Answer:
If the pure monopoly were forced to produce the allocatively efficient level of output through the imposition of a price ceiling, the price would have to be set at _____.
$200.
Explanation:
a) Data and Calculations:
Output Price Total Cost Marginal Total Marginal
Cost Revenue Revenue
0 $500 $250 $250 $0 $0
1 300 260 10 300 300
2 250 290 30 500 200
3 200 350 60 600 100
4 150 500 150 600 0
5 100 680 180 500 -100
b) The pure monopolist sets a price that is higher than the marginal cost and because of price control (ceiling) the price will not be set above $200.
they can be used to break up monopolies
can i get brainlyist
Answer:
$175,808
Explanation:
P=R (1-(1+i)^-n)/i
Where P=780,000*90%=$702,000
R=?
i=8%
N=5 years
By putting above values in formula, we get
P=R(1-(1+.08)^-5)/.08
702,000=R*3.993
R=702,000/3.993
R=$175,808
Answer:
<h2>How to record a credit sale:</h2>
The General Journal or Sales Journal (a subsidiary journal) if the volume of credit sales is on the high side can be used.
i) Using the General Journal:
Date Description Debit Credit
xxx Accounts Receivable (Marjorie Customer) $$$
Sales Revenue $$$
To record the sale of goods on credit, terms n/30.
ii) Alternatively, the Sales Journal is used:
Date Description Amount
xxx Marjorie Customer $$$
other customers $$$
Total (Accounts Receivable) $$$
Explanation:
The General Journal is an all-purpose journal, which can be used to initiate the recording of business transactions. It shows the accounts to be debited and the ones to be credited in the General Ledger.
The use of a subsidiary journal, e.g. a Sales Journal, helps to summarize the particular type of transaction for a period before the total is posted to the control account in the general ledger and the individual customer accounts in the Subsidiary Ledger.
Answer:
variance 0.163849748
Explanation:
The mean average return will be 0.1088
( (0.165 - 0.1088)² + (-0.116-0.1088)² ) / 2 =
( 0,00315844 + 0,05053504 ) / 2 = 0,02684674
Now, we calcualate the root:
²√0,02684674 = 0.163849748