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Sidana [21]
2 years ago
9

A monopolist maximizes profits by a. producing an output level where marginal revenue equals marginal cost. b. charging a price

that is greater than marginal revenue. c. earning a profit of (P - MC) x Q. d. Both a and b are correct.
Business
1 answer:
maxonik [38]2 years ago
5 0

A monopolist maximizes profits by <u>a. producing an output level</u> where marginal revenue equals marginal cost.

<h3>Who is a monopolist?</h3>

The monopolist is characterized by the following:

  • Market dominance and control
  • Lack of competition
  • Lack of substitute goods or services
  • Sets prices.

Thus, a monopolist maximizes profits by <u>a. producing an output level</u> where marginal revenue equals marginal cost.

Learn more about monopolies at brainly.com/question/7217942

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Trumbrella Corp. is a pharmaceutical company. One of its employees reports that he has suffered an on-the-job injury caused by t
ZanzabumX [31]

In pharmaceutical organization, one of its employees, claims that he was injured on the job due to the slick factory floor, and his backbone damage. When Trumbrella begins processing claims, it must first determine whether the accident occurred.

<h3>What is pharmaceutical organization?</h3>

The pharmaceutical industry develops, manufactures, and distributes pharmaceuticals drugs for use as medications to be provided to patients in order to vaccinate, cure, or relieve symptoms.

Pharmaceutical companies may sell generic and brand-name drugs, as well as medical gadgets.

Pharmaceutical company Trumbrella Corporation. One of its employees alleges he was wounded on the job and suffered backbone injury as a result of the slick factory floor.

Therefore, trumbrella must first determine whether an accident occurred before it can begin processing claims.

Therefore, option A is correct.

Learn more about pharmaceutical company, refer to:

brainly.com/question/24188758

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5 0
3 years ago
A corporation issues $50 par convertible preferred stock, convertible at $20 per share, when the market price of the common is c
blagie [28]

Answer:

C) The conversion ratio is 2.5:1

Explanation:

The conversion ratio is:

Par Value / Conversion Price.

Hence,

$50 Par / $20 Conversion Price = 2:5:1

7 0
3 years ago
Read 2 more answers
Manuel is a lawyer who enjoys apples and pears. suppose that the price of apples increases. as a result, the purchasing power of
Jlenok [28]

This phenomenon is known as the <u>"income"</u> effect.

The income effect refers to an adjustment in the interest of a decent or administration, instigated by an adjustment in the purchasers' optional wage.  

The income effect is the impact on real income when value changes - it tends to be certain and negative. Beneath, as value falls, and expecting ostensible salary is steady, a similar ostensible pay can purchase a greater amount of the great - thus interest for this (and different products) is probably going to rise.

7 0
4 years ago
Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
eimsori [14]

Answer:

The correct answer is $800

Explanation:

Giving the following information:

Fulbright Corp. uses the periodic inventory system.

Fulbright made the following purchases (listed in chronological order of acquisition):

· 40 units at $100

· 70 units at $80

· 170 units at $60

Sales for the year totaled 270 units, leaving 10 units on hand at the end of the year.

Ending inventory= [(100 + 80 + 60)/3]*10

Ending inventory= 80*10= $800

6 0
3 years ago
A data warehouse is one or more very large databases containing both detailed and summarized data for a number of years and from
navik [9.2K]

Answer:

True

Explanation:

Data warehouse involves combining different data/ information which is heterogeneous from various sources in order to have a comprehensive/large data base, it usually involves analytical reporting as well as decision making. For instance customer information from the point of sales system of the firm can be found in the database.

It should be noted that data warehouse is one or more very large databases containing both detailed and summarized data for a number of years and from numerous sources used for analysis rather than transaction processing.

8 0
3 years ago
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