Answer:
B
Explanation:
First, a monopoly produce less than the socially efficient quantity because as the figure shows, the quantity produced is determined by the intersection between the marginal cost curve (MC) and the marginal revenue curve (MR) and not by the intersection between the MC and the demand. For instance, there is a deadweight loss (shown by the figure).
Second, equilibrium price is always higher than in a competitive market because is always higher than the MC. The price is determined by the equilibrium quantity (found before) and the demand. Also, there are barries to entry and so monopolist have always price control.
Answer:
Option (e) is correct.
Explanation:
Taxable Income:
= Net income per book - municipal bond interest + deduction for business meals + deduction for a net capital loss + deduction for federal income taxes
= $100,000 - $4,000 + 50% of $5,000 + $5,000 + $22,000
= $125,500
Eliot Corp.'s current earnings and profits (Current E&P) for 2014:
= Taxable Income + municipal bond interest - deduction for federal income taxes - deduction for a net capital loss
= $125,500 + $4,000 - $22,000 - $5,000
= $102,500
Answer:
$1200
Explanation:
Gross Domestic Product (GDP) is the total market value of all of the final goods and services produced in a country over a particular period of time.
The contribution to GDP can be determined by adding the value created by each of the economic agents involved in the creation of the final goods and services
Arthur = 100 = 100
Bob = 300 - 100 = 200
Camille = 700 -300 = 400
Donita = 1200 - 700 = 500
Total Value 100 +200 +400 +500 = $1200.
You will observe that it is the same as the value of the final good i.e dress. In the production process, other goods involved are referred as intermediate goods
This is True that In the United States, inflation reached double-digit rates in the 1970s and early 1980s but has since declined and recently, has been relatively mild.
<h3>What is inflation?</h3>
A general increase in the cost of goods and services is referred to as inflation. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
When prices for goods and services increase rapidly, there is rapid inflation, which reduces the purchasing power of savings. Oil prices, currency speculators, rapacious businesspeople, and avaricious union leaders were held responsible for The Great Inflation.
Numerous businesses were destroyed and countless people were harmed by the Great Inflation and the recession that followed.
Cause for the decline in inflation:
- Reduced government spending,
- Stock market declines,
- Consumer desire to save more money,
- Tighter monetary regulations
When the economy's output expands more quickly than the amount of available credit and money, falling prices can also occur spontaneously
To know more about Inflation refer to: brainly.com/question/15692461
#SPJ4.
Answer:
Over the economic life of the asset.
Explanation:
An asset obtained under a financial lease must be depreciated in the same way as the company would depreciate any other similar fixed asset. E.g. a leased truck should be depreciated similarly to other trucks owned by the company.
In a financial lease, the lessor amortizes the asset's value, while the lessee depreciates the assets as common fixed assets (a lessee doesn't amortize).
