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3 years ago

A monopoly is most likely to emerge in a market when

Business

1 answer:

Zanzabum3 years ago

5 0

Answer: there is only one producer of a commodity

Explanation: In simple words, monopoly refers to a market structure in which there is only one participant in the market who is making available the commodity to the customers.

Monopoly can arise from a number of factors such as patents rights, new invention etc. Sometimes the govt. of a country finds it suitable to handle a particular industry for the national benefit such as defense.

Although monopolist is the single producer but still he or she cannot charge any price as the rule of price and demand is applies to monopoly also.

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Use this information for Rylan Corporation to answer the question that follow. Rylan Corporation received an offer from an expor

kondaur [170]

Answer:

What is the amount of the income or loss from acceptance of the offer?

b. $25,000 loss

Explanation:

If the company has a variable cost of $11 for each unit produced, then the gross margin to cover the fixed cost it's ($16 - $11 = $5), but the company has a fixed cost of $5 for each unit produced, means that the company loss $1 for each unit sold to the exporter.

The the company has a loss of $1 * 25,000 Units= $25,000

4 0

3 years ago

The following information is available for Carla Corporation for 2019 (its first year of operations).

Anastasy [175]

Answer:

The calculations and journal entries are shown below:

Explanation:

The computations are shown below:

a. The taxable income is

Pretax financial income $302,100

Less: Excess of tax depreciation over book depreciation -$43,800

Add: Rent received in advance deferred for book purposes $18,100

Taxable income $276,400

b. The journal entry is shown below:

Income tax expense $60,420

Deferred tax asset (20% × $18,100) $3,620

To Income tax payable (20% × $276,400) $55,280

To Deferred tax liability (20% × $43,800) $8,760

(Being the income tax expense, deferred income taxes, and income taxes payable for 2019 is recorded)

c. The journal entry is shown below:

Income tax expense $63,270

Deferred tax liability ($8760 ÷ 4 years) $2,190

To Income tax payable (20% × $309,200) $61,840

To Deferred tax asset (20% × $18,100) $3,620

(Being the income tax expense, deferred income taxes, and income taxes payable for 20 is recorded)

5 0

3 years ago

Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.5

stellarik [79]

Answer:

correct option is (A) 16,500 units.

Explanation:

given data

shirts sold = $7.50

variable cost = $2.25

after tax net income = $5,040

selling price =$10

solution

we get here first fixed cost that is

Break even sales units = Fixed costs ÷ Contribution per unit .............1

put here value

20000 = $\frac{fixed \ cost }{7.50 -2.25}$

Fixed costs = $105000

and

Fixed costs coming year will be

Fixed costs coming year = ($105000 × 1.10)

Fixed costs coming year = $115500

and

Variable cost = $2.25 + ($2.25 × $\frac{1}{3}$ )

Variable cost = $3

so that Contribution margin will be

Contribution margin = Sales price - Variable cost ............2

Contribution margin = $10 - $3

Contribution margin = $7

and

break even sales units is

break even sales = $\frac{115500}{7}$

break even sales = 16500 units

so correct option is (A) 16,500 units.

4 0

4 years ago

The goal of expansionary fiscal policy with respect to output is to: Multiple Choice increase spending and shift aggregate deman

soldier1979 [14.2K]

Answer:

Increase spending and shift aggregate demand to the right in an effort to reach full employment output.

Explanation:

The goal of expansionary fiscal policy with respect to output is to reduce the problem of unemployment. In order to let this work, the government must increase its spending or Decrease the tax rate. This will make the Aggregate Demand Curve to the right which is a proof of increasing real Gross Domestic Product (GDP) as well as gradual reduction of unemployment.

8 0

3 years ago

Bob is a manager at a local toyota dealership who has lost five of his employees during the last year. now he has to make a deci

Roman55 [17]

The problem that Bob will most likely face in terms of evaluation and feedback step in the decision making process is when Bob’s gathered information may be neglected when the plan that he has done has been a success or it has been a failure.

3 0

3 years ago