1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
posledela
3 years ago
8

In a monopoly market, Select one: a. other firms have no incentive to enter the market. b. profits will always be positive becau

se the firm is the only supplier in the market. c. the demand facing the firm is downward-sloping because it
Business
1 answer:
Ratling [72]3 years ago
4 0

Answer: Option (c) is correct.

Explanation:

Correct option: The demand facing the firm is downward-sloping because it is the market demand.

In a monopoly market conditions, there is a single seller in the market and the monopolist firm is price setter. But the demand curve faced by the monopoly firm is downward sloping because monopolist is a single firm who is operating in the market and there is a need to reduce prices if he wants to sell an additional units.

You might be interested in
The following data represent quantities of tea leaf pluckings (tender shoots from tea plants) from sixteen different plots of te
mr_godi [17]

Answer:

Explanation:

1)H_0 : All group means equal or \mu _1=\mu _2=\mu _3=\mu _4

H_1:\mu 1=\mu 2=\mu 3\neq \mu 4

At least one of the treatment group means are different

ANOVA TABLE      

<u>Source of Variation    SS         df      MS            F          P-value        F crit </u>

Between Groups       213.5      3    71.16667   0.65 0.5975     3.490295

Within Groups          1312.5      12   109.375  

MSB = SSB / DFB = 71.16667

MSE = SSE / DFE = 109.375

F = MSB / MSE = 0.650667

3) P-value: 0.597576

The test statistic is not significant and failed to reject the null hypothesis.

4) The test statistic is not significant. So, there is no evidence to conclude that there is a difference between groups.

4 0
3 years ago
A vendor makes a new smartphone and presells four thousand units for $300 each. The factory has the capacity to produce one thou
Oksanka [162]

Answer:

2. Limited supply would increase the price

Explanation:

In the given case the vendor sells in advance four thousand units for $300. While the installed capacity of the factory being to produce 1000 smartphones every month.

Expected sales being 500 units per month.

During the first few months, since the seller has already successfully sold 4000 smartphone units, high demand for the smartphones is evident.

Since the supply is limited to 1000 units only in a month and the quantity demanded being more as is evident by 4000 units being pre sold, during the initial phase, this would create a high demand.

And since the supply is limited, the seller will have to increase the price as the demand is lot more.  

7 0
3 years ago
The pharmaceutical company Merck's new drug Vioxx was a blockbuster, generating revenues of $2.5 billion a year by 2002 and grow
marissa [1.9K]

Merck provides an example of what can happen if a company deviates from its : Core values

<h3>What are core values?</h3>

The core values of an organization are those values we hold, which form the foundation on which we perform work and conduct ourselves.

The core value of a company are those enduring principles that govern it's fundamental conduct towards attainment of it's goals. It is usually a passionate pledge on the principles that the organization stands for.

Hence, Merck provides an example of what can happen if a company deviates from its core values.

Learn more about core values here : brainly.com/question/14595106

6 0
2 years ago
Prime Company began operations in January, 2019, by issuing 5,700 shares of 9%, cumulative, $65 par value preferred stock and 25
8090 [49]

Answer:

Preference dividend = 9% x $65 x 5,700 shares

                                = $33,345

Dividend paid to ordinary shareholders = $50,000 - $33,345

                                                                 = $16,655

Explanation:

The dividend paid to preferred stockholders is 9% of the par value multiplied by number of preferred stock outstanding. The dividend paid to common stockholders is the difference between total dividend paid and dividend paid to preferred stock holders.

6 0
3 years ago
A target audience is a the whole group of consumers that will see an advertisement or an advertising campaign. T/F
ELEN [110]

Answer:

The correct answer is "True"

Explanation:

In marketing, A target audience is a group of customers classified as the targets or for a particular advertisement or message.

6 0
3 years ago
Other questions:
  • Nefchio is a popular website among online gamers. It uses interactive and collaborative features to create a richer, more intere
    13·1 answer
  • Jim's Espresso expects sales to grow by 10.3 % next year. Using the following statements and the percent of sales​ method, forec
    14·1 answer
  • A cover letter accompanies a résumé to showcase a job-seeker's personal life.<br> True<br> False
    14·1 answer
  • Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,250,000, and it ha
    5·1 answer
  • The rental income generated by a lease can depend significantly on the proportion of property-level operating expenses paid by t
    12·1 answer
  • On October 31, 2018, your company's records say that the company has $20,419.93 in its checking account. A review of the bank st
    10·1 answer
  • Assume that in a monopolistically competitive industry, firms are earning economic profit. This situation will:
    9·1 answer
  • When an interviewer says, “Tell me about yourself,” you should feel free to talk openly about your personal life.
    8·2 answers
  • Provo, Inc., had revenues of $10 million, cash operating expenses of $5 million, and depreciation and amortization of $1 million
    11·1 answer
  • Explain the required steps to complete a work sheet by placing the following steps in the correct order. (Put the first step at
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!