Use the Following Table to Answer Questions 15 - 18

question 36

Multiple Choice

Use the following table to answer questions 15 - 18
Assume the cost of producing the goods is zero

-What is the total profit to the monopolist from selling the goods separately?

• A)$12,000
• B)$13,000
• C)$11,000
• D)$10,000

Comprehend the default purpose clause of a corporation and how corporations may engage in lawful business activities.

Recognize the legal implications of corporate actions in violation of laws and the principle of corporate criminal liability.

Learn about the powers of corporations as outlined by the Model Business Corporation Act.

Understand the measures to protect minority shareholders in close corporations.

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Definitions:

Bartering

The exchange of goods or services between parties without the use of money as a medium of exchange.

Reduces

Involves decreasing the amount, size, cost, or number of something in order to achieve efficiency or effectiveness.