Answer:
See below
Explanation:
Preparation of traditional income statement
Sales $600 × 6,700. $40,20,000
Less variable cost
Answer:
raises;larger;decrease;always.
Explanation:
Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist raises its price, quantity would fall by a larger percentage than the rise in price, causing profit to decrease. Therefore, a monopolist will always produce a quantity at which the demand curve is elastic because he or she will be maximizing profits.
A monopolistic market is a type of market structure that is typically characterized by a single supplier or seller of a particular product without any competition from any other in the market. The features of a monopolistic market are;
- Single seller.
- Profit maximizer.
- Price maker.
- High barriers to entry for others.
- Price discrimination.
- No close substitutes or competition.
It is 4.0 because your question does not make any sence
I think it would be 48,000
Incorporation is the forming of a new corporation. The corporation may be a
nonprofit business, organization, or a government of a new city or town to name a few examples.