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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.

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Statutory employees :a. Include common law employees.b. Report their expenses as miscellaneous itemized deductions.c. Claim thei
Sindrei [870]

Answer:

c Claim their expenses as deductions for AGI.

Explanation:

Their costs are specified in Schedule C, not Form 2106 (Option). Although subject to Social Security tax, they are not subject to income tax withholding (option). Legitimate employees are not common law employees (selected). Costs for AGI will be reduced  

3 0
2 years ago
Select the correct answer.
kondor19780726 [428]

Answer:

I went with c

Explanation:

3 0
2 years ago
Read 2 more answers
during the 1970s, some economists argued that the cause of the woes of the economy were due to . a.) increase in unemployment, a
mr Goodwill [35]

During the 1970s, some economists argued that the cause of the woes of the economy was due to d.) supply shock due to issues with the supply of oil

<h3>What was the economic crisis of the 1970s?</h3>

This refers to the term that is used to discuss and describe the economic crisis that threatened to engulf the United States financial sector due to certain influences such as the 1973 oil crisis, the fall outs of the Vietnam War under President Johnson and many other factors.

Hence, it can be seen that with these factors in mind, the main argument of some economists was that the cause of the woes of the economy was due to d.) supply shock due to issues with the supply of oil as can be found in option D which is true because of the supply shock which helped to cripple the US economy.


Read more about economic crisis of the 1970s here:

brainly.com/question/1549639

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6 0
1 year ago
Which one of the following businesses would be the most difficult to get funding for
Gennadij [26K]
You have not suggested a list considering your question asks "..following businesses..."
8 0
3 years ago
Suppose the banking industry just released a major annual report which indicated that the demand for housing increased by nearly
evablogger [386]

This increase in demand affect the demand for home loans does Demand shifts to the right

Explanation:

A change to the right in the price curve shows an rise in production. This may be attributed to many reasons, including an rise in wages, an improvement in replacement rates or a decrease in a supplement's demand.

Factors such as average income and expectations that shift to the right or to the left of an entire demand curve. This makes it possible to allow a larger or lower quantity at a specific price. Paribus presumption Ceteris. Market curves compare the demanded prices and quantities given no adjustment is made.

7 0
3 years ago
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