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NISA [10]
2 years ago
8

The monopoly maximizes profit by setting a. price equal to marginal revenue. b. marginal revenue equal to marginal cost. c. pric

e equal to marginal cost. d. marginal revenue equal to zero
Business
1 answer:
Ksenya-84 [330]2 years ago
3 0

(C) price equal to marginal cost.

Monopoly is a market condition with only one seller of a product where there is barriers to entry of others and presence of no substitutes.

The level of profit is maximised in a monopoly when the marginal cost equal the marginal revenue. They choose an output and price certainly without exceeding the marginal revenue. The price is greater than average revenue of the production and get the profit maximise output.

In case monopoly quantity will be lower and the price will be higher than that of a competitive firm. Marginal revenue can only be zero when the production falls or not have been started yet.

To learn more about monopoly here,

brainly.com/question/5992626

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Business letters can be used to request information or action. Familiarize yourself with the organization of these direct reques
Leni [432]

The body of a direct request letter should request action with an end date.

Direct Request Letter- A petition filed by an individual in a tribunal of this state in a case involving an obligee, an obligor, or a child is referred to as a direct request. In business letters, you can ask for information or a specific action. Learn how these direct request letters are structured so you can effectively convey your goals and get the results you want.
Gather information about your request.
Form an outline
Identify yourself
Make your demand
Give a justification for the request.
Offer to supply extra details
Thank you for your time, and end the letter.
For more information about the Direct Request Letter Please refer to brainly.com/question/15279207
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3 0
2 years ago
Shane's buyers learned during the inspection that there was water damage around the fireplace and that the chimney needed new fl
MAVERICK [17]

Shane should just call the steeplejack.

  • Flashing serves as an additional layer of water protection; however, if you notice leaks, your flashing is damaged. You may experience water damage if you find rust, holes, or areas where the flashing has worn down. However, it would still be best to replace it.
  • Repointing your chimney brick mortar would be your first step. Repointing is the process of taking out the crumbly mortar, then replacing it with a new batch of mortar.
  • your chimney crown and flue serve as your extra protection against water. However, gaps may eventually appear after some time, allowing water to enter.
  • As a result of the water seeping in, it will damage not only the crown but also the flue. And caulking would be the answer to this chimney problem. Caulking is the process of sealing a gap using a sealant or a waterproof filler

learn more about water leaks here : brainly.com/question/681061

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8 0
2 years ago
Determine the future value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)
slavikrds [6]

Answer:

1. $38,435.37

2. $67,091.09

3. $126,985.63

4.$94,037.04

Explanation:

The formula for calculating future value :

FV = P (1 + r)^n

FV = Future value

P = Present value

R = interest rate

N = number of years

1. $17,000 ( 1 + 0.06)^14 = $38,435.37

2. $26,000(1 + 0.09)^11 = $67,091.09

3. $38,000(1 + 0.09)^14 = $126,985.63

4. $59,000 (1+0.06)^8 = $94,037.04

I hope my answer helps you

6 0
3 years ago
What is a Limited Purpose credit card?
victus00 [196]
The answer is a hope this help u
7 0
3 years ago
How is compound interest different from simple interest?
hammer [34]

Answer: How is compound interest different from simple interest?

Explanation:  Simple interest is interest payment is calculated on only the principal amount; whereas compound interest is interest calculated on both the principal amount and all the previously accumulated interest.  

You welcome

4 0
2 years ago
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