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
svp [43]
3 years ago
14

When we compare economic welfare in a monopoly market to a competitive market, the profits earned by the monopolist represent A.

a loss in total welfare. B. a transfer of benefits from the consumer to the producer. C. the higher marginal revenues gained by the monopolists in comparison to competitive firms. D. the higher marginal costs incurred by the monopolists in comparison to competitive firms.
Business
1 answer:
Nina [5.8K]3 years ago
3 0

Answer:

The correct answer is option B.

Explanation:

In a perfect competition firms are price takers and have only normal profits. On the contrary, a monopoly firm are price makers and can have positive profits.

The consumer surplus gets reduced in monopoly and the producer surplus is greater. The profits in the monopoly firm shows the transfer of surplus of benefits from consumers to the producer.

So, option B is the correct answer.

You might be interested in
A__________ gap exists when a firm knows what it needs to do to meet customers' service expectations but sometimes fails to do i
astra-53 [7]

Answer:

a. delivery

Explanation:

The delivery gap is that gap which shows a difference between the company service timing and actual service timing that is given to the customer

The motive of the organization is to deliver the productions within the prescribed time so that the customers can get maximum satisfaction.  

But if the delivery is not made with the given that, the customer expectation falls which ultimately reduces the customer satisfaction towards the products delivered to them.

8 0
3 years ago
How is nominal gdp converted to real gdp?
Artemon [7]

By eliminating the effects of price increases on GDP growth

5 0
3 years ago
When the Federal Reserve lends money to banks and other financial institutions because no one else will, it is: Please choose th
inessss [21]

The Federal reserve is acting as a lender of last resort when its lends money to banks and other financial institutions because no one else will/

<h3>What is the Federal Reserve?</h3>

It is the United states central banking system that is responsible for the nation's monetary policy and regulation of the supply of money and interest rates.

One of the role of Federal reserve is to act as a lender of last resort when its lends money to banks and other financial institutions because no one else will.

Therefore, the Option A is correct.

Read more about Federal Reserve

<em>brainly.com/question/25843620</em>

#SPJ12

7 0
1 year ago
A TIPS was issued with a par value of $1000, a coupon rate of 2.5 percent, and a reference CPI of 204.89. What is the correct ca
Andre45 [30]

Answer:

$12.53

Explanation:

Data provided in the question

Par value = $1,000

Coupon rate = 2.5%

Reference CPI = 204.89

Now CPI = 205.44

By considering the above information, the correct calculation of the current interest payment is

= Par value × Current CPI ÷ Reference CPI × Coupon rate ÷ 2

= $1,000 × 205.44 ÷ 204.89 × 2.5% ÷ 2

= $12.53

We assume the interest is on semi annual payments

5 0
3 years ago
Which fifth factor of production do many economists now include in addition to the four traditional factors of​ labor, capital,​
Tomtit [17]

Answer:

The correct answer is E, Information Resources.

Explanation:

Factors of production include Labor, Capital, Entrepreneurs and physical resources. But in the recent years, information has become the vital resource for organizations. Correct information and knowledge about a specific thing is crucial to the organization. For example if a company wants to introduce its new product and specifies a target audience, if the company doesn't get the accurate information about the needs and demands of that specific target area, other factor of production won't be of any use. So this information resource has become a vital and important part of the factors of production.

7 0
3 years ago
Read 2 more answers
Other questions:
  • When JCPenney markets its Sandra Salcedo line of clothing to Hispanic women in Texas and Northern California, but not to other a
    14·1 answer
  • The commercial banking system has excess reserves of $200,000. Then new loans of $800,000 are subsequently made, and the system
    15·1 answer
  • Which of the following could have caused the variance
    12·1 answer
  • Consider three bonds with 6.8% coupon rates, all making annual coupon payments and all selling at a face value of $1,000. The sh
    10·1 answer
  • What are the five key steps to applying the revenue recognition principle? 2. What are indicators that control has passed from t
    15·1 answer
  • List 5 ways you can reduce the chance of loss at your home.
    12·1 answer
  • Can regional level employment be converted into national level<br>employment? Why? Why not ?​
    15·1 answer
  • In at least 150 words, examine the elements that might lead to a worker receiving a higher salary. Be sure to provide details an
    9·1 answer
  • Economists Kenneth Chay and Michael Greenstone found that in the two years following the passage of the Clean Air Act of 1970, t
    7·1 answer
  • Dnstrstdhfgjfuufuufdydydyufcjcjigjvcjfrdgddfhh
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!