Oracle is a Database application
Answer:
By contrast, because a monopoly is the sole producer in its market, its demand curve is the market demand curve. If the monopolist raises the price of its good, consumers buy less of it. Also, if the monopolist reduces the quantity of output it produces and sells, the price of its output increases.
Explanation:
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Answer:
$320,000
Explanation:
Given that,
Planning to sell hammers = 200,000
Selling price per unit = $8
contribution margin ratio = 20%
At break even, Fixed costs = Contribution margin
Therefore,
Contribution margin ratio:
= (Planning to sell hammers × Selling price per unit) × contribution margin ratio
= (200,000 × $8) × 20%
= $320,000
Thus,
Fixed costs = $320,000
Answer:
for mutual benefits
Explanation:
A joint venture is a business arrangement made between two parties that agree to come together and unite all of their resources in order to accomplish a specific common goal. Joint ventures are usually formed for mutual benefits, both companies involved benefit greatly from reaching the end-goal that they are working towards, but which neither company could do it without the other's resources.
This would be called representative money because the token itself is worth money as well as the commodity <span />
