By definition, _______________ occurs when quantity supplied is greater than quantity demanded

In the two-period dynamic monopoly, if the monopolist succeeds in selling a sufficiently high quantity in the first period,A)the

Anton [14]

Answer:

D)the second-period demand curve will shift substantially to the right.

Explanation:

If monopolist succeeds in selling a sufficiently high quantity in the first period, then in the second period it will further increase and will shift the demand curve to right hand.

3 0

4 years ago

An item owned by a house hold or business that has a monetary value

xenn [34]

Its an asset of the household or business.

4 0

3 years ago

Read 2 more answers

For what minimum period of time after the closing of any customer's account must a broker/dealer preserve account cards or recor

blondinia [14]

Answer:

The answer options are:

A. 90 days

B. 1 year

C. 4 years

D. 6 years

Explanation:

FINRA Rules prescribe that broker/dealers preserve for a period of not less than 6 years after the closing of any customer's account, any account cards or records which related to the terms and conditions with respect to the opening and maintenance of the account.

4 0

3 years ago

Consider a service company that provides carpet cleaning and uses straight-line depreciation. Classify the cost of the depreciat

madreJ [45]

Answer: Fixed Indirect costs.

Explanation:

Depreciation cost is the amount of a fixed asset that has been charged to expense through a periodic depreciation charge. Depreciation can either be a direct cost which is one that varies in concert with changes in a related activity while

an indirect cost is one that is not directly associated with an activity.

The determination of depreciation as a direct or indirect cost depends upon what it is associated with. For example carpet cleaning is an Indirect costs because it's precise benefits to a specific project is difficult or impossible to trace Also,since depreciation is a fixed cost, because it recurs in the same amount per period throughout the useful life of an asset then cost of the depreciation on the carpet cleaning is a Fixed Indirect Cost.

8 0

3 years ago

Henkes Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of

kolezko [41]

Answer:

Predetermined Overhead rate is $28.7 per unit

Explanation:

Estimated Manufacturing overhead = Estimated variable manufacturing overhead + estimated total fixed manufacturing overhead

Estimated Manufacturing overhead = ( 80,000 x $10.70 ) + $1,440,000

Estimated Manufacturing overhead = $856,000 + $1,440,000

Estimated Manufacturing overhead = $2,296,000

Estimated Labor hours = 80,000 hours

Predetermined Overhead rate = Estimated Manufacturing overhead / Estimated Labor hours

Predetermined Overhead rate = 2,296,000 / 80,000

Predetermined Overhead rate = $28.7 per unit

5 0

4 years ago