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Rom4ik [11]
3 years ago
5

In unregulated monopoly: a consumers are confronted with a price that is lower than marginal cost. b consumers are confronted wi

th a price that is lower than average total cost. c because P > MC, a basic condition for efficiency is violated. d consumers will consume more of the good than is economically efficient. e consumers are faced with prices that are lower than marginal revenue.
Business
1 answer:
dsp733 years ago
3 0

Answer:

c. because P > MC, a basic condition for efficiency is violated.

Explanation:

An unregulated monopoly is a market in which monopoly holders have control over goods and services, giving them the ability to do whatever they like. Under unregulated monopoly, having a free market is impossible as price gouging is always evident.

In unregulated monopoly a basic condition for efficiency is violated because price is greater than marginal cost (P > MC).

Where P is the price and MC is the marginal cost of goods.

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horrorfan [7]

Answer

A. High interest rate and long time period conditions will maximize the amounts of interest you earn.

Explanation

When interest rates are high, there will be a higher increase from the savings and money invested that was first placed. Continuation of such a condition will in the long run caused an accumulation of the added interest thus making it to keep growing larger if not withdrawn.



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3 years ago
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Answer:

Explanation:

Building and Construction Industry Security of Payment Act 2002. Architects Act 1991. Occupational Health and Safety Act 2004. Domestic Building Contracts Act 1995.

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Suppose you take a short position of 1 million USD in the USD- MXN at 22.4015. What is the flow of MXN in your accounts
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Answer:

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7 0
4 years ago
Which US government agency creates regulations such as product labeling?
irga5000 [103]
The FDA, but I don't know what the others are.
4 0
3 years ago
When paul o’neill joined alcoa as ceo, he set a, that there would be zero workplace accidents. A lot of people in the organizati
natulia [17]

Answer:

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4 years ago
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