The value of a network goodincreases as the expected number of units sold increases. which of the following is an accurate description of the current antitrust policy for network monopolies?
a. the authorities would issue a complaint if the network monopoly raises the price of the network good.
b. the authorities would issue a complaint against a network monopoly regardless of how the company behaves.
c. the authorities would issue a complaint if the network monopoly undertakes predatory practices to maintain its monopoly position.

Companies under market structures are independent

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:

Milden company has an exclusive franchise to purchase a product from the manufacturer and distribute it on the retail level. as an aid in planning, the company has decided to start using a contribution format income statement. to have data to prepare such a statement, the company has analyzed its expenses and has developed the following cost formulas: cost cost formula cost of good sold $35 per unit sold advertising expense $210,000 per quarter sales commissions 6% of sales shipping expense ? administrative salaries $145,000 per quarter insurance expense $9,000 per quarter depreciation expense $76,000 per quarter management has concluded that shipping expense is a mixed cost, containing both variable and fixed cost elements. units sold and the related shipping expense over the last eight quarters follow: quarter units sold shipping expense year 1: first 10,000 $ 119,000 second 16,000 $ 175,000 third 18,000 $ 190,000 fourth 15,000 $ 164,000 year 2: first 11,000 $ 130,000 second 17,000 $ 185,000 third 20,000 $ 210,000 fourth 13,000 $ 147,000 milden company’s president would like a cost formula derived for shipping expense so that a budgeted contribution format income statement can be prepared for the next quarter. required: 1. using the high-low method, estimate a cost formula for shipping expe