SIDDHARTHA (IPCC)
(STUDENT)
(46 Points)
Replied 24 December 2012
In the case of monopoly, the firm has control over the price of
output. Therefore, it will choose the level of price and output
that maximises profits. Remember that in the situation of perfect
competition, firms could only choose the quantity, since the
control over the price was out of their reach.
Since the monopolists supplies the whole market, it can either
choose the price and let consumers pick the quantity transacted
in the market, or it can choose the quantity and see what price
consumers are willing to pay for that quantity. Either way, we
will get the same outcome.
Link:- https://in3.dem.ist.utl.pt/master/02micro/lecture6.pdf
harish ragav
(student-IPCC)
(407 Points)
Replied 24 December 2012
| Originally posted by : Gaurav Mohnani | ||
 |
A MONOPOLISTIC FIRM CONTROLS BOTH PRICE & OUTPUT OR EITHER PRICE OR OUTPUT ?? I WROTE BOTH, BUT THE PAPER SHOWS EITHER... PLS REPLY |
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PARUL
(12TH)
(86 Points)
Replied 24 December 2012
PARUL
(12TH)
(86 Points)
Replied 24 December 2012
At an auction sale “X” is the highest bidder
for
a flower vase. Auctioneer to purport the
acceptance fall a hammer on the table on
which flowervase was kept and the
flowervase
fallen and broken into several pieces. Now
the
loss fall on _____
a) The Auctioneer
b) Mr. “X” the highest bidder
c) Both Auctioneer and Mr.”X”
d) None of the abov
Gaurav Mohnani
(OWNER)
(536 Points)
Replied 24 December 2012
arre, ICAI ki book mein kya likha hai ??
Aditya Mehta
(Chartered Accountant)
(63 Points)
Replied 25 December 2012
Merry Christmas guys... don't discuss the same question again and again, wait for D-Result Day.. :-)
harish ragav
(student-IPCC)
(407 Points)
Replied 25 December 2012
| Originally posted by : Aditya | ||
|
|
Merry Christmas guys... don't discuss the same question again and again, wait for D-Result Day.. :-) |
|
hii frnd .....this is not a big crime man......pls let to be post doubts untill it is cleared.....
PARUL
(12TH)
(86 Points)
Replied 25 December 2012
harish ragav
(student-IPCC)
(407 Points)
Replied 25 December 2012
| Originally posted by : PARUL | ||
|
|
9. Radhika sent goods worth Rs.1,20,000 on consignment to sarika. 1/8 th of the goods were lost in transit. No claim was received. Sarika sold 2/3 rd of the goods received for Rs.1,00,000. What will be the cost of goods lying with sarika? a) Rs.29,000 b) Rs.35,000 c) Rs.29,167 d) Rs.40,000 |
|
ans b)
PARUL
(12TH)
(86 Points)
Replied 25 December 2012
harish ragav
(student-IPCC)
(407 Points)
Replied 25 December 2012
| Originally posted by : PARUL | ||
|
|
Cost of goods sent is Rs. 1,20,000. Abnormal loss is 1/8 of goods sent. 2/3 of goods were sold for Rs.1,00,000. What is the value of opening stock. (a) 35000 (b) 42000 (c) 60000 (d) None of the above. 46 |
|
ans a
Aditya Mehta
(Chartered Accountant)
(63 Points)
Replied 27 December 2012
| Originally posted by : harish ragav | ||
|
|
Originally posted by : Aditya Merry Christmas guys... don't discuss the same question again and again, wait for D-Result Day.. :-) hii frnd .....this is not a big crime man......pls let to be post doubts untill it is cleared..... |
|
okay.. carry on!
harish ragav
(student-IPCC)
(407 Points)
Replied 27 December 2012
| Originally posted by : Aditya | ||
|
|
Originally posted by : harish ragav Originally posted by : Aditya Merry Christmas guys... don't discuss the same question again and again, wait for D-Result Day.. :-) hii frnd .....this is not a big crime man......pls let to be post doubts untill it is cleared..... okay.. carry on! |
|
sorry don mistake me.........
CAclubindia
