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GarryVolchara [31]
3 years ago
6

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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In a neoclassical economy, assume that the government lowers both government spending and taxes by $100 billion. If the marginal
Zigmanuir [339]

Answer:

rise by $40 billion

Explanation:

Calculation to determine what the investment will be

Investment=$100 billion*(100%-60%)

=$100 billion*40%

=$40 billion

Therefore the investment will rise by $40 billion

3 0
3 years ago
Wiley incorporates his business as Wiley Wire Corporation in Texas. He and his group of shareholders intend to make a profit fro
ruslelena [56]

Answer:

d. a private corporation.

Explanation:

A private corporation is a limited company that is owned by a few numbers of shareholders.  The shares of a private corporation are not publicly traded in the securities exchanges, neither are they issued through an initial public offer.  Ownership of a private corporation is transferable but is restricted to the founders who, in most cases, are family members, close friends, or associates.

Wiley and the shareholders have a private corporation. Formation of a private corporation is through incorporation, as is the case of Wiley wire corporation. Private corporations are established with a profit motive. Ownership of Wiley wire corporation will be restricted to Wiley and the other shareholders.

4 0
3 years ago
Which of the following acquisitions would be considered the LEAST related? Group of answer choices A candy manufacturer purchase
kari74 [83]

Answer:

An upscale "white-tablecloth" restaurant chain acquires a travel agency.

Explanation:

Few reasons:

  • Such restaurant are luxurious, so they would want to collaborate with travel agencies but not acquire the whole agency itself.
  • Being the upscale restaurant they have to work on their own image not acquiring unnecessary agencies.
  • They have their own customer market, who won't compromise on the choices they make, so they don't need to acquire a travel agency to increase it's branding as not everyone can afford such restaurants.
4 0
3 years ago
Carmel Inc. has come up with the idea of creating a television ad for its new range of assorted cookies. The marketing executive
Debora [2.8K]

Answer: (B) Production house

Explanation:

  A production house is one of the type of studio or the company where the team basically providing the different types of duties on the basis of specialization.

 According to the given question, the RT designs is one of the example of production house as the RT design is the company that basically designing the whole advertisement and also recording, filming the specific given advertisement.

Therefore, this company performing  this type of functions is known as the production house.    

4 0
3 years ago
Soon-Yi Park's chain of travel agencies has identified the lesbian, gay, bisexual, and transgender community as a growing market
Sever21 [200]

Answer:

C) implement a mass marketing campaign

Explanation:

If Soon-Yi Park's travel agency develops a presence on LGBT-oriented social networking sites by positioning his agency as focused on specialized experiences and placing specially targeted ads in gay-themed publications, advertise on LOGO, the cable television network aimed at gays and lesbians and their friends and family. All of the aforementioned components would be an effective marketing plan for Soon-Yi to take advantage of the opportunity.

3 0
3 years ago
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