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sergey [27]
2 years ago
10

Is there any way for a monopoly to operate more efficiently than a competitive market? why or how?.

Business
1 answer:
irga5000 [103]2 years ago
7 0

The equilibrium point in a competitive market exists at the point of optimal market efficiency.

<h3>What is competitive market?</h3>

A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.

In economics, especially general equilibrium theory,  A perfect market also understood as an atomistic market, is determined  by several idealizing requirements, collectively anointed perfect competition or atomistic competition.

No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.

To learn more about competitive market refer to:

brainly.com/question/8753703

#SPJ4

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At what point does entertainment end and marketing begin? Why did you draw the line there?
Tcecarenko [31]

Answer:

Explanation:

The central idea behind marketing is the idea that a firm or other entity will create something of value to one or more customers. The end objective of marketing is selling a product and in this case we presume marketing means advertisement.

Entertainment can be separated from marketing activities and appeal of entertainment can be used to achieve different goal. Entertainment can only be used for holding attention and interest of audience that would be the consumer or it gives pleasure or delight. It is an idea or task which is developed for keeping attention of audience and this process is accelerated by entertainment industry in order to sell entertainment product. But according to psychologists entertainment is just attainment of gratification and no other result or measurable benefits can be achieved by entertainment and role of entertainment ends here. Marketing begins with encouraging people towards purchasing the commercial product. Behind the scenes tactics like advertising, production, placement and pricing incorporated in marketing. Main objective of marketing is attracting consumers towards the product or services provided by the organization. While entertainment just hold attention and interest of consumers and it is the line between..The central idea behind marketing is the idea that a firm or other entity will create something of value to one or more customers. The end objective of marketing is selling a product and in this case we presume marketing means advertisement.

Entertainment can be separated from marketing activities and appeal of entertainment can be used to achieve different goal. Entertainment can only be used for holding attention and interest of audience that would be the consumer or it gives pleasure or delight. It is an idea or task which is developed for keeping attention of audience and this process is accelerated by entertainment industry in order to sell entertainment product. But according to psychologists entertainment is just attainment of gratification and no other result or measurable benefits can be achieved by entertainment and role of entertainment ends here. Marketing begins with encouraging people towards purchasing the commercial product. Behind the scenes tactics like advertising, production, placement and pricing incorporated in marketing. Main objective of marketing is attracting consumers towards the product or services provided by the organization. While entertainment just hold attention and interest of consumers and it is the line between... entertainment and marketing.

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7 0
3 years ago
Young married couples that find themselves running out of money at the end of the month might be well advised to:
xxMikexx [17]
Keep track of all their expenses
7 0
3 years ago
Development cost $ 1,250,000 Estimated development time 9 months Pilot testing $ 200,000 Ramp-up cost $ 400,000 Marketing and su
siniylev [52]

Answer:

Tuff Wheels

The net present value of the project is:

= $13,617,154

Explanation:

a) Data and Calculations:

Development cost $ 1,250,000

Estimated development time 9 months

Pilot testing $ 200,000

Ramp-up cost $ 400,000

Total Project cost in Year 0 = $1,850,000 ($ 1,250,000 + $200,000 + $400,000)

Marketing and support cost $ 150,000 per year

Sales and production volume 60,000 per year

Unit production cost $ 100

Unit price $ 205

Contribution per unit = $105 ($205 - $100)

Total contribution margin = $6,300,000 ($105 * 60,000)

Marketing and support cost  $ 150,000

Interest rate 8%                         148,000

Net income (cash flow)      $6,002,000

Discount rate = 8%

Annual net cash inflow = $6,002,000

Annuity factor = 2.577

Total cash inflow = $15,467,154 ($6,002,000 * 2.577)

Total project cost      1,850,000

Net present value  $13,617,154

8 0
2 years ago
What schools,parents and young people/learners can do to prevent alcohol and drug abuse amongst youth.
Anon25 [30]
I think keeping oneself occupied by relevant activities such as joining youth club that is proactive in various ongoing activities such as sports, fun field activities throughout the year on an ongoing basis can assist in keeping youth away from drugs and alcohol.
6 0
3 years ago
Hannah Ortega is considering expanding her business. She plans to hire a salesperson to cover trade shows. Because of compensati
Allushta [10]

Answer:

Hannah Ortega

Product lines      ProOffice     EZRecords

1a. Total costs           $10,000     $13,000

b.  Cost per unit      $200.00     $162.50

 

2a. Total costs           $17,500       $25,000

b.   Cost per unit       $175.00        $125.00

c) The total costs under the two requirements were different because of the larger units sold in requirement two.  These larger units shared the total costs, reducing the cost per unit drastically.

Explanation:

a) Data and Calculations:

Fixed costs for trade show = $7,500

Fixed cost per hour = $250 ($7,500/30)

Product lines      ProOffice     EZRecords

Cost per package  $150            $100

Units sold                   50               80

Hours spent              10 hrs           20 hrs

Fixed costs            $2,500      $5,000

Variable costs          7,500        8,000

Total costs           $10,000     $13,000

Cost per unit      $200.00     $162.50

Total cost

Product lines      ProOffice     EZRecords

Units sold                  100             200

Variable costs      $15,000       $20,000

Fixed costs              2,500            5,000

Total costs           $17,500       $25,000

Cost per unit       $175.00        $125.00

c) The total costs under the two requirements were different because of the larger units sold in requirement two.  These larger units shared the total costs, reducing the cost per unit drastically.

3 0
3 years ago
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