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svp [43]
2 years ago
5

A nondiscriminating monopolist:

Business
1 answer:
max2010maxim [7]2 years ago
3 0

Monopolists do not prefer to produce in the when the demand for a good produced by them is inelastic. Option B is the correct answer.

  • It is common to observe that monopolists, avoid engaging production when the demand for their product becomes inelastic.
  • In order to understand this situation, it is important to address the meaning of inelastic demand.
  • The term 'inelastic demand' refers to a situation where the demand for a product does not increase/decrease (change) when there is an increase/decrease (change) in its price.
  • This does not lead to profits for a monopolist.
  • It is because, a firm will be able to secure profits by producing lower amounts of goods for a higher price when the demand is elastic.
  • Hence, when the demand is inelastic, the increase in the quantity will be sold at the previous standard price, leading to a fall in terms of the total revenue.

Therefore, it is clear that a monopolist will not produce when the demand for a good is inelastic.

Learn more about Demand Elasticity here:

brainly.com/question/5078326

#SPJ10

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Which kind of data warehouse is created separately from the enterprise data warehouse by a department and not reliant on it for
Lana71 [14]

Independent Data Mart is created separately from the enterprise data warehouse by a department and not reliant on it for updates

<h3>What is an independent data mart?</h3>

Data marts are one of the keys to effectively converting information into insights in a market dominated by big data and analytics. Large data sets are normally dealt with by data warehouses, yet easy-to-find and immediately available data are needed for data analysis. Should a business person have to run difficult queries in order to acquire the data they require for their reports? No, which is why savvy businesses employ data marts.

Often a partitioned section of an enterprise data warehouse, a data mart is a subject-oriented database. Typically, a data mart's subset of data corresponds to one particular business unit, such as sales, finance, or marketing.

Data marts speed up business processes by enabling quick access to pertinent data in a data warehouse or operational data store, rather than having to wait months or more. A data mart is an economical way to quickly obtain useful insights because it only includes the data relevant to a certain business area.

Thus, it is a data mart where the data warehouse is created separately from the enterprise data warehouse by a department and is not reliant on it for updates.

For more information on Data mart, refer to the given link"

brainly.com/question/13989635

#SPJ4

4 0
2 years ago
The​ _____ rate is the percentage of a​ company's customers​ (within a given span of​ time) who by the end of that time span hav
jeyben [28]

Answer:

churn

Explanation:

Based on the information provided within the question it can be said that the term that is being described is called the churn rate. This term refers to the annual percentage rate that details the amount of customers in a year that have stopped/cancelled their subscription to a service or the amount of employees that have left a specific job.

7 0
4 years ago
An example of a discretionary item in the federal budget is
yKpoI14uk [10]

Answer: See explanation below for answer.

Explanation: In micro-economics, a discretionary expense refers to a cost that a business or household can actually do without, if necessary. These expenses are often wants rather than needs. Case in point, a business may allow employees to charge certain meal and entertainment costs to the company.

In macro-economics, discretionary spending is the type of government spending that is implemented through an appropriations bill. What this means is that the spending is an optional part of fiscal policy, which is quite the opposite of entitlement programs for which require mandatory funding and are determined by the number of qualified recipients.

Some examples of areas funded by discretionary spending are national defense, foreign aid, education and transportation.

Discretionary spending must always be deliberated upon by Congress through the annual appropriations process each year.

6 0
4 years ago
Food Packaging, Inc., agrees to sell 50,000 6-ounce yogurt containers to Golden Dairy Company. Food can obtain only 20,000 of th
posledela

Answer:

Option C.

Explanation:

From the scenario presented above, Golden is not in any way liable for the inability to supply the total quantity of the 6-ounce yogurt containers, therefore, Golden can choose to reject the delivery of the 8-ounce containers.

Also, Golden can give Food Packaging a reasonable amount of time to enable them replace the containers, of Golden is not in a hurry to begin production and packaging.

5 0
4 years ago
Melanie wants to open a restaurant near Central Park in New York. She understands that there are many restaurants in the vicinit
Pani-rosa [81]

Answer:

Perfect Competition.

Explanation:

Melanie wants to open a restaurant near central park New York. There are many restaurants in the vicinity. She has to compete in this market. She can enter the market by opening her own restaurant with different dishes and a but lower price as compared to the other restaurants. So she is planning to use the Perfect Competition in order to enter the market of similar products.  

8 0
3 years ago
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