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Mashutka [201]
3 years ago
7

A monopoly that is maximizing profits operates in the ________ portion of the demand curve.

Business
1 answer:
Alekssandra [29.7K]3 years ago
8 0
In the elastic portion of the demand curve.
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Answer: $2.64

Explanation:

Based on the information given in the question, the outstanding diluted share will be calculated as:

= 300,000 + 15000(5/30)

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= 302500

The amount that Kasravi Co. should report for diluted earnings per share for the year ended 2018 will be calculated as:

Diluted Earning per share = Net income /outstanding diluted share

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3 years ago
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ELASTIC

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Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

The demand for your parking lot spaces is elastic. if the price of parking is reduced, the demand for parking would rise

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Which pricing policy is probably "best" for a profit-oriented, low-cost producer who is introducing a new product into a market
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What's a name idea for a blue lipe gloss?
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