Marginal revenue for the perfectly competitive seller is constant and <u>equal to</u> the price, whereas for the monopolist it is not constant and reflects the necessity of <u>lowering </u>the price to sell the output.
A monopoly, as defined with the aid of Irving Fisher, is a market with the "absence of opposition", developing a situation in which a specific person or organization is the only supplier of a particular component. Natural gas, strength companies, and different application businesses are examples of natural monopolies. They exist as monopolies due to the fact the value to go into the enterprise is excessive and new entrants are unable to provide identical offerings at lower fees and in portions comparable to the present company.
A monopoly is when one organization and its product dominate an entire enterprise wherein there is little to no competition and customers need to purchase that particular excellent or service from one organization.
A monopolist is a man or woman, group, or agency that controls the market for a particular desire or provider. A monopolist likely also believes in regulations that prefer monopolies since it offers them extra power. A monopolist has little incentive to improve its product because clients have no options.
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Answer:
D. Accountability
Explanation:
Following the NIMS management characteristics, as an American red cross my activity of checking in follows accountability. Accountability involves check in and out, planning of incident action, command unity, personal responsibility, span of control and resource tracking. Check in and check out involves responders reporting to assigned work appropriately.
Planning incident actions follows the the responders should follow stated plan.
Personal responsibility talks about the actions of the responder.
In command unity, all workers/responders are required to report to one boss or supervisor.
Span of control and resource tracking deals with the number of supervisors or leaders and the allocation and utilization of resources respectively.
Answer:
36%
Explanation:
Calculation for what Staley Co.'s margin of safety ratio (MOS%) if 500 units are sold would be
First step is to calculate the Break even point units using this formula
Break even point units =( Fixed cost / Contribution margin per unit)
Let plug in the formula
Break even point units= ($75,000 / $225)
Break even point units= 320 units
Second step is to calculate the Margin of safety sales in units using this formula
Margin of safety sales in units = Actual sales units - Break even sales units
Let plug in the formula
Margin of safety sales in units = 500 - 320
Margin of safety sales in units= 180
Now let calculate Margin of safety ratio using this formula
Margin of safety ratio = ( margin of safety units / Actual sales units) *100
Let plug in the formula
Margin of safety ratio= (180 / 500 ) *100
Margin of safety ratio= 36%
Therefore Staley Co.'s margin of safety ratio (MOS%) if 500 units are sold would be 36%
Answer:
<u>Balance of payments surplus</u>
Explanation:
Balance of payments refers to a record of a country's trade position during a period.
Three components of Balance of payments are. current account, capital account and the financial account.
In the scenarios wherein a nation's exports exceed the imports, it reveals a surplus. Conversely, if imports exceed exports, it reveals a deficit.
Borrowings by a nation to fund it's deficit is regarded as an inflow in the balance of payments account.
Thus, in the given case,
Balance of payment position for the FY 2015-16 = $20 - $18 + $40 = +$42
Which indicates balance of payments surplus position.
Answer:
I would say NA its better than saying nothing or not saying anything
Explanation:
