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3 years ago

Suppose a monopolist is producing a level of output such that MR > MC. What should the firm do to maximize its profits?

Business

1 answer:

NemiM [27]3 years ago

6 0

Answer:

d. The firm should increase output.

Explanation:

In the case when the monopolist wants to generate the output level in such a way when the marginal revenue is more than the marginal cost so if the firm wants to maximize its profit so it should have to increase the output as the marginal revenue would begins to reduce and it is equivalent to the marginal cost i.e. become significant in order to maximize the profit

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Which of the following is a common sense safety procedure that can help prevent electrical accidents

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Putting the wrong wires together and not knowing what goes to what

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3 years ago

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A company makes tools, such as hammer and tape measures. One of their primary raw materials is steel and if they run out of stee

Sedbober [7]

Answer:

D. continuous review system

Explanation:

In the context of manufacturing it seems that the system being described would be a continuous review system. Like mentioned in the question this is a system that automatically adjusts the stock level in real time when a product moves in or out of stock, and automatically triggers an order for more stock as soon as the stock level hits a low quantity point is hit.

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3 years ago

Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and

Llana [10]

Answer:

maximum profit = $7500

so correct option is c $7500

Explanation:

given data

mean = 500

standard deviation = 300

cost = $10

price = $25

Inventory salvaged = $5

to find out

What is its maximum profit

solution

we get here maximum profit that is express as

maximum profit = mean × ( price - cost ) ..................................1

put here value in equation 1 we get maximum profit

maximum profit = mean × ( price - cost )

maximum profit = 500 × ( $25 - $10 )

maximum profit = 500 × $15

maximum profit = $7500

so correct option is c $7500

4 0

3 years ago

Which device deployment model gives businesses significant control over device security while allowing employees to use their de

dangina [55]

<u>COPE device deployment model</u> gives businesses significant control over device security while allowing employees to use their devices to access both corporate and personal data.

It stands for Corporate-Owned, Personally Enabled. It is a business strategy where the organization provide computer or mobile devices to its employees for their work.

This models helps and gives authority to the organizations to protect their data legally. The companies decided which software and which devices models to be used.

COPE is the Opposite of BYOD (Bring your on Devices) and this business strategy is facing a decline because of the increasing cyber attacks. Employees personal devices put the company's data at risk and that is why COPE model is much more reliable.

IF you need to learn about more <u>device deployment models</u>, click here

brainly.com/question/14464822?referrer=searchResults

#spj4

5 0

1 year ago

Longordia Foods is expecting to generate after-tax income of $1,558,888, $2,933,312, and $3,261,712 for each of the next three y

Digiron [165]

Answer:

30.86%

Explanation:

It is a financial ratio used for the capital budgeting. It is the ratio of the average return generated by the capital asset and the its average book value in the given period.

Formula for ARR is as follow

ARR = Average Net Income / Average Investment

Average Net Income = ( $1,558,888 + $2,933,312 + $3,261,712 ) / 3

Average Net Income = $2,584,637

Average Investment = $8,375,000

Placing values in the formula

ARR = $2,584,637 / $8,375,000

ARR = 0.3086 = 30.86%

6 0

3 years ago