<u>The only relevant difference between the </u><u>curves </u><u>for a </u><u>monopoly</u><u> and the equivalent ones for a firm in a competitive market is that </u><u>marginal</u><u> and </u><u>average revenue slope</u><u> downward for the </u><u>monopolist.</u>
What type of curve does a monopoly have?
- A monopoly encounters a downward-sloping market demand curve in Panel (b).
- It chooses its profit-maximizing output in its capacity as a profit maximizer.
- However, after determining that quantity, it uses the demand curve to determine the price at which it can sell that output.
What is a difference between a monopoly and perfect competition ?
While in monopolistic competition, businesses produce slightly different goods, in perfect competition, businesses produce identical goods.
How does a demand curve for a monopoly differ from a demand curve for a perfectly competitive firm?
Because the monopolist is the sole company operating in the market, its demand curve is identical to the market demand curve, which is downward-sloping as opposed to the demand curve for a perfectly competitive firm.
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Answer:
Showme will increase net income by 15000.
Explanation:
The cash basis is a method of recording accounting transactions for revenue and expenses only when the corresponding cash is received or payments are made. Thus, you record revenue only when a customer pays for a billed product or service, and you record a payable only when it is paid by the company
Showme
Cash basis bussines
Services 15000
It seems fine to me at the part where it says when you work if you are going to abbreviate days then abbreviate them all and that's pretty much all I have to say
Answer:
Features
Explanation:
Product features are the things <em>that will provide benefits</em> to the customer. A low price provides the benefit of saving money. Great gas mileage is a feature that provides the benefit of longer times before stopping for gas, helping the planet, and saving money.
Another example: fast internet speeds are a <em>feature </em>with the <em>benefit </em>that you can look up information that you need quickly and easily.
Answer:
The total market value of final goods and services produced in an economy in some time period.
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products