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Studentka2010 [4]
3 years ago
10

pure monopolist who is nondiscriminating must decrease price on all units of a product sold in order to sell additional units. T

his explains why
Business
1 answer:
coldgirl [10]3 years ago
8 0

Answer: b. Marginal revenue is less than average revenue

Explanation:

Marginal revenue is the extra revenue received by selling one more unit of a good while Average revenue is the revenue generated on average by all units sold thus far.

If the monopolist has to reduce prices to sell more goods then it would mean that for every unit sold, the price would have reduced compared to the price of the last unit which translates to less revenue coming in per unit compared to the last unit.

On the other hand, on average, the higher prices of the earlier goods sold would keep the average revenue higher than the additional revenue (marginal revenue).  

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3 years ago
The legal proceeding or legal action brought by either the buyer or the seller under a purchase contract to enforce the terms of
Fynjy0 [20]
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3 years ago
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densk [106]

The amount that should be associated with the given case is $16,000.

The computation is as follows:

= Money damages + cost of the court + attorney fees associated

= $8,000 + $3,500 + $,4500

= $16,000

In order to determine the value i.e. associated we add the above 3 items.

Therefore we can conclude that The amount that should be associated with the given case is $16,000.

Learn more about the broker here: brainly.com/question/1752402

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3 years ago
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Hey below is an image of the solution

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4 years ago
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Jillian currently has $500 in an account with an annual rate of return of 4.3%.She needs to save $46.07 each month for the trip to Hawaii

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So she needs to save $46.07 each month for the trip to Hawaii

Rate of return is a profit on funding. It accommodates any trade in value of the investment, and/or cash flows which the investor gets from that funding, which include interest payments, coupons, coins dividends, inventory dividends or the payoff from a spinoff or based product.

Learn more about rate of return here:brainly.com/question/24301559
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5 0
2 years ago
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