Answer:
The correct answer is letter "E": the government makes collusion illegal with antitrust laws because monopolies reduce economic efficiency.
Explanation:
Antitrust laws regulate competition between companies. To protect consumers from price manipulation and unfair competition by making sure trade remains unrestrained. When businesses conspire to turn competition to their favor, they violate antitrust laws.
Those regulations prohibit business practices such us <em>monopolies </em>since those types of organizations take control over a certain market, making almost impossible the entry of competitors and consumers have fewer choices and higher prices.
Answer:
188,000 units
Explanation:
For computing the equivalent units for material cost, first we have to compute the transferred units which is shown below:
= Beginning finished good inventory units + units started and completed units
= 31,000 units + 130,000 units
= 161,000 units
Now the equivalent units for material costs equal to
= Transferred units × percentage of completion + additional units in process × percentage of completion
= 161,000 units × 100% + 27,000 units ×60%
= 161,000 units + 27,000 units
= 188,000 units
Answer:
Unit product cost= $204
Explanation:
Giving the following information:
Number of units produced 10,700
Variable costs per unit:
Direct materials $108
Direct labor $51
Variable manufacturing overhead $7
Fixed manufacturing overhead $417,300
Under the absorption costing method, the unit product cost is calculated using the direct material, direct labor, and total unitary overhead.
First, we need to calculate the unitary fixed manufacturing overhead
unitary fixed manufacturing overhead = 417,300/10,700= $39 per unit
Unit product cost= 108 + 51 + 7 + 39= $204
The above assertion is true.
True: Efficiency losses are reductions of combined consumer and producer surplus associated with both underproduction and overproduction of a product
<h3>Efficiency losses</h3>
Efficiency losses are reductions of combined consumer and producer surplus associated with both underproduction and overproduction of a product.
In conclusion, we can conclude that the correct answer is True
Learn more about efficiency losses here: brainly.com/question/1569441
