Cabelaâs provides short-term salary replacement benefits for full-time employees who are unable to work due to a qualifying medical disability. Employees have additional benefits available for long-term disability coverage.
Allocative Inefficiency of a Single-Price Monopoly. 1  The difference between the value of a good and its price is consumer surplus. 2  A single-price monopoly restricts output and charges a higher price, reducing consumer surplus. 3  While the monopoly gets part of this reduction, another part is simply lost.
Equilibrium in perfect competition. Equilibrium in perfect competition is the point where market demands will be equal to market supply. A firm's price will be determined at this point. In the short run, equilibrium will be affected by demand. In the long run, both demand and supply of a product will affect the equilibrium in perfect competition.