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astra-53 [7]
3 years ago
7

For a monopoly, the socially efficient level of output occurs where marginal revenue equals marginal cost. average revenue equal

s marginal cost. marginal revenue equals average total cost. average revenue equals average total cost.
Business
1 answer:
horsena [70]3 years ago
8 0

Answer:

The correct answer is: average revenue equals marginal cost.

Explanation:

In a monopoly, the socially efficient level of output is where the average revenue is equal to marginal cost. At this level, the price paid for the product is equal to the additional cost incurred on the production of that unit of product.

But the monopolist maximizes its profit by producing at the level where the marginal revenue is equal to marginal cost. This output level is less than the socially optimal level and creates a dead weight loss.

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The income statement is prepared from:
yawa3891 [41]

Answer:

The correct answer is letter "B": either the adjusted trial balance or the Income Statement columns of the end-of-period spreadsheet.

Explanation:

The Income Statement is a report that evaluates the financial performance of a company for a given accounting period. The Income Statement shows a company's revenues, expenses, and net profit from both operating and non-operating activities. It lists the company's net sales, cost of sales, selling, administrative expenses, extraordinary items and other income or expenses which helps to reveal the firm's gross profit, operating profit, pre-tax profit, and after-tax profit.

The Adjusted Trial Balance is the result of computing all the accounts from all general ledgers to find out if the frim's debits equal its credits. The income statement can be prepared from this document or the very same Income Statement columns by the end of the period.

8 0
3 years ago
Identify which of the following is not generally a right of common stockholders. Vote at stockholders' meetings Manage operation
zlopas [31]

Answer:

The correct answer is the option: Manage operations.

Explanation:

First of all, <em>stockholders</em> is the name that the individuals or institutions receives due to the fact that they are <em>the ones that legally owns one or more than one share of stock from a company</em>. Secondly, it is understandable that the stockholders have rights in the company because they own a part of it. In addition to that, those rights comprehends a great quantity of functions such as voting power in the meetings; sell their shares; purchase new shares; transer their share; dividends and much more. However, <em>stockholders can not manage the operations of the company</em>, despict the fact that they do can control such operations, but not manage them. <u>It is not in their rights to deliver daily tasks and say what to do every time, in other words, managing</u>.  

3 0
3 years ago
Corrine works in a doctor's office. Sometimes the office is slow with only a few clients. She always finds tasks to keep her bus
Temka [501]
This is an initiative working habit.
5 0
3 years ago
The main reason the New York Federal Reserve Bank President is always on the FOMC is _________.
krek1111 [17]

Answer:

The main reason the New York Federal Reserve Bank President is always on the FOMC is due to the importance of the New York Federal Reserve Bank

Explanation:

The body of the Federal Reserve System responsible for making monetary policy is the Federal Open Market Committee, FOMC

The Fed's monetary policy are executed primarily through the New York Fed and the other Federal Reserve Banks. The New York Fed does this mainly through Permanent Open Market Operations, providing lending facilities, and performing quantitative easing so as to ensure that the Fed unemployment, inflation, and interest rates policy targets are archived

The New York Fed is the primary agent through which the Fed intervenes in foreign exchange markets. The New York Fed also carries out all Fed open market transactions, and therefore is about the most important bank in the FOMC

The New York Federal is also the only one of the Federal Reserve banks that is a member of the Bank of International Settlement, provide gold storage for other foreign central banks and a good number of the largest banks in the United States are located in the New York Federal Reserve district, as

The main reason the New York Federal Reserve Bank President is always on the FOMC is therefore due to its uniqueness and the special responsibilities, functions and capacities of the New York Federal Reserve Bank

5 0
3 years ago
Firms prefer FDI to licensing because FDI_____.
Neko [114]

Answer:

B) provides the firm with direct ownership to its foreign assets

Explanation:

When a multinational enterprise (MNE) is considering investing in foreign country they usually decide to do it through foreign direct investment (FDI). They do this because FDI ensures that the MNE is the direct owner of the assets and can freely decide what to do with them.

5 0
3 years ago
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