The Following Question Are Based on the Following Diagram of a Monopolist

question 49

Multiple Choice

The following question are based on the following diagram of a monopolist:

-If a perfectly competitive,constant-cost industry is monopolized,the market supply curve becomes the monopolist's ________ curve.

• A) demand
• B) marginal cost
• C) average cost
• D) marginal revenue
• E) total revenue

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Definitions:

Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.

Degree Of Influence

In accounting, it refers to the level of control or impact one entity has over the operating policies of another, potentially through investment or ownership interest.

Strategic Investment

Investments made with a long-term perspective in mind, focusing on achieving broader business objectives rather than immediate financial gain.

Other Comprehensive Income

Other comprehensive income includes revenues, expenses, gains, and losses that are not included in net income and are reported in the equity section of the balance sheet.