1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DiKsa [7]
3 years ago
8

For a monopolistically competitive firm, at the profit-maximizing quantity of output, a. price exceeds marginal cost. b. margina

l revenue exceeds marginal cost. c. marginal cost exceeds average revenue. d. price equals marginal revenue.
Business
1 answer:
Damm [24]3 years ago
3 0

Answer:

<h2>The answer in this case would be option a. or price exceeds marginal cost.</h2>

Explanation:

  • Monopolistic competition is a particular type of market structure where multiple or many firms or companies are producing and selling differentiated or heterogeneous products or services.
  • A monopolisticially competitive firm maximizes its profit by producing the output level at which the marginal revenue or the additional or incremental revenue obtained from selling one more unit of output is equal to the marginal cost or the additional or incremental cost or expense incurred by the firm or company to produce that one more unit of the output.
  • The monopolistically competitive firm charges per unit price of the output which is equal to the demand for any particular product or service in the market and higher than both marginal revenue and marginal cost or above the point where both are equal.Hence,the price charged by the monopolistically competitive firm is higher than both marginal cost and marginal revenue of production.
You might be interested in
Sentinals FC, a soccer club, is hiring new players. The applicants are required to be of a certain height and physical build to
STatiana [176]

Considering the situation described in the question, the phrase that exemplified the situation is "disparate impact."

This is because the disparate impact is a phenomenon or situation that occurs when some policies or decisions are made in a neutral sense.

However, the effect of such policy appears to affect a certain set of people, thereby appearing as if it is discrimination.

In other words, a disparate impact is a form of unintentional discrimination that is originally established as impartial policies or regulations that are made generally but whose effects appear to affect a certain set of people.

In this case, the policy made by Sentinals FC on hiring new players affects a certain set of people.

Hence, in this case, it is concluded that the correct answer is "disparate impact."

Learn more here: brainly.com/question/20510564

8 0
2 years ago
Which one of the following is not a part of the business case for why companies should act in a socially responsible manner? A.
Amanda [17]

Answer:

Every business has a moral duty to be a good corporate citizen.

Explanation:

Businesses are formed to make profit, and this is the primary goal of businesses. So when making a business case for a company to act in a socially responsible manner, the benefit to the business as profits is the primary consideration.

If it is argued that every business has a moral duty to be a good corporate citizen, it does not translate to profits or benefit for the company.

So this is a weak argument when a business case is being created for why businesses should act in a socially responsible manner.

3 0
3 years ago
The systematic risk principle states that the expected return on a risky asset depends only on the asset’s ___ risk.
Ahat [919]

The systematic risk principle states that the expected return on a risky asset depends only on the asset’s <u>market </u>risk.

<h3>What are systematic risk principles?</h3>

According to the systemic risk concept, the expected return on an asset is solely determined by its systematic risk. As a result, regardless of how much overall risk an asset carries, just the systematic part is significant in estimating the expected return (including risk premium) on such asset.

Market risk is a kind of systematic risk that affects the entire market. Because it cannot be diversified and distributed, the investor is compensated for it.

Learn more about systematic risk principles here:

brainly.com/question/25821437

#SPJ1

Learn more about systematic risk principles here:

5 0
2 years ago
Please help im on a timer
Dafna1 [17]

Answer: are higher than average, because the job sector is rapidly growing.

Explanation: More and more people are using technology by the percentage so it goes up often

This is the option out of all that make sense, and i just took the test and it is correct.

7 0
3 years ago
Lena and Joe are two of the partners in a business Lena makes $3 in profits for every $4 that Joe makes if Joe makes $60 profit
melomori [17]
Lena makes $45 profit.

Extra information:

The amount of profit Lena makes is 3/4th of the profit Joe makes, seeing as when Joe makes $4 profit, Lena makes $3 and $3 is 3/4th of $4. Therefore, when Joe makes a profit of $60, Lena makes a profit of (60 x 3/4) $45.
7 0
3 years ago
Other questions:
  • What can be concluded if the number of movie tickets sold increases by 10 percent when the price is cut by 20 percent, other thi
    7·1 answer
  • Assume the following: Sales = $400M; Net Income = $60M; TA = $350M; and there is $0.50 in total debt per dollar of total equity.
    9·1 answer
  • Last year, DJ's Soda Fountains, Inc. reported an ROE = 27 percent. The firm's debt ratio was 50 percent, sales were $9 million,
    8·1 answer
  • How does specialization affect voluntary exchange between countries?
    5·1 answer
  • Which transaction has no effect on owners equity
    13·2 answers
  • What type of tax structure is the “fairest.” What, if any, alternative tax structure would you propose to replace the federal in
    10·1 answer
  • If you are employed to advertise a product, according to the text, the first thing you should consider in planning your advertis
    12·1 answer
  • What term refers to the process used to produce a good or service, such as using a robotic device to assemble cars? open opportu
    8·1 answer
  • Does anyone’s else’s teacher do this and does not let you complete the test-
    6·1 answer
  • Which of the following is a reason you can be fired under an employment at
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!