Answer:
The law of diminishing marginal utility says that the marginal utility from each additional unit declines as consumption increases. 1. The marginal utility can decline into negative utility, as it may become entirely unfavorable to consume another unit of any product.
The deadweight loss associated with a monopoly occurs because the monopolist produces an output less than the socially optimal level.
<h3>What is monopoly?</h3>
A monopoly is an economic structure where a specific person or enterprise is the only supplier of a particular good.
The above means that company that exists in a market with little to no competition and can therefore set its own terms and prices when facing consumers, making them highly profitable.
Hence, the deadweight loss associated with a monopoly occurs because the monopolist produces an output less than the socially optimal level.
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Answer:
The financial disadvantage is -$ 197,000
Explanation:
Sales $ 920,000
Variable expenses $ 386,000
Fixed manufacturing expenses $ 368,000
Fixed selling and administrative expenses $ 248,000
wtih Product L07E is eliminated
Unfavorable Fixed Manufacturing Expense = 368,000 - 229,000
= $139000
Unfavorable Fixed Selling and Administrative Expense = 248,000 - 190,000
=$58000
so the final disadvantage of eliminating product L07E = -139000-58000
-$ 197,000
The Daily Scrum is held at the same time and place each day to reduce complexity.
Complexity characterizes the behavior of a system or model where components interact in multiple ways and follow local rules, resulting in nonlinearity, randomness, collective dynamics, hierarchy, and emergence.
The term is generally used to characterize things that have many parts, and those parts interact in various ways, culminating in a higher origin that is greater than the sum of their parts. increase. Investigating these complex interconnections at various scales is a major goal of complex systems theory.
2010 science follows different approaches to characterize complexity. Zayed et al. Reflect many of them. Neil Johnson said, "Even among scientists, there is no clear definition of complexity, and scientific terminology has traditionally been communicated in terms of specific examples.."
The definition of "complexity science" is "phenomena arising from a collection of interacting objects"
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Answer:
mutual agency
Explanation:
Unlimited liability means the liability of partners are unlimited. Liabilities are not limited to the amount of capital contributed by partners.
Ease of formation refers to how easy it is to form the partnership.
Dissolution refers to ending the partnership.
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