A profit maximizing monopolist is charging a price of $100 and its constant marginal cost is $45. It invests $1 million to make its production process more efficient, so that marginal cost declines to $35. How should it change its pricing

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.