Answer:
Monopolist : Output at MR = MC; corresponding point at demand (AR) curve gives price.
Explanation:
Monopoly is a market structure having a single seller.
Monopolies have usual downward sloping demand curve, depicting price - demand inverse relationship. This 'falling price' case also makes monopoly Marginal Revenue curve usually lie down below its demand i.e Average Revenue Curve. Marginal cost is usually U shaped.
Monopoly producer chooses its equilibrium production quantity where : Marginal Revenue = Marginal Cost. The equilibrium price is determined at the price of corresponding equilibrium output, on the demand (average revenue) curve.
Answer:
Factor rating
Explanation:
Factor rating is a technique which involves qualitative and quantitative inputs and evaluates alternatives based on the comparison after identifying composite value of each alternative. Factors rating analysis is used to compare different projects based on multiple dimensions. The project is analysed based on their relative importance. This enables to evaluate a project based on both qualitative and quantitative inputs.
Answer:
a debit to Unearned Fees for $1,350.
Explanation:
As for the provided information, the details provided are:
Cash received for services to be provided up to 31 January, though cash is received on 1 December itself.
Since the accounting and financial year closes on 31 December the adjusting entry will be passed on the date for correcting the unearned revenue.
The unearned revenue has credit balance and as on 31 December such balance shall be debited and earned revenue related to the period up to 31 December shall be credited.
Accordingly total unearned revenue for 2 months = 1 Dec to 31 Jan = $2,700.
Therefore, total revenue for 31 December will be $2,700/2 1 = $1,350.
Accordingly unearned revenue will be debited by the amount and earned revenue will be credited by the same amount.
Financial managers should strive to maximize the current value per share of the existing stock because they have been hired to represent the interests of the shareholders.
Financial managers
- The management team of a corporation includes financial managers. To continue operating and turning a profit, they must make sure the company's finances are in order.
- Because they have been recruited to represent the interests of the shareholders, financial managers should work to maximise the current value per share of the company's existing stock.
- The wealth of shareholders should be the primary objective of financial management. Investors in a corporation put their own money into it, thus they are expecting a certain return. When the value of the company's shares rises, the return might be realised.
- When stock prices rise, the value of the entire business rises as well, boosting the wealth of the shareholders. Consequently, financial managers should constantly work to Because they work for the company's owners and it is what the owners expect of them, they must maximise the present price per share of stock.
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Answer:
product-line level
Explanation:
A product line refers to the marketing of the products which are related to the same brand name. The items are sold by the same company. Various products are sold under multiple product lines to increase the sale of the products. The product lines help in the distinction of the products from each other. Introduction of the product lines is a method of encouraging the sale of the products by the companies.