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Tpy6a [65]
3 years ago
7

Under what condition will a monopoly firm incur losses?

Business
1 answer:
Readme [11.4K]3 years ago
3 0
<span>A monopoly would have to make it so the marginal revenue is less than the marginal cost, and in return, the monopoly would end up losing money instead of gaining money. This means that they are spending more money than they are making.</span>
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Explanation: hope this helps u! (:

4 0
3 years ago
Marilyn, Bob, and Carl all believe a certain defendant is probably guilty and should be sentenced. Individually their recommenda
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Answer:

Explanation:

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$1059.98

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6 0
2 years ago
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zalisa [80]

Answer:

1. $2.5 million

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6 0
3 years ago
Nicki paid $900 for a camera that she thought was worth $1100 for all the features included in it. for the consumer electronics
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Consumer surplus is difference between the amount that consumers are willing and able to pay for a good or service

In this case, Nicki is willing to pay $1,100 for the camera, but she is only asked to pay 900. So Nicki has a consumer surplus of $200

7 0
3 years ago
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