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4 years ago

Suppose a monopolist's costs and revenues are as follows: ATC = $50.00; MC = $45.00; MR = $40.00; P = $55.00. The firm should

Business

1 answer:

Alexeev081 [22]4 years ago

7 0

I encountered this question but it should have choices. The choices were

A) decrease output and increase price.

B) not change output or price.

C) increase output and decrease price.

D) shut down.

The firm should DECREASE OUTPUT AND INCREASE PRICE.

MC is greater than MR thus the need for decrease in output and increase in price.

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All things equal, a magma will have __________ viscosity than a lava

mixas84 [53]

The answer to this question is Lower
Viscosity refers to the rate of thickness on a certain substance compared to another. Unlike magma, Lava is the mixture of various liquid, crystals, and some elements such as silicon, oxygen, aluminum, calcium, iron, magnesium sodium, potassium, phosphorus, and titanium, which makes it significantly more thicker compared to magma.

3 0

3 years ago

The following transactions occurred during March 2016 for the Wainwright Corporation. The company owns and operates a wholesale

Triss [41]

Answer:

1. Financing Activity : $300,000

2.Investing Activity : $10,000 and Non-cash Financing and Investing Activity : $30,000

3.Operating Activity : - $90,000

4.Operating Activity : $50,000

5.Operating Activity : -$5,000

6.Operating Activity : -$6,000

7.Operating Activity : -$70,000

8.Operating Activity : $55,000

9.Operating Activity : $1,000

Explanation:

Operating Activities involves the entity`s trading operation in ordinary course of business.

Investing Activities involves the entity`s sale or purchase of Investments.

Financing Activities involves the entity`s acquisition and sale of funds.

6 0

3 years ago

Refer to the scenario to answer the following questions. A government worker surveys a number of households and comes up with th

Vikki [24]

Answer:

Explanation:

I honestly don't know how to answer this, but I can look into it and get back to you.

3 0

3 years ago

Investment can be increased both by reducing taxes on private saving and by reducing the government budget deficit.

Romashka [77]

Answer:

1. Increasing

2. A. The elasticity of private saving with respect to the after-tax real interest rate

B. The response of private saving to changes in the government budget deficit

C. The elasticity of investment with respect to the interest rate

Explanation:

1. It is difficult to implement both of these policies at the same time because reducing taxes on private spending has the effect of Increasing the government budget deficit.

A Government budget deficit is acquired when the government spends more than it earns. The Government earns money from taxes and if it spends more than it receives in taxes, that will lead to a deficit. If taxes on Private spending are reduced, this will lead to less tax revenue for the government thereby increasing the Deficit.

2. All of the listed options are useful in determining which policy would be a more effective way to raise investment.

The elasticity of private saving with respect to the after-tax real interest rate refers to how much private saving changes in reaction to a change in the tax rates. This can enable one decide how much investment will be expected if the Government reduces or increases taxes.

The response of private saving to changes in the government budget deficit is also a useful factor to look at because private savings reduce when government deficits reduce.

Also how much does investment change by due to interest rates. This will be important to note in terms of Private Investment to see if it will be beneficial to use it over reducing the government budget deficit given a certain interest rate.

7 0

3 years ago

During the first 11 months of a recent year, a certain charitable organization received an average (arithmetic mean) of $20,600

IgorLugansk [536]

Answer:

$25,400

Explanation:

Average for first 11 months = $20,600

Total amount for first 11 months = 11 x $20,600 = $226,600

Average for 12 months = $21,000

Total amount for 12 months = 12 x $21,,000 = $252,000

Amount received in December = $252,000 - $226,600 = $25,400

The organization received $25,400 in donations during December

6 0

3 years ago