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elena-14-01-66 [18.8K]
3 years ago
5

Many economists agree that government should deal with monopolists on a case-by-case basis. policy options include the following

, except:
Business
1 answer:
vovangra [49]3 years ago
6 0
I had to look for the options and here is my answer:

Majority of the economists agree that the government should deal with monopolists on a case-by-case basis, policy options are provided but except for the one that IF THE MONOPOLY MAXIMIZES ECONOMIC PROFITS, NEW FIRMS SHOULD BE SUBSIDIZED BY THE GOVERNMENT TO ENTER THE INDUSTRY.
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I got this question on my quiz a few weeks ago and was wondering if anyone could explain the best/correct answer.
Anon25 [30]

Answer:

Easy it's B, this is because the rate at which we earn interest with only 1000$ does not keep up with the maintenance fee.

In B u get $1010 because of the interest after the first year,

In D u get $960 because if u get an annual interest of 2% from $1000 u get a total of $1020 but deduction from maintenance fee is $60 per year, Thus $1020-$60 = $960. Same explaination for the others as well.

4 0
1 year ago
Production and sales estimates for April are as follows: Estimated inventory (units), April 19,000 Desired inventory (units), Ap
telo118 [61]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Production and sales estimates for April are as follows: Estimated inventory (units), April 19,000 Desired inventory (units), April 30 18,000 Expected sales volume (units): Area 3,000 Area 4,750 Area 4,250

Production:

Sales= 12,000

Ending inventory= 18,000

Beginning inventory= (19,000)

Total= 11,000 units

8 0
3 years ago
Last year, Hampton Corporation had sales of $1,855,000. The firm's costs of goods sold amounted to 70% of sales. Hampton also pa
jeka57 [31]

Answer:

Tax Liability = $74,550

Explanation:

Particular                                   Amount

Sales                                             $1,855,000

Less: COGS(70% of sales)           <u>$1,298,500</u>

Gross Profit                                   $556,500

Less: Operating expenses           <u>$225,000</u>

Operating profit                            $331,500

Add: Taxable dividend income    $40,000

Add: Capital gain                           $10,000

Less: Interest Expenses                <u>$26,500</u>

Net Taxable Income                      $355,000

Tax rate = $355,000 * 21%  

Tax Liability = $74,550

Note: 21% is the Tax rate approved by the Tax cuts and Job Acts of 2017.

3 0
3 years ago
The demand for this type of good rises when income falls and falls when
Amiraneli [1.4K]

Answer:

o inferior

Explanation:

The inferior goods shown the inverse relationship between the demand and the income. If the demand of the goods is increased so the income would fall and if the demand of the goods fall so the income would rises

So this represent that the good is an inferior good

Hence, the second option is correct

4 0
2 years ago
Which abbreviation correctly replaces the underlined word? this year the family reunion will be in november in cleveland.
Brums [2.3K]
The answer is:  [A]:  " Nov. "
________________________________________________________
4 0
3 years ago
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