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Galina-37 [17]
3 years ago
10

s there any way for a monopoly to operate more efficiently than a competitive market? Why or how? Yes: the government can regula

te prices. No: the equilibrium point in a competitive market is the point of optimal market efficiency. Yes: if the marginal revenue curve lies above the demand curve. No: a monopoly doesn’t have to operate under the law of supply and demand.
Business
1 answer:
vesna_86 [32]3 years ago
8 0

Answer:

No: the equilibrium point in a competitive market is the point of optimal market efficiency.

Explanation:

NO, the monopoly can never be more efficient than the perfectly competitive market because the competitive market is the point of optimal market efficiency and the monopoly will produce at the point where the MR and the MC are equal. here the market have excess capacity and a dead weight loss.

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6 0
3 years ago
As a result of hurricane charley, the green mountain lumber co. decides to charge all home depots in florida $25 per sheet of pl
Darina [25.2K]

I guess the correct answer is price discrimination, Robinson-Patman Act

As a result of Hurricane Charley, the Green Mountain Lumber Co. decides to charge all Home Depots in Florida $25 per sheet of plywood while all Home Depots outside of Florida pay only $10 per sheet of plywood. The Green Mountain Lumber Co. can be charged with price discrimination, which is illegal under the Robinson-Patman Act.

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4 0
3 years ago
Ophelia Inc. just learned that Patton Inc., one of its customers with an outstanding accounts receivable balance, filed for bank
wlad13 [49]

Answer:

Ophelia Inc.

Assuming that the company utilizes the allowance method, Ophelia should record a(n):

decrease in Accounts Receivable

Explanation:

This means that the accounts receivable will be credited while the allowance for doubtful accounts is debited to record the decreased value.  The Patton Inc. account may not be recovered fully.  However, the amount of the decrease depends on the amount that can be recovered from Patton.  Thereupon, the accounts receivable will first be credited with the cash recovered with the corresponding debit entry in the Cash account.

4 0
3 years ago
Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off
zloy xaker [14]

Answer and Explanation:

The Journal entry is shown below:-

Bad debts expense Dr, $2,000

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(Being write off is recorded)

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7 0
3 years ago
( Help please suck on this question !! )
nalin [4]

Answer:A

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