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ira [324]
1 year ago
6

To maximize profit, the perfectly competitive firm charges a price equal to __________ while the monopolist charges a price ____

______.
Business
1 answer:
belka [17]1 year ago
5 0

To maximize profit, the perfectly competitive firm charges a price equal to the marginal cost while the monopolist charges a price greater than the marginal cost.

The monopolist will select the profit-maximizing level of output where MR = MC, and then charge the price for that quantity of output as determined by the market demand curve. If that price is above average cost, the monopolist earns positive profits.

In a monopolistically competitive market, the rule for maximizing profit is to set MR = MC and the price is higher than marginal revenue, not equal to it because the demand curve is downward sloping.

Learn more about monopolists at

brainly.com/question/13113415

#SPJ4

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Aneko is a media buyer with simantel, an advertising agency. Aneko typically purchases radio and television commercial time slot
Tema [17]

If Aneko typically purchases radio and television commercial time slots for local customers.  These commercials are examples of <u>measured </u>media.

<h3>What is Measured Media?</h3>

Measured media is a media that comprises of the following:

  • Newspaper
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  • Radio broadcast
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Measured media is important as it enables business owners to know the best media platform to choose when it comes to advertising their product.

Therefore these commercials are examples of <u>measured </u>media.

Leatn more about measured media here:brainly.com/question/24018854

7 0
2 years ago
Borrowed 152300 for three years if the qouted rate (apr) is 11.75% and the compounding is daily what is the effective annual rat
Vikki [24]

Answer:

The appropriate response is "12.47%".

Explanation:

The given values are:

Borrowed amount,

= 152300

APR,

= 11.75%

i.e.,

= 0.1175

Now,

The effective annual rate will be:

= (\frac{1+APR}{n} )^n

On substituting the given values, we get

= (\frac{1+0.1175}{365} )^{365}

= (\frac{1.1175}{365} )^{365}

= 1.12466-1

= 0.1247 \ or \ 12.47 \ percent

7 0
3 years ago
What are queries usually used for?
solong [7]

Answer:

Queries can perform many different functions in a database. Their most common function is to retrieve specific data from the tables. The data you want to see is usually spread across several tables, and queries allow you to view it in a single data sheet.

4 0
2 years ago
Which questions about risk should someone ask before making a big purchase? Check all that apply.
IceJOKER [234]

Answer:

A

Explanation:

If you need buy it, if it's a want not a need don't buy it

6 0
3 years ago
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Ivahew [28]

I am still working on my business plan.

7 0
2 years ago
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