Answer:
B
Explanation:
First, a monopoly produce less than the socially efficient quantity because as the figure shows, the quantity produced is determined by the intersection between the marginal cost curve (MC) and the marginal revenue curve (MR) and not by the intersection between the MC and the demand. For instance, there is a deadweight loss (shown by the figure).
Second, equilibrium price is always higher than in a competitive market because is always higher than the MC. The price is determined by the equilibrium quantity (found before) and the demand. Also, there are barries to entry and so monopolist have always price control.
The best course of action is to remove the reponses that were not intended for the site. I would also reach out to those who posted the inappropriate remarks and give them a warning regarding the comments. If they make those comments again or anything of inappropriate nature, they will be terminated.
Dr Retained Earnings $5400
Cr Common Dividends Payable $5400
is the journal entry.
<h3>What is
outstanding share?</h3>
Share outstanding concerns to the company's current stock, which is occurred by the all of its shareholder. including fund managers' share blocks and restrictive investments made by the company's officials and personnel.
On a any company's balance sheet, Capital Stock is the main heading in which outstanding shares are listed.
Thus, the journal entry has passed above.
For more details about outstanding share, click here:
brainly.com/question/18568835
#SPJ1
Answer:
Please see explanation below.
Explanation:
The next step is to conduct a secret ballot election which will be supervised by National Labor Relations Board (NLRB) as might be required by the employer-Champlain products inorder to obtain voluntary support from the employees that the union wants to represent. The reason being that the management might decided not to recognize the card checks practise on the basis that a union without a secret ballot election is not reliable hence employees that signed the card might have been intimidated or coerced by the union to do so.
Where the management refuses to recognize the card check that was signed by at least 41% of the employees it wants to represent, management would then request for secret ballot election where employees would be able to vote confidentially without coercion or undue influence from the union or co-workers.
<span>Thee factors that are often cited for higher product prices due to American product marketing systems include high cots of advertising and promotion by the manufacturer, the high cost of distributing those products and the excessive markups placed by retailers.</span>
