Answer:
Actor: Firm, individual, nation, or other participant in the economy. Opportunity Cost: The benefit that would have been received by taking the next best.
Explanation:
Career experiences program coordinator by school includes all above
Answer: Pure monopolists do not always realize economic profits.
Explanation:
Even though Pure Monopolies are the only sellers or makers of a good in a market and can therefore set their own prices, this does not mean that they will always make a profit talk more an economic one.
In the short run for instance, a Pure monopoly could see its average cost higher than its average revenue because some factors of production could not be varied. In this scenario, the monopolist would realize economic losses.
it would be the second option
Answer: b. $106,700
Explanation:
The marketing and administrative expense budget is based on budgeted unit sales, which are 5,500 units for June.
The variable marketing and administrative expense is $1.00 per unit. Which is 5,500 units x $1.00 = $5,500.
The budgeted fixed marketing and administrative expense is $101,200.
To get the cash disbursements for marketing and administrative expenses on the June marketing and administrative expense budget should be Variable costs plus fixed costs.
= $5,500 + $101,200
= $106, 700
