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Brums [2.3K]
3 years ago
10

Assume a monopolist with​ downward-sloping demand and marginal revenue​ (MR) curves. The monopolist operates with standard margi

nal cost​ (MC) and average total cost​ (ATC) curves. How does a monopolist determine the​ profit-maximizing output level and the corresponding​ profit-maximizing price?
Business
1 answer:
xxTIMURxx [149]3 years ago
7 0

Answer:

The monopolist's profit maximizing level of output and corresponding profit-maximizing price is found by equating its marginal revenue with its marginal cost, which is the same profit maximizing condition that a perfectly competitive firm utilizes in determining its equilibrium level of output. Therefore, as the price falls, the market's demand for output increases.

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Companies having the greatest impact on the computation of the Dow Jones Averages and the Standard &amp; Poor's Indexes have the
Softa [21]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Highest price; highest total market value

b) Highest total market value; highest price

c) Highest price; lowest liquidity

d) Greatest number of shares outstanding; highest price

And the correct answer is the option B: Highest total market value; highest price.

Explanation:

To begin with, both terms the Dow Jones Averages and the Standard & Poor's are indexes for the respective american stock market in where the better companies of the country are in the list so that why that mostly of them will obviously have the  highest total market value and its respectively highest price due to the fact that are the companies that produce more and work better than others and the public buy stocks from them and that makes them richer and richer.

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3 years ago
Fiscal policy is limited when the slope of the
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3 years ago
On November 26, Joe wrote to Kate offering to purchase a farm that she owned. Upon receiving the letter on November 28, Kate imm
slega [8]

Answer:

No, a contract has not been form because the offer has been revoked

Explanation:

an offers can be terminated if there is rejection of offer by the offeree. an offer can be revoked before its has been accepted. Since the revocation is made known to Joe before the letter of acceptance reach joe. No contract has been form.

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3 years ago
Jamison Company uses the total cost method of applying the cost-plus approach to product pricing. Jamison produces and sells Pro
vlada-n [284]

Answer:

The mark up percentage on total cost is 13%.

Explanation:

Mark up percentage on total cost refers to the profit as a percentage of the total cost.

Therefore, the mark up percentage on total cost can be calculated using the following formula:

Mark up percentage on total cost = (Desired profit / Total cost) * 100 ......... (1)

Where;

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Substituting the values into equation (1), we have:

Mark up percentage on total cost = ($143 / $1,100) * 100 = 0.13 * 100 = 13%

Therefore, the mark up percentage on total cost is 13%.

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3 years ago
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