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Elodia [21]
3 years ago
14

Explain why market power leads to deadweight loss. Firms with market power create deadweight loss because they A. charge a price

that is greater than marginal cost to maximize profits. B. produce where marginal revenue is greater than marginal cost to maximize profits. C. produce more than a perfectly competitive industry would to maximize profits. D. charge a price that is less than marginal cost to maximize profits. E. charge a price that is equal to marginal cost to maximize economic surplus. The total deadweight loss from market power for the economy is ________ small large .
Business
1 answer:
Readme [11.4K]3 years ago
5 0

Answer:

A) Charge a price that is greater than marginal cost to maximize profits.

Explanation:

The more market power a company has, the more it will tend to act like a monopoly. For example, Microsoft is not considered a monopoly because it is the only software company in the world, but because its market power in the PC business is so large that it dominates the industry.

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Using notes outside of given key to produce heightened color is referred to as
Yanka [14]

Using notes outside of a given key to produce heightened color is referred to as  "chromaticism".



Chromaticism, in music, the utilization of notes unfamiliar to the mode or diatonic scale whereupon an organization is based.  


Chromatic tones in Western craftsmanship music are the notes in an organization that are outside the seven-note diatonic (i.e., major and minor) scales and modes. On the piano console, the dark keys speak to the 5 chromatic tones that don't have a place with the diatonic size of C real; high contrast keys together mean the chromatic size of 12 tones for every octave.

6 0
3 years ago
Read 2 more answers
Which of the following is NOT one of the managerial considerations in determining how to compete successfully? How should a comp
hodyreva [135]

Answer:

 Strategy of company concerns are explained as the action plan management,and organisational objectives.

Explanation:      

A.  A more appealing product needs to be offered to rivals for new product.

B. planning of money.

C.  action plan for management function for achieving superior profitability.

D. The company should pursue, the long-term direction management.

E. conservative defense to project

    The action plan management of the company is taking to:

A.  role out a market position,  to attract and satisfy customers, successfully,

perform the operations, and achieve all objectives.

B. conduct a sustainable competitive method and compete against rivals.

C. make your product offering more different and appealing for buyers.

D. conduct the operations.

Organizational objectives are achieved by the following methods:

A. strategic intent

B. statement of the mission.

C. plan of action.

D. business module.

E. strategic vision.

The objectives requires well groomed management to strive to:

A. match your rival businesses products and quality dimensions.

B. short-term success and build profit.

C. realignment in the market.

D. developing lasting success.

E. re-create the bussiness models.

To improve performance, for different avenues:

A. lowering the operating profit margins than rivals to drive sales

growth.

B. achieving analogous of the products.

C. pursing similar personalized customer service or quality dimensions as rivals.

D. Confination of operations to the markets.

4 0
3 years ago
4. If your checking account's balance is
levacccp [35]
A. $2164.89
Basically just subtract, 3,678.89-1514 = 2,164.89
6 0
3 years ago
Do you think the NELK BOYS are clickbaiting sometimes?
harkovskaia [24]

Answer:

Ummm... yes

Explanation:

8 0
3 years ago
Year 1 Year 2 Amounts billed to clients for services rendered $ 182,000 $ 232,000 Cash collected from clients 154,000 184,000 Ca
Advocard [28]

Answer:

Explanation:

Year 1:

Cash collected from clients $154,000

Salaries paid to employees for services rendered during the year $27,000

Utilities $84,000

Purchase of insurance policy $58,200

So, in order to find net cash flow, $(154000-27000-84000-58200)=-15200

Year 2:

Cash collected from clients $184,000

Salaries paid 34000

Utilities paid 94000

Insurance paid is 0

So, net cash flow $184000-$(34000+94000)=$56000

Year1 paid 27000 in salaries, accrued =32000

So still 5000 has to be paid in year 2

Year 2 paid 34000 ⇒ so accrued is 29000

Insurance accrued for each year is 58200/3=19400

Income statement for year 1 and 2

                                         year1   year2

Revenue:  

Income from services 182000 232000

Expense

Salary 84000 94000

Utilities 32000 29000

Insurance 19400 19400

Net income 46600 89600

5 0
3 years ago
Read 2 more answers
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