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slega [8]
3 years ago
9

A profit-maximizing monopolist will never operate in the portion ofthe demand curve with price elasticity equal to a. - 3 b. -1

c. - 1.3 d. None of the above - the price elasticity does not matter
Business
1 answer:
qaws [65]3 years ago
7 0

Answer: d.None of the above - the price elasticity does not matter

Explanation:

The profit maximizing of a monopolist has little do with individual consumer responsiveness, but with the overall market. We know that profit is maximized on the interaction where the Marginal Cost that is the incremental cost is equal to the Marginal Revenue that is the incremental revenue, on the demand curve it has a positive intersect in the elastic region , this helps to achieve a higher price than on the inelastic region, with less output (less production costs), this result in a greater profit for the monopolist.

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Answer:

The correct answer is A. True.

Explanation:

The NRF contains all those actions that the nation will always comply with and for which it will be responsible in emergencies that have consequences for public health. This will ensure a more effective and predictable response and recovery after a natural disaster, conflict, insecurity food, epidemic, environmental, chemical, food and nuclear incident, political crisis or  economic and all other types of emergencies with consequences for public health.

8 0
4 years ago
Orange County Shop follows the revenue recognition principle. Orange County services a bicycle on July 31. The customer picks up
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Answer:

a. July 31

Explanation:

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3 years ago
Monopoly insurance is the only company marketing a certain line of insurance in a state. after complaints from several consumers
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6 0
4 years ago
g Suppose you deposit $1,091.00 into an account 6.00 years from today that earns 12.00%. It will be worth $1,728.00 _____ years
Usimov [2.4K]

Solution :

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Rate, r = 0.12 .

Let, amount will be $1728 in t years.

So,

1728 = 1091( 1 + 0.12t )\\\\1 + 0.12t = \dfrac{1728}{1091}\\\\1 + 0.12t = 1.58\\\\0.12t = 0.58\\\\t = \dfrac{0.58}{0.12}\\\\t = 4.8\ years\\

Hence, this is the required solution.

3 0
3 years ago
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Nadya [2.5K]

Answer:

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We have to find the present value of machine by using the above information. Here, below is the calculation.

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5 0
3 years ago
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