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Dvinal [7]
4 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]4 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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3 years ago
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Ensuring that all the right people, equipment, and materials arrive on time is especially challenging when using which layout? M
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Answer: Fixed-position layouts

Explanation: Fixed-position layouts are employed to assemble large, bulky, or fragile products to safely and effectively transferred them to a particular site for completion. E.g Assembling of an airplane. furthermore, personnel, supplies, and equipment are brought to the location where the product will be assembled. In involves ensuring that all the right people, equipment, and materials arrive on time and this is a challenging tasks when using fixed-position layouts.

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Why did Krispy Kreme decide to manufacture all the donut mix and distribute it to the stores?
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Answer:

Option A

Explanation:

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They make all their dough of the product by themselves so that the neutrality regarding their consistency remains intact thought the country,

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4 years ago
Multiple Choice
pickupchik [31]

Answer:

inflation

Explanation:

7 0
3 years ago
Over the past several years, like other auto manufacturers, General Motors (GM) has introduced many new models of sport utility
Aleonysh [2.5K]

Answer:

D. Market maturity

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Over the past several years, like other auto manufacturers, General Motors (GM) has introduced many new models of sport utility vehicles (SUVs) in all of its major divisions. This proliferation of SUVs and an increase in gasoline prices have caused sales to level off. In response, General Motors offered rebates of up to $5,000, or no-interest financing, on selected models of SUVs. The largest rebates went to current owners of GM vehicles, so that they would replace their current vehicles with a GM model instead of switching to another brand. The rebates have been heavily advertised on national television. Profit margins per vehicle have shrunk as a result of these costly promotions.

General Motors is currently operating in the Market maturity stage of production life cycle.

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