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Alinara [238K]
3 years ago
12

when the market demand curve crosses the long-run average total cost curve where average total costs are declining, the firm is

called
Business
1 answer:
cluponka [151]3 years ago
5 0

Answer: Natural monopoly

Explanation:

A natural monopoly is a form of monopoly that comee into being due to huge start-up costs and also economies of scale. A firm that has a natural monopoly may be the only producer of a particular good or service.

A natural monopoly occurs when the long-run average total cost curve is crossed by the markwt demand curve when the average total costs are still diminishing.

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On December 15, 2018, Rigsby Sales Co. sold a tract of land that cost $3,200,000 for $5,000,000. Rigsby appropriately uses the i
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Answer:

Instalment receivables (net) of $2,905,600 is the correct answer.

Explanation:

Instalment Receivables ($5,000,000 - $460,000) = $4,540,000

Deferred gross profit ($1,800,000 - $165,600) = $1,634,400

Instalment Receivables (Net) = $2,905,600

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3 years ago
When empty, the bladder is much smaller than when it is full. since the bladder must be able to stretch and expand as it fills,
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Transitional epithelium

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3 years ago
If you are starting a new business, you can assume with some certainty that your customers will have the same level of technolog
kakasveta [241]
This would be false
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3 years ago
Read 2 more answers
Data concerning Odum Corporation's single product appear below:
Len [333]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Selling price per unit $210.00

Variable expense per unit $92.40

Fixed Expense per month $130,536

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 130,536/ (210 - 92.4)

Break-even point in units= 1,110 units

6 0
3 years ago
A consumer is likely to have a broad search including more brands during an external information search when:
vazorg [7]

Answer:

There is a direct relationship between perceived risk and external research.  The higher the perceived risk, the more external research a consumer will carry out. Perceived risk is not simply fearing that you will make a bad purchase, but it also refers to the costs and benefits associated with the purchase.

The higher the benefits that a consumer can obtain from a purchase, the higher the risk of not getting enough benefits if they make a bad choice. E.g. if you have a lot of good choices available, then you will want to do some more research to choose the best one.

Generally consumers include more brands in their search when they are physically in stores. As consumers we generally consider a very limited number of brands when we shop online, but when we are in a store, we tend to broaden our search and include al the brands that we find.

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3 years ago
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