All categories

3 years ago

"other things being equal, which market structure would produce the least output and the highest average product price

Business

1 answer:

weqwewe [10]3 years ago

5 0

Answer:

The answer is monopoly.

Explanation:

Monopoly is a market type where there is only one producer that is capable of manufacturing a certain product. In this type of market, the producer is capable of producing the smallest amount of products and setting the price that the consumers should pay to purchase the product. The former is possible mainly because the company is capable of knowing how many products do they need to manufacture to achieve the target profit – their sales projection tends to be more accurate than other companies that operate in a different market type.

You might be interested in

Economists have used the ultimatum game and the dictator game in experiments designed to determine a. whether consumers believe

Alona [7]

Answer: Option(b) is correct.

Explanation:

Correct option: Whether consumers care about fairness when they make decisions.

The Ultimatum game and the dictator game economists generally used to know the fairness and the economic behavior of the consumers.

The dictator game is a derivative of the ultimatum game.

From these two games it was seen that consumers firstly thinks about their own payoff and split the amount in an unequal ratio.

In the ultimatum game, a sum of money will be given to a person and asked him to split the amount with the other person. If the other person accepts his offer then they both get the decided amount and if the other person rejects his offer then they both get nothing.

This gives us the consumers preferences, economic behavior or whether they care about the fairness or not.

7 0

3 years ago

Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business

kirza4 [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Budgeted sales for the first three months of business are $250,000, $320,000, and $410,000, respectively, for September, October, and November. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale, 30% in the month following the sale.

Cash collection:

Cash= 320,000*0,25= 80,000

Account= (320,000*0.75)*0.7= 168,000

From September= (250,000*0.75)*0.3= 56,250

Total= $304,250

8 0

3 years ago

What are four things you can do during an interview to ensure you project a positive attitude?

goblinko [34]

Answer:

Make Eye contact, Smile every once and awhile, speak respectfully, thank them for their time after the interview is over

Explanation:

6 0

3 years ago

Read 2 more answers

g The current ratio is a.a solvency measure that indicates the margin of safety for bondholders. b.used to evaluate a company's

adoni [48]

Answer:

b.used to evaluate a company's liquidity and short-term debt paying ability.

Explanation:

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables.

The current ratio is sometimes referred to as the “working capital” ratio and helps investors understand more about a company’s ability to cover its short-term debt with its current assets.

A company with a current ratio less than one does not, in many cases, have the capital on hand to meet its short-term obligations if they were all due at once, while a current ratio greater than one indicates the company has the financial resources to remain solvent in the short-term.

3 0

3 years ago

The secretary of state publishes the ________, which is the source of official notices or rules, meetings, executive orders, and

valkas [14]

Answer:

texas register

Explanation:

The Texas Register, distributed regularly, reports state agency policy creating and enforcement acts, assignments of governors, secretary of state decisions, legislation requests, and other sundry records.

Formed via a collaboration with the Secretary of State's Department of Texas, Texas Register Page, this collection offers free exposure for all Texas Register problems from Title 1, No. 1 (January 6, 1976). Towards the moment.The Texas Register's latest specific problem is first listed on a Texas Register Website, whereby they keep access to that of the Texas Register's very recent six (6) months problems.

5 0

3 years ago

"other things being​ equal, which market structure would produce the least output and the highest average product​ price

"other things being equal, which market structure would produce the least output and the highest average product price