Answer:
monopoly firms will operate at a loss because P =MC.
Explanation:
In the case when the government needed to regulate the natural monopoly to price at the marginal cost so here the firm i.e. monopoly would operate at the loss because the price is equivalent to the marginal cost
i.e.
P = MC
Therefore as per the given situation the option d is correct
What new laws to the New York factory investigating commissions request check all that apply
1. no factory workers under age 10
3. a minimum wage for all workers
4. increased sanitation standards
Explanation:
The answer is B$50.66 that's what I got
Answer:
whether they could trust each other to raise the price of a roll of titanium wire and decrease advertising to raise economic profit
Explanation:
A duopoly occurs when only two sellers in a market control the supply and price of a product.
World metalsworld metals and zhing xu metalszhing xu metals are the only major producers of a high dash grade titanium wire.
They are both advertising aggressively, but if they agree to collaborate there will be reduced need for advertising.
Them they can both raise the price of titanium wire in order to make more economic profit.
Answer:
$6360
Explanation:
Contract value when the trader sold short = 76.98c * 50000 = $38,490
Contract value when he closed out his contract = 64.26c * 50000 = $32,130
Since the trader had sold short, he is speculating that the price of the futures contract will go down. The value of the contract did go down (in the traders favor) so the difference in value when he sold short and when he closed out his contract will be the profit gained in dollars. Please note that the initial futures prices are quoted in cents and would need to be converted to dollars by dividing by 100c i.e. 3,213,000c = $32,130
Therefore the profit made by the trader in dollars is $38,490 - $32.130 = $6360
