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3241004551 [841]
1 year ago
7

g If a monopolist is producing a level of output where MR exceeds MC, then it should Group of answer choices Lower its output. N

one of the Answers are Correct. Raise its price. Increase its output.
Business
1 answer:
Svet_ta [14]1 year ago
3 0

If a monopolist is producing a level of output where MR exceeds MC, then it should Increase its output.

<h3>What happens if MR exceeds MC?</h3>
  • MR is the result of the sale of an additional unit, added to TR. When an additional unit is produced, MC is added to TC.
  • Thus, TR-TC becomes maximum for greatest profit when MR=MC.
  • The producer will keep making products as long as MR is greater than MC since it will increase his earnings.
  • The monopolist will choose the level of output that maximizes profits, where MR = MC, and then set the price for that amount of output according to the market demand curve.
  • The monopolist makes a profit if the price is higher than the average cost.
  • If the marginal cost exceeds the marginal revenue, the unit is not economically viable for the company to create because it costs more than it makes.

To learn more about MR and MC refer to:

brainly.com/question/15229143

#SPJ4

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It is permissible to access non-VA websites for personal use through VA computers during break time or after duty hours for a short time.

<h3>What is a non-VA website?</h3>

A non-VA website simply refers to a type of website that isn't approved for continuous use by the Veterans Health Administration (VA), especially during work hours.

This ultimately implies that, it is only permissible to access non-VA websites for personal use through VA computers during break time or after duty hours for a short time.

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<u>Complete Question:</u>

When is it permissible to access non-VA websites for personal use using VA computers?

4 0
2 years ago
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In an exchange, archie gave up his fully depreciated business-use dump truck (fmv $15,000) and $5,000 for a newer business-use d
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Answer:

The realized gain is 0

Explanation:

The fair market value of the truck that archie gives up is $15,000 and the new truck he gets has a fair market value of $20,000. Archie also gives $5,000 in cash plus his old truck in order to buy the new truck.

Gain= Fair market value of new truck -Fair market value of old truck - Cash paid

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5 0
3 years ago
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Answer and Explanation:

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The formula that we have used is shown below:-

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3 years ago
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$547.96. Just took the test and this was the right option.

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