1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marissa [1.9K]
3 years ago
10

A nondiscriminating pure monopoly must decrease the price on all units of a product to sell more units. This explains why:______

_.
a. there are barriers to entry in pure monopoly
b. a pure monopoly has a perfectly elastic demand curve
c. a pure monopoly’s marginal revenue curve is below its demand curve
d. total revenues are greater than total costs at the profit maximizing level of output
Business
1 answer:
Luba_88 [7]3 years ago
6 0

Answer:

c. a pure monopoly’s marginal revenue curve is below its demand curve

Explanation:

As we know that the marginal revenue is the increase in the total revenue. In the case when the prices reduces and the quantity increased so the change would be less. Also, the average revenue would be high than the marginal revenue as it spread due to the entire number of outputs.

Moreover, the curve of MR and AR always downward slope that represents that if there is a high output so the price would be reduced

So in the given situation, the marginal revenue would be less than the average revenue curve in the case of monopoly

Therefore the correct option is c.

You might be interested in
PA12.
Elan Coil [88]

Answer:

\left[\begin{array}{cccc}$unit sale&100000&90000&80000\\$sales revenue&3500000&3150000&2800000\\$COGS&&&\\$Material&900000&810000&720000\\$Labor&1000000&900000&800000\\$VMO&250000&225000&200000\\$FMO&80000&80000&80000\\$total&2230000&2015000&1800000\\$gross profit&1270000&1135000&1000000\\$V S and A&100000&90000&80000\\$F S and A&950000&950000&950000\\$operating income&220000&95000&-30000\\$tax expense&66000&28500&\\$net income&154000&66500&-30000\\\end{array}\right]

Explanation:

<em></em>

<em>We will cross-multiply the variables concept like sales revenues materials, labor and other</em>

I.G

<em>sales revenues for 90,000:</em>

3,500,000 / 100,000 x 90,000 = 3,150,000

<em>for 80,000:</em>

3,500,000 / 100,000 x 80,000 = 2,800,000

<em></em>

The fixed will remain at the same value between the relevant range so we do not change them.

For the tax expense  we will have to check which is the rate

for 220,000 operating income the tax expense is 66,000

we can solve for rate: 66,000/220,000 = 0.3 = <em>30%</em>

Now we will determinate the tax expense with that rate.

<em>NOTE</em> attached missing information

6 0
3 years ago
Organizations can become "bad barrels" because ​ a. they do not allow employees to pursue their own individual values. b. the pr
KatRina [158]

Answer: The pressure to succeed creates opportunities that reward unethical decisions.

Explanation: "bad barrels" has attempted to identify characteristics of organisations that make them particularly vulnerable to tolerating or even encouraging destructive behavior. Organizations can become "bad barrels" because the pressure to succeed creates opportunities that reward unethical decisions. Bad barrels explains misbehaviour in the workplace.

5 0
4 years ago
Stephanie manages a team that has gone through a tremendous amount of transition over the last year. There have been multiple re
fiasKO [112]

Answer:

a Disturbance Handle

Explanation:

7 0
2 years ago
Marsha is 23 years old and single. She cannot be claimed as a dependent by another taxpayer. Marsha earned wages of $18,500 and
Vedmedyk [2.9K]

Answer:

1. d. Both a and c.

2. True.

Explanation:

Marsha and Shelby both are U.S. citizen. Marsha can claim Income credit once she is 25 years older up to 65 years of age. The individual below 25 years of age cannot claim income credit according to the tax law prevailing in U.S.

8 0
3 years ago
A graphics reproduction firm has four units of equipment that are automatic but occasionally become inoperative because of the n
elena55 [62]

Answer:

(a) Average number of unit in line  = 0.256

(b) Average number of unit in operation= 3.209

(c) Average number of unit being service in operation = 0.535

Explanation:

Given Data:

Number of machine N = 4

Number of attendant (S) = 1

Service time (T)= 5 mins

Time required by the machine before servicing = 30 mins

Calculating the service factor (X) using the formula;

X = T/(T+U)

    = 5/(5+30)

    = 5/35

     = 0.1429

(a) Calculating the average number of unit in line (L) using the formula;

L = N* (1-F)

where, N = Number of unit

F = efficiency factor

L = average number of unit in line

Using the finite queuing table at X = 0.1429 and S = 1,

Efficiency factor = 0.936

Substituting, we have;

L = 4*(1-0.936)

   = 4* 0.064

   = 0.256

(c) Calculating the average number of unit being service in operation (H) using the formula;

H = N*F*X

   = 4 *0.936*0.1429

   = 0.535

(b) Calculating the average number of unit in operation using the formula;

Average number of unit in operation= Number of unit-down unit

But down unit = L+H

The formula becomes;

Average number of unit in operation= Number of unit-(L+H)

                                                             = 4 - (0.256+0.535)

                                                             = 4-0.791

                                                             = 3.209

6 0
3 years ago
Other questions:
  • The difference between the price at which an investment banking firm buys shares from an issuing company and the price at which
    15·1 answer
  • The stockholder's annual report must includeSelect one:a. a statement of cash flows.b. an income statement.c. a balance sheet.d.
    7·1 answer
  • What is the net present value of the project? experiment with changing the discount rate in one percent increments (e.g., 13%, 1
    15·1 answer
  • So I have my first interview for a cashier and I need help?
    5·2 answers
  • Spending more time with her grandchildren is most likely a short-term goal for a person of which of these ages? A. 20 years old
    7·2 answers
  • From the sale of your family property, you will receive a down payment of $15,000 today and then yearly payments of $15,000 for
    13·1 answer
  • The forecasted sales pertain to Arrow Corporation: Month Sales September $400,000 October 320,000 Finished Goods Inventory (Augu
    7·1 answer
  • PLEASE HELPPP!! Human Resources class
    14·1 answer
  • Turn company utilizes the lifo inventory method to calculate taxable income. which method is available to turn for financial rep
    8·1 answer
  • Which of the following would violate the efficient market hypothesis?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!