1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
victus00 [196]
3 years ago
6

A monopoly is producing output so that the average total cost is $30, marginal revenue is $40, and the price is $50.

Business
2 answers:
Len [333]3 years ago
4 0

Answer:

B

Explanation:

In this question, we are asked to pick from the options what should serve as the point of action of the firm given the scenario painted in the question;

We proceed as follows;

ATC= 30 $

Marginal revenue(MR)= 40 $

Price(P) =50 $

For efficiency,MC=minimum ATC=30 $

MR =40 > MC=30

For profit maximization, MR =MC

So, firm should raise output ,so that MR falls and becomes equal to MC

So correct option is B.

slavikrds [6]3 years ago
3 0

Answer:

B) increase output

Explanation:

A known rule is that a firm maximizes profit by producing a certain quantity of output where marginal revenue equals marginal cost. For there to be maximized profit, a firm ought to increase it's usage of the input "up to the point where the input's marginal revenue product will equals its marginal costs".

You might be interested in
The two most common forms of representative participation are ________ and board representatives. employee unions work councils
11111nata11111 [884]

Answer:

The correct answer is B) work councils.

Explanation:

The work councils are responsible for energizing the internal functioning of organizations and are a meeting point where professionals from functional areas of companies share, discuss and agree on proposals that reverse business and sector improvement.

6 0
3 years ago
No arbitrage is equivalent to the idea that all risk-free investments should offer investors:
olga nikolaevna [1]

Answer:

JOIN MY ZOOM  528-468-7585

Explanation:

7 0
2 years ago
Total Company North South Sales $ 600,000 $ 400,000 $ 200,000 Variable expenses 360,000 280,000 80,000 Contribution margin 240,0
seraphim [82]

Answer:

1. Company wide break-even point in dollar sales= $425,000

2. Break-even point in dollar sales for North region= $200,000

3. Break-even point in dollar sales for South region = $100,000

Explanation:

1. Computation of the companywide break-even point in dollar sales

First step is to find the Contribution margin ratio

Using this formula

Contribution margin ratio = Contribution margin / Sales

Contribution margin ratio:

Total company: ($240,000/$600,000)=0.4

North : ($120,000/$400,000)=0.4

South : ($120,000/$200,000)=0.6

Now let compute the Company wide break-even point in dollar sales using this formula

Company wide break-even point in dollar sales= Fixed costs / Contribution margin ratio

Let plug in the formula

Company wide break-even point in dollar sales= ($120,000 + $50,000) / 0.4

Company wide break-even point in dollar sales= $425,000

2. Computation for the break-even point in dollar sales for the North region using this formula

Break-even point in dollar sales for North region = Traceable fixed expenses / Contribution margin ratio

Let plug in the formula

Break-even point in dollar sales for North region= $60,000 / 0.3

Break-even point in dollar sales for North region= $200,000

3. . Computation for the break-even point in dollar sales for the South region.

Using this formula

Break-even point in dollar sales for South region = Traceable fixed expenses / Contribution margin ratio

Let plug in the formula

Break-even point in dollar sales for South region = $60,000 / 0.6

Break-even point in dollar sales for South region = $100,000

5 0
2 years ago
D
trasher [3.6K]

The type of organizational learning that involves a formal approach to familiarize a new staff member with the organization's values and policies is <u>B. employee orientation</u>.

<h3>What is organizational learning?</h3>

Organizational learning involves the process of gaining experience and creating knowledge for organizational improvement.

Organizational learning enables employees to:

  • Share insights
  • Brainstorm together
  • Solve problems
  • Improve performance.

Thus, familiarizing new staff members with the organization's values and policies involves <u>employee orientation</u>, not employee mentorship, training, or development.

Learn more about employee orientation as part of organizational learning at brainly.com/question/11815347

#SPJ1

7 0
1 year ago
1 Gopal is the CEO of Gopal Leisure (GL). GL has a tall
Alexandra [31]

A manager is known to be a person  that does the work of supervising and motivating employees and they also aid or direct the progress of a firm.

<h3>What are the types of organizational structures?</h3>

An organizational structure is known to be a  system that states out how the activities in a firm are directed so as to achieve the goals of the firm.

There are four types of organizational structures. They are;

  • Functional
  • Divisional
  • Flatarchy
  • Matrix structures.

Learn more about manager from

brainly.com/question/24553900

3 0
2 years ago
Other questions:
  • Research indicates that corporations using cross-national teams, whose members have international experience and communicate fre
    10·1 answer
  • If the liabilities of a business increased $83,000 during a period of time and the stockholders’ equity in the business decrease
    6·1 answer
  • Managerial jobs with strategy-making responsibility:
    6·1 answer
  • Barker Corp. has a beta of 1.10, the real risk-free rate is 2.00%, investors expect a 3.00% future inflation rate, and the marke
    6·1 answer
  • Tate's annual salary is $36,460 paid twice each month. How much is
    14·1 answer
  • In order to formulate strategies that align with the mission some of the activities the organization will need to perform are
    12·1 answer
  • A small clothing company plans to sell a new line of shirts. The selling price will be $35 per shirt. The labor costs will be $5
    6·1 answer
  • Lance contributed investment property worth $640,000, purchased three years ago for $245,000 cash, to Cloud Peak LLC in exchange
    15·1 answer
  • Sau khi thực hiện kiểm toán, KTV xác định là:
    12·1 answer
  • Mary is deciding whether to book the cheaper flight home from college after her final​ exams, but​ she's unsure when her last ex
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!