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3 years ago

Confronted with the same unit cost data, a monopolistic producer will charge:

Business

1 answer:

mojhsa [17]3 years ago

4 0

Answer:

C. a higher price and produce a smaller output than a competitive firm.

Explanation:

A monopolistic producer will charge a higher price when confronted with the same unit cost data. The producer will also produce less of the item to make it appear more in demand. In turn, this allows the producer to make more money by spending less on labor and materials. Their overhead is reduced as well. This is seen as a competitive way to market their product and make it seem better and that it sells faster so keeping up with demand is difficult, even though it is completely false.

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Rashmi has her own online stationery business, creating greeting cards, thank-you cards, and invitations. When she makes several

mafiozo [28]

Answer:

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6 0

3 years ago

Production and sales estimates for April for Crane Co. are as follows: Estimated inventory (units), April 1 19,000 Desired inven

melisa1 [442]

Answer:

a. 11,000 units

Explanation:

Particulars Amount

Expected Sales (units) 12,000 [3000+4750+4250]

Add: Ending inventory 18,000

Less; Beginning inventory 19,000

Number of units expected to be manufactured 11,000 

5 0

3 years ago

Later, the teaching assistant in Bob's chemistry course gives him some advice. "Based on past experience," the teaching assistan

77julia77 [94]

Answer:

1 hour working on problems, 3 hours reading

Explanation:

the question is not complete:

Bob is a hard-working college freshman. One Tuesday, he decides to work nonstop until he has answered 200 practice problems for his chemistry course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem.

Time Total Problems Answered Marginal gain

8:00 AM 0

9:00 AM 80 80

10:00 AM 140 60

11:00 AM 180 40

Noon 200 20

Since Bob's is able to answer more than 70 questions per hours only during one hour (from 8 to 9 AM), he can benefit more from reading the next 3 hours. Reading would be equivalent to answering 210 questions, while Bob was only able to answer 120 more questions in the following 3 hours.

6 0

2 years ago

Companies Heidee and Leaudy have the same total assets, sales, operating costs, and tax rates, and they pay the same interest ra

stealth61 [152]

Answer:

E. If the interest rate the companies pay on their debt is more than their basic earning power (BEP), then Company Heidee will have the higher ROE.

Explanation:

Base on the scenario been described in the question, we saw that between the two companies, Heidee and Leaudy, they both have the same total assets, sales, operating costs, and tax rates, and they pay the same interest rate on their debt but company Heidee has a higher debt ratio, this will make company Heidee has a higher ROE because of its higher ratio of debt

3 0

3 years ago

An individual in the US wants to buy office equipment from England which costs 2,000 pounds. If the exchange rate is 1pound=$1.9

guajiro [1.7K]

Given:

Cost of the office equipment in pounds = 2000

Value of 1 pound in dollars as per exchange rate = 1.9

To find:

The cost of the office equipment in dollars

Solution:

If 1 pound is 1.9 dollars, then 2000 pounds will be as follows,

$\Rightarrow\text{1 pound}\rightarrow\text{1.9 dollars}\\\\ \Rightarrow\text{2000 pounds}\rightarrow1.9\times2000 \text{ dollars}=3800 \text{ dollars}\\\\ \therefore \text{The value will be 3800 dollars}$

So, the correct option is Option c, that is $3800.

8 0

3 years ago