Answer:
a single firm producing a product for which there are no close substitutes.
Explanation:
A pure monopoly is a single supplier having a market or industry i.e. defined. The firm should be considered as an industry also in this there is no competitor or any subsitution existed. It can be arise at the time when the market share of the one firm is more than 90%
So as per the given situation, the above represent the answer
Answer:
D. is imperfectly competitive, but not all imperfectly competitive markets are monopolistically competitive.
Explanation:
Monopolistic competition may be seen as a variety of competition that determine the characteristics of variety of industries that are familiar to consumers in their day-to-day lives. For instance, restaurants, hair salons, clothing, and consumer electronics are all monopolistic competitive market but not all imperfectly competitive markets are monopolistically competitive.
Answer:
The correct answer is D: $13
Explanation:
Giving the following information:
Cost per Unit Cost per Period:
Direct materials $ 6.20
Direct labor $ 2.80
Variable manufacturing overhead $ 1.45
Fixed manufacturing overhead $ 12,000
Sales commissions $ 1.00
Variable administrative expense $ 0.55
Fixed selling and administrative expense $ 4,000
Price= 25
Contribution margin= Price - variable costs
Variable costs= direct materials + direct labor + variable manufacturing overhead + sales commissions + variable administrative expense
Variavle costs= 6.20 + 2.80 + 1.45 + 1 + 0.55= $12
Contribution margin per unit= 25 - 12= $13
Answer:
c. A cap-and-trade system is considered a command and control regulation
Explanation:
The both are different systems as the cap-and-trade system which permits to trade and is more efficient in most of the markets. Nevertheless, the command and control system is used to laws it is not the most efficient, considering as well that is onerous and expensive for the government.
Answer: Podcast
Explanation: In simple words, podcast refers to a digital audio file that is uploaded on the internet and can be easily downloaded through a computer or mobile device.
A podcast is used for many purposes like for reading of novels or for educational seminars etc. Sometimes companies also use podcast for advertisements or promotional purposes when the target audience is low in volume and mass media mediums are of no use.
Hence from the above we can conclude that the correct option is B.
