1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AnnyKZ [126]
1 year 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]1 year 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

#SPJ4

You might be interested in
Which facility has enabled rural hospitals to have increased access to specialist consultations?
pantera1 [17]

Answer:

<em>Telemedicine</em>

Explanation:

Distributing health related information and services via telecommunication technologies and electronic information is called telemedicine. The contact between patient and clinician is long distance.

The clinician used electronic means such as computers to intervene, monitor and educate the patient. Livongo health and Teladoc are two famous tele medicine companies.In US telemedicine has successfully reduced the healthcare costs and improved the patient access to medical care. According to a study 61 percent of healthcare institutions in US use tele medicine.

4 0
3 years ago
Correct answers will get extra!!! Points
lutik1710 [3]
1. True
2. False
3. True

Sorry if I get the wrong answers!!!
8 0
3 years ago
Coronado Inc. had beginning inventory of $12700 at cost and $20900 at retail. Net purchases were $113930 at cost and $158500 at
aalyn [17]

Answer:

<u><em>Ending Inventory:</em></u> <em>21,267.70</em>

Explanation:

                cost   retail  

beginning        12,700    20,900

purchases   113,930   158,500

markups                9,600  

markdowns               (7,400)

total                 126,630    181,600  

inventory to retail ratio: 126,630 / 181,600 =  0.6973

sales revenues   151,100  

COGS: 151,100 x 0.6973 =  105,362.30

<u><em>Ending Inventory:</em></u> 126,630 - 105,362.30 = <em>21,267.70</em>

3 0
3 years ago
From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whateve
kakasveta [241]

The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.

Given that,

Savings desired = $1500

Monthly expenses = $600

Let money earned by her every hour be x

No. of scheduled work hours = 80

So,

Total money earned for the month = 80 × x

= 80x

As we know,

Money left = Total money earned - expenses

= 80x - $600 ...(i)

A.T.Q.

Money left must be = $1500

Then, by putting the variables in equation (i), we get

80x - 600 = 1500

Now, solving for  x

80x - 600 = 1500

        +600 = + 600

_______________

80x = 2100

x = 2100/80

∵ x = 26.25

Thus, the required sales are $ 26.25 per hour or ( 26.25 × 80 = $2100) for the month of September.

Learn more about 'savings' here:

brainly.com/question/18051939

4 0
2 years ago
How many hours a week should a student plan to study per credit in a 15-week course?.
svet-max [94.6K]

According to credit in a 15-per week course, one must study 2-3 hours a week with a plan. Because 1 credit is equal to ten hours of study, so 3 credits equal to 30 hours per week.

<h3>What are the benefits of studying daily?</h3>

Good studies give a potential to study, and it builds confidence to students to perform better in the academic.

Studying regularly helps to keep the mind sharp and upgrade the ability of the person to gain more knowledge from other students.

Thus, According to credit in a 15-per week course, one must study 2-3 hours a week with a plan.

For more details about  benefits of studying, click here:

brainly.com/question/18850728

#SPJ4

6 0
1 year ago
Other questions:
  • Sheridan's Bakery makes a variety of home-style cookies for upscale restaurants in the Atlanta metropolitan area. The company's
    13·1 answer
  • Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provid
    7·1 answer
  • Read the scenario. Brad has a steady job, earns a solid income, and plans to live in a nearby city for the long term. He is look
    12·2 answers
  • Simply wearing a lap-and-shoulder belt combination can cut your chance of being killed by ____________.
    15·2 answers
  • The range for daily sales for the week, $89,000, $75,000, $98,000, $66,000, and $99,000, is ________. a. $33,000. b. $85,400. c.
    13·1 answer
  • Choose the preferred sentence from each pair and justify your choice.
    10·1 answer
  • Kayak Co. budgeted the following cash receipts (excluding cash receipts from loans received) and cash payments (excluding cash p
    14·1 answer
  • Q.23 :-Your Boss says- ' I want the job done, I do not have time to listen to your
    5·1 answer
  • What best describes the example/instance for building a model to identify cross-sell opportunities (trying to convince people to
    13·1 answer
  • .............................................................................................................,,,,,,,,,,,........
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!