Answer:
B
Explanation:
First, a monopoly produce less than the socially efficient quantity because as the figure shows, the quantity produced is determined by the intersection between the marginal cost curve (MC) and the marginal revenue curve (MR) and not by the intersection between the MC and the demand. For instance, there is a deadweight loss (shown by the figure).
Second, equilibrium price is always higher than in a competitive market because is always higher than the MC. The price is determined by the equilibrium quantity (found before) and the demand. Also, there are barries to entry and so monopolist have always price control.
Depends on what you are trying to fix
The law firm that Michael Wong and Sanjay Patel started
together is an example of general partnership. The general partnership is a way
where partners have an arrangement of joining together in one business that
will provide them unlimited liability in terms of the obligations in their
partnership.
Answer:
$90
Explanation:
The formula and the computation of the contribution margin per unit are presented below:
Contribution margin per unit = Selling price per unit - variable cost per unit
= $150 - $60
= $90
If we deduct the variable cost per unit from the selling price per unit, then the contribution margin per unit can arrive
We only considered the selling price and the variable cost per unit
James Company is paid $6,000 in dividends from Mark Corp. on its equity investment. James lacks significant influence over Mark Corp. James Company should-----credit dividend revenue
<h2>Dividend Revenue Definition:</h2>
A dividend is defined because the fraction of the earnings of an organization that will be distributed among shareholders. Dividend revenue is that the income the individual shareholders or investors would receive according to the number of shares held.
<h3>Where is dividend in balance sheet?</h3>
When a corporation issues a stock dividend, it distributes additional quantities of stock to existing shareholders consistent with the number of shares they already own. Dividends impact the shareholders' equity section of the company balance sheet—the retained earnings, particularly .
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