Answer:
a. The marginal revenue curve and the demand curve would coincide.
Explanation:
Monopolistic competition can be defined as the market structure which comprises of elements of competitive markets (having many competitors) and monopoly. Under monopolistic competition, organizations
If a monopolist could perfectly price-discriminate (LO1, LO4), the marginal revenue curve and the demand curve would coincide.
The consumer sector is the largest part of the macroeconomy
TRUE
Answer:
it has flexibility in setting prices of its products.
Answer:
The correct answer is GDP.
Explanation:
The GDP is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a given period, usually one year or quarterly.
GDP is used as an object of macroeconomic study. Its calculation falls within the national accounts. For its estimation, several complementary approaches are used. After the relevant adjustment of the results obtained, in a partial way, the submerged economy is included in its calculation.
Answer:
Depreciation Expense
Explanation:
There are two sections consist of debit columns and credit columns in the trial balance. Moreover, the debit and the credit total are always equaled and matched
While the adjusted trial balance is the trial balance that is prepared after recording the adjusting entries
So, the depreciation expense should probably would not be appear as it is to be charged over the remaining life of the fixed asset
