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skelet666 [1.2K]
3 years ago
6

Which of the following statements regarding a monopolist is false? A. The marginal revenue cure lies below the demand curve for

the monopolists output. B. Unlike a perfectly competitive firm a monopolist faces little or no competition. C. The monoplist sets price equal to marginal cost to maximize profit. D. The monopolist may or this not earn positive economic profit.
Business
1 answer:
Sati [7]3 years ago
3 0

Answer:

C. The monoplist sets price equal to marginal cost to maximize profit.

Explanation:

To maximise the profit, monopolist charge price where MR = MC.

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The correct answer is the option B: branded.

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Secondly, the case of Lego is an example of branded content due to the fact that the company did not want to sell more products but instead <u>wanted to create a content that shows the values of the company such as imagination, being oneself and having fun</u>.

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Southwest Airlines offers vacation packages that include airfare, car rental, and lodging. Southwest is using a(n) ________ pric
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A pricing strategy in which managers offer multiple products or services as a single package ("bundle") is called bundle pricing.

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Particularly useful if your customers' demand is highly variable but price discrimination is impractical.

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