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Illusion [34]
3 years ago
9

Monopolies are inefficient compared to perfectly competitive firms because monopolies produce output with average total cost exc

eeding average revenue produce output with average total cost exceeding average revenue A produce more output than is social desirable produce more output than is social desirable B charge a price less than marginal revenue charge a price less than marginal revenue C charge a price greater than marginal cost charge a price greater than marginal cost D charge a price less than average total cost
Business
1 answer:
DanielleElmas [232]3 years ago
7 0

Answer:

C. charge a price greater than marginal cost charge a price greater than marginal cost

Explanation:

  • A monopoly exists when the person or the enterprise is the sole provider of the goods and commodities. The supplies have complete control of the market as they form a single entity.
  • They are thus characterized by a lack of economic competition. Due to they are monopolies they change higher prices on the outputs rather than the average revenue. Hence are called price setters.
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andriy [413]
C- “Erik bought a good book: he read it in one afternoon” has proper punctuation and capitalization.

Explanation: In A, “book, he read it” is wrong. In B and D, they capitalize “He” in “he read it” despite it not being a new sentence. None of these work, leaving C.
8 0
3 years ago
Wu Production Company, which uses activity-based budgeting, is in the process of preparing a manufacturing overhead budget. Whic
creativ13 [48]

Answer:

Option which would likely appear on that budget will be:

Batch level costs: production setup.

Explanation:

Here the company uses activity based budgeting is a management accounting tool which new year budget is only seen by not considering the previous year records.

 Activity based budgeting which  is  a budgeting method in which firstly the overhead costs are being calculated and the the budgets gets created.

Batch-level cost is a cost which is not associated with any given specific individual units but is associated with a group of units.

For example, to set up a production run the cost incurred is associated with the batch of goods that are produced subsequently.

Another example can be be procurement costs. The expenses associated with the procurement costs include the  ordering of direct materials, paying suppliers and receiving goods.

Since all of the expenses are related to the orders placed numbers, they must be allocated not to an individual product but to group of unit.

6 0
3 years ago
What options are available on the Group, Sort, and Total pane? Check all that apply.
svetlana [45]

Answer:

1. adding groups

2. sorting groups

3. adding totals

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Explanation:

The options that are available on the Group, Sort, and Total pane are:

1. adding groups

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3. adding totals

4. previewing the report

Therefore, given that Group, Sort, and Total pane give necessary options to amend the report's grouping fields, sort fields, add totals, and eventually report calculations for the groups when needed.

3 0
3 years ago
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taurus [48]

Answer:

$45 trillion.

<u><em>Explain:</em></u>

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Explanation:

7 0
3 years ago
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What is the advantage of having only one inbox?
Alik [6]
You can receive all emails without switching to other inboxes. its convient and faster
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3 years ago
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