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bija089 [108]
3 years ago
12

The demand curve for a monopoly is horizontal because the demand is perfectly elastic. upward sloping. vertical because the dema

nd is perfectly inelastic. downward sloping. undefined because it is the only supplier in the market.
Business
1 answer:
timama [110]3 years ago
4 0

Answer:

Downward sloping

Explanation:

According to the law of demand, this law states that there is a inverse relationship between the price of a commodity and the quantity demanded for a commodity. This indicates that as the price of the commodity increases then as a result the quantity demanded for that commodity decreases and as the price of the commodity decreases then as a result the quantity demanded for that commodity increases.

Monopoly refers to the market conditions in which there is only a single firm operating in a whole market.

Hence, due to this inverse relationship between the price and the quantity demanded, the demand curve for a monopoly firm is downward sloping.

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Which statement describes the effect of taxes on a traditional 401(k) retirement account?
worty [1.4K]

Answer:

A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.

Explanation:

A 401 k is a qualified tax-advantaged saving retirement plan. Usually, 401K  plans are employer-sponsored. Employee contributions to the 401 k plans are deducted from the payroll before taxes are calculated. It means the employee contribution is not taxed at the time it's withheld by the employer.

The amounts saved are invested in market securities such as shares and bonds. The tax due from earning from the investment is deferred to the time of withdrawal. The employee is not required to pay taxes on contributions and investments earning every financial year.

3 0
2 years ago
Rida, Inc., a manufacturer in a seasonal industry, is preparing its direct materials budget for the second quarter. It plans pro
Lisa [10]

Answer and Explanation:

The Preparation of direct materials budget for the second quarter is prepared below:-

                                           <u>Rida, Inc., </u>

                             <u> Direct materials budget </u>

                               <u> for the second quarter</u>

<u>Particulars                                             Amount</u>

Units to be produced                             229,000

Material required per unit                      0.6

Material needed for production           137,400

Budgeted Ending Inventory                   63,960

(266,500 units × 0.60 pounds × 40%)

Total material requirements                    201,360

(137,400 + 63,960]

Beginning Inventory                                 (56,500)

materials to be purchased                        144,860

(201,360 - 56,500)

material Price per pound                           $179

Budgeted Cost of Direct

material purchases                                  $25,929,940

(144,860 × $179)

Here we assume 0.60 pounds of a key raw material instead of 613 pounds.

8 0
2 years ago
.If a grower wishes to work in wholesale floriculture, which of the following will prove most broadly helpful when determining w
garik1379 [7]

The correct option for this question is D. A schedule indicating preferred products through the year.

Organizations often foster production schedules before they start their assembling processes. This is significant in light of the fact that it helps organizations:

  • Decide the cost of producing a specific item, including production and work costs.
  • Distribute an adequate number of monetary assets to each phase of production.
  • Guarantee that an item arrives at the buyer market rapidly and proficiently.
  • Decide how long they might expect to finish production and transport their item to merchants.
  • Guarantee the production of the right measure of an asset.

to know more about the asset click here:

brainly.com/question/25746199

#SPJ4

6 0
1 year ago
Yogi expects to produce 1 comma 700 units in January and 2 comma 180 units in February . The company budgets 3 pounds per unit o
algol [13]

Answer and Explanation:

The Preparation of Yogi ​'s direct materials budget for January and February is shown below:-

                                 Direct material budget

                    Two months ended Jan 31 and Feb 28

                                                          January   February

Budgeted units to be produced a     1,700        2,180

Direct material pounds per unit b          3               3

Direct materials needed for

production (c = a × b)                           5,100       6,540

Add: Desired direct material

in ending inventory (pounds) d           3,060      4,300  

                                                     (5,100 × 0.6)

Total direct materials needed             8,160      10,840

(e = c + d)

Less: Direct material beginning in

inventory(pounds) f                               5,200     3,060

Budgeted purchase of direct  

material g = e - f                                     2,960     7,780

Direct material cost per pound h             $15         $15

Budgeted cost of direct material

purchases i = g × h                               $44,400  $116,700

5 0
3 years ago
Paid-in Capital in Excess of Par Valuea. is credited when no-par stock does not have a stated value.b. is reported as part of pa
aleksklad [387]

Answer:

b. is reported as part of paid-in capital on the balance sheet.

Explanation:

the paid-in capital in excess of par value will the differnece between the stock face price and the actual amount received when the stock was issued by the company.

This is reported in the balance sheet as part of the equity. More precisely inside paid-in capital

5 0
3 years ago
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