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cupoosta [38]
2 years ago
12

In a sweezy oligopoly, the profit-maximizing level of output occurs where:_____.

Business
1 answer:
hodyreva [135]2 years ago
7 0

In a Sweezy oligopoly, the profit-maximizing level of output occurs where mr=mc.

Paul M. Sweezy created the oligopoly's kinked demand curve in 1939. The model explains how oligopolistic groups behave rather than placing emphasis on how price-output determination occurs.

With an equilibrium output of Q units and an equilibrium price of P, the oligopolist maximizes profits by equating marginal income with marginal cost.

Due to each company's desire to maximize profits, there is frequently intense competition among them when it comes to pricing, production, and promotion.

The main distinction between a monopolist and a perfectly competitive firm is that although for a monopolist, marginal revenue is not equal to the price since changes in output quantity affect the price.

To learn more about monopolists refer to:

brainly.com/question/14055453

#SPJ4

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Answer:

Explanation:

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2. Short-term goals

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3. Skills and interests

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The career that you want to pursue should be one that is marketable. Getting a job for a marketable career is much easier than one that is not as marketable. This helps in avoidance of frustrations of failed job searches.

4 0
3 years ago
When a firm grants licenses internationally, it is giving foreign companies access to its:?
scoundrel [369]
<span>When a firm grants licenses internationally, it is giving foreign companies access to its trademarks, </span>technology and patents. Having your licenses and business become international is a huge gain for most businesses. When items go international, they have a larger market they can sell their products too, but there are also some risk to it as well. Allowing the foreign countries and companies to see how your products work inside and out benefit them while bringing in more profit to the international licensee. 
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3 years ago
Tobit Financing offers short-term financing plans to other companies. It buys the accounts of other companies at a discount and
NARA [144]

Answer:

C) Factoring

Explanation:

In factoring, the Companies shall sell the accounts receivables to Tobit Financing at a discounted rate when they are apprehensive about receiving the same from their debtors in time. Once received by Tobit Financing, it shall recover the dues from those accounts at the full rate. The difference shall be the earning of Tobit Financing. This may also be true when such Companies are in urgent need of cash and this option seems to be the most viable.

3 0
3 years ago
Greyon spinning Mills Inc. owns 600 spinning machines out of these, only 500 are used in a given year. Given this information, t
andre [41]

Answer:

B.0.83

Explanation:

Data provided in the question

Total machines Available = 600

Number of machines used in a given year = 500

So by considering the above information, the utilization of spinning machines is

Utilization = Resource used ÷Resource available

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                 = 0.83

By dividing the resources used with the resources available we can get the utilization and the same is applied

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