Answer:
Higher prices.
Explanation:
Expansionary monetary policy seeks to grow the economy by increasing the money supply, lowering interest rates, and stimulating demand. As we know from the supply/demand curves, higher demand leads to higher price levels.
Answer:
- A. What will be the energy consumption of the new robotics.
- C. Whether even better robotics may be available in a short while.
- D. Whether there will be additional training necessary with the new robotics.
Explanation:
Factors that should be considered before a decision is made on purchasing or investing should include anticipated costs or the chance of the product being made obsolete such that new products may need to be bought.
The energy cost of the new robotics should therefore be considered along with the chance that there may be better robots in the future such that there may be a need to replace the robotics to be acquired.
Training cost should also be considered as this is very integral to using the robotics effectively.
Sunk costs should not be considered as they have already be expended and no decision will reverse them.
The per-unit economic profit at the profit-maximizing output is $112 if the product price is $283.
<h3>How do we calculate profit-maximizing price?</h3>
The rule for calculating a profit-maximizing perfectly competitive firm is to produce the level of output where Price equals the Marginal Revenues= Marginal cost.
Hence, the economic profit is calculated by Total Revenue - (Explicit Costs + Implicit Costs) because it entails the difference between the revenue received from the sale of an output and the costs of all inputs.
Therefore, the per-unit economic profit at the profit-maximizing output is $112 if the product price is $283.
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If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then the government should make the price equal to the marginal cost.
Monopolies are businesses that are dominated by few people in the industry. They have little competition from others and have high barriers to entry.
They can sometimes reduce production to increase the price of their goods and services.
The government can regulate the activities of monopolies by making their price equal to the marginal cost.
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Answer: a. The account is closed to fund balance-unassigned at the end of the year.
Explanation:
The Unassigned fund balance is the amount left in the Government's general fund that was not assigned to any undertaking or funds during the year. This balance is as well not restricted or committed to any undertaking.
It will therefore be debited to close off the account at the end of the period not unlike a balance carried down in a ledger account that is used to close off the account and is then sent forward to the next period.
