Answer:<u><em>If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. </em></u>
Explanation:
If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. In the case of higher MR , the maximum profit will come about at the level of where MR is equal to the MC. So in this case to increase the profit, MR i,e, also the price can be lower to the level of MC to sell more commodity and earn higher profits.
B.
A is referring to trade in goods. C is the value of services but GDP refers to BOTH services and goods. D is referring to investments, but neglects the income retrieved from the production of goods and provision of services.
Answer:
The accrued interest receivable is $2000
Explanation:
Accrued interest receivable refers to interest earned by a company but has not received in cash. This happens when the cash to be paid as interest falls outside an accounting period. Accrued interest receivable is an asset account on the investor's books and a current liability on the issuer's books.
Since the accrued interest is to be between December 1 and December 31, the time period is 1 month = 1/12 years.
loan percent = 12% = 0.12
loan amount = $200000
The accrued interest receivable = Time period × loan percent × loan amount = (1/12) × 0.12 × 200000 = $2000
The accrued interest receivable is $2000
