Answer:
raises;larger;decrease;always.
Explanation:
Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist raises its price, quantity would fall by a larger percentage than the rise in price, causing profit to decrease. Therefore, a monopolist will always produce a quantity at which the demand curve is elastic because he or she will be maximizing profits.
A monopolistic market is a type of market structure that is typically characterized by a single supplier or seller of a particular product without any competition from any other in the market. The features of a monopolistic market are;
- Single seller.
- Profit maximizer.
- Price maker.
- High barriers to entry for others.
- Price discrimination.
- No close substitutes or competition.
Answer:
1. are called real accounts
Explanation:
Balance sheet accounts are the real account and these accounts do not close and balances of these accounts accumulated and carried forward to next accounting period. These balance represents the net accumulated values of all the past years. These accounts are also affected by the all the adjustments. Every transaction ultimately effect any of the balance sheet account.
Answer:
Samantha should use the standard deduction.
Explanation:
Samantha's total itemized deductions include:
- donations to church and other charities $2,150
- medical and dental expenses (exceeding 10%) $1,270
- State income tax $960
- Job related expenses (exceeding 2%) $1,485
- total $5,865
Samantha's standard deduction = $6,350, since it is higher than her itemized deductions, then she should use the standard deduction.
An investment can be called a safe Investment when it gains slowly over time. Thus, option A is the correct statement.
<h3>What do you mean by Investment?</h3>
Investment is the determination of an asset to gain a boom in price over a duration of time.
Investment calls for a sacrifice of a few assets, consisting of time, money, or effort. In finance, the cause of making an investment is to generate a return from the invested asset.
Thus, option A is the correct statement.
Learn more about Investment here:
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Answer:
The definition of fixed expenses is “any expense that does not change from period to period," such as mortgage or rent payments, utility bills, and loan payments. The amounts may vary slightly, which may be the case with utilities, but you know they are due on a regular basis.
Hope this helps, have a wonderful day/night, and stay safe!
