Answer: Produces the market output
Explanation: In a monopoly market structure, there is one seller fulfilling the market demand, hence a monopolist is a price maker. However, the law of demand still operates in such a structure, restricting the monopolist to charge unreasonable prices.
Hence the monopolist maximizes his profit by supplying the output at the market level.
Thus, from the above we can conclude that the right option is C
Answer:
C. 2.2.
Explanation:
Mid point elasticity is calculated as follows:
<em>% change in qty supplied/ % change in price</em>
<em />
<em>% change in qty supplied</em>
= (600-400)/(600+400)/2
= 0.4
<em> % change in price </em>
= (12 -10)/(12+10)/2
= 0.181
Mid point elasticity
= 0.4/0.18
=2.2
Base on the path-goal theory of House, Subordinates are motivated by believing that more effort improves job performance .
<h3>What is path-goal theory?</h3>
The path-goal theory states stressed that a leader's behavior is contingent on the satisfaction and motivation of their employees.
This is the reason why, Subordinates of the organization are motivated by believing that more effort improves job performance .
Learn more about path-goal theory at;
brainly.com/question/11555274
Answer:
(a) The dollar value of abnormal spoilage.
$499,317.
(b) The cost of the good units finished.
$12,669,193.
(c) The cost of ending work-in-process inventory
$1,421,491.
The complete solution of the problem is attached with an excel spreadsheet.
Answer:
a if revenue is greater the loss in money will deplinish
