"Sweater" is the factor that is most likely influencing the decision to wait because it probably isn't cold enough for a sweater yet (I think?)
Services are typically intangible.
Answer: <em><u>The Assembly Process</u></em>
Explanation: I hope it helps you!
Answer: ($203)
Explanation:
The company’s 2010 change in net working capital will be calculated thus:
Net working capital = current assets - current liabilities
For 2009, net working capital will be:
= $2,584 - $1,191
= $1393.
For 2010, net working capital will be:
= $2,644 - $1,048
= $1596
Change in net working capital will be:
= $1393 - $1596
= ($203)
Answer:
The correct answer is option D.
Explanation:
A monopoly firm is neither productively nor allocative efficient. The reason behind this is that it does not utilize the resources efficiently and produces below the socially optimal level of output.
Unlike perfect competition, which produces at the point where price equals marginal cost, a monopolist produces at the point where the price is greater than marginal cost.
This inefficiency is visible through the decrease in consumer surplus and deadweight loss. The difference between socially optimal level of output and monopoly output also represents inefficiency. The value of the goods and services that could have been made if monopolist chose to produce at a socially optimal level also shows inefficiency.