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gladu [14]
4 years ago
6

A pure monopolist should never produce in the _________.a. elastic segment of its demand curve because it can increase total rev

enue and reduce total cost by lowering price. b. inelastic segment of its demand curve because it can increase total revenue and reduce total cost by increasing price. c. inelastic segment of its demand curve because it can always increase total revenue by more than it increases total cost by reducing price. d. segment of its demand curve where the price elasticity coefficient is greater than one.
Business
1 answer:
Paladinen [302]4 years ago
5 0

Answer: The correct answer is "b. inelastic segment of its demand curve because it can increase total revenue and reduce total cost by increasing price.

Explanation: A pure monopolist should never produce in the <u>inelastic segment of its demand curve because it can increase total revenue and reduce total cost by increasing price.</u>

It would be uneconomical for a pure monopolist to produce in the inelastic segment of its demand curve because it would not be increasing its profits, because if it increases the price it can reduce the total cost and increase total revenues.

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Skyline Corp has a selling price of $25 per unit, variable costs of $20 per unit, and fixed costs of $25,000. What sales revenue
ser-zykov [4K]

Answer:

$125,000

Explanation:

Breakeven is the point where sales is equal to cost. As such, it is the point where a business neither makes a net profit nor a net loss.

Let the number of units sold to breakeven be Y

25Y = 20Y + 25000

25Y - 20Y = 25000

5Y = 25000

Y = 5000 units.

Sales revenue needed to break even

= 5000 × $25

= $125,000

8 0
4 years ago
Which of the following does not correctly describe an adjusting journal entry that debits interest expense and credits interest
Veseljchak [2.6K]

Answer:

The entry decreases assets and decreases stockholders' equity. T

Explanation:

The adjusting entry of interest expense would impact the expenses account, automatically the income statement also.  

Moreover, it also impacts the stockholder equity but it does not impact the asset account. Rest item which is mentioned in the question except the corrected option would be affected.  

Interest expense is an expense that decreases the net income of the business organization and at the same time it shows the interest payable on the liabilities side.

8 0
3 years ago
In risk management, what does risk control include?
dimaraw [331]

Answer:

What are the three basic categories of control? Educational/awareness, physical, supervision 5. How do you implement controls? Ensure controls are communicated to those involved in the activity.

8 0
3 years ago
As a junior congress person you have been asked to help promote a bill to allow casino gambling in your state. There is much opp
MariettaO [177]

Explanation:

I would promote the establishment of the Casino Gambling Bar in my state and plan my arguments for discussion on the following items:

Casino deserves to play in the State:

More collection of revenue in the form of tax for the administration.

Tourist inflows on weekends, which lead to additional state revenues.

Boost in other businesses, such as casinos, pubs, car parks, gas sales, beer sales and expanded road tax collection.

Improved prospects for jobs.

The increased income selection will create a tourist attraction for the state residents, such as the ocean or a lake.

The demerits I can list and probably face during the argument are:

Concerns of law and order: Night operations are improved and provisions for the Casino Licensing are complied with.

It can increase drug trafficking. Education shall be taken by the police and other law enforcement agencies.

Drug addicts can harm the state: police take care. drug addicts.

Nightlife can be achieved for neighboring residents. Credit shall be taken on night patrols.

Can increase the number of road accidents caused by drunk driving.

Case that Casino Gambling is not new to America. Any real and concrete ties to ill effects such as opined use, drug trafficking and other ill effects are only attributed to a gaming casino.

If all the negative effects expected or perceived by the law enforcement agency are tracked, all the negative effects may be entirely eradicated and savings can be gained from increased revenues by the state.

Discussions with all state machinery must be held before the property is transferred to the casino and the police office can also provide its guidance during this time.

5 0
3 years ago
How much must be deposited at the beginning of each year to accumulate to $10,000 in four years if interest is at 9%
aliina [53]

Answer:

Annual deposit= $2,186.69

Explanation:

Giving the following information:

Future value= $10,000

Number of peridos= 4 years

Interest rate= 9% compounded annually

<u>To calculate the annual deposit required, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (10,000*0.09) / [(1.09^4) - 1]

A= $2,186.69

8 0
4 years ago
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