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Author Question: A monopoly's economic profits are represented by: a. (price minus marginal cost) times number of ... (Read 18 times)

misspop

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on: Jul 1, 2018
A monopoly's economic profits are represented by:
 a. (price minus marginal cost) times number of units sold.
  b. (price minus average cost) times number of units sold.
  c. (marginal revenue minus price) times number of units sold.
  d. (marginal cost minus price) times number of units sold.

Question 2

In cost of capital calculations, the flotation cost on new debt is usually ignored because the flotation cost percentage for large debt issues is relatively low.
 a. true
  b. false


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fdliggud

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


misspop

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Reply 2 on: Jul 1, 2018
Excellent

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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