Because of the perceived downward sloping nature of a monopolist’s demand curve, the monopolist will charge a relatively low price at a<u> high level of output.</u>
<h3>What is demand curve?</h3>
Demand curve can be defined as a curve that help to show the relationship between the quantity of a product that is demanded and the price of the product at a specific period of time.
Hence, , the monopolist will charge a relatively low price at a high level of output based on the fact that in a situation where monopolist increases its output, he will tend to get a price.
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Answer: C) on the balance sheet of the lessee with value equal to the present value of future lease payments.
Explanation:
According to IFRS 16 and US GAAP ASC 842 which commenced Jan 1, 2019 and Dec 15, 2018 respectively, Lease payments are to be recognized on the balance sheet of the Lessee at the present value of the future payments on the lease.
The discount rate to be used will be implicitly stated in the lease agreement if both parties were able to determine it.
Answer:
The correct answer is B. False
Explanation:
Sven never agreed to selling his motorcycle at the spot, he only made a statement that should he intends to sell it later, he will not sell it lesser than $2000.
False. They are, in fact, significantly less common.
One of the main issues with placing a high priority on economic efficiency is not that incentives for efficiency can inhibit innovation. Thus, pick the last option among the choices, <u>"</u><u>incentives for efficiency</u><u> can reduce innovation."</u>
Concerns with giving economic efficiency a high emphasis include the possibility of efficient outcomes that are unfair. One of the key issues with giving economic efficiency a high priority is the demand, which should represent ability to pay rather than just marginal benefit or gain. Thus, the first and second options cannot be the correct answer.
One of the main concerns about putting a high priority on economic efficiency is that the efficiency focuses on outcomes, but means also matter, which is why the third option cannot be the answer for this question.
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Which of the following is not one of the main concerns about putting a high priority on economic efficiency?
- efficient results can be unfair.
- demand reflects ability to pay and not solely marginal benefit.
- efficiency focuses on outcomes, but means also matter.
- incentives for efficiency can reduce innovation.
