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Gemiola [76]
2 years ago
11

A monopoly creates a deadweight loss to society because it produces less output than the socially efficient level.

Business
1 answer:
Akimi4 [234]2 years ago
3 0
The answer is a. True
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Included in the statement of stockholders' equity are a.assets, income, and expenses. b.assets, liabilities, and stockholders' e
BARSIC [14]

Answer:

D.net income (loss), common stock, and dividends

Explanation:

Stockholder´s equity statement: It is a financial statement that shows all the changes in the value of stockholder´s equity in a particular period of time. It includes comprehensive income, unlike the income statement. It helps in knowing the position of equity.

Statement of shareholder´s equity include the following components:

  • Share capital.
  • Retained earning.
  • Income and dividend.

These three component affect the following item in the statement:

  • Issue of share capital.
  • Payment of dividends.
  • Change in net income.
  • Bonus share issue.
  • Sale of treasury stock.
  • Foreign Exchange.
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4 0
3 years ago
Luthan Company uses a plantwide predetermined overhead rate of $22.20 per direct labor-hour. This predetermined rate was based o
nalin [4]

Answer:

The amount of manufacturing overhead cost that would have been applied to all jobs during the period is $279,720

Explanation:

The computation of the amount of manufacturing overhead is shown below:

= Predetermined overhead rate per direct labor-hour × total direct labor-hours

= $22.20 × 12,600 direct labors

= $279,720

Since the predetermined overhead rate is already given in the question, so there is no need to recalculate it and the other items which are mentioned are not relevant for the computation part. Hence, ignored it

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3 years ago
You have $1200 to invest in a bank account with an interest rate of 5.5%, compounded monthly. After how many years will your acc
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2 years ago
Allocative efficiency means that ___________.
frutty [35]

Answer:

D. society’s scarce resources are used to produce products that align with consumer preferences

Explanation:

Allocation efficiency is a point in the economy when the goods and services being produced are exactly what the customers or people of the economy want  and this is a point of production when marginal social benefit of producing the good is equal to the producers marginal cost.

6 0
2 years ago
What are the opportunities of an entrepreneur
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Definition: the skill and risk taking ability of the person who brings the other resources or factors of production together to produce a good or service e.g. the owner of a business. These people are called entrepreneurs

Opportunities of an entrepreneur:
• involves the sale or lease of any product, service, equipment that will enable the purchaser-licensee to begin a business.
• invest in (multiple) businesses
•quality content
• foreign markets
•crowdfunding
8 0
3 years ago
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