As a result of the price ceiling, the monopolist will "produce more than the monopoly level of output ".
The monopolist's profit maximizing level of output is found by likening its marginal revenue with its marginal cost, which is a similar benefit maximizing condition that a splendidly focused firm uses to decide its equilibrium level of output.
Answer: Decreasing returns to scale
Explanation: In simple words, decreasing returns to scale can be defined as the situation in which for every increase in 1 unit of output one has to invest more than 1 one unit of input.
In decreasing returns to scale the cost of production increases with level of production made.
Hence the right answer is option A.
Answer:
$15,592
Explanation:
Calculation to determine what The amount of cash received by Carla Vista furniture is
Cash received =[(20 × $920)*(100%-7%)] - $670 - $850
Cash received=($18,400*93%)-$670-$850
Cash received=17,112-$670-$850
Cash received=$15,592
Therefore The amount of cash received by Carla Vista furniture is $15,592
I don't know what you're asking is this a question
