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
lilavasa [31]
2 years ago
14

If a monopolist is producing a quantity where marginal revenue is equal to $32 and the marginal cost is equal to $30, the monopo

list should ________ to maximize profits.
Business
1 answer:
MatroZZZ [7]2 years ago
7 0

If a monopolist is producing a quantity where marginal revenue is equal to $32 and the marginal cost is equal to $30, the monopolist should increase production and lower the price to maximize profits decrease production and increase the price to maximize profits.

<h3>Who is a monopolist?</h3>

monopolist serves as the entity that dominates a particular market in term of production, he is the one that has the highest control of the market and make the most profits.

It should be noted that If a monopolist is producing a quantity where marginal revenue is equal to $32 and the marginal cost is equal to $30, the monopolist should increase production and lower the price to maximize profits decrease production .

Learn more about monopolist on:

brainly.com/question/13113415

#SPJ1

You might be interested in
Construct the Barron​ Pizza, Inc. income statement for the year ending 2015 with the following information ​(the dollar amounts
Troyanec [42]

Answer:

any want zo. om. id=2139350377

pass=7neBw6

5 0
3 years ago
Because private owners are held responsible for damages their property causes to the property of others, private owners have
Nikitich [7]
I would say the answer is A
4 0
3 years ago
Read 2 more answers
Terry Washington recently started a new firm in the financial services industry. Prior to starting his firm, he spent considerab
Pie

Answer:

Industrial Analysis.

Explanation:

Terry Washington recently started a new firm in the financial services industry. Prior to starting his firm, he spent considerable time doing research on the profit potential of the industry. The research that Terry was doing is called <u>Industrial </u>analysis.

Industrial Analysis: It is an analysis or function conducted by the owner of business to understand the dynamics and workflow of any specific industry. It help to know the industrial environment to gain the competitve advantage and potential of the business in the industry. Later on the basis of Industrial analysis, SWOT analysis is conducted to know Strength, weakness, opportunity and threats of a company.

4 0
3 years ago
___________ refers to the short distance movement that usually takes place within the confines of a building such as a plant or
steposvetlana [31]

Answer:

d. materials handling.

Explanation:

That's the correct answer. Hope that helps

3 0
2 years ago
Which of the following is NOT one of the components of a firm's business model?
Kruka [31]

Answer: the industry competitors

Explanation:

A business model simply refers to the strategy that a company will use in making profit and achieving its goals.

The components of the business model of a company include the strategic resources, core strategy, partnership network, and the customer interface.

It should be noted that the industry competitors isn't among the components.

8 0
3 years ago
Other questions:
  • The minimum wage law ___________________ a) has a significant effect on the unemployment rate since a large part of the labor fo
    9·1 answer
  • Yancey Productions is a film studio that uses a job-order costing system. The company’s direct materials consist of items such a
    13·1 answer
  • Week 5 Rachel is a financial investor who actively buys and sells in the securities market. Now she has a portfolio of all blue
    13·1 answer
  • Who is the arrangement for automobile insurance between?
    13·1 answer
  • Larry holds 2,000 shares of common stock in a company that only has 20,000 shares outstanding. The company's stock currently is
    6·1 answer
  • Bernard, the CEO of RTT Co., believes the goals of the company must be divided into smaller departmental and individual goals. T
    9·1 answer
  • Secondary authorities are official sources of the tax law with a lesser "weight" than primary authorities. True or False
    15·1 answer
  • B) José Luis trabajo 7 meses del año. ¿Qué porcentaje del año trabajo?
    12·1 answer
  • Problem 7-2A (Algo) Estimating and reporting bad debts LO P2, P3 Skip to question [The following information applies to the ques
    9·1 answer
  • Henry David Thoreau believed that a. economic independence was essential for freedom. b. government was the ultimate expression
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!