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Author Question: A monopoly's economic profits are represented by: a. (price minus marginal cost) times number of ... (Read 108 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
Thanks for the timely response, appreciate it

irishcancer18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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