Answer:
The correct answer is A
Explanation:
Monopoly is the market structure in which there is a single seller of the product and service. And the seller enjoys the freedom and does not have any competition in the market.
So, this is the case of a monopoly market structure as there is only single seller in the state. And the government regulate the monopolies so that could protect the interest of customers and adopt the policies such as merger regulations, competition in market and breaking down the monopoly.
Therefore, the government could control the prices by price capping, in which the government set the limit on the prices of the service. And in the case of monopolies have the power set the prices above the equilibrium level. Hence, it is required to regulate the price.
Answer:
Hold harmless.
Explanation:
It defines hold harmless as follows: To absolve (another party) from any responsibility for damage or other liability arising from the transaction.
A = P (1 + I)^n
40000 = 5000 (1 + 0.07)^n
(1.07)^n = 40000/5000 = 8
ln(1.07)^n = ln8
nln1.07 = ln8
n = ln8/ln1.07 = 30.7...
The best answer is closest to (d) 30.6 years.
Answer:
$ 68,000
Explanation:
The total manufacturing overhead costs should include the following heads:
Factory Supplies $ 9,000
Factory depreciation $ 33,000
Indirect labor $ 26,000
Total manufacturing overhead $ 68,000
The direct materials and direct labor are not part of the manufacturing overhead. though they are part of the manufacturing costs.
The admin wages and salaries, corporate headquarters rent and the marketing costs are not manufacturing costs
