1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
storchak [24]
3 years ago
10

Suppose a perfectly competitive market is suddenly transformed into a monopoly (all competing firms are consolidated into a sing

le entity). We would expect price to _____, output to _____, consumer surplus to _____ and deadweight loss to _____.
Business
1 answer:
Digiron [165]3 years ago
5 0

just you know what it must be that i think

Explanation:

suppose a perfectly competitive market is sufdenly what think so

You might be interested in
The williams family just bought a new van. the cost of the van is $26,857.00. state sales tax is 6% on the cost of the van. in a
KonstantinChe [14]
<span>Solution:
 Total cost of van = market cost of van + 6% sales tax on market cost + document verification fees
 6% sales tax on market cost = market cost x 0.06 = 26857 x 0.06 = 1611.42 Total cost of van = 26857 + 1611.42 + 250 = 28,718.42
 20% of total cost of van = 5843.684
 Remaining amount = Total cost of van - initial financing = 22,974.74 dollars Hence 22,974.74 dollars is the total amount that Williams family is financing.</span>
8 0
3 years ago
Price is constant to the individual firm selling in a purely competitive market because
Ulleksa [173]

Answer:

Option C - each seller supplies a negligible fraction of total supply.

Explanation:

Price is constant to the individual firm selling in a purely competitive market because each seller supplies a negligible fraction of total supply.

3 0
3 years ago
A study published in 2011 by the OECD noted that Group of answer choices the real household income of unskilled workers in the U
slavikrds [6]

Answer:

the gap between the poorest and richest segments of society in some OECD countries had widened.

Explanation:

A study published in 2011 by the Organisation for Economic Co-operation and Development (OECD) noted that the gap between the poorest and richest segments of society in some Organisation for Economic Co-operation and Development (OECD) countries had widened.

8 0
3 years ago
The data dictionary serves as an important data management tool by
riadik2000 [5.3K]
<span>creating an inventory of data contained in the database.</span>
8 0
3 years ago
Wildhorse Co. sells merchandise on account for $2800 to Morton Company with credit terms of 2/8, n/30. Morton Company returns $8
kipiarov [429]

Answer: Cash $1,960

Sales returns and allowances $800

Sales discount $40

Accounts receivable $2,800

Explanation:

Sales = $2,800

Sales returns = $800

Discount rate = 2%

The final amount due will be:

= Sales- Sales returns

= $2,800 - $800

= $2,000

Sales discount = 2% × $2,000 = $40

Cash received will be:

Final amount due - Sales discount

= $2,000 - $40

= $1,960

The journal entry will be:

Debit Cash $1,960

Debit Sales returns and allowances $800

Debit Sales discount $40

Credit Accounts receivable $2,800

5 0
2 years ago
Other questions:
  • 25. Which of the following people will most LIKELY find the highest paying job in the workforce? *
    13·2 answers
  • The country of Dalima has long been a substantial exporter of agricultural goods, reflecting its unusual abundance of arable lan
    5·1 answer
  • Wave Corporation began the current year with a retained earnings balance of $25,000. During the year, the company corrected an e
    7·1 answer
  • You found your dream vacation cottage in the mountains and your offer of $78,000 was accepted. You plan to put 20% down and will
    9·1 answer
  • When Wal-Mart sells a package of diapers, the company captures data on that sale at its point-of-sale terminal and transmits tha
    6·1 answer
  • In the sale of a business, if the requirements of the Uniform Commercial Code are not
    14·1 answer
  • Net income for the year was $29,500. Accounts receivable increased $2,500, and accounts payable increased $5,400. Under the indi
    9·1 answer
  • The production department in a process manufacturing system completed 80,000 units of product and transferred them to finished g
    12·1 answer
  • We are sorry, but we cannot answer your request for confirmation of our account as the PDQ Company uses an accounts payable vouc
    12·1 answer
  • One category of project management software is high-end tools, sometimes referred to as project portfolio management (ppm) or __
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!