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
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.

<span> </span>

You might be interested in
My boss does not get the technical aspect of the job my group is trying to complete. I understand the intricacies of the project
Setler79 [48]

The given situation is called as “Expectation Management”

<u>Explanation: </u>

"The management of expectations is one of the most powerful weaponry in psychological warfare. In managing expectations people instinctively disregard other people's thoughts and then use the technique intentionally, considering own ideas as they reveal them to other people."

The manager knows just well the essence of your venture, his point of view is a little different from yours and you have to understand his point of view (or even more) because he wants to comprehend yours.

Therefore, the manager is less involved in the execution and the technical aspects of operation than can the performance and how it works to meet its organizational goals. And that's how you should refer to the manager. Clearly, your ability to provide is limited, depending on how many hours you work every day.  

Any requests he makes, create scope, calculate the cost (how fast), and ask him to give priority to other demands. On this basis, you can determine when you can provide what.

6 0
3 years ago
Unscramble the vocabulary word from Chapter 12: yalplor
makvit [3.9K]

Payroll is your answer.

Payroll is a list that have all employees listed on it as well as the amount they were to be paid during a certain amount of time.

~

7 0
3 years ago
The administrative activities of controlling, directing, and coordinating police personnel, resources, and activities in the ser
frozen [14]

Answer:

The statement is describing the functions of police management.

Explanation:

Just like managing a firm, managing the police works in a similar way: police directors have to plan, control, direct, and coordinate all aspects related to the police operations, both on a daily basis, and on a long-term basis.

It is very important to have good police management because police is a service that is public and crucial for citizens. The wrong kind of police management can cause safety and public order problems that can be very disruptive for daily life.

3 0
3 years ago
Severance pay plans grant employees weekly benefits in addition to state unemployment compensation. True
Yanka [14]

Answer:

False

Explanation:

In simple words, Severance pay can be understood as a salary and/or incentives given to an individual by a company after the job is over. In order to help an individual obtain a new job, severance arrangements can include additional rewards, such as life care and observer ship support.

Thus, the weekly benefits are not included in this and the above statement is incorrect.

4 0
3 years ago
Which one of the following statements best defines the efficient market hypothesis? A. Efficient markets limit competition. B. S
lubasha [3.4K]

Answer:

The correct answer is letter "D": All securities in an efficient market are zero net present value investments.

Explanation:

The Efficient Market Hypothesis (EMH) states that neither public or insider information cannot help in an attempt to beat the market because stocks already show all available information possible. Thus, neither using technical or fundamental analysis could be useful to predict future stock price movement.  

<em>In other words, in a market under EMH all stocks are zero Net Present Value (present value inflows minus present value outflows) investment vehicles.</em>

5 0
3 years ago
Other questions:
  • Suppose researchers at the University of Wisconsin discover a new vitamin that increases the milk production of dairy cows. If t
    14·1 answer
  • Peachtree company borrows $30,000 from the local bank at 7% interest. the term of the note is five years and the annual payments
    5·1 answer
  • Throughout the process of establishing its strategy, Acer’s leadership has monitored the strategies of HP and other PC manufactu
    8·1 answer
  • Esther is ninety years old, but she still shops for her own groceries every morning. When Esther was younger, she would head to
    12·1 answer
  • A profit-maximizing firm in a competitive market is able to sell its product for $7. At its current level of output, the firm's
    7·1 answer
  • Transactions involving items produced in the past, such as the sale of a 5-year-old automobile by a used car dealership or the p
    7·1 answer
  • You have just received an offer in the mail from Friendly Loans. The company is offering to loan you $4,500 with low monthly pay
    14·1 answer
  • A fee-for-service plan is an insurance plan that pays their share of covered_____ ______
    15·1 answer
  • General equilibrium considerations lead to the realization that import-substituting policies have the effect of_____. discouragi
    6·1 answer
  • As a recent college graduate, Eli started working for an export trading company. His job has already taken him around the globe
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!