The monopoly is maximizing its profit but still should decrease output to earn even more profit. A market structure characterized by a single seller selling a market-exclusive product. The seller has no competition in a monopoly market because he is the sole seller of goods with no close substitute.
The Monopoly occurs when one market is the sole provider of phone service in a given area. A cat is the only pet that can be aloof, which is an example of monopoly. A monopoly is a phone company that is the only provider of phone service in a given area.
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Answer:
ARR=15.82%
Explanation:
Joe's Hardware
Cash flow 1,540,000
Average Cash flow =305,000+265,000+(6×230,000)/8
Average Cash flow =305,000+265,000+1,380,000/8
=1,950,000/8
=243,750
ARR= Average Annual Operating Income/ Initial investment
=243,750/1,540,000
ARR=15.82%
Answer:
$47,900
Explanation:
To determine the amount that both partners must report in their individual income tax return we can start with the partnership's book income and start subtracting net capital gains and subtracting dividends.
$100,000 - ($7,000 - $3,000) - $200 = $100,000 - $4,000 - $200 = $95,800
now we divide between the two partners = $95,800 / 2 = $47,900
Answer:
I think the answer is 3 or 5
Explanation:
hope everyone is healthy
Answer:
d. Complements
Explanation:
Compliments or complementary goods are products that are used together. The use of one product is dependent on the availability of the other. Examples of complementary goods are cars and petrol, printers and ink cartridges, and computer hardware and software.
Changes in the price of a complementary product will affect the demand for the other product. If the price of cars decreases, leading to an increase in demand, the demand for petrol will automatically increase. The demand for complimentary products is described as joint demand.
