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olga55 [171]
4 years ago
9

In this exhibit (Monopoly Through Collusion), given the duopoly industry illustrated in the exhibit, if the two firms colluded t

o maximize their combined economic profits, the market price they would set would be _______ and combined economic profits of the firms would be _______ .
Business
1 answer:
tekilochka [14]4 years ago
7 0

Answer:

c: P2; given by the area of the rectangle P1P2BG

Explanation:

Under monopoly, equilibrium is attained where firm's MC becomes equal to firm's MR. In the above diagram, this situation is satisfied 2 times i.e. at Q1 and Q2. This means market price may be P2 or P3 because MC = MR1 at equilibrium quantity Q1 and equilibrium price P3 while MC = MR2 at equilibrium quantity Q2 and price P2.

Economic profit of the firms is the total revenue minus total cost of the firm so it will be area above the MC curve i.e. either P1P2BG or P1P3AF.

But in the options there is presence of only P1P2BG. Therefore, (c) is the correct answer.

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All duties required by the stairway and ladder rules must be performed _______ employees begin work that requires them to use st
luda_lava [24]

Answer:

Before.

Explanation:

In work related environments, stairways and ladder systems are generally considered to be the major source of fatalities, injuries or bodily harm being experienced by the workers who are working in construction sites.

According to the Occupational Safety and Health Administration (OSHA), all duties required by the stairway and ladder rules must be performed before employees begin work that requires them to use stairways or ladders and their respective fall protection systems.

This ultimately implies that, before any employee commences a work that requires the use of a stairway or ladder, all of the guidelines, rules and standard procedures should have been followed or done.

6 0
4 years ago
Roland has purchased a new tablet. How he can avoid risk? Check all that apply.
Softa [21]
I believe the answer is: 

- by using a screen protector 
(in order to protect your screen from scratch during the usage)

- by using an anti virus app
(to protect your system from unwanted malware or programs that might come in when you're browsing)

- by using a protective case
(to protect your tablet in case it's dropped or stepped on)
8 0
3 years ago
Read 2 more answers
A company manufactures and sells blank audiocassette tapes. The weekly fixed cost is ​$10,000 and it costs ​$0.40 to produce eac
sasho [114]

Answer:

6251 tapes

Explanation:

Given: fixed cost is ​$10,000.

           Variable cost is $0.40 to produce each tape.

            Selling price is $2 per tape.

Lets assume number of tapes to be produced and sold be "x"

We know, Total cost= Fixed\ cost+ Variable\ cost

∴ Total cost= 10000+ 0.40\times x

Total cost= 10000+0.40x

As given, selling price is $2 per tape.

∴ For attaining break even point, Tota cost = Selling price.

10000+0.40x= 2x

Solving the equation to find the value of x

⇒ 10000+0.40x= 2x

Subtracting both side by 0.4x

⇒10000= 1.60x

Dividing both side by 1.60

⇒ x= \frac{10000}{1.60}

∴ x= 6250

Hence, number of tapes must be sold and purchased is 6250 to attain break even in the business, however selling one more tapes will get profit is 6251.

4 0
3 years ago
Some innovative firms entertain consumers with ______; these consumers then interact with the brand.
lukranit [14]
The use of electronic mail proved to be significant in establishing communication between the firm and the consumer. Users of their product would now tell their claims and reports about its deficiencies only without going to the shop itself to solution the problems as fast as possible.
8 0
3 years ago
Read 2 more answers
Which theoretical perspectives would view television and movies as a form of big business in which profits are more important th
Vadim26 [7]

Answer:

Conflict

Explanation:

Please refer below the complete question, there were following options

functionalist

conflict

symbolic interactionist

agrarian

6 0
4 years ago
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