Asmall monopoly manufacturer of widgets has a constant marginal cost of $20. the demand for this firm's widgets is q = 115 - 1p. given the above information, calculate the social cost of this firm's monopoly power. the social cost is $ (round answer to the nearest penny)
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Business, 21.06.2019 14:30
The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure
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Business, 22.06.2019 15:00
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
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Business, 22.06.2019 19:00
The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
Answers: 3
Business, 22.06.2019 23:40
Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u.s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.
Answers: 1
Asmall monopoly manufacturer of widgets has a constant marginal cost of $20. the demand for this fir...
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