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
Helen [10]
3 years ago
5

A monopolist will find that its marginal revenue curve Grupo de opciones de respuesta Lies below its demand curve and has the sa

me slope as its demand curve. Lies above its demand curve and is flatter than its demand curve. Is the same as its demand curve. Lies below its demand curve and is steeper than its demand curve.
Business
1 answer:
alexdok [17]3 years ago
5 0

Answer:

Lies below its demand curve and is steeper than its demand curve.

Explanation:

The marginal revenue curve for a monopolist lies below the demand curve because of the quantity effect. The quantity effect refers to the fact that even a monopolist must lower its price if it wants to sell a larger quantity of goods or services.

The slope of the marginal revenue curve is steeper than the demand curve because it reflects the market power of the monopolist. Instead, the marginal revenue curve for a perfectly competitive firm (with 0 market power) is horizontal or perfectly elastic.

You might be interested in
If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sa
Helen [10]

There will be inadequate liabilities.

What Does Sales Revenue Mean?

Sales revenue is the money a business makes from selling products or offering services. Sales and revenue can, and frequently are, used interchangeably to refer to the same thing in accounting. It is significant to remember that revenue does not always equate to money received. One part of sales revenue may be paid in cash, and the other part may be paid on credit using methods like accounts receivable.

Either the gross revenue total or the net revenue amount can be used to represent sales revenue on the income statement. All deductions for product returns, the potential for undelivered items, and the cost of bad debt are all included in net revenue.

to know more about sales revenue

brainly.com/question/16232387

#SPJ4

8 0
2 years ago
Joe's income is $500, the price of food (F) is $2 per unit, and the price of shelter (S) is $100. Which of the following represe
Shkiper50 [21]

Answer:

A) 500 = 2F + 100S.

Explanation:

A budget constraint represents all the combinations of goods and services that can be purchased by a consumer given price and income.

I hope my answer helps you.

4 0
3 years ago
______ - _____ property is any property such as clothing, a home, or a car, that is for purposes OTHER THAN use in a trade, busi
abruzzese [7]

Answer:

Personal-use

Personal

Real

Explanation:

There are three types of properties which are shown below:

1. Personal use: These properties which are used by a person for their personal purpose rather than business purpose like - clothing, jewelry, home, car for their comfort and enjoyment.

2. Personal: These include those properties which are movable or transferable for one place to other like - machinery, furniture, other building,  etc as per the needs.

3. Real: These properties include properties that are non-movable i.e land, building, canals, etc. This is also known as immovable properties.

6 0
3 years ago
How groups function and, ultimately, their effectiveness hinge on group characteristics and processes known collectively as grou
Nikitich [7]
This is too much I can’t even understand it
4 0
3 years ago
Ramon works at Chicago Medical Instruments. His job was recently redefined so that he now has more flexibility in the hours he w
jolli1 [7]

Answer:

Chicago Medical Instruments is trying to change Ramon's job so that it has more:

B. Autonomy

Explanation:

Autonomy means being capable of making informed decisions. In the job is about the freedom an employee has to perfom the work. Chicago Medical Instruments is allowing more flexibility in the hours Ramon works and more say in the procedures he use on the job. So, this is giving him more freedom which means that he has more autonomy.

6 0
3 years ago
Other questions:
  • Assume that the farmer and the rancher can switch between producing pork and producing tomatoes at a constant rate. Assume that
    12·1 answer
  • Rex's doughnuts can produce only 100 doughnuts a day. the variable cost incurred per unit is $2 and fixed costs incurred per day
    14·1 answer
  • A company that makes organic fertilizer has supplied the following data: Bags produced and sold 200,000 Sales revenue $ 1,560,00
    7·1 answer
  • Even though federal law mandates that workers and firms each pay half of the total fica tax, the tax burden may not fall equally
    12·1 answer
  • Nike outsources the manufacturing of its athletic shoes and apparel to manufacturers throughout the world. it needs an effective
    11·1 answer
  • Suppose the S&P 500 index is currently 950 and the initial margin is 10%. You wish to enter into 10 S&P 500 futures cont
    12·1 answer
  • Alpha Corporation reported the following data for its most recent year: sales, $630,000; variable expenses, $280,000; and fixed
    8·1 answer
  • The short run is defined as A. a period of time of five years or less. B. the period of time in which all factors of production
    15·1 answer
  • Jim drops his car off at ABC Garage to have his exhaust system repaired and takes the train to work. When he returns, he finds t
    6·1 answer
  • Hector, a manager at Roseland Corp., recently illustrated __________ by promoting two employees because their performance had gr
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!