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Wittaler [7]
3 years ago
6

g If two duopolists arrive at the Nash equilibrium output level, the total quantity of the good on the market will be __________

the total quantity on the market if the market were perfectly competitive and __________ the total quantity on the market if the market were controlled by a monopoly. less than; less than less than; greater than greater than; greater than greater than; less than greater than; equal to
Business
1 answer:
coldgirl [10]3 years ago
6 0

Answer:

Less than; Greater than.

Explanation:

The total goods quantity will be lesser in a competitive market while it will be greater in a monopoly state or market.

This also explains optimal price which can be defined as the price at which the seller can make the highest profit possible, that is, the seller’s price is maximized. The rule of marginal output postulates that profit is maximized by producing an output, whereby, the marginal cost (MC) of the last unit produced is exactly equal to the marginal revenue (MR).

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____ is called the "first" management function because all other management functions depend on it.
Papessa [141]

Answer:

D

Explanation:

A statement of the basic purpose that makes the organization different from others.

8 0
4 years ago
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Ben's Border Café is considering a project which will produce sales of $16,000 and increase cash expenses by $10,000. If the pro
Finger [1]

Answer:

the amount of the operating cash flow using the top-down approach is $4.500

Explanation:

operating cash flow using the top-down approach

operating cash flow =Sales- increase cash expenses -increase in tax

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Note:increase cash expenses and increase in tax are cash  outflow . Depreciation has not been considered as it is a non cash expenditure.

7 0
4 years ago
Why is the demand for most services--such as popular restaurants--extremely time-and-place dependent?
arlik [135]
The reason why the demand is extremely time-and-place dependent would be: <span>Because customers must be present for service to be delivered
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8 0
3 years ago
Typically, a steering team or leadership team is responsible for all of the following project related roles EXCEPT: Answer selec
Elena-2011 [213]

Answer:

Providing rigid policies, procedures, standards and guidelines

Explanation:

Steering team or leadership team is the leading decision meeting committee which is responsible to implement different projects to increase the profitability of stakeholders and shareholders. The leadership team is responsible to select important projects and ensure effective procedures and report progress. The management or the manager is responsible to provide rigid policies, procedures and guidelines.

5 0
3 years ago
Suppose workers notice a fall in their nominal wage but are slow to notice that the price of things they consume have fallen by
kvasek [131]

Answer:

The correct answer is <em>Temporarily low and so supply a smaller quantity of labor</em>.

Explanation:

The inflation index is a variable that takes little to be identified by people. Although the price of products may have volatile movements, a decrease in the first place will lead to "Normal" behavior, which is expected to increase in the future.

In terms of work, it influences negatively because employees will feel little commitment and will be discouraged to see a decrease in their income.

7 0
3 years ago
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