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1 year ago

A monopolist is forced to lower its price in order to sell another unit of its product. this describes the problem of:________

1 answer:

4 0

A monopolist is forced to lower its price in order to sell another unit of its product. this describes the problem of marginal revenue is less than price.

A monopoly is a market structure in which a single seller or a producer assumes that he has a dominant position in an industry or any sector. Monopolies are discouraged in the free-market economies as they try to stifle the competition and limit different substitutes for consumers.

In the United States, antitrust legislation restricts monopolies which ensures that one business cannot control a market and use that control to exploit its customers.

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Actions taken by governments in order to promote the use of their own resources include all of the following EXCEPT:

timama [110]

It's C

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3 years ago

Firm A and Firm B join to create Firm AB. This is an example of: a tender offer. an acquisition of stock. an acquisition of asse

klio [65]

Firm A and Firm B join to create Firm AB. This is an example of a consolidation

Consolidation :

Business consolidation is a combination of several business units or companies into a single, larger organization. The reasons behind consolidation include operational efficiency, eliminating competition, and getting access to new markets.

What is the process of consolidation?

Consolidation processes consist of the assembly of smaller objects into a single product in order to achieve a desired geometry, structure, or property. These processes rely on the application of mechanical, chemical, or thermal energy to effect consolidation and achieve bonding between objects

What is financial consolidation?

Financial consolidation is the process of combining financial data from several departments or business entities within an organization, usually for reporting purposes. To consolidate is to join things together.

Merger :

A merger is an agreement that unites two existing companies into one new company. There are several types of mergers and also several reasons why companies complete mergers. Mergers and acquisitions (M&A) are commonly done to expand a company's reach, expand into new segments, or gain market share.

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8 0

2 years ago

Match the job descriptions with the job titles.

Marina CMI [18]

Answer:

See below

Explanation:

The job description is a document that shows the duties, responsibilities, and skills to perform a specific role. For example;

Negotiate insurance settlement- Claim adjuster

The claim adjuster gathers reports and facts to the insurer.

Certifies the financial record of the business- Auditor

An auditor ensures the reports and records are well examined in an organization. He or she verify the assets and liabilities.

Help a company build a positive image in the media- Public relation specialist.

Public relations help in building trust and creating awareness about the organization.

Negotiates the rates for transportation of goods- Cargo and flight agent

cargo and flight agents ensure that shipments are delivered on time, and fees are collected.

6 0

3 years ago

In year 1, the Consumer Price Index was 120 and the average nominal income was $30,000. In year 2, the Consumer Price Index was

Cerrena [4.2K]

Answer:

Real income has increased by $720 in terms of dollar and 2% in percentage

Explanation:

The real income is determined by adjusting the nominal income for inflation. The consumer price index (CPI) is used to measure the rate of inflation.

Real income = Nominal income × CPI Base year/ CPI in current year

Real Income = 32000 × 120/125

=$30,720

Change Real income

Change in real income ($) = 30,720 - 30,000

= $ 720

Change in real income (%) = (720/30,000) × 100

= 2%

Real income has increased by $720 in terms of dollar and 2% in percentage

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3 years ago

When the plan to advertise in developing countries on the sides of buses fell through because of legal barriers, Mya brought her

Annette [7]

Mya is a manager who practices intellectual stimulation with her employees.

<h3>What is intellectual stimulation?</h3>

Intellectual stimulation can be defined as a form of leadership style in which a manager (leader) encourages innovation and creativity among his or her subordinates (employees), as well as critical thinking and problem-solving skills.

In this context, we can infer and logically deduce that Mya is a manager who practices intellectual stimulation with her employees because she gave them full authority to solve the advertising problem and implement the solution.

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7 0

2 years ago