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GuDViN [60]
4 years ago
13

Because they can control product price, monopolists are always assured of profitable production by simply charging the highest p

rice consumers will pay.
b. the pure monopolist seeks the output that will yield the greatest per-unit profit.
c. an excess of price over marginal cost is the market's way of signaling the need for more production of a good.
d. the more profitable a firm, the greater its monopoly power.
e. the monopolist has a pricing policy; the competitive producer does not. f. with respect to resource allocation, the interests of the seller and of society coincide in a purely competitive market but conflict in a monopolized market.
Business
1 answer:
Verizon [17]4 years ago
3 0
<span>Because they can control product price, monopolists are always assured of profitable production by simply charging the highest price consumers will pay. False.

The pure monopolist seeks the output that will yield the greatest per-unit profit. False.

An excess of price over marginal cost is the market's way of signaling the need for more production of a good. True. 

The more profitable a firm, the greater its monopoly power. Neither false nor true. This can not be easily determined. 

The monopolist has a pricing policy; the competitive producer does not. True.

With respect to resource allocation, the interests of the seller and of society coincide in a purely competitive market but conflict in a monopolized market. True. 

In a monopoly, one has exclusive control over a supply or trade of a good or service. 
</span>
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Ironwood company had assets of $248,000 and liabilities of $160,000. during 2022, assets increased $28,000 and liabilities incre
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$340,000. stockholders' equity on December 31, 2022

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Total Assets = Penalties + Owner's Equity

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The equation must counteract because everything the firm owns must be purchased from debt (liabilities) and assets (Owner or stockholders equity). The owner's equity is computed by adding up all of the business assets and removing all of its liabilities.

To calculate current liabilities, you ought to add together all the money you owe lenders within the next year (within 12 months or less). Current liabilities contain current payments on long-term loans (like mortgages) and client deposits.

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4 0
2 years ago
In a price​ system, A. relative prices change infrequently due to transaction costs. B. relative prices change constantly to ref
faust18 [17]

Answer:

B, relative prices change constantly to reflect changes in supply and demand.

Explanation:

Prices of goods and services in any market change regularly or constantly. This usually shows the changes in demand and supply of the goods or service.

When the demand for a good is high, prices change and there is an increase. When the demand for a good is low, prices also change and become low as there are not as much people willing to buy the good.

For supply, when the supply of a good or service is high, the price of the good or service is reduced as there is abundant supply of the good. But when the supply of the good is not as much the prices of the good changes as there is an increase.

I hope this helps.

6 0
3 years ago
A new municipal bond issue had a dated date of January 1, 2018. The first coupon was due on August 1, 2018. The customer bought
blsea [12.9K]

Answer:

1 month

Explanation:

The last coupon paid by this bond was made on August 1, 2018, and the transaction is made on September 1, 2018, therefore, only 1 month has passed since the last coupon was paid. Therefore, accrued interests will be charged for only 1 month.

When bonds are sold including accrued interests, they are said to be sold at their dirty price.

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7 0
3 years ago
Explain what is meant by "Information Technology (IT) flattens organizations?
Shalnov [3]

Answer: The answer is given below

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Since decision making has been pushed to lower level then fewer managers will be needed. This ensures that faster decision making are made and there's increase in the span of control.

5 0
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