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zhenek [66]
1 year ago
11

A monopolist maximizes profits at the output at which Group of answer choices total revenue is at its greatest, assuming that th

e firm has both fixed and variable costs. price equals marginal cost. price exceeds marginal cost by the greatest amount.
Business
2 answers:
UkoKoshka [18]1 year ago
3 0

A monopolist maximizes profits at the output at which marginal revenue equals marginal cost.

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

It should be noted that a monopolist simply means an individual that controls the sale of a particular good in the market.

In this case, a monopolist maximizes profits at the output at which marginal revenue equals marginal cost.

Learn more about monopolist on:

brainly.com/question/13113415

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Ahat [919]1 year ago
3 0

A monopolist maximizes profits at the output; a Monopolist maximizes profit by equating MR and MC. Option C. This is further explained below.

<h3>What is Monopolist?</h3>

Generally, a Monopoly refers to a business or person that dominates and controls a market for a certain product or service.

In conclusion, In order for a monopolist to maximize profits, the production must be equal to the profit.

Read more about monopolists

brainly.com/question/5992626

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To raise capital, candace tyson and martha black plan to sell stock to between 108 and 200 investors. they also want to avoid do
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I would recommend the limited liability company type of the business for Candace Tyson and Martha Black's business. A limited liability company is not a separate tax subject in its business. The tax liability in this type of business occurs for each of the shareholders of the company. Therefore, it will avoid the double taxation situation.
5 0
2 years ago
Which characteristic is most important in identifying which data to collect for marketing research?
frutty [35]

The characteristics of the data includes one which will help in decisions making for marketing actions.

Let understand that "Marketing research" is the process of gathering, recording, analyzing and drawing conclusion on data collected from potential customers of a product to facilitate decision making about a product viability.

  • The purpose of Marketing research is to provides concrete information which is relevant for decision making in the firm.

Therefore, the characteristics of data that is very important to marketing research are data which will be relevant to draw decisions for marketing actions.

Read more on Marketing Research here

<em>brainly.com/question/16828144</em>

3 0
2 years ago
Intangible assets that have an indefinite useful life:
saw5 [17]

Answer:

d. All of these answer choices are correct.

Explanation:

Intangible assets with an indefinite life are not amortized over the years although they are checked impairment loss that may have occurred during the year.

Intangible assets which have indefinite life provide cash flow for endless years. An example would be goodwill.

8 0
3 years ago
Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies sug
IgorLugansk [536]

Answer:

1. The present yearly net operating loss is $65,700

2. Break even point in unit sales is 27,690 units, in dollars sales $2,575,170.00

3. The maximum annual profit that the company can earn is $23,300, at 30,500 units with a selling price per unit of $91

Explanation:

At breakeven point, the cost and revenue of the company are same such that the company neither a profit nor a loss. Operating profit or loss is the difference between the revenue and the cost of the company.

The cost of the company usually consist of the fixed and variable elements.

Given that the company’s present selling price is $93 per unit, and variable expenses are $63 per unit. Fixed expenses are $830,700 per year with present annual sales volume (at the $93 selling price) is 25,500 units

Hence the operating profit or (loss)

= $93 * 25,500 - ($63 * 25,500 + $830,700)

= $765,000 - $830,700

= ($65,700)

A loss of $65,700

Break even point in unit sales = Fixed costs / (Selling price per unit – Variable cost per unit)

= $830,700 / ($93 - $63)

= $830,700 / $30

= 27,690 units

In dollar sales

= $93 * 27,690

= $2,575,170.00

if the marketing studies are correct then the new selling price per unit will be

= $93 - $2

= $91

The units sold will be

= 5000 +  25,500

= 30,500 units

The maximum profit to be made

= $91 * 30,500 - ($63 * 30,500 + $830,700)

= $854,000 - $830,700

= $23,300

6 0
3 years ago
On june 8, alton co. issued an $90,000, 6%, 120-day note payable to seller co. assuming a 360-day year for your calculations, wh
Firlakuza [10]
Maturity Value = Principal  x ( 1 + Rate x Time )
Here is:
Principal = $90,000
Rate = 6% = .06
Time = 120 / 360
Maturity value = $90,000 x ( 1 + .06 x 120/360 ) =
= $90,000 x ( 1 + .02 ) =
= $90,000 x 1.02 = $91,800
Answer:   c. $91,800
8 0
3 years ago
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