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MArishka [77]
3 years ago
8

A manager of a monopoly firm notices that the firm is producing output at a rate at which average total cost is falling but is n

ot at its minimum feasible point. the manager argues that surely the firm must not be maximizing its economic profits. the​ manager's argument is
Business
1 answer:
bogdanovich [222]3 years ago
4 0
<span>It is due to the profit maximising rule in a monopoly is Marginal Revenue=Marginal Costs (MR=MC). If the price or the output is below the ATC then the firm is operating at a loss; however, should shut down production until price or output is less than AVC.</span>
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Why are certain crime losses, such as the theft of furs and jewelry, a more difficult exposure to insure than fire loss?
a_sh-v [17]

Answer:

It is very simple, if your house burns down, the evidence is there. All you need to do it look at a house that burnt down either completely or partially, but its easy to verify.

On the other hand, if you report that a necklace was stolen, it is really difficult to verify. Unless it is a unique jewel that is worth a ton of money, you could have simply given it away as a gift and then report it as stolen. The opportunities for insurance fraud are many when dealing with jewelry or other valuable objects that can be moved around easily.

The second question about different grants of authority refer to the organizational structure of a company. E.g. a salesperson in Best Buy is able to sell any item or items to regular customers. But sometimes a large order comes and the company must decide whether to discount the price or not, and then management kicks in and decides. The same happens to insurance agents. A company decides that some agents deal with policies that involve X amount of risk. If the level of risk is higher, they must work with other agents that are authorized to deal with high risk policies. It is basically a clearance level where employees are authorized up to this amount, and above that amount, other employees must be involved.

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3 years ago
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posledela
The danger temperature zone is a range between 40°F and 140°F. My guess would be 41°F
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4 years ago
When assigning employees to an important new advertising client account, you make sure that the team has members with many types
sergiy2304 [10]

Answer:

It is an example of variety diversity

Explanation:

Variety diversity is the term which is defined as the team that involves or comprise of the marketing professional, specialist, head of advertising department, legal expert and advertising professional.

In this case, when the employees assigned important advertising account, then they make sure that the team comprise of different kind of expertise which could help in generating the creative ideas. Therefore, it is example of variety diversity.

7 0
3 years ago
A conflict that occurs over natural resources in a municipality is typically which of the following type of conflict?
dybincka [34]

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Local

Explanation:

It's local because it has to do with a town or district.

8 0
3 years ago
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The contribution margin ratio is:_______.
cupoosta [38]

Answer:

a. contribution margin divided by sales

Explanation:

The contribution margin ratio is the relationship between contribution and sales. The contribution margin ratio is determined by dividing contribution with the sales amount.

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3 years ago
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