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8090 [49]
2 years ago
14

Firm A is a profit-maximizing firm with a monopoly in the production of Good X. The firm sells its good for $10 each. We can con

clude that Firm A is producing a level of output at which:
Business
1 answer:
KIM [24]2 years ago
3 0

If the Firm A is having a monopoly in the production of X we can assume that the Firm A is producing at a level of output which is marginal cost equals marginal revenue.

<h3>What is a monopoly?</h3>

This is a situation that exists in a market where there is a single producer or seller of a product. The monopolist has no competitors.

Due to this he enjoys unfair advantages and can set the price in the market to any level that he wants.

Read more on monoploy here: brainly.com/question/7217942

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A socially constructed category made up of people who share biologically transmitted traits
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In a reinforcement type of situation, program plans are initiated to preserve and develop customer or public support.
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3 years ago
Suppose electricity generates a negative externality in production. If​ so, then ____
garik1379 [7]

Answer:

The correct answer is option A.

Explanation:

A negative externality refers to the situation when the cost of production is borne by a third party which is not involved in the production process.

In case there is a negative externality present, the marginal social cost will be greater than the marginal private cost. The competitive price will be lower than the socially optimal price.

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3 years ago
30 POINTS!<br><br> Which cell contains an absolute reference?
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Answer:

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Explanation:

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7 0
3 years ago
Heather innocently misrepresented the status of a puppy as being a full-blooded Pomeranian when actually it was a mixed breed. B
IRISSAK [1]

Options:

A. Because Heather violated the contract to provide a full blooded Pomeranian, Brad is entitled to rescind the contract and also to the damages he seeks.

B. Because Heather violated the contract to provide a full blooded Pomeranian, Brad is entitled to rescind the contract, but he is not entitled to the damages he seeks.

C. Because Heather is not guilty of any wrongdoing, Brad is entitled to no remedy; and Heather has an additional 30 days in order to honor the contract.

D. Because Heather is not guilty of any wrongdoing, Brad is entitled to no remedy; and Heather has an additional 60 days in order to honor the contract.

E. Because Heather is not guilty of any wrongdoing, Brad is entitled to no remedy; and Heather has an additional 90 days in order to honor the contract

Answer:

B

Explanation:

Heather's misrepresentation resulted in her breaching the contract, even if she did it innocently or not. But since no transaction was completed, then the contract is simply terminated. If Brad had realized Heather's mistake after he had paid for the dog, then he could argue that he suffered damages and could try to seek some type of compensation but that wasn't the case here.

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3 years ago
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