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maks197457 [2]
3 years ago
10

Explain why the marginal revenue curve facing a competitive firm differs from the marginal revenue curve facing a monopolist. un

like for perfectly competitive? firms, whose marginal revenue curves are the same as their individual demand? curves, a? monopolist's marginal revenue curve differs from its demand curve because
Business
1 answer:
ycow [4]3 years ago
8 0

The correct answer to this question is that:

In a monopoly, “the monopolist must lower the price on all units to sell one more unit of output”.

This means that in a monopoly market, if we increase the amount of output without lowering the price, the marginal revenue decreases. Therefore marginal revenue is indirectly proportional to number of outputs.

In a perfect competition however, the marginal revenue is constant to any amount of output.

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When a corporation sells all or substantially all of its assets to another corporation, generally,
Svetllana [295]

Answer:

a. a majority of both shareholders and directors must approve.

Explanation:

Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy

  • The Board of directors first have to propose a resolution regarding disposition which has to be approved
  • Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.
  • Such approval must be obtained by majority of the votes cast in it's favor.

In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.

4 0
4 years ago
How auto insurance companies manage risk ?<br>​
Nana76 [90]

____________________________________________________

Answer:

Insurance companies manages risk by balancing the low-risk drivers and the high-risk drivers. Insurance would charge higher rates for high risk drivers.

____________________________________________________

Explanation:

Insurance companies manages risk by sorting out the people who have a lower chance of risking a crash, with people who have a higher chance of risking a crash. They do this by charging low rates to the people that have a lower chance of causing a risk. They charge them low because they are trustworthy, and don't need to rack up a lot of money quick if they ever get into a crash. Remember, insurance makes people pay monthly so they could use that money in a accident.

But, this is different for people with higher risk. People that have a high risk of getting into an accident would be charged with a higher rate than people with lower risk. Insurance companies charge them with higher rates because since higher risk drivers get are more likely to get into an accident, insurance companies want to make sure that they can get the money for the accident as soon as possible. Insurance companies are the ones that pay for the accident, and that's why most places require you to have insurance while you drive.

____________________________________________________

4 0
4 years ago
Read 2 more answers
Intensive distribution is most likely to be used for Unsought goods. Convenience goods. Specialty goods. Shopping goods.
Volgvan

Answer:

The correct answer is letter "B": Convenience goods.

Explanation:

Intensive distribution is the act by which companies offer their products to as many stores as possible with the purpose of having the good available almost everywhere consumers go. This type of marketing strategy fits best with convenience goods such as grocery items, fuel or newspapers.

6 0
4 years ago
Which of the following is not possible?a. Demand is elastic, and a decrease in price causes an increase in revenue.b. Demand is
bekas [8.4K]

Answer:

b. Demand is unit elastic, and a decrease in price causes an increase in revenue

Explanation:

According tothe revenue theory in economics

when the demand is inelastic the relationship within price and total revenue is direct. either both increases or decreases

when the demand is elastin this relationship is inverve, teh increase in price generates a decrease in total revenue

while their decrease an increase.

But, if the demand is unit elastic then, there is no variation at all

According to this theory, option B is impossible.

8 0
4 years ago
Read 2 more answers
"Which indicator is the best for determining whether a client with Addison's disease is receiving the correct amount of glucocor
oksano4ka [1.4K]

Answer:

The correct answer is Daily weight.

Explanation:

Changes in weight can occur quickly. The treatments and medicines  used to fight the disease can affect the weight in a very short time.

Knowing the weight helps staff members make the safest and most effective choices.

• Doctors and pharmacists use weight to help decide the amount of medicine

That needs to be ordered.

• Nurses and doctors use daily weight to decide if it is necessary to increase or decrease fluids either by mouth or by vein.

Staff will monitor the weight before most clinic visits and at any time when they are admitted. Doctors and other staff members often decide the dose of medicines and the amount of serum needed early in the morning.

3 0
3 years ago
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