Answer:
The correct answer is (A) output will be too small and its price too high.
Explanation:
MONOPOLY PRICE: price that departs from the value or production price of a given merchandise. Economic way in which capitalist monopolies obtain super profits. The monopoly price is equal to the production costs plus the high monopoly gain. There are two types of monopoly prices: the high ones, to which the monopolies sell their production and the low ones, to the monopolies buying the raw material or products destined for reworking and for sale, especially in colonial and dependent countries. In order to keep monopoly prices on the market, capitalist monopolies: 1) hinder the free emigration of capital by preventing the competitor from lowering the monopoly price or establishing an agreement with him to maintain a certain price, 2) limit the The production of goods in the internal market, without certain reductions in production, not even the destruction of "surplus" goods, 3) uses the bourgeois state to protect the internal market against foreign competition by establishing high tariff rates. Monopoly prices do not eliminate the action of the law of value as a law of merchandise prices. What monopoly capital earns thanks to monopoly prices, is lost by workers in capitalist countries and also the popular masses of colonial and economically weak countries, from which monopolists, through non-equivalent exchange, derive huge profits. A certain portion of the monopoly price is part of the gain of the bourgeoisie that does not enter the monopoly group. In this way, the interests of different classes and groups of today's capitalist society intersect in the monopoly price. For this reason, the growth of high monopoly prices, as well as the reduction of low monopoly prices - a phenomenon that is observed endlessly - leads to the further sharpening of the class contradictions of imperialism.
Answer:
a weekly compounded rate of 0.355%
Explanation:
the question is incomplete:
a daily compounded rate of 0.040%, a weekly compounded rate of 0.355%, a monthly compounded rate of 1.15%, a quarterly compounded rater of 4.00%, a semiannually compounded rate of 7.5% or an annually compounded rate of 14%
compounded daily:
- effective interest rate = (1 + 0.0004)³⁶⁵ - 1 = 0.157162407
compounded weekly:
- effective interest rate = (1 + 0.00355)⁵² - 1 = 0.202344148
compounded monthly:
- effective interest rate = (1 + 0.0115)¹² - 1 = 0.147071911
compounded quarterly:
- effective interest rate = (1 + 0.04)⁴ - 1 = 0.16985856
compounded semiannually:
- effective interest rate = (1 + 0.075)² - 1 = 0.155625
compounded annually
- effective interest rate = 14%
Answer:
The correct answer is: marginal cost; average variable cost.
Explanation:
The supply curve of a perfectly competitive firm is equal to its marginal cost curve above the minimum point of its average variable cost. This happens because the firm supplies at the point where its price is equal to marginal cost and covering the average variable cost.
In case the product price does not cover the average variable cost, the firm will stop production.
Answer:
This proposal will not work.
Explanation:
All taxes work the same way, it doesn't matter if they are payroll taxes or taxes on goods or services. In this case, labor is the service provided by the employees (suppliers) and the employer is the consumer. A tax increase will reduce the demand for labor, and therefore the equilibrium price of labor (wage) will also decrease. If wages decreases, then workers are not going to be better off, on the contrary they will be worse off. This tax increase will lower both the wage and the employment level.
