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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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Which are guidelines for using Themes?
kipiarov [429]

Answer:

I think it's D. or A. or B. but I mostly think it's D. Be consistent with themes across worksheets and workbooks

6 0
3 years ago
Which of the following do the growth or decline of a company's revenues measure?
lina2011 [118]
The rate of inflation
3 0
3 years ago
Hollister Company amended its defined benefit pension plan at the beginning of 2020 and recognized prior service cost of $1,700,
zzz [600]

Answer: b. $ 1,900,000

Explanation:

The Net Increase in PBO can be calculated by the formula;

= Prior service cost + Service cost + Interest on the PBO - Benefits paid

= 1,700,000 + 400,000 + 190,000 - 390,000

= $1,900,000

4 0
3 years ago
Which of the following statements is correct about the requirements of an LLP?
Ber [7]

Answer:

The correct answer is letter "B": The business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase, and the parties must file a form with the secretary of the state.

Explanation:

A Limited Liability Partnership or LLP is the type of business structure where partners are only liable for what they contribute to the firm. This implies if the firm goes into bankruptcy, the personal assets of the partners are not subject to liability. Under this type of partnership, the business name must include at least its abbreviation (LLP) and when setting up the firm, a letter to the secretary of state must be addressed informing about the creation of the new entity and its core purposes.

8 0
3 years ago
After Hiro's family photoshoot, the photographer sells the printed photos by the sheet. Hiro has a \$200$200dollar sign, 200 cre
Papessa [141]

Answer: 5 sheets

Explanation:

The question seems incomplete, however, I found the mentioned equation:

C=40 (5-s)

We are told C is in units of \$ and s is in units of sheets, this means the other side of the equation must be in \$, as well.

So, if we make a dimensional analysis :

\$=40\frac{\$}{sheets} (sheets)

This means each sheet costs \$40, then with a <u>Rule of three</u>, we can find how many sheets Hiro can purchase with  \$200:

If:

1 sheet ---- \$40

s sheets ---- \$200

Then:

s=\frac{(\$200)(1 sheet)}{\$40}=5 sheets

Therefore,  C=\$0 (the total credit left is zero) and we can verify s=5 by isolating it from the equation:

s=\frac{200 - C}{40}

s=\frac{200 - 0}{40}

s=5

8 0
3 years ago
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