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Brums [2.3K]
4 years ago
10

Assume a monopolist with​ downward-sloping demand and marginal revenue​ (MR) curves. The monopolist operates with standard margi

nal cost​ (MC) and average total cost​ (ATC) curves. How does a monopolist determine the​ profit-maximizing output level and the corresponding​ profit-maximizing price?
Business
1 answer:
xxTIMURxx [149]4 years ago
7 0

Answer:

The monopolist's profit maximizing level of output and corresponding profit-maximizing price is found by equating its marginal revenue with its marginal cost, which is the same profit maximizing condition that a perfectly competitive firm utilizes in determining its equilibrium level of output. Therefore, as the price falls, the market's demand for output increases.

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NeNe is an accountant and a U.S. citizen who has accepted a permanent position in Madrid, Spain, for a Spanish financial service
s2008m [1.1K]

Question options:

a) NeNe can exclude all of the housing payment because she worked more than 330 days overseas

b) 16,128

c) 23,872

d) 14,112

e) None of her salary can be excluded from gross income

Answer:

a) NeNe can exclude all of the housing payment because she worked more than 330 days overseas

Explanation:

US citizens working and living abroad would still have to remit taxes to the US, albeit with exclusions.

Under US tax law, IRS states that US citizens may deduct/exclude the value of meal and lodging expenses granted to them by the employer. Under the foreign housing exclusion, Nene qualifies for the benefits of housing exclusion because she has a foreign earned income and has lived at least 330 days within a period of 12 consecutive months in the foreign country.

4 0
3 years ago
Through self-guided internet research, the intellectually curious mind can find many examples of potential rewards in business.
lina2011 [118]

Through self-guided internet research, the intellectually curious mind can find many examples of potential rewards in business. Add two (2) or more examples of Business Rewards to this list:

Business Rewards

A deep sense of satisfaction

Being the one in control

Providing sustainable jobs and income for others

The opportunity to give back / community responsibility

The satisfaction of excellent customer feedback

Financial Rewards

After conducting additional research, what other business rewards can you add here?

Answer:

1. Independence and Flexibility

2. Learning opportunities

Explanation:

The rewards of having a business are tremendous and cannot be overemphasized. Hence, asides from the listed business rewards, here are two additional business rewards

1. Independence and Flexibility: One of the rewards of doing business is the independence that comes with it. As the business grows, a business owner gets to have the independence to work whenever he wishes, and have the flexibility of time to be active in business life and other events outside the business.

2. Learning Opportunities: business activities allows business owners to see and learn how certain aspects of the business is getting done. Even when there are employees to perform those functions, business owners still have the opportunity to see, learn, and understand how those activities are being carried out.

3 0
3 years ago
Which group of a corporation is responsible for running the day to day matters of the corporation?
adelina 88 [10]

Officers are all those individual people or staff who manage the corporation's day-to-day operations.

<h3>What are the responsibilities of corporate officers?</h3>

Officers of a corporate entity are important management executives who oversee the day-to-day operations of the company. They are appointed by and report to the board of directors, and they oversee specific industry functions based on their background and expertise.

<h3>Is indeed an officer the same as a director?</h3>

Everything You Have to Know About Officers vs. Directors When comparing an officer and a director, a director is a person who manages important business affairs, whereas officers oversee daily operations. Officers are also directly involved in the day-to-day management of the business.

To know more about responsibilities of corporate officers visit:

brainly.com/question/17205097

#SPJ4

4 0
2 years ago
Groups such as the Ku Klux Klan have been determined by the Courts to be religious organizations, and as a result an employer mu
NARA [144]

Answer: False

Explanation:

Title VII of the Civil Rights Act of 1964 expressly forbids the discrimination of groups based on race which is what the Ku Klux Klan stands for.

As a result, the employer does not have to accommodate the employee's deeply held beliefs if they will cause a violation of Title VIII in the operations of the company.

4 0
3 years ago
Restore Construction Company enters into a contract to remodel Sam’s Home Store, agreeing to use only products from United Build
BlackZzzverrR [31]

Answer:

Sam’s Home Store can enforce the contract against Restore Construction Company

Explanation:

In contract law, only the parties involved in a contract can take action to enforce the contract. In this case Sam' Home Store signed the contract with Restore, so they can enforce it. Any third party beneficiaries from the contract, like United Building Supplies, are not entitled to enforce anything.

6 0
3 years ago
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