The procedure of transferring journal entries to the ledger accounts is called accounting
The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (<u>q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function </u>(because the demand function relates price and quantity).
<u>The result is 15$ as the picture shows. </u>
Answer:
culture.......
Explanation:
the languages, customs, beliefs, rules, arts, knowledge, and collective identities and memories developed by members of all social groups that make their social environments meaningful.
The powdered iron is magnetic, but the powdered sulfur is not. If they both form a mixture in a beaker at room temperature the iron retains its magnetic properties.
<u>Explanation:</u>
Mixing of iron with sulfur, No chemical reaction occurs. This a type of physical reaction so no changes occur.
The iron retains its magnetic properties. If this mixture is heated for a certain degree celsius.
Then it undergoes a chemical reaction. The iron mixed with the sulfur to form iron sulfide(FeS).
It is referred to as stratification by age or age stratification.It can also be defined as a system of inequalities that have something to do with age.In the west, both the old and the young are seen and treated as incompetent and not included from social life.It is a key source of inequality that may lead to ageism.