BUSINESS HIGH SCHOOL

A monopolist will find that its marginal revenue curve Grupo de opciones de respuesta Lies below its demand curve and has the same slope as its demand curve. Lies above its demand curve and is flatter than its demand curve. Is the same as its demand curve. Lies below its demand curve and is steeper than its demand curve.

Answers

Answer 1
Answer:

Answer:

Lies below its demand curve and is steeper than its demand curve.

Explanation:

The marginal revenue curve for a monopolist lies below the demand curve because of the quantity effect. The quantity effect refers to the fact that even a monopolist must lower its price if it wants to sell a larger quantity of goods or services.

The slope of the marginal revenue curve is steeper than the demand curve because it reflects the market power of the monopolist. Instead, the marginal revenue curve for a perfectly competitive firm (with 0 market power) is horizontal or perfectly elastic.

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What is any factor that makes it difficult for a new firm to enter a market referred to as?a. a sustainable cost
b. a commodity
c. a barrier to entry
d. perfect competition

Answers

A barrier to entry is any factor that makes it difficult for a new firm to enter a market. 

Answer:

c. a barrier to entry.

A company had net income of $259440. Depreciation expense is $23920. During the year, accounts receivable and inventory increased $13800 and $36800, respectively. Prepaid expenses and accounts payable decreased $1840 and $12880, respectively. There was also a loss on the sale of equipment of $15640. How much cash was provided by operating activities

Answers

Answer:

Net cash flow from operating activities $237,360

Explanation:

The computation of the cash was provided by operating activities

Net income $259,440

Add: depreciation expense $23,920

Less: Increase in account receivable -$13,800

Less: increase in inventory -$36,800

Add: Decrease in prepaid expense $1,840

Less: decrease in account payable -$12,880

Add: loss on sale of equipment -$15,640

Net cash flow from operating activities $237,360

Amount Financed (m) = $500 Number of Payments per year (y) = 12 Number of Payments (n) = 12 APR (I) = 17% c = $

Answers

Hi there!

The answer to your problem is c = $46.04

Your friend, ASIAX

The money left over after all of the business costs are subtracted is called the __________.A.
Gross profit
B.
Net profit
C.
Revenue
D.
Loss

Answers

the awnser is B.Net profit

Tonya consumes 40 steaks a year when her yearly income is $40,000. After her income falls to $35,000 a year, she consumes only 35 steaks a year. Calculate her income elasticity of demand for steaks.

Answers

Answer:

1

Explanation:

Tonya consumes 40 steaks a year when her monthly income was $40,000

After her income drops to $35,000 she consumes 35 steaks

The first step is the calculate the percentage change in the quantity of steaks demanded

= 40-35/40 × 100

= 5/40 ×100

= 0.125 ×100

= 12.5

The percentage change in income can be calculated as follows

= $40,000-$35,000/$40,000 × 100

= $5,000/$40,000 × 100

= 0.125 × 100

= 12.5

Therefore the income elasticity of demand for steaks can be calculated as follows

= 0.125/0.125

= 1

Hence the income elasticity for the demand of steaks is 1

Last month unemployment fell to 4 percent, its lowest level in years. The economy is growing rapidly, but consumer prices have risen at an annual rate of 10 percent during the last six months. Which of the following policies would be most appropriate under these circumstances?A reduction in taxes.An increase in taxes.An increase in both government spending and taxes.An increase in government spending.

Answers

Answer:

An increase in taxes.

Explanation:

A rise in the prices is indications that the inflation rate is high.  Policymakers should intervene by introducing contractionary measures that will counter the rising inflation. Fiscal policy measures, such as increasing taxes, reduce inflationary pressures without the risk of causing a recession.

Increase taxes reduces the purchasing power of businesses and individuals, thereby reducing the aggregate demand.  A reduction in aggregated demand lowers production levels, which results in low inflation but increases the unemployment rate.
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