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dem82 [27]
3 years ago
7

Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a

profit-maximizing pure monopoly occurs where a. marginal cost equals average revenue.b. marginal revenue equals average cost.c. average total cost equals average revenue.d. marginal revenue equals marginal cost.
Business
1 answer:
irga5000 [103]3 years ago
3 0

Answer: Option (d) is correct.

Explanation:

Correct Option: Marginal revenue equals marginal cost.

Pure monopoly is a market situation in which there is a single firm who are producing the goods and these goods are the close substitute. There is no other firm in the market. So, the monopoly firm is the price setter.

The output level that is produced by the profit maximizing monopoly firm is at a point where marginal revenue is equal to the marginal cost. It is the same profit maximizing condition that a competitive firm also utilize to find their equilibrium level of output.

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According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build.
sukhopar [10]

According to your text, sales promotions such as free smples and point-of-purchase displays are designed to build. are called "Short-Term sales."

<h3>What is short term sales?</h3>

An property or stock that the seller doesn't own is sold in a short sale. The typical transaction involves an investor selling borrowed securities in expectation of a decrease in price; the seller is then obligated to deliver the same number of shares at a later date. A seller, on the other hand, holds a long position in the stock or asset.

Some characteristics of short term sales are-

  • A stock that its an investor believes will lose value in the near future is sold short.
  • A trader borrows shares on margin for a set length of time to complete a short sale, selling the stock when the price is attained or the period of time has passed.
  • Because short sells restrict gains while amplifying losses, they are regarded as dangerous trading techniques. Additionally, they come with regulatory hazards.
  • To be successful, short sales need to be timed almost perfectly.

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5 0
1 year ago
The current sections of Pearl Corp.’s balance sheets at December 31, 2021 and 2022, are presented here. Pearl Corp.’s net income
Kitty [74]

Answer:

$299,200

Explanation:

Pearl Corp.’s Statement of cash flows

Cash Flows from operating activities:

Net Income 279,400

Adjustments to reconcile net income to cash flow from operating activities:

Depreciation expense $46,200

Accounts Receivables Increase ($17,600)

(93,500 -75,900)

Inventories Increase ($17,600)

(85,800 -68,200)

Prepaid expenses decrease $2,200

(18,700- 20,900)

Accrued Expenses payable decrease($11,000)

($6,600- $17,600)

Accounts Payable increase $17,600

(96,800 - 79,200)

Net Cash provided by Operating Activities $299,200

6 0
3 years ago
Your company has been bought out by another company. In the acquisition, you have been asked to leave the company and as severan
expeople1 [14]

Answer:

$614,457

Explanation:

The present value of the annual cash inflow of $100,000 for ten years can be found by the following formula:

Present Value  = Annual Cash Inflow * Annuity Factor (Step 1)

Here

annuity Factor at 10% for 10 years time is

By putting values we have:

Present Value = $100,000 × 6.14457 = $614,457

Step 1 : Annuity Factor

Annuity Factor = (1 - (1 + r)^-n) / r

Here r is 10% and n is 10 years.

So by putting values, we have:

Annuity Factor = (1 - (1 + 10%)^-10) / 10%   =  6.14457

8 0
3 years ago
Which of the following exemplifies a performance goal?
sveticcg [70]

Employees are required to achieve short-term performance goals. Employees can better comprehend what is expected of them or their positions when goals are defined for them.

<h3>What is performance Goal ?</h3>

Additionally, it aids in the proper evaluation and direction of workers by employers.

Establish a procedure for monitoring progress on important projects, including milestones and decision deadlines, in order to promote concentration on finishing a work. Share by February 10 with the management.

Concentrate on achieving performance standards or goals independently of rival competitors—typically by drawing comparisons to one's own prior success. Focus on the actions that a person must take during a performance in order to execute or perform properly.

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4 0
8 months ago
"partnerships are the most common type of business firms in the world"
Ulleksa [173]
Partnerships are the most common type of business firms in the world.
False
3 0
3 years ago
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