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san4es73 [151]
4 years ago
8

If the government requires a natural monopoly to price at marginal cost, Group of answer choices monopoly firms will earn zero e

conomic profits because the price of the good equals the cost of producing that good. monopoly firms will operate at a loss because P < AC. more firms will be able to enter the market. producer surplus will increase because quantity supplied is greater.
Business
1 answer:
MissTica4 years ago
3 0

Answer:

monopoly firms will operate at a loss because P < AC

Explanation:

A monopoly is when there is only one firm operating in an industry.

A natural monopoly exists either because of high start-up costs or high economies of scale.

A natural monopoly has a decreasing average cost for some output. When the average cost is falling, the marginal cost lies below the average cost. If the government sets price to be equal to  marginal cost, which lies below the average cost, the monopoly would incur losses.

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The Digby team will select a Broad differentiation strategy for spreading its existence in every market segment.

<h3>What is Broad differentiation strategy?</h3>
  • A broad differentiation strategy consists of building a brand or business that is different in some way from its competition. It is applied to the industry and will appeal to a vast range of consumers.
  • Under this strategy, the Digby company will get a competitive advantage by differentiating their products with unique designs, product awareness, and easy availability. They have amazing research and development teams to keep their products exciting and the prices are quoted above average.

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6 0
2 years ago
MBO works by objectives moving through the organization; that is, top managers set general organizational objectives, which are
Marina CMI [18]

Answer:

Cascade down.

Explanation:

MBO means Management by Objectives.

Is a program that encompasses:

-specifict goals

-participatetively set

-for an explicit time period

-with feedback on goal progress

MBO operationalizes the concept of objectives by devising a process by which objectives cascade down through the organization.

The result is a hierarchy of objectives that links objectives at one level to those at the next level.

For individual employee, MBO provides specific personal performance objectives.

The cascade down of objectives is:

1 Overall organizational objectives

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4 0
3 years ago
What's is an example of decision making in college
Leya [2.2K]

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Choosing the correct program, using college resources, attending your classes, and doing well in assignments and exams.

6 0
3 years ago
Q 6.20: Switzer, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $600 and orig
borishaifa [10]

Answer:

$400 .Since inventory is valued at cost or market value(current replacement cost) whichever is lower .

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8 0
4 years ago
Read 2 more answers
Hadley, Inc. manufactures a product that uses $18 in direct materials and $5 in direct labor per unit. Under the traditional cos
Rama09 [41]

Answer:

Total Manufacturing cost per unit is $53

Explanation:

Manufacturing cost is the cost used to manufacture a product, both direct and indirect cost incurred in manufacturing process are included. It is the total value of material cost, labor cost and overhead cost.

Direct Material Cost = $18

Direct Labor cost  = $5 per hour

Manufacturing overhead applied = $13 per unit

Total Activity rate = $30

Activity based costing is the method of allocation of overhead to the products / department / projects on the basis of uses of activity by each one.As we know that calculating an activity rate which is similar to predetermined overhead rate.

Total Manufacturing Cost = Direct material cost + Direct Labor cost + Manufacturing overhead cost

As we know that calculating an activity rate which is similar to predetermined overhead rate. so the activity rate will be used for overhead expense.

Total Manufacturing Cost = $18 + $5 + $30 = $53 per unit

6 0
4 years ago
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