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Lena [83]
3 years ago
12

What is the definition of liability? the amount a consumer must pay after an incident before the insurance company starts paying

the monthly amount paid for insurance intentionally destroying something in order to collect insurance a responsibility to pay for or fix a problem
Business
2 answers:
Tatiana [17]3 years ago
8 0

a responsibility to pay for or fix a problem

Alekssandra [29.7K]3 years ago
4 0
"A responsibility to pay for or fix a problem"
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James's price is $4 less than if the firm is a monopoly. A further explanation is given below.

Explanation:

Marginal income should have been equivalent to the marginal cost expenses as there was a Monopoly. The marginal price is calculated at 8 dollars. That being said, marginal income is declining.

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When making the 4th unit, no marginal income as well as marginal cost becomes nearest. It, therefore, means that, as it generates 4 units, the Monopoly price would have been $12. Whether it is a reasonably open market, the cost should always be equivalent to marginal revenue, meaning $8 would be the price.

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Through synergy individuals or entities combine their efforts and resources to accomplish more collectively than they could individually. This practice eventually results in increased productivity, efficacy, and performance. Synergy is seen to be reflected on a company's balance sheet through the company's goodwill account.

Hence, in addition to merging with another company, a company also creates synergy by combining products or markets.

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What might be an example of corporate social responsibility
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