Answer:
c. because P > MC, a basic condition for efficiency is violated.
Explanation:
An unregulated monopoly is a market in which monopoly holders have control over goods and services, giving them the ability to do whatever they like. Under unregulated monopoly, having a free market is impossible as price gouging is always evident.
In unregulated monopoly a basic condition for efficiency is violated because price is greater than marginal cost (P > MC).
Where P is the price and MC is the marginal cost of goods.
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Riley like comes from a high-text culture. High-context cultures rely heavily on implicit and heavy context when conducting business. Implicit communication are comments that are hinted to someone or about something but do not directly imply what they are meaning. There is no fun and play in business and business is taken seriously when in an office setting only.
Answer:
$12,300
Explanation:
I will assume that Joseph invested in the fund on July 14, 2013.
We have to calculate the future value to March 15, 2014 (8 months later).
since the interest is compounded semi annually, it will earn interest on January 14, 2014.
Future value = $12,000 x (1 + 2.5%) = $12,300
since the fund is going to earn interests again on July 14, 2014, the value on march 14 is the same = $12,300