All categories

4 years ago

Monopolist can produce at a constant average (and marginal) cost of

Business

1 answer:

ankoles [38]4 years ago

8 0

A monopolist can produce at a constant average (and marginal) cost of AC = MC = $5

You might be interested in

The following terms relate to the fundamental qualities of useful information. Match the key letter of the correct term with the

Bumek [7]

Answer:

1. Providing information that is not biased toward one position or another.

c. Neutral

As an accountant, you cannot prepare, record or select information in order to favor someone's personal interests.

2. Providing information before it loses its capacity to influence decisions.

d. Timely

Information must be available when it can influence future decisions. E.g. having a 2010 cost report today is useless if you are preparing next year's budget.

3. Providing information that is proven to be free from error.

b. Faithful representation

Faithful representation means that information must be accurate, complete, neutral, and free from errors.

4. Providing information that would make a difference in a business decision.

g. Relevant

Relevant information should be material and be either predictive or confirmatory.

5. Provide information that accurately depicts what really happened.

b. Faithful representation

Faithful representation means that information must be accurate, complete, neutral, and free from errors.

6. Providing information that confirms or corrects prior decisions.

a. Confirmatory value

It can be used to check, confirm or correct prior reports or evaluations.

7 0

3 years ago

Full-service banks are authorized to conduct business without a license granted by the federal or state government.

mixas84 [53]

Answer:

Explanation:

(c) Any person who engages in the business of money transmission without a license as provided herein shall be guilty of a felony and, on conviction thereof, shall be fined not more than $25,000, or imprisoned for not more than 5 years, or both. (July 18, 2000, D.C. Law 13-140, § 24, 47 DCR 3431.) § 26–1024. Promulgation of rules.

I hope this helped.

7 0

3 years ago

What is the future value of $25,000 invested for 10 years with a rate of return of 8%?

sergejj [24]

Answer:

6% on an investment that will return $450,000

Explanation:

5 0

3 years ago

The manufacturing shop is producing custom photo imprinted mouse pads for clients. The startup equipment cost $400. A mouse pad

Grace [21]

Answer:

$c(x) =400 + 3x$

$r(x) = 12x$

$x = 44.44$

Explanation:

Given

Cost

$Equipment = 400$

$Production = 3$ per mouse pad

Revenue

$Sales\ Price = 12$

Solving (a): The cost function

Let the number of mouse pad be x and the cost function be c(x).

$c(x) =Equipment + Production * x$

$c(x) =400 + 3 * x$

$c(x) =400 + 3x$

Solving (b): The revenue function

Represent this with r(x)

$r(x)= Sales\ Price * x$

$r(x)= 12 * x$

$r(x)= 12 x$

Solving (c): The break-even point

This is the point where r(x) = c(x)

So, we have:

$12x = 400 + 3x$

Collect Like Terms

$-3x+12x = 400$

$9x = 400$

Solve for x

$x = \frac{400}{9}$

$x = 44.44$

8 0

3 years ago

What does it mean for a decision maker to maximize value? Select one: a. to make the decision to be as clear and logical as poss

Irina-Kira [14]

Answer: Option D

Explanation: In simple words, value maximization in decision making refers to the concept in which the decision makers tries to make a decision through which both the parties involved gets maximum benefit.

Thus, he takes into consideration the concerns of both the parties without any bias and tries to make the best outcome out of it.

Hence from the above we can conclude that the correct option D.

7 0

3 years ago

Monopolist can produce at a constant average​ (and marginal) cost of

Monopolist can produce at a constant average (and marginal) cost of