1. the deadweight loss due to monopoly: a. exists because the monopoly restricts output. b. would still exist in a competitive market. c. is equal to monopoly profit. d. represents a benefit to society. 2. which of the following is not a true statement? a. in a competitive market, p = mc at the efficient output. b. in a monopoly market, p = mr at the monopoly output. c. in a monopoly market, p > mc at the monopoly output. d. if p = mc, there is no deadweight loss.

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?

What is the relationship among market segmentation, target markts, and consumer profiles?