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Nataly_w [17]
3 years ago
8

In a market served by a monopoly, the marginal cost is $60 and the price is $110. In a perfectly competitive market, the margina

l cost is $60. If the marginal cost increased from $60 to $75, the monopoly would raise its price _____, and the price in the perfectly competitive market would _____.
Business
1 answer:
Mice21 [21]3 years ago
7 0

Answer: In a market served by a monopoly, the marginal cost is $60 and the price is $110. In a perfectly competitive market, the marginal cost is $60. If the marginal cost increased from $60 to $75, the monopoly would raise its price <u>by less than $15</u>, and the price in the perfectly competitive market would <u>increase to $75.</u>

Explanation: The monopolist attends to the market demand, therefore the choice of the monopolist is limited by the market demand. If you set a very high price, you will only sell the amount that the demand you want to buy at that price, so it will only increase by less than $ 15.

In a market of perfect competition the companies are accepting price and will produce until the price is equal to the marginal cost so the price would rise to $ 75.

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If the money supply exceeds money demand, people will ____ bonds which will cause bond prices to ____ and the nominal interest r
Stella [2.4K]

Answer:

A. buy; rise; fall

Explanation:

As for the provided information, we know,

As the supply of money exceeds the demand people will have more investing power, accordingly people will <u><em>buy</em></u> more bonds,

as more and more people will try to buy the bonds the price for bond because of high demand will automatically due to demand and supply proportion will <em><u>rise,</u></em>

and then to control the demand of bond, and control the purchase of bond, the nominal interest rate provided on bonds will <em><u>fall.</u></em>

5 0
3 years ago
The market-required rate of return on a bond that is held for its entire life is called the: Multiple Choice yield to maturity.
Scorpion4ik [409]

Answer:

yield to maturity

Explanation:

Yield to maturity is the required rate of return of an investor in the market to hold the bond or other security until the maturity date of the bond.

A coupon carries two types of interest rate

  1. Coupon rate
  2. Yield to maturity rate

Coupon rate is the interest rate which is stated on the face value of the security. The interest payment on the security is made on this rate.

As mentioned above the Yield to maturity rate is the required rate of return of an investor in the market to invest in these bonds.

6 0
3 years ago
Argonia and Selenia have specialized in the production of industrial equipment and pharmaceuticals respectively. Argonia exports
lidiya [134]

Answer:

The correct answer is B. a positive-sum game.

Explanation:

The positive sum is an expression derived from game theory that refers to a situation in which participants can cooperate and make a profit (+1), so the sum of the resulting winnings is a positive number (+ 1 + 1 = 2 or more).

A positive sum game is a scenario where agents have options capable of improving everyone at the same time. A positive sum game in everyday life is the exchange of favors, where each person can produce a great benefit to another with a small cost.

5 0
3 years ago
A partnership can be terminated by which of the following
Tanya [424]

Answer

A Partnership can be terminated by bankruptcy, death of a partner and agreement by partners. The answer is D. all of the above.

Explanation

Terms leading to the termination and dissolution of a partnership should be specified in a partnership agreement. The terms may include all the events that might lead to termination of the agreement. A partnership can terminate if the expiry date is reached, when the project is completed, death of a partner, bankruptcy of a partner, illegality of activities and a court application for an order of termination.



5 0
3 years ago
Read 2 more answers
Jim makes a contract with Oleta to sell her a 1965 lava lamp once owned by a famous artist. Jim later decides that he does not w
Aloiza [94]

Answer:

c. can require Jim to specifically perform the contract.

Explanation:

Specific performance is a remedy used in contract law by which the non-breaching party requires a court to order that the breaching party fulfills the performance included in a valid contract.

In this case, Oleta can request a court order that forces Jim to sell the lava lamp to her at the price specified in the contract.  

4 0
3 years ago
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