Answer:
Charge a higher price and produce less output
Explanation:
A monopolistic markets imeans that there is the absence of other suppliers of the same product or service, making them the sole market of the product or service. This can make them charge a premium to their customers. Consumers have no alternatives of options and are forced to pay the price for the goods dictated by the monopolist. ITherd is a tendency for the monopolist to make prices high high prices, it may not necessarily be a monopolistic behavior.
A monopolistic market can restricts output to raise the price leading to less production, which reduces total real social income.
$15,600 is the amount (in 000) of Sanco's sales in U.S. dollars
Explanation and Solution :
Because translations can be used to translate the financial results of Sanco presented in FCUs to U.S. dollars, transactions will be translated using the rate of exchange in effect at the time of each transaction or the weighted average exchange rate for the year.
In this scenario, the weighted average exchange rate for the duration shall be given as
1 FCU = $1,300.
The right dollar sum of revenue to Sanco will then be
12,000 FCUs x $1,300 = $15,600.
Manufacturers will work with specific retailers depending on where their target consumers expect to find their products in the process known as Consumer expectation.
<h3>What is
Consumer expectation?</h3>
Consumer expectations can be regarded as the economic outlook of households.
Expectations in the path of consumers help them in the bearing on current economic activity and help Manufacturers to work with specific retailers depending on where their target consumers.
Learn more about Consumer expectation at:brainly.com/question/2664098
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