As a result of the price ceiling, the monopolist will "produce more than the monopoly level of output ".
The monopolist's profit maximizing level of output is found by likening its marginal revenue with its marginal cost, which is a similar benefit maximizing condition that a splendidly focused firm uses to decide its equilibrium level of output.
Answer:
Explanation:
3. Trade Business ... including any and all business that buy from others companies to sell to the public.
4. Extraction business ... as they extract materials from the earth so that manufacturers can create valuable products for customers.
5. nonprofit corporation ... these corporations are legal entities which do not operate as a business and usually make all of their money through donations and grants to use for the benefit of the public, but can also sell goods and services for money.
6. franchise. ... there are many examples of franchises such as McDonalds, Target, Walmart etc. All of which sell the rights to individuals to operate under the franchises name.
7. retailer ... in other words these are the final stores where customers ultimately purchase the product. This can either be a brick and mortar store or an online shop.
Answer:
Explanation:
Preparation of all journal entries made in 2017 related to the bond issue.)
Jan.1
Dr Cash $618,000
Cr Bonds Payable $618,000
Cr Premium on Bonds Payable. $8,000D
c.3 Interest Expense $59,100
Dr Premium on Bonds Payable $900
($18,000 *$20)
Cr Interest Payable $60,000
($600,000 × 10% = $60,000)
Answer:
$380,800
Explanation:
When an asset is sold, the cost and accumulated depreciation are derecognized from the books. Without the sale of an asset, the depreciation charge for the year would be the only difference between the closing accumulated depreciation from prior year to current year.
Change in accumulated depreciation
= $1253000 - $890000
= $363,000
Accumulated depreciation
= $74900 - $57100
= $17,800
Depreciation
= $363,000 + $17,800
= $380,800
There are a lot of firms. Gallery Furniture is an example of a company that, among other things, has focused on improving the manufacturing frontier of innovation.
<h3>What are the frontiers of innovation?</h3>
Frontiers of Innovation (FOI) is known to be the Center's R&D Platform, that has been set up to boast the creation and adoption of science-based innovations so as to see or get breakthrough impact at a high scale.
A lot of manufacturers often divides “innovation” into three areas such as: product innovation, manufacturing innovation, and business model innovation.
Learn more about frontier of innovation from
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