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Natalija [7]
3 years ago
6

Explain the monopolist Describe and/or analyze graphically the firm’s profit-maximizing,Break-even, and shut-down conditions Des

cribe the short and long run market conditions Explain what a "natural monopoly" is Describe limits on monopoly power
Business
1 answer:
Lina20 [59]3 years ago
7 0

Answer:

The overview of the given scenario is described in the explanation segment below.

Explanation:

The monopoly seems to be the owner and manager of the sole business that operates on either the marketplace (Industry).

The monopolist becomes making an extraordinary income. Balance requirements become MC = MR, MC reductions MR from underneath the.

The breakeven point would be where the expense of Average is equivalent to the value (Average Revenue-AR)

Closing down portion would be when the company is unable to cover the AR Cost i.e.

⇒  AR < AVC.

The normal monopoly would be when it has a large competitive edge over all the future entrants as either a barrier to the entrance of just about any new company, which prohibits any new installment including its company into the sector. It may even be attributable to someone's power over manufactured goods or perhaps the possession of environmental assets.

The limits of monopoly power are given below:

  • This power is limited to something like the possibility of competitors.
  • If alternatives are present mostly on the market, it's been difficult to retain the monopoly.
  • Law facilitates the possibility of monopoly power.

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If customer satisfaction does not always lead to customer loyalty, firms may need to focus additional effort on _____ strategies
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The firms may need to focus additional effort on retention strategies.

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Where a company has high customer retention, it means customers would continue to patronize the company's products and not not defect to another product or business.

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2 years ago
The properly marked source document states:
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Answer:

B. Contained in

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Base on the scenario been described in the question, the concept that is used to derivatively classify the statement in the new document is contained in

Contained in can be said to a classified statement in a new document

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3 years ago
Joe wants to be able to purchase a dream car on January 1,2004, just after he graduates from college. Joe has had a part time jo
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Answer:

FV= $46,031.45

Explanation:

Giving the following information:

Monthly deposit= $450

Number of months= 59

Interest rate= 0.21/12= 0.0175

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

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14. Two alternative measures of the overall level of prices are a. the inflation rate and the consumer price index. b. the infla
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Answer:

c. the GDP deflator and the consumer price index.

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Two alternative measures of the overall level of prices are the GDP deflator and the consumer price index.

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