Answer:
The firm should increase output and reduce price
Explanation:
For a monopolist, there can be one of the following three scenarios at a time point in time:
Scenario one, MR = MC: For a monopolist, profit is maximized at the point where marginal revenue (MR) is equal to to marginal cost (MC), i.e. where MR = MC.
Scenario two, MR < MC: But when the MR < MC, it indicates that the monopolist is currently producing a higher quantity of output and it is not maximizing profit. In order to maximize profit, the monopolist has to reduce output until MR = MC.
Scenario three , MR > MC: But when the MR > MC, it indicates that the monopolist is currently producing a lower quantity of output and it is not maximizing profit. In order to maximize profit, the monopolist has to increase output until MR = MC. Also, the monopolist has to reduce price in order to sell the increased quantity of output.
From the question, the monopolist falls into scenerio three as MR > MC, i.e. $45 > $35. Therefore, the monopolist should increase output until MR = MC and reduce price in order to maximize profit.
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• be early
• do your research
• bring a copy of your resume/portfolio
• be prepared to answer questions and ask important questions
• don’t lie or overshare
• check nonverbal cues (firm handshake, eye contact, smile, good posture, take notes, etc)
• dress appropriately (no jeans, t-shirt, or shorts)
• use a blue or black ink pen
• know your interviewer
• send them thank you note
• be friendly and confident
• watch what you eat (eat a healthy meal before going to your interview)
• be yourself
Answer:
A. True
Explanation:
The debt utilization ratios is used to determine the comprehensive picture for the long term financial health of the company or the solvency of the company.
The debt ratio is defined as the financial ratio which shows the percentage of the assets of an organization which are provided through a debt. When the ratio is higher, the risk involved with the operation of the firm is more.
Thus, for a high debt utilization ratio, it will always increase the return of the organization on the equity for a positive return on the assets of the organization.
Thus, the answer is TRUE.
Answer:
The correct answer is (D)
Explanation:
A negative externality is a cost that is endured by an outsider as an outcome of a financial exchange. In economic exchange, the manufacturer and customer are the first and second parties, and the third party is the one who suffers from the transaction it incorporates any individual, association, land, and owner. The dry-cleaning business is creating a lot of negative externalities that equilibrium cost is too high ever to be ideal, and the equilibrium quantity is excessively low.
