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1 year ago

Consumer surplus will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.

1 answer:

7 0

Consumer surplus will increase when a monopolist goes from a single-price monopoly to perfect price discrimination.

A monopolistic marketplace is a marketplace shaped by the characteristics of a natural monopoly. A monopoly exists when one dealer gives a specific good or carrier to many customers. In a monopolistic market, the monopoly (or dominant corporation) exerts management over the market, allowing it to set the price and supply.

A monopoly is a firm that's the sole seller of its product, and in which there aren't any near substitutes. An unregulated monopoly has marketplace electricity and may have an impact on charges. Examples: Microsoft and home windows, DeBeers and diamonds, your neighborhood natural fuel agency.

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At an output level of 59,000 units, you calculate that the degree of operating leverage is 3.3. The output rises to 64,000 units

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Answer: Percentage change OCF = 27.96%.

Explanation:

Given that,

Output level = 59,000 units

Degree of operating leverage = 3.3

Output rises to 64,000 units,

Degree of Leverage = $\frac{Percentage\ change\ in\ Operating\ cash\ Flow}{Percentage\ change\ in\ Quantity}$

Percentage change OCF = Degree of Leverage × Percentage change in Quantity

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3 years ago

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Answer and Explanation:

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3 years ago

Indicate whether the scenarios would result in an increase, a decrease, or no change in the long-run aggregate supply (LRAS) cur

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Answer:

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The economy's main export is candy. Candy from this country increases in popularity around the world.

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Since candy has become an international sensation, factories double the number of candy-making machines.

Factories are now producing more candy due to having more candy-making machines. This will result in an Increase in the long-run aggregate supply (LRAS) curve.

The top candy companies choose to relocate their means of production to other countries around the world.

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