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
posledela
4 years ago
7

Governments often have the potential to influence whether firms are monopolies loading.... how might the government affect wheth

er a firm is a​ monopoly
Business
1 answer:
azamat4 years ago
5 0
The government is the one responsible in regulating the monopolies in order to protect the consumers' interests. They can grant a patent or a public franchise to a company making them the exclusive and legal producer of a certain goods and/or services.
You might be interested in
Fyodor, a manager of the research and development team of an organization, challenges his subordinates to "think outside the box
nexus9112 [7]

Answer: mental models.

Explanation: A mental model is an explanation of someone's thought process about how something works in the real world and learning a new mental model gives you a new way to see the world. Furthermore, It’s represent the surrounding world, the relationships between its several parts and an individual intuitive perception about his or her own acts and their consequences.

4 0
4 years ago
A firm produces output using capital and labor. The​ firm's marginal product of labor ​(MP Subscript Upper L​) is 40 and its mar
Anika [276]

Answer:

a. No, the firm is not minimizing the cost of production.

b. The firm should continue to increase the units of labor by reducing the unit of capital until when the ratio of Marginal product of labor to Marginal product of capital of is equal to the ratio of w to r.

Explanation:

a. Is the firm minimizing the cost of​ production?

The firm minimizing the cost of​ production where:

Marginal product of labor / Marginal product of capital = w / r

From the question, we have:

40 / 28 = 6 / 3

1.43 = 2

Since the ratio of Marginal product of labor to Marginal product of capital of 1.43 is not equal to the ratio of w to r, the firm is not minimizing the cost of production.

b. What should the firm​ do, if​ anything, to produce the same level of output at lower​ cost?

The firm should continue to increase the units of labor by reducing the unit of capital until when the ratio of Marginal product of labor to Marginal product of capital of is equal to the ratio of w to r.

The closest point at which this will happen is when the Marginal product of labor is 45 and Marginal product of capital is 23 where we have:

45 / 23 = 1.96, or 2 approximately.

6 0
4 years ago
Administrators make sure an organization follows its mission, adapts to changes, and manages the _____. resources budget schedul
natita [175]

Answer:

resources

Explanation:

The resources include both the financial aspect (budget), the human aspect (employees), and the supplies (scheduling).  Do we have enough money to continue producing goods (budget)?  Do we have enough employees to do so ?  Do we have all the supplies we need to produce this week?

The role of the administrators (as a team) is to ensure the organisation produces the goods and services they're supposed to and that they're delivered to their customers in a timely and cost-effective manner. That means ensuring they respect the budget and have enough employees to do the job.

Of course, some administrators will have a specific task oriented to one of the aspect of the company... like finances, employee management, and so on.

3 0
4 years ago
A service provided by e-government that requires access to the Internet is _____.
Elan Coil [88]
RFID tags in my idea...
7 0
3 years ago
Read 2 more answers
When jack welch, former chairman of general electric, a fortune 5 company, assumed the role of ceo, he immediately began to make
Anuta_ua [19.1K]
Jack Welch would be characterized as a leader because he's invested in long term change and inspiring his employees.
7 0
3 years ago
Other questions:
  • A shoe store developed the following estimated regression equation relating sales to inventory investment and advertising expend
    15·1 answer
  • Using the information provided, what transaction represents the best application of the present value of an annuity due of $1? A
    9·1 answer
  • Which one of the following is NOT part of the estimated net investment (NINV) for a capital budgeting project? The estimated sal
    8·1 answer
  • What is the main thing you can learn from an income statement?
    9·2 answers
  • The following materials standards have been established for a particular product: Standard quantity per unit of output 4.5 meter
    5·1 answer
  • If Andy Pforzheimer, owner of Barcelona Restaurants, were to argue with one of the restaurant managers over whether it was more
    12·1 answer
  • Indicate which barrier to entry appropriately explains why a monopoly exists in each scenario?
    10·1 answer
  • What is the expected constant-growth rate of dividends for a stock currently priced at $50, that just paid a dividend of $4, and
    7·1 answer
  • The supply of a product normally decreases if ?
    8·2 answers
  • If a beneficiary requests to discuss other products not originally documented on the soa, you must document a second soa for the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!