The social cost associated with the distortion in consumption from a monopoly price is called

1 answer:

4 0

This social cost is called deadweight loss or excess burden or allocative inefficiency. It is linked with the distortion in consumption resulting from monopolized pricing. Deadweight loss<span> is the descent in overall surplus that results from a market distortion, like tax for example. In economics, it is defined as a damage in economic efficiency that can happen when equilibrium for an amenity is not attained or is considered unachievable</span>

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Please select the best answer from the choices provided A situation in which quantity demanded is greater than quantity supplied

Black_prince [1.1K]

<span>A situation in which quantity demanded is greater than quantity supplied best describes shortage. Shortage is when any product or service lacks the means to provide or satisfy its demand. A shortage in the product or service usually results to a price increase. On the other hand, a surplus results to a price decrease.</span>

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4 years ago

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As an alternative to selling shares of stock as a means of raising funds, a large company could, instead, a. use equity finance.

USPshnik [31]

A large company could use selling bonds as an alternative to selling shares of stock as a means of raising funds.

<h3>What do you mean by bond selling?</h3>

The company will look for potential buyers on the market. When the company acts as principal, as it does in the majority of bond transactions, it either sells you a bond that it already has (a process known as selling the bond from inventory) or purchases the bond from you for its own inventory.

The majority of bonds pay interest twice a year until they mature. The right to receive interest payments is forfeited if a bond is sold before its maturity date.

To know more about bond selling refer to: brainly.com/question/23032254

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2 years ago

Which property transaction would most likely be EXEMPT from fair housing laws in Ohio (assuming that no real estate licensee was

CaHeK987 [17]

Answer:

The correct option is A: two-unit apartment owned by a church that will rent only to members of its faith

Explanation:

Under Ohio housing laws, the only exempt property would be the church apartment. Under the Ohio laws, religious organizations are allowed to give preference of occupancy to their members as long as all members have the same right and there is no racial, origin, or color restriction.

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3 years ago

Clearwater Hampers is a small British company that sells luxury food and drink gifts in various combinations in picnic hampers.

Nikolay [14]

Answer:

The correct phrase for the blank space is: creative problem solver.

Explanation:

Companies have to adapt to their customers to attract more of them, moreover, when the institutions have a presence in different regions worldwide. In such scenarios, they have to act as creative problem-solvers to adjust what the consumer desire and what the institution has projected to offer.

Firms must conduct different market research to gather more information on their target market and should study the resources it counts on to satisfy those individuals' expectations.

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3 years ago

The marginal revenue curve for a monopolist is greater than the price because the monopolist faces a downward sloping demand cur

frozen [14]

It is a false statement that the marginal revenue curve for a monopolist is greater than the price because the monopolist faces a downward sloping.

<h3>Why is it a false statement? </h3>

The situation is that the marginal revenue curve for a monopolist are always less than the price.

This is because for each additional unit of output the marginal revenue is declining its results from the downward sloping market demand curve.

Therefore, the statement given is a false statement.