Answer: The correct answer is "c. lower its price."
Explanation: In this type of market, the monopoly company can determine the market price or the amount of production that maximizes its profits, but cannot determine the price or quantity at the same time, because, for example, if the company defines the price of sale, the demand will be the one that indicates the magnitude of the quantity to buy. But if the monopolist determines the quantity, the demand will determine the price at which it wishes to be acquired. In any case, the election of the monopolist is limited by market demand.
The price may go down if the monopolist tries to sell more.
Answer:
c. Treasury stock for the purchase price
Explanation:
At purchase Treasury Stock will be debited by the amount of the purchase
And cash credited by the same amount
Then, when selling this Stock a difference in price betwene the sales price and the purchase price will be adjusted using additional paid-in treasury stock. But this accounts is not used when the purchase is made, neither common stock.
Answer:B. She is entitled to recover the damages if she can show that Roland agreed to pay such damages in his contract with her.
Explanation:
The non payment of the N500 installment by Roland constitute a breach of the sales contract, However an evidence of a commitment to be liable for additional cost that will be incurred will make it possible for Selina to recover the damages.
Answer:
The explicit tax would Curtis incur on interest earned on the Initech, Inc. bond is $7,395
Explanation:
The computation of the explicit tax is shown below:
= (Invested amount × interest rate with similar risk) × marginal tax rate
= ($425,000 × 7.25%) × 24%
= $30,812.50 × 24%
= $7,395
We consider the invested amount, similar risk interest rate, and the marginal tax rate. The paying interest rate would not be considered. Hence, ignore it
Answer:
D. 6
Explanation:
Results from online research its only 6 percent of private businesses move from start-up to success. This shows that a majority of start-ups fail. Failure may occur at any phases of the business.