A monopoly exists when _____ provides a good or service.
1 answer:
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Answer:
The correct answer is "$21490".
Explanation:
The given expenditures are:
January:
= $205000
September:
= $306000
December:
= $306000
Now,
January average will be:
=
= ($)
September average will be:
=
=
December average will be:
=
=
The total average will be:
=
= ($)
Hence,
The Interest capitalized for year 2021 will be:
=
On substituting the estimated values, we get
=
= ($)