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julsineya [31]
3 years ago
15

A​ single-price monopoly​ _______. A. experiences economies of scale over the relative portion of the LRAC curve B. is a price t

aker C. can sell a larger quantity only by setting a lower price D. is a collection of many firms that sell identical goods for the same price
Business
2 answers:
Alla [95]3 years ago
6 0

Answer:

B. is a price taker

Explanation:

A single-price monopoly can be described as a monopolist that must sell to all its customers at the same price each unit of its product.

A single-price monopolist is different from a price-discriminating monopoly that can different unit of its output at different prices.

Therefore, a single-price monopoly is a price taker because it has no power to price discriminate.

Allisa [31]3 years ago
4 0

Answer:

C

Explanation:

Because he can not price discriminate

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Answer:

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6 0
3 years ago
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KatRina [158]
#8 is C. Unfortunately I do not know #9.
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5 0
3 years ago
Read 2 more answers
Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes
OLEGan [10]

Answer:

the total manufacturing cost is $39,150

Explanation:

The computation of the total manufacturing cost assigned as follows:

Overhead costs is

= 115% of $10,100

= $11,615

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= Direct materials cost + Direct labor costs + Overhead costs

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3 0
3 years ago
The company employs a single employee who works all five weekdays and is paid on the following Monday. The employee works the en
Oksanka [162]

Answer:

Date             Account                Dr.           Cr.

Dec 30    Wages Expense     4,000

               Wages Payable           4,000

Explanation:

Employee worked the whole week which ended on Friday, December 30. The adjusting entry will require to record the accrued expense at end of the period. As the last day of period is Saturday, December 31 and he will be paid on Monday January 2. The accrual accounting requires to record an expense at the end of the year if it is incurred even if it is not paid yet.

Payroll expense = $800 x 5 days = $4,000

4 0
3 years ago
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