A monopolist maximizes profits at the output at which marginal revenue equals marginal cost.
<h3>Who is a monopolist?</h3>
It should be noted that a monopolist simply means an individual that controls the sale of a particular good in the market.
In this case, a monopolist maximizes profits at the output at which marginal revenue equals marginal cost.
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Answer:
Explanation:
If in 2006 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then using the market value of equity, the debt -equity ratio for Luther in 2006 is closest to ________.
A) 3.45 B) 1.72 C) 0.86 D) 2.41
B) D / E = Total debt / Total equity
Total Debt = Notes payable (10.5) + Current maturities of long-term debt (39.6) + Long-term debt (231.3 ) = 281.4 million
Total equity = 10.2 × $16 = $163.2, so D / E = $281.4 / $163.2 = 1.72
Answer:
Depreciation Expense, Credit, Accumulated Depreciation.
Answer:
u can use quillbot.com
Explanation:
it makes a few sentences into a lot giving a whole article on something off of a few sentences u write
Answer:
The opportunity cost is the cost that is generated by selecting some other alternative. The opportunity cost indicates the value or activity that is foregone to do something else.
In our case, me and my friend decided to go on a concert and concert ticket price is $100.
There are other three alternatives available for me and my friend other than concert:
(i) purchase a textbook worth of $100.
(ii) meal at a highly rated local restaurant
(iii) internet movie downloads
It was given that my next best alternative to the concert is internet movie downloads and my friend's next best alternative to the concert is meal at a highly rated local restaurant.
Hence,
The opportunity cost for me and my friend of the concert tickets that we purchased are internet movie downloads and meal at a highly rated local restaurant, respectively.
