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Marrrta [24]
3 years ago
9

A monopolist:

Business
1 answer:
Llana [10]3 years ago
5 0

Answer:

The answer is C. can earn profits or incur losses in the short run.

Explanation:

A monopolist maximizes profit or minimizes losses by producing that quantity that corresponds to when marginal revenue = marginal cost. However, if the average total cost is above the market price, then the firm will incur losses, equal to the average total cost minus the market price multiplied by the quantity produced

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An offer to enter into a contract can be terminated by
nalin [4]
Offer is a definite undertaking or proposal made by one person to another indicating a willingness to enter into a contract. The offer must be communicated to the offeree and must be <span>sufficiently definite and certain.</span>
An offer to enter into a contract can be terminated by lapse of time, r<span>evocation ,
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6 0
3 years ago
A(n) _____ strategy identifies the set of businesses, markets, or industries in which the organization competes and the distribu
Ksju [112]
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7 0
3 years ago
decrease in demand for a product, holding other things constant, will decrease the marginal revenue product of labor. O have an
kirill [66]

Answer:

Decrease in demand for a product, holding other things constant, "will decrease the marginal revenue product of labor".

Explanation:

The extra revenue that a firm earns as a result of a newly hired worker is known as the marginal revenue product of labor.

A new worker is hired to increase the quantity of goods produced and consequently, increase the firm's revenue through sales of the goods.

If however, more goods are produced but the demand for the product decreases, then this will cause a decrease in the marginal revenue product of labor.

In other words, the firm won't earn extra revenue if the products are not being bought.

3 0
3 years ago
During the Great Depression, consumer spending was higher than ever in history.
Nata [24]

Answer:

False

Explanation:

They were struggling with money so they couldn't spend very much.

7 0
3 years ago
Read 2 more answers
The current spot exchange rate is $1.55/€ and the three-month forward rate is $1.50/€. You enter into a short position on €1,000
Ugo [173]

Answer:

A. Lost $100

Explanation:

Short position refers to a trading technique which involves selling the currency for it to buy later and make a profit.

To calculate the loss if you don't have a forward contract:

Your loss will be

= €1,000 x ($1.50/€ - $1.60/€)

= $100

7 0
3 years ago
Read 2 more answers
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