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
Dvinal [7]
3 years ago
11

Suppose that a profit-maximizing monopoly firm undergoes a substantial technological change that reduces its marginal and averag

e total costs by $40. If in response to its reduction in cost the firm changes its price in a profit-maximizing way, then we can predict that its total economic profit will:rise.It is not possible to make a determination from the information given.remain unchanged.fall.
Business
1 answer:
Svetradugi [14.3K]3 years ago
4 0

Answer:

Rise

Explanation:

A monopoly is defined as a market situation where only one seller determines the supply and price of a product, because they are the only ones that produce it.

When forms make technological advancements, they are able to make processes cheaper. So there is more money saved that can be used to increase production.

In this scenario for every product manufactured there is a $40 saved. This excess cash can be put back into the production to increase the output and profit.

You might be interested in
Can a person’s general attitude toward risk be applied to his/her approach to investing
seropon [69]
Yes it can be applied.
If an investor is pessimistic that a certain risk that they fear will occur, they avoid investing in the fields prone to the risk. 
For example, if an investor is offered an opportunity in the oil and flammable fuels and the persons dreads fire, that person declines the offer no matter how viable it is.
7 0
3 years ago
Prepare a marketing plan to market yourself. Visit a career website and locate three careers listed on the website and determine
enyata [817]

Answer:

kailangan meron ka companies

Explanation:

advance mag isip wag dto

8 0
3 years ago
Select the examples that best demonstrate likely tasks for Science and Math workers.
Kazeer [188]
A, B, and C would best demonstrate the tasks.
7 0
3 years ago
An insurance policy with a higher premium most likely has
Alexxandr [17]
An insurance policy with a higher premium most likely has a lower deductible
5 0
3 years ago
Megan is a salesperson for an industrial chemical manufacturer. While reviewing her new leads, Megan learned that two of the lea
kati45 [8]

Answer:

B) they do not have a need for the products or services her company is offering

Explanation:

The reason why Megan will not consider the two prospects qualii leads is if they do not need her companie's products.

For these other options, they have the need but need further follow-up

a. They do not have the budget or financial resources to purchase the product.

c. They are too busy to meet with salespeople.

d. They do not have the authority to make a purchase decision.

e. They are not in her company's target market.

5 0
3 years ago
Other questions:
  • ​$1,200 is received at the beginning of year​ 1, $2,200 is received at the beginning of year​ 2, and​ $3,300 is received at the
    5·2 answers
  • Janet reasons, "It is wrong to lie. However, it is okay to overstate my expense account on my recent business trip because I nee
    5·1 answer
  • An Investment Adviser Representative has started a blog on the Internet to promote her services to interested parties. The blog
    9·1 answer
  • Like every individual business must have
    15·1 answer
  • The extent to which a job requires that a worker perform all the activities that are required to complete a job is called:
    15·1 answer
  • Interorganizational systems are examples of _____.
    5·1 answer
  • On an 8% straight term loan of $6,071, the borrower paid total interest of $1,700. how long did he have the loan?
    14·1 answer
  • Layton Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.6 percent paid semiannually and 13 years to maturit
    10·1 answer
  • Helppppp correctly answer get a Brainliest.
    10·2 answers
  • If you have a $500 deductible and you have an accident that causes $4,500 in damages, the amount the insurance will be paying is
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!