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Simora [160]
3 years ago
9

The inefficiency associated with monopoly is due to a the monopoly's profits. b the monopoly's losses. c overproduction of the g

ood. d underproduction of the good.
Business
1 answer:
Jlenok [28]3 years ago
3 0

Answer:

The correct answer is letter "D": underproduction of the good.

Explanation:

The Allocative Inefficiency of Monopolies refers to the fact that this type of market could come to a point in which <em>production is lower than demand but the prices are still kept high</em>. This situation opposes perfectly competitive markets where many sellers are offer an average product and there is perfect information about the price of a good.

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A nation's capital stock was valued at $300 billion at the start of the year and $350 billion at the end. Consumption of private
Alekssandra [29.7K]

Answer:

Gross investment will be equal to $175 billion

Explanation:

We have given nation's capital stock at the start = $200 billion

And capital stock at the end = $350 billion

Consumption of private fixed capital in the year = $25 billion

We have to find the gross investment

Gross investment is equal to

Gross investment =  Capital stock at the end of the year + consumption of private fixed capital - Capital stock at the starting of the year

= $350+$25-$200 = $175

So gross investment will be equal to $175 billion

4 0
3 years ago
LO 6.3A company calculated the predetermined overhead based on an estimated overhead of $70,000, and the activity for the cost d
olya-2409 [2.1K]

Answer:

$68,600

Explanation:

An predetermined overhead of $70,000 was estimated for an activity of 2,500 hours. The actual overhead assigned to the products is given by multiplying the fraction of the total 2,500 hours of activity utilized by the products by the predetermined overhead:

A = \frac{1,350+1,100}{2,500}*\$70,000\\ A = \$68,600

The total amount of overhead assigned to the products is $68,600.

8 0
3 years ago
Jill Green has w-2 wages of $165,000. Her employer withheld medicare taxes at 1.45% of her W-2 amount. Her husband, Bill Green,
Xelga [282]

Answer:

Jill Green and Bill Green

The additional high wage surtax for the joint filers is

$108.

Explanation:

Medicare tax rate = 1.45%

Surtax rate = 0.9%

Jill Green's w-2 wages =   $165,000

Bill Green's w-2 wages =      97,000

W-2 wages for couple =  $262,000

Threshold for joint filers = 250,000

Excess w-2 wages =          $12,000

Additional high wage surtax = $12,000 * 0.9% = $108

b) Jill and Bill Green, who are filing jointly, are expected to pay an additional Medicare tax of 0.9% on their W-2 income in excess of $250,000.  The Additional Medicare Tax (AMT) on Wages is imposed on employees only.  Employers match the regular Medicare tax of 1.45%.  Medicare wages are reported on Form W-2 and are usually based on an employee's total wages for the year less certain benefit deductions, such as medical and dental insurance premiums, health savings accounts, and contributions to dependent care flexible spending arrangements.

3 0
3 years ago
According to the Social Technographics Profile, _____________ are those online consumers who develop their own social media outl
Setler79 [48]

The correct answers are "Creators" and "Collectors."

According to the Social Technographics Profile, <u>Creators </u>are those online consumers who develop their own social media outlets, whereas<u> Collectors</u> are consumers who gather and organize social media content generated by others.

The Social Technographics Profile classifies the user of social media according to the way this user interacts with the many resources social technology is offering today. This classification helps to see the role they play in social media and can help digital marketers to make decisions about advertising in sites, blogs, or video channels.

Creators are people that like to generate their own social content in different ways such as blogs, personal sites, and news in video channels. Collectors are people that select the content they like or serve for their own purposes. There is another group called the Critics that like to comment or criticize what appears in social media.

5 0
3 years ago
Below are several scenarios related to control activities of a company. Required: a. For each scenario, determine which control
Sveta_85 [38]

Answer:

b. Control activities include separation of duties, physical controls, proper authorization, employee management, reconciliations, and performance reviews.

Explanation:

  • The control activity is those that have a policy, procedures, and techniques, and mechanisms and can helps ensure that management is responsible to reduce the risks and can be identified at the of the risk assessments.
  • They are those activities that are taken to minimize outcomes of the risks through the preventive checks and defective controls and performance reviews.
5 0
3 years ago
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