Answer:
The correct answer will be the "proportion of firms with flexible prices".
Explanation:
- The sticky market or price mechanism induces on the upward steep slopes quantity supplied for the immediate term cumulative. That was because firms reacting to changes and differences in economic conditions are restrictive in fluctuating prices.
- We addressed the explanations or causes behind the strength and stiffness throughout this section.
So that the above is the correct solution.
For a monopolist, price is above marginal revenue.
<h3>What is monopolist market?</h3>
A monopolist market is a market with managed alone.
The price of commodity should be greater than marginal revenue this is because until marginal revenue and cost are balance the business cannot expand.
But a high price above the revenue will equal to profit.
Learn more on monopolist market below
brainly.com/question/13113415
#SPJ1
Answer: $618,096
Explanation:
Accumulated depreciation after 5 years = 20% + 32% + 19.2% + 11.52
= 82.72%
Value after 4 years = 3,300,000 * ( 1 - 82.72%)
= $570,240
Gain on sale = Salvage value - Net book value
= 650,000 - 570,240
= $79,760
Aftertax salvage value = 650,000 - (Gain on sale * tax)
= 650,000 - (79,760 * 40%)
= $618,096
Answer:
Dallas Boot Corporation
Assuming that there would be no commission on this potential sale, the lowest price the firm can bid is some price greater than:_________
= $20.
Explanation:
a) Data and Calculations:
Pairs of military combat boots on the bid = 1,000
Direct material $8
Direct labor 6
Variable overhead 3
Variable selling cost (commission) 3
Fixed overhead (allocated) 2
Fixed selling and administrative cost 1
Total cost of production and sales $23
Less commission 3
Total cost per boot $20
b) The bidding price less sales commission will be a price that is greater than $20 per boot. The extra amount per boot will cover the profit expected from the transaction.
Answer:
(i) $14,000
(ii) $32,000
(iii) $10,000
Explanation:
Cost of the machine that is recorded in the books of accounts is the total cost incurred to make the machine useful and useable.
Cost for each machine:
= amount paid for the assets + installation costs + renovation cost prior to use.
Therefore,
Cost of Machine A = 11,000 + 500 + 2,500
= $14,000
Cost of Machine B = 30,000 + 1,000 + 1,000
= $32,000
Cost of Machine C = 8000 + 500 + 1500
= $10,000
