All categories

3 years ago

A pure monopoly will find that marginal revenue _____.

Business

1 answer:

natima [27]3 years ago

5 0

Answer:

the answer is A

Explanation:

marginal revenue is revenue obtained from sale of extra unit of good,please email me on kennedychmb the domain is g mail as i cannot type the fulll address here but thats the ID

You might be interested in

Kylie Co. owns 67% of Jayzee Inc. On their 12/31/2017 pre-consolidation trial balances, Kylie reports $739,972 Liabilities and J

Studentka2010 [4]

Answer:

the amount that should be reported for Liabilities in Kylie's consolidated financial statements is $2,187,382

Explanation:

The computation of the amount that should be reported for Liabilities in Kylie's consolidated financial statements is shown below:

= $793,972 + $1,601,119 - $207,709

= $2,187,382

Hence, the amount that should be reported for Liabilities in Kylie's consolidated financial statements is $2,187,382

The same should be considered

4 0

3 years ago

A company produces very unusual CD's for which the variable cost is $ 17 per CD and the fixed costs are $ 30000. They will sell

Alika [10]

Answer:

Explanation:

Let we assume the number of CD produced be X

So, the total cost would be

C = Fixed cost + variable cost × number of CD produced

= $30,000 + $17X

For total revenue, it would b

R = $63X

For total profit, it would be

P = Selling cost per CD × number of CD produced - variable cost per CD × number of CD produced - fixed cost

= $63X - $17X - $30,000

= $46X - $30,000

For number of CD, it would be

0 = $46X - $30,000

X = $30,000 ÷ $46

= 652 CD for break-even

4 0

3 years ago

Jack explains that he has strong potential in social analytics. He says, "I like to find out what customers want and make sure I

Mila [183]

Explanation:

He is demonstrating credibility in stating that the basis for an effective marketing strategy is to discover customers' wants and needs and be able to meet them.

Social anaylitcs is a tool for collecting data from users of social networks and identifying behaviors and characteristics that can help marketers to interpret data regarding their potential audience, their needs, their interaction, feelings, identify consumption trends, etc. .

This ability helps to identify patterns that can assist an organization to develop personalized marketing strategies and actions aligned with its potential audience to engage, generate more sales, assist in the decision-making process, etc.

8 0

3 years ago

Joanna received $60,000 compensation from her employer, the value of her stock in ABC company appreciated by $5,000 during the y

Aleks [24]

Answer:

The amount of Joanna's gross income from these items is $60,000.

Explanation:

Gross income = $60,000

Only the compensation from her employee should be considered here. Since the stock is not sold, its appreciation has no value.

A life insurance proceeds is a tax-free item, therefore not to be included in gross income.

Therefore, The amount of Joanna's gross income from these items is $60,000.

3 0

3 years ago

On September 1, Walker Company received $30,900 for six months of rent in advance. On September 1, Walker Company credited Rent

erma4kov [3.2K]

Answer:

As per accrual concept of accounting, income is recorded when it is earned and not when cash is received.

An income which is not yet earned i.e services for which are yet to be provided and yet cash is received against it in advance, such an advance receipt represents liability since services are yet to be provided.

The entry passed by Walker Company upon receipt being

Cash A/C Dr. $30,900

Rent Revenue A/C $30,900

(Being six month rent received in advance recorded)

By Dec 31, Walker company has provided services for 3 months out of 6 months which meant half of the rent recorded as income upon receipt above, remained unearned as on Dec 31.

The Adjusting entry as on Dec 31, would be,

Rent Revenue A/C Dr. $ 15,450

To Unearned Rent Income $15,450

(Being unearned rent income recorded)

This amount of $15,450 represents the rent received in advance which relates to three months against which services are yet to be provided i.e due.

7 0

4 years ago