From the information provided, A single-price monopolist earns a total profit of $80 when it produces and sells 20 units of its good. See the attached for more information.
<h3>How do we arrive at $80?</h3>
Total profit = revenue - cost
Revenue = price x number of units sold
Revenue at 20 units =
20 x9 = $180
Given that Total cost at 20 units is $100, thus,
Total Profit = 180 - 100
= $80.
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The accurate statement about the Securities and Exchange Commission is:
- <u>C. It is an independent agency that regulates finance</u>
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The Securities and Exchange Commission is a government agency that is in charge with protecting the financial interests of the country and making sure that the economy is stable.
Some of the common misconceptions about the SEC are that:
- They can convict people of crimes without a trial
- They are a part of the government’s cabinet department.
- It is associated with the legislative branch.
However, these are all wrong because their activities are totally independent and they regulate finance.
Therefore, the correct answer is option C
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The similarities / characteristics the two cars share
Answer:
The cave painting on the image is representing the animals, or rather the environment that was seen by the artists of the painting in their surroundings. We can see that there are wild horses depicted on it, but also a rhino. The wild horses were probably a prey animal, while the rhino was a respected animal and feared one, thus they were avoiding it. The artists that painted it were the Cro-Magnons, early Homo-sapiens in Europe, in what is now France. The reason why it was painted is probably because the artist wanted to depict the environment, but also maybe for teaching the youngsters about the animals from early age, so that they know which ones are to be hunted, and which ones to be avoided.
