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Liula [17]
3 years ago
12

If a perfectly competitive firm with constant returns to scale was reorganized as a​ monopoly, its monopoly price would be​ ____

____ the perfectly competitive price and its monopoly output would be​ ________ the perfectly competitive output.
Business
1 answer:
ikadub [295]3 years ago
5 0

Answer:

The correct answers are: greater​ than; less than.

Explanation:

In the perfect competition model, the nature of the scale returns poses serious problems, whatever the case considered. Sise assumes that the returns of scale are increasing, the supply of companies is infinite; if they are constant, the offer is null, infinite or indeterminate (equilibrium case); if they are decreasing, the profit of the companies is strictly positive in the balance '. In the latter case, if they could do so, companies would be interested in dividing themselves, without any limit, into entities as small as possible.

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At the beginning of Year 1, a company reported a balance in common stock of $164,000 and a balance in retained earnings of $64,0
blagie [28]

Answer:

Explanation:

The preparation of the statement of stockholder equity and balance sheet is presented below:

a. Statement of stockholder equity

<u>Particulars            Common stock         Retained earnings      Total stock equity</u>

Beg balance        $150000                   $50,000                      $200,000

Add: Addi shares  $40,000                                                       $40,000

Add: Net income                                    $30,000                     $30,000

Less: dividend                                         -$10000                     -$10000

Total                     $190,000                 $70,000                    $260,000

b. Balance sheet

Assets                          Amount                    

Cash                               $52,600                  

Supplies                         $13,400                

Prepaid rent                   $24,000                    

Land                               $200,000    

Total assets                   $290,000          

Liabilities       Amount

Account payable $9,100

Un-earned revenue $2,400

Salaries payable $3,500

Notes payable      $15,000

 Stockholder equity $260,000

Total liabilities & stockholder equity $290,000

6 0
3 years ago
Do you think it is easier or harder to be ethical in a leadership role?​
love history [14]
Ethically probably harder,
8 0
3 years ago
In 2019, Bonita Industries sold 3000 units at $1000 each. Variable expenses were $700 per unit, and fixed expenses were $780000.
solniwko [45]

Answer:

Bonita’s break-even point in units for 2020 is 812.50 units.

Explanation:

Break-even point in units refers to the number of units of commodity that must sold by a company in order for its cost to be equal to revenue and therefore make no profit but also no loss. This can be determined for Bonita Industries as follows:

Selling price in 2020 = Selling price in 2019 * (100% - Percentage cut in selling price) = $1,000 * (100% - 40%) = $1,000 * 96% = $960

Variable expenses = $700

Fixed expenses = $780,000

Contribution per unit = Selling price in 2020 - Variable expenses = $960 - $700 = $260

Bonita’s break-even point in units for 2020 = Fixed expenses / Contribution per unit = $780,000 / $960 = 812.50 units

Therefore, Bonita’s break-even point in units for 2020 is 812.50 units.

8 0
3 years ago
The government tax for a sole proprietorships and a partnership is classified under
guapka [62]

Answer:

the answer is personal income

7 0
3 years ago
Read 2 more answers
Which one is NOT a competing value:
IgorLugansk [536]

Short Term vs Long Term is NOT a competing value.

<h3>Competing value</h3>

Competing value are range of values and priorities that determine and influence a community's culture.

Examples of Competing value are <em>Justice vs Mercy, Truth vs Loyalty, Person vs Society.</em>

Short Term vs Long Term is NOT a competing value.

Find out more on Competing value at: brainly.com/question/24877850

6 0
2 years ago
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