, 2018, for $11,000. The mat

Ainat [17]

Answer:

amount of taxable interest income that Karen report for 2018 = 0

Amortization per year = $100

Adjusted basis = $ 10,900

Explanation:

given data

face value = $10,000

purchased the bond = $11,000

interest rate = 4%

solution

we know here that City of Richmond bonds that is tax exempted

so that amount of taxable interest income that Karen report for 2018 = 0

and

as Premium on the bond is

Premium on the bond = purchased the bond - face value

Premium on the bond = 11,000 - 10,000 = 1,000

and here time Period = 10 years ( January 1, 2018 to December 31, 2027 )

so Amortization per year is

Amortization per year = $\frac{1000}{10}$

Amortization per year = $100

Adjusted basis will be = Purchase price - Premium amortized

Adjusted basis = 11,000 - 100

Adjusted basis = $ 10,900

8 0

3 years ago

Am I the only one who believes that having to pay for Brainily+ to get answers, and better answers at that, to be unfair? I unde

fiasKO [112]

Yes it is unfair exactly like people can’t afford sometimes

5 0

3 years ago

Read 2 more answers

During an ice hockey game, Claude silently skates up to Gordie from behind and hits him over the head with his stick. Claude is

OverLord2011 [107]

Answer:

battery

Explanation:

Based on the information provided within the question it can be said that If Gordie sues Claude, Claude would be guilty of battery. In the context of criminal behavior, Battery refers to the crime of being aggressive and making contact with another person, with or without his or her consent. It is a type of assault charge but the person must have made physical contact with the victim.

4 0

3 years ago