Business, 23.07.2020 03:01 angemango3423
If marginal cost is constant, what happens to a market if it alters from perfect competition to monopoly without any change in the position of the market demand curve or any variation in costs? Select one: a. Consumer surplus increases, producer surplus decreases and a deadweight loss is created. b. Consumer surplus decreases, producer surplus decreases and a deadweight loss is created. c. Consumer surplus increases, producer surplus increases and a deadweight loss is created. d. Consumer surplus decreases, producer surplus increases and a deadweight loss is created.
Answers: 1
Business, 21.06.2019 15:30
Historically, 12 percent of a mail-order firm's repeat charge-account customers have an incorrect current address in the firm's computer database. the number of customers out of 19 who have an incorrect address in the database is a binomial random variable with n = 19 and 2formula36.mml = 0.12.
Answers: 2
Business, 22.06.2019 21:00
After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years.your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.
Answers: 3
Business, 22.06.2019 21:00
Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $
Answers: 1
If marginal cost is constant, what happens to a market if it alters from perfect competition to mono...
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