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Grace [21]
3 years ago
13

A new competitor enters the industry and competes with a second​ firm, which had been a monopolist. the second firm finds that a

lthough demand is not perfectly​ elastic, it is now relatively more elastic. the second​ firm's marginal revenue will be​ _____________ and its​ profit-maximizing price will be​ ___________
Business
1 answer:
olganol [36]3 years ago
3 0
The second firm finds that though demand is not perfectly elastic, it is now comparatively more elastic. The second firm marginal revenue will be more elastic and its profit maximizing price will be lower. A monopolist probably also considers in policies that indulgence monopolies since it gives them greater power. A monopolist has slight incentive to progress their product because customers have no replacements. Instead, the motivation is dedicated on defending the monopoly.
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Describe the events that occur in an efficient market in response to new information that causes the expected return to exceed t
nadya68 [22]

Answer:

The efficient market hypothesis tells, in an equilibrium, the price of stocks or security is an unbiased estimate of the true values.

Explanation:

  • Thus, in the equilibrium,  of security prices are neither an overvalued nor are undervalued. Suppose the investors learn new information about the company that suggests there stock is worth more than the current price.  
  • The security gets undervalued expected return exceeds the required return. Increased in demand for security from the investors with this new information will thus bid up the market value plus reduce its expected return until they are equal.

7 0
3 years ago
The first step in establishing training and development programs is to:
dexar [7]
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8 0
3 years ago
Which HCPCS level II codes allow suppliers to begin billing immediately for a service or item as soon as it is allowed to be mar
-BARSIC- [3]

Answer: miscellaneous code

Explanation:

The HCPCS level II miscellaneous codes include miscellaneous not otherwise classified codes that are reported to the food and drug Administration when a durable medial equipment, prosthetics, orthotics, and supplies (DMEPOS) dealer submits a claim for a product or service for which there is no existing HCPCS level II code.

8 0
3 years ago
Diversification is important in investing because…A. It helps you to balance your risk across different types of investments.B.
Phantasy [73]
<span>A. It helps you to balance your risk across different types of investments</span>
5 0
3 years ago
Read 2 more answers
PortaCom manufactures notebook computers and related equipment. PortaCom's product design group developed a prototype for a new
Alchen [17]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Selling Price $284 per unit

Administrative Cost $500,000

Advertising Cost $700,000

(a) Units= 18,500

Direct labor= $50

Direct material= $88

Sales= 18,500*284= 5,254,000

Variable costs= (50 + 88)*18,500= (2,553,000)

Contribution margin= 2,701,000

Administrative Cost= (500,000)

Advertising Cost= (700,000)

Net operating income= 1,501,000

B)Units= 9,500

Direct labor= $51

Direct material= $101

Sales= 9,500*284= 2,698,000

Variable costs= (51 + 101)*9,500= (1,444,000)

Contribution margin= 1,254,000

Administrative Cost= (500,000)

Advertising Cost= (700,000)

Net operating income= 54,000

7 0
3 years ago
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