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3241004551 [841]
3 years ago
13

The demand curve of a monopolist is: A. downward sloping and above the marginal revenue curve. B. kinked because of recognized i

nterdependence with other firms. C. downward sloping and below the marginal revenue curve. D. horizontal at the market price. E. is identical to the marginal cost curve.
Business
2 answers:
iogann1982 [59]3 years ago
8 0

Answer:

A) Downward sloping and above the marginal revenue curve.

Explanation:

Monopolies are common in business. A monopolist tends to offer goods and services without any sort of competition. In the law of demand, it says that when the price of a commodity rises, the demand for that commodity falls and if the price of a commodity falls, the demand for that commodity rises. If this is plotted on a graph, it is called a demand curve. On the vertical axis of the plotted graph usually represents the market price of a commodity while the horizontal axis represents the quantity sold. A typical demand curve slopes downwards from the upper left which signifies a high price attracts low demand and to the right, it is a low price attracts high demand. In a monopoly, there are no competitors. Prices are set by monopolists and demand curve acts as a mirror which tells you how much to sell.

  Marginal Revenue is the total revenue gained with each extra sales. In plotting a marginal revenue curve( this is plotted on the same graph as the demand curve), it is usually lower on the graph than the demand curve in a monopoly because the change in price for the next sale applies to all the sales, even the ones before it.

Nataly [62]3 years ago
7 0

Answer:

A. downward sloping and above the marginal revenue curve. 

Explanation:

A monopoly is when there's only one firm operating in an industry. A monopoly usually sets the market price for goods and services. A monopoly faces a downward sloping demand curve because as price increases, the quantity demanded falls.

I hope my answer helps you

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Holiday Corp. has two divisions, Quail and Marlin Quail produces a widget that Marlin could use in its production Quail's variab
Neporo4naja [7]

Answer:

Cost savings when transfer are made = $0

Explanation:

In the question it was given that Quail is operating at capacity, then the  Minimum and Maximum transfer price would be market price = $15.80

Cost savings when transfer are made = No of unit Marlin purchase*(Maximum transfer price - Minimum transfer price)

Cost savings when transfer are made = 195,000 unit * ($15.80 - $15.80)

Cost savings when transfer are made = $3,081,000 - $3,081,000  

Cost savings when transfer are made = $0

5 0
3 years ago
Give the meaning and important aspects of the process of globalisation.​
kherson [118]

Answer:

Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.

There are 4 basic aspects of globalization

1.Dissemination of knowledge.

2.Migration and movement

3.Capital and investment movement

4.Trade and transctions.

Explanation:

1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.

2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.

3.These terms are commonly used to describe the economy .capitalism is the private ownership as opposed to ownership by the government.

4.Trade and teansactions has caused tremendous improvements across the globe, in a way, it has led creating jobs, increaeing thw workers salaries amongst other factors .conversely , trade transactions has caused social disruptions and as a result number of businesses are lost.

6 0
2 years ago
Bill, age 65 has 2020 unreimbursed medical expenses totalling $20,000 and an adjusted gross income of $170,000. How much of thos
svp [43]

Answer:

$7,250

Explanation:

You can deduct medical expenses <u>that exceed</u> 7.5% of your AGI (changes, but is currently at this level).

170,000 x .075 = 12,750

20,000 - 12,750 = $7,250

I hope this helps!

-TheBusinessMan

7 0
3 years ago
Identify the type of costs that would be considered incremental cost for a decision to close stores. (You may select more than o
Gemiola [76]

The incremental costs that can be deduced include the cost for materials, overhead, and labor that are associated with the actual closing process.

Incremental cost simply means the total cost that's incurred as a result of an additional unit of product that is being produced.

It's simply calculated by analyzing the additional expenses that were spent by the company. They are the cost for materials, overhead, and labor that are associated with the actual closing process.

Learn more about costs on:

brainly.com/question/24516871

6 0
2 years ago
. If the price elasticity of demand for pineapple is 0.75, a 4% increase in the price of pineapple will lead to a A. 3% decrease
ludmilkaskok [199]

Answer:

A) 3% decrease in the quantity demanded of pineapple.

Explanation:

We know that the demand curve is negative, which means that as price of a product increases, its demand will decrease.

In unitary elasticity(1) the change in demand means that the change in quantity demanded will be the same. A 0.75 elasticity will thus mean that the quantity demanded will change by a factor of 0.75 as compared to the change in price.  

Therefore when the price of pineapple increases by 4%, the quantity demanded will decrease by 4 * 0.75 = 3%

3 0
3 years ago
Read 2 more answers
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