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AnnyKZ [126]
2 years ago
14

A monopolist has market power because it Group of answer choices none of the Answers are Correct. Faces a downward-sloping deman

d curve for its own output. Is a price taker. Is regulated by the government. Can raise price as much as it wishes and not lose any customers.
Business
1 answer:
Ksenya-84 [330]2 years ago
6 0

A monopolist has market power because it faces a downward-sloping demand curve for its own output.

A monopolist has market power because he is a price maker and not a price taker.

  • A monopolist undergoes a downward-sloping demand curve for its own output.
  • When a firm, primarily in a monopoly, increases its market price by decreasing its output, it exerts its price-making abilities.
  • As a price maker, a monopoly will always face a downward-sloping demand curve.
  • A downward-sloping demand curve indicates that a greater quantity of a commodity would be demanded when the price is lower.
  • A monopolist has more leeway in determining the output and prices.
  • Since, a monopolist has market power, they determine the price of the commodity, facing a downward-sloping demand curve at all times.

Therefore, a monopolist has market power because it faces a downward-sloping demand curve for its own output.

Learn more about a monopoly here:

brainly.com/question/13113415

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The owner of a leased property conveys possession of the property to the tenant providing them with uninterrupted us of the prop
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Answer:

Quiet enjoyment

Explanation:

Quiet enjoyment is a clause in lease agreement that provides a guarantee that the tenant will occupy the property in peace without interference from any other claimants or the landlord.

For example this clause protects a tenant from being removed from a property by someone of higher rank or authority like an agent.

The law recognises quiet enjoyment even when it is not stated explicitly in a lease agreement. It is assumed that every tenant has a right to quiet enjoyment

6 0
3 years ago
Drewson Health Foods has 16 comma 000 shares of $ 1 par common stock​ outstanding, which were issued at $ 15 per share. Drewson
earnstyle [38]

Answer:

SE 157,000

Explanation:

We do shares outstanding times issued per share to get the total paid-in capital. Then subtract the retained earnigns negative balance to get the Drewson total stockholders equity

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7 0
3 years ago
If a johnny rocket's burgers has 11,500 burgers in inventory on hand and they sell 1,000 units a day, how many days of inventory
riadik2000 [5.3K]
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8 0
3 years ago
Examine the equal opportunity laws of another country, not the United States. Are the laws in other countries as much a concern
ira [324]

Answer:

The equal opportunity laws of another country, not the United States is discussed below in details.

Explanation:

An equal opportunity system is a certificate that declares what measures a company takes to eliminate and stop discrimination in the workplace.

The United Kingdom employment equality law is an organization of law that legislates against prejudice-based activities in the workplace.

The prime legislation is the Equality Act 2010, which condemns discrimination in passage to education, government services, private services, and goods, or assumptions in addition to employment.

5 0
3 years ago
Monopoly has social costs because A. P is greater than MC and this implies economic inefficiency. B. too few resources are being
elena55 [62]

Answer:

Option "D" is the correct answer to the following question.

Explanation:

A monopoly usually has all kinds of social costs. Price under monopoly is more than marginal cost, which also often means that society does not have the economic capacity.

In monopoly business, resources are usually used less and other businesses use more resources, which is why monopoly business is usually associated with social interests.

Monopoly businesses produce fewer goods but charge more on those goods because they are the sole producers of the services or goods they produce, so all three options are correct

4 0
3 years ago
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