<span>For a monopolist, both marginal revenue and demand are downward-sloping curves. Marginal revenue will always be less than demand for a given quantity. This is because a monopolist's demand curve is the same as its average revenue curve, and for a monopolist, both average and marginal revenue will decrease as quantity increases.</span>
Answer:
Permutaion
Explanation:
Permutations deals with ordering or reordering objects that a unique. it deals with arranging the elements of a set of items into and agreed order or rearranging such items in an agreed order, this is called permuting.
Permutation is a tool embraced by mathematicians and all variants of mathematics, as well as many fields of science. it helps in the tasks that deals with sequence, analysis and sorting. the number of permutation of a set on n unique terms is n factorial (n!)
Answer:
Firm B will no longer pollute and firm A will no longer reduce its pollution at all.
Explanation:
It is noticed here that this is used as a form to calculate the pollution production rate of both firms in the case above.
Therefore, firm B will have to sell out its allotted 20 permits, and clean up all of its 50 units of pollution. The price per permit will be above $50 each. Firm A will BUY ALL 20 of B's permits. It will then dump 40 tons into the water, and will clean up its remaining 10. The price it pays for a permit will be under $100.
Answer:
a. Journal entry
b. $18,150
c. $586,850
Explanation:
a. The adjusting journal entry is as follows
Bad debt expense A/c Dr
To Allowance for doubtful debts
(Being bad debt expense is recorded)\
The computation of the bad debt expense is shown below:
= Account receivable × estimated percentage given + debit balance of allowance for uncollectible accounts
= $605,000 × 3% + $4,700
= $18,150 + $4,700
= $22,850
b. The adjusted balance in Allowance for Doubtful Accounts is $18,150
c. The cash realizable value is
= $605,0000 - $18,150
= $586,850
Answer:
10%, 5%, 85%
Explanation:
This is the amount, in thousands, required to get 1%.
, therefore this is 85% (approximated)
, therefore this is 5%, and we'll call this number A
, and this is 10%!