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Katarina [22]
4 years ago
12

To maximize profit, a monopolist will produce and sell a quantity such that for the last unit sold, marginal revenue equals marg

inal cost, and charges a price given by the demand curve at that output level.
a. True
b. False
Business
1 answer:
DanielleElmas [232]4 years ago
3 0

Answer:

True.

Explanation:

True, the statement given is true because the profit maximization condition of the monopolist is “MR=MC” and it charges the price that is derived from the demand curve. For a monopolist, the demand curve and the marginal revenue (MR) curve is downward sloping. Therefore, the point where the marginal cost (MC) curve cuts the marginal revenue (MR) curve is the profit-maximizing point.

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It is always best to have invoices signed for approval after or before processing for payment
SVETLANKA909090 [29]

Before. Approval for payments should always take place before those payments are made. Imagine if you took your parents credit card and didn't ask for permission until after you spent money online.

8 0
3 years ago
what are some advice you would tell a friend or family member about managing their own money? is the advice that follow yourself
Jobisdone [24]

Answer: I would speak to my friend or family member about the importance of saving.

Explanation:

The conversation would be about how to save since many times people tend to buy and spend on many things and do not think long term. They think that money will always be there and that the bad times will never come. When we think of saving as something fundamental, we are thinking of our future, of having security.

is the advice that follow yourself?

This kind of advice and talk about money is something I apply to myself and have done for many years. I understand the importance of saving and try to be someone who puts what he preaches into practice.

why or why not?

For many years I have thought about the importance of saving. Before he was a person who spent and did not think about the future. Nowadays I put this advice into practice as I know how important it is to have money saved, which can be used for any emergency that arises. Saving money is something for wise people, it helps to have something to lean on. I always carry this financial advice with me, apply it to the measure and try to teach it to the people around me

8 0
3 years ago
Your boss gave you a project to complete in 1 week. How would you go about
Paladinen [302]

Answer:

Communicate the task. Describe to your employees exactly what you want done, when you want it done, and the end results you expect. Be clear and unambiguous and encourage your employees to ask questions. ... Empower your employees with the level of authority required to complete the task.

4 0
3 years ago
Tom Gregory is the practice manager for a local urologist. The practice has a detailed set of financial policies dealing with re
Furkat [3]

Answer:

Take actions by sending the due payments to a collection company.

Explanation:

Collection companies specialise in recovery of funds that are due. These companies can be used by lenders or creditors to get back their money from clients.

The creditor pays the collection company an agreed percentage of funds recovered.

In this scenario staff have not been enforcing the payment policies and patients are not familiar with the requirements or the reasoning behind these policies.

There is a need for specialists that are conversant with the policies to make the collection process efficient

5 0
3 years ago
Culver Corporation earned $262,000 during a period when it had an average of 100,000 shares of common stock outstanding. The com
Westkost [7]

Answer:

a) The warrant are Dilutive

b) Basic EPS $2.62

c) Diluteed EPS = $2.31

Explanation:

a) The warrants are dilute because the cost of exercising the rights is lover than the market price

b) Basic Eps = Total Earning/Share Outstanding = $262,000/100,000 = $2.62

c) Diluted Eps = Earnings/(Shares outstanding+potential shares)

= $262,000/(100,000+13,500) = $2.31    

5 0
3 years ago
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