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umka21 [38]
3 years ago
12

Which of the following is the best definition for a monopoly? A. An industry being split among several companies to allow for co

mpetition B. A whole industry being owned by one company C.The government controlling and making profit of an industry. D. A large city with a population over 100,000
Business
2 answers:
Inessa05 [86]3 years ago
5 0
B. A whole industry being owned by one company
lisov135 [29]3 years ago
4 0
B, because monopoly means a complete control in the market
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Answer: $19,800

Explanation;

The Monopolist will maximize output at the point where Marginal Revenue equals Marginal Cost because at this point all resources are being fully utilized.

Total Cost = Average Total Cost * Quantity produced

At the point where MR=MC, the quantity produced is 1,100 units.

The Average Total Cost tallying with this is $18 per unit.

Total Cost = 18 * 1,100

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3 years ago
Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stoc
kicyunya [14]

Answer:

a) The expected return of equally weighed portfolio is 14.23%

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In 2019, Teller Company sold 3,000 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $270,000. T
Yuliya22 [10]

Answer:

Break-even point in units= 1,500

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8 0
2 years ago
Natalie operates on a pretty tight budget. She is a price-conscious shopper and usually buys store or generic brands to save mon
Llana [10]

Answer: The income effect

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?

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