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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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One Laptop Per Child is a nonprofit initiative with the goal of making extremely low-cost laptops available to children in the d
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Reverse innovation

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In a spreadsheet, there are many features that help you edit quickly.<br> O True<br> O False
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Answer:True

Explanation:There are many form a quick editing hoped this helped ;) ... In a spreadsheet, there are many features that help you edit quickly.

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3 years ago
Read 2 more answers
Inventories are part of investment and therefore included in gdp because
Natasha_Volkova [10]

Answer:

Explanation:

Inventories are part of investment and therefore included in GDP because firms produce goods and these goods may be unsold at the time GDP is computed

The value added method of calculating GDP recognizes inventory. Value added from raw materials to work in process and to finished goods are part of what goes into the computation of GDP

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3 years ago
How can parties that have unequal bargaining power negotiate meaningfully,
kompoz [17]

Answer:

Through Collaborative bargaining

Explanation:

Parties that have an unequal bargaining power can negotiate meaningfully, without one party taking advantage of the other through the method known as <u>collaborative bargaining</u>. In collaborative bargaining, both the involved parties listen to each other’s claims and issues and then collaborate to come to a consensus. There is transparency in the overall bargaining process and hence there is very less probability that one party is taking advantage of the other party.

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3 years ago
Abbey Company completed the annual count of its inventory. During the count, certain items were identified as requiring special
masya89 [10]

Answer:

Here is the complete question with options: Abbey Company completed the annual count of its inventory. During the count, certain items were identified as requiring special attention. Decide how each item would be handled for Abbey Company's inventory.

item#1: Goods in transit shipped to Abbey(Purchaser) FOB destination:

item#2: Goods in transit shipped to Abbey(purchaser) FOB shipping point.

item#3: Goods in transit shipped by Abbey(seller) FOB destination.

item#4: Goods in transit shipped by Abbey(seller) shipping point.

Now, checking how these items are handled by Abbey company´s inventory.

item#1: Goods in transit shipped to Abbey(purchaser) FOB destination: Excluded from inventory as goods has not arrived to the buyer´s place, therefore, ownership will not be transferred.

item#2: Goods in transit shipped to Abbey FOB (purchaser) shipping point: Included in inventory as goods are shipped to shipping point, so ownership will be transferred if carrier accept the goods from the seller.

item#3: Goods in transit shipped by Abbey FOB(seller) destination: Included in the inventory as Abbey owns the goods while goods is in transit.

item#4: Goods in transit shipped by Abbey(seller) shipping point: Excluded from inventory as a seller, Ownership has been transferred from Abbey.

4 0
3 years ago
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