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ArbitrLikvidat [17]
3 years ago
7

If a perfectly competitive firm and a single-price monopolist face the same demand and cost curves, then the competitive firm wi

ll produce a:________.
a. greater output and charge a lower price than the monopolist
b. greater output but charge the same price as the monopolist
c. greater output and charge a higher price than the monopolist
d. smaller output and charge a lower price than the monopolist
e. smaller output and charge a higher price than the monopolist
Business
1 answer:
Rudik [331]3 years ago
7 0

Answer:

a

Explanation:

greater output and charge lower price than the monopolist

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State any five reasons why an entrepreneur may carryout Market survey.​
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Answer:

to know what the other people are interested in, for example they do a survey to see how much of each product they need and the popularity of how many people like the stuff, those are 2 reasons, quantity and I would say popularity 3: get the people to know that enreprenuer cares 4 and five just think about it, I cant really think of anymore

Explanation:

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Assume the following information for Teal Mountain Corp.
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Valerie promised to buy Nicole's car for $2,000. Nicole drew up the contract providing that the exchange would occur the next we
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Answer:

That the mistake resulted from an accidental clerical error and that it would be unconscionable to enforce the contract.

Explanation:

Nicole mistake is a clerical error.

An error is said to be clerical if it's a mistake that changes the meaning of a document after.

Typographical error and unintentional addition or removal of a word, phrase, or figure in the document can count as clerical error.

Mistakes like this should be readily rectified without objection by the court acting sua sponte, on its own, or on the motion of either party.

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3 years ago
A stock with a beta of 0.8 has an expected rate of return of 12%. If the market return this year turns out to be 5 percentage po
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Answer:

The correct answer is:  The expected rate of return for the stock would be around 7%.

Explanation:

The Beta coefficient is a numeral measure that portraits the volatility of a stock compared to the overall market performance. If a stock's beta is closed to the numerical value one (1) it implies it is highly correlated to the price movement of the overall market.

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8 0
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A company purchased land for $350, 000 cash. Real estate brokers commission was $25,000 and $35,000 was spent for demolishing an
docker41 [41]

Under the historical cost principle the cost of land would be recorded at: <u>d. $410,000 </u>.

<u>Explanation</u>:

<em><u>Given</u></em>:

Purchase cost of land = $350,000

Brokers commission = $25,000

Cost for demolishing old building = $35,000

Principle cost of land = ?

Principle cost of land= Purchase cost of land+ Brokers commission+ Cost for demolishing old building

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Principle cost of land= $410,000

The correct option is <u>d.$410,000</u>.

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