Answer:
B
Explanation:
First, a monopoly produce less than the socially efficient quantity because as the figure shows, the quantity produced is determined by the intersection between the marginal cost curve (MC) and the marginal revenue curve (MR) and not by the intersection between the MC and the demand. For instance, there is a deadweight loss (shown by the figure).
Second, equilibrium price is always higher than in a competitive market because is always higher than the MC. The price is determined by the equilibrium quantity (found before) and the demand. Also, there are barries to entry and so monopolist have always price control.
Answer:
DM Cost per Equivalent unit: 4.25
Explanation:
22400 beginning 60% materials 20% conversion
140,000 started
33600 ending 90% materials 40% conversion
Beginning Inventory
DM 71,160
DL 26,610
MO 20,110
Conversion Cost 46,720
Cost during the month
DM 618,800
DL 241,330
MO 513,600
Conversion Cost 754,930
Equivalent units Materials
22,400 * .4 8,960
140,000 140,000
33,600 * .1 (3,360)
145,600
DM Cost per Equivalent unit: 4.25
Long-term: this is when you have a family and kids probably. You should still go on walks, hikes or runs. Stay in shape.
Mid-term: your about 25 ish during this time. You should still be very active while still in college or have a career already.
Short-term: you should still have a passion for a sport or hoppy. Stick to it. You may get a scholarship for that sport if your good
