Answer:
The overview of the given scenario is described in the explanation segment below.
Explanation:
The monopoly seems to be the owner and manager of the sole business that operates on either the marketplace (Industry).
The monopolist becomes making an extraordinary income. Balance requirements become MC = MR, MC reductions MR from underneath the.
The breakeven point would be where the expense of Average is equivalent to the value (Average Revenue-AR)
Closing down portion would be when the company is unable to cover the AR Cost i.e.
⇒ AR < AVC.
The normal monopoly would be when it has a large competitive edge over all the future entrants as either a barrier to the entrance of just about any new company, which prohibits any new installment including its company into the sector. It may even be attributable to someone's power over manufactured goods or perhaps the possession of environmental assets.
The limits of monopoly power are given below:
- This power is limited to something like the possibility of competitors.
- If alternatives are present mostly on the market, it's been difficult to retain the monopoly.
- Law facilitates the possibility of monopoly power.
Answer:
Please refer to the attached
Explanation:
Please refer to the attached.
Note that in trial balance Debit side must always be equal to debit side
The increase in US interest rates relative to the British interest rate would cause the Swiss demand for dollars to increase and the dollar will appreciate against the Swiss franc.
<h3>Why would the demand for dollars increase and the dollar appreciate?</h3>
When the interest rates of the US increases relative to that of the Britain, investors would earn a higher rate of return relative to that of Britain. As a result, investors would prefer to invest in the US.
When there is an increase in the demand for the US dollars relative to the Swiss franc, the US dollars would appreciate.
To learn more about interest rates, please check: brainly.com/question/26164549
Answer:
a. $3,520.
Explanation:
The computation of the amount of maintenance cost allocated to the Cutting Department is given below:
= maintenance cost ÷ total floor space excluding maintenance cost
= $20,000 ÷ 6,250 × 1,100
= $3,520.
hence, the option is A.$3,520.
The 6,250 comes from
= 1,100 + 2,100 + 3,050
= 6,250
Answer: Our group will suggest strategy of Contraction of product mix
<u>Explanation:</u>
Our group will suggest a contraction of the product mix strategy. As per this strategy, we can eliminate one or more product lines or product items from the product mix. This will contract our product mix. The products like medical uniforms and women jeans which are having no sale and are not profitable now can be eliminated.
A company can target the customer for those products which are still in the product mix.
