Answer:
A monopolist does not have a supply curve because price and quantity are decided at the same time.
Explanation:
A supply curve is generally upward sloping showing a direct relationship between the price level and quantity supplied. In case of a perfectly competitive market, the demand curve is a horizontal curve, showing marginal; revenue and average revenue. The firm here is a price taker and decides the quantity to be supplied according to the price level. The firm is able to maximize profit at the level of output where the price is equal to marginal cost.
However, in case of a monopoly, the firm is a price maker. There is no unique relation between price and quantity. The price and quantity to be supplied are determined at the same time at the point where marginal revenue is equal to marginal cost.
Answer:
Explanation:
Bank reconciliation
Chesner Co.
July 31,2016
Cash balance according to bank statement $20,300
Adjustments:
Add:Deposit in transit on July 31 7200
Less:Outstanding checks -3585
Adjusted balance as per bank $23,915
Cash balance according to company’s records 11,100
Adjustments:
Add:Note for $12,000 collected by bank, including interest 12,480
Less:Bank service Charges -25
Add:Error in recording Check No. 1056 as $950 instead of $590 360
Adjusted balance as per Books 23,915
B. $23,915 should be reported to cash
The budget making process rests with the Congress.
In the United States, the budget making process rests with the Congress. This budget process is where the president submits a budget request to the Congress, and the the House of Senate pass the budget resolution. Thus, a national budget calculates how much is expected to be spent and gained during a period of time.
In the budget, the revenue estimate and the spending plans of the government are outlined. When the spending is higher than expected revenues, it is called a budget deficit and then the government needs to borrow funds to cover the deficits.
Hence, option A is correct.
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What is passive Strategy?
An investment approach for long-term investors is passive investing. By replicating an index, it seeks to maximise market returns while avoiding frequent trading. Investors benefit from a reduction in the costs or fees associated with active trading or active investment.
What is active strategy?
An active investment strategy is one that actively buys and sells companies with specific characteristics using the information obtained by qualified stock analysts. With higher returns and/or lower risk, the goal is to outperform index and overall stock market performance.
Passive Strategy:
- search, listen, respond
- good way to start
- seek out mentions of your business, its competitors in your industry
- simply saying thank you and answering questions is a great first step
Active Strategy:
- marketer creates content and engages in conversations through different SM channels
- connects with key influencers
- many brands jump to this step (step 2) without understanding their audience or preferred interaction
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Step six is to complete the plan.
The basic six steps are:
- receiving the requirements
- issuing a warning order
- making the tentative plan
- initiating the movement
- conducting the <span>reconnaissance, and finally
</span>- completing the plan
It is also advisable to follow the 6 steps by two additional steps which are:
- issuing the complete order
- supervision
