Answer:
The overview of the given scenario is described in the explanation segment below.
Explanation:
The monopoly seems to be the owner and manager of the sole business that operates on either the marketplace (Industry).
The monopolist becomes making an extraordinary income. Balance requirements become MC = MR, MC reductions MR from underneath the.
The breakeven point would be where the expense of Average is equivalent to the value (Average Revenue-AR)
Closing down portion would be when the company is unable to cover the AR Cost i.e.
⇒ AR < AVC.
The normal monopoly would be when it has a large competitive edge over all the future entrants as either a barrier to the entrance of just about any new company, which prohibits any new installment including its company into the sector. It may even be attributable to someone's power over manufactured goods or perhaps the possession of environmental assets.
The limits of monopoly power are given below:
- This power is limited to something like the possibility of competitors.
- If alternatives are present mostly on the market, it's been difficult to retain the monopoly.
- Law facilitates the possibility of monopoly power.
Answer:
$305,000
Explanation:
Given that,
Net income for the year = $290,000
Increase in accounts receivable = $21,000
Decrease in accounts payable = $9,000
Depreciation Expense = $45,000
Net cash provided by operating activities:
= Net Income of current year - Decrease in Accounts Payable + Depreciation Expense - Increase in Accounts Receivable
= $290,000 - $9,000 + $45,000 - $21,000
= $305,000
The answer is true because without our tax maney we wouldnt have goods and services.
a house, duh, clothing can be hung and stored, potato chips are bagged, a magazine is almost useless, but a house needs plants trimmmed and rooms cleaned and taking care of bugs and such
Answer:
$67,000
Explanation:
The total revenue will be income from the 300 rooms and that from 100 rooms
=(300 x $140) + ($100 x 250)
=$42,000 +$25,000
=$67,000