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iVinArrow [24]
3 years ago
10

A monopolist:____.a. produces more than the competitive outcome. b. has zero profits. c. has the same profits as what would have

in a competitive market. d. produces less than the competitive outcome. e. produces the same units as the competitive outcome.
Business
1 answer:
Alexxx [7]3 years ago
6 0

Answer: d. produces less than the competitive outcome.

Explanation:

A monopolist by definition is the only one producing the certain good or service in question. This is in contrast with a competitive situation where many firms will be producing that same good.

Monopolies therefore will be unable to produce the same amount that a competitive outcome would because they would not have the capacity. This leads to a situation where monopolies can charge higher for their goods and services as opposed to competitive firms.

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To select nonadjacent items, hold down the ________________ key while selecting the items.
Bas_tet [7]

To choose non-adjacent items, hold down the _SHIFT_BUTTON____ key and connect to the desired items.

<h3>Which key is pushed from the keyboard to set the nonadjacent files folders?</h3>

To use the keyboard to choose a group of icons that are not adjacent, pick the first file, hold down the Ctrl key, and use the arrow keys to move through the list; press the spacebar for per file you want to select.

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6 0
1 year ago
Life insurance that covers an insured’s whole life with level premiums paid over a limited time is called:
maks197457 [2]
Limited-pay life !!!!!
5 0
3 years ago
Consumer spending is likely to rise when
WARRIOR [948]

Answer:

interest rates change! hope this helps! :)

Explanation:

5 0
3 years ago
A loan officer states, "Thousands of dollars can be saved by switching to a 15-year mortgage from a 30-year mortgage." Calculate
Lynna [10]

Answer:

$113,465

Explanation:

Calculation to determine difference in total dollars that will be paid to the lender under each loan

First step is to Calculate the difference in payments on a 30-year mortgage at an interest rate of .75% a month

$100,000 = PMT([1 / (0.0075)] − 1 / {(0.0075)[(1.0075)]^30 × 12})

PMT = $804.62

Second step is to Calculate the difference in payments on a 15-year mortgage at an interest rate of .7% a month

$100,000 = PMT([1 / (0.007)] − 1 / {(0.007 )[ 1.007)]^15 × 12})

PMT = $ 978.87

Now let determine the Total difference

Total difference = ($804.62 × 12 × 30) − ($978.87 × 12 × 15)

Total difference= $113,465

Therefore difference in total dollars that will be paid to the lender under each loan is $113,465

6 0
3 years ago
The market for pizza is perfectly competitive and has​ 1,000 firms. Each firm is identical. Describe each firm in​ long-run equi
Stolb23 [73]

Answer:

The correct answer is option D.

Explanation:

In a perfectly competitive market, firms can have positive economic profits only in the short run. In the long run, though, the firms can enter and exit the market, so if some firms among the 1,000 are having profits, it will attract potential firms to join the market.  

This causes the market supply to increase. This increase in supply reduces prices and profits.  

Similarly, if some of the firms among 1,000 are having losses in the short run, then in the long run, the firms incurring losses exit the market. This reduces market supply and thus increases price and profits.  

This process continues until all the firms are having zero economic profits.

8 0
4 years ago
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