From the information provided, A single-price monopolist earns a total profit of $80 when it produces and sells 20 units of its good. See the attached for more information.
<h3>How do we arrive at $80?</h3>
Total profit = revenue - cost
Revenue = price x number of units sold
Revenue at 20 units =
20 x9 = $180
Given that Total cost at 20 units is $100, thus,
Total Profit = 180 - 100
= $80.
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Answer:
you could make a diy newtons cradle
Explanation:
The true statement about the Clayton Act is that: C) the Clayton Act allows a plaintiff to collect three times the damages suffered.
<h3>What is the Clayton Act?</h3>
The Clayton Act is an antitrust law of the United States of America which was enacted by the U.S Congress in the year, 1914 and signed into law by President Woodrow Wilson on the 15th of October, 1914, so as to regulate the behavior or activities of massive business entities.
Basically, the true statement about the Clayton Act is that the Clayton Act allows a plaintiff to demand and collect triple the damages suffered.
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Complete Question:
Which of the following is true of the Clayton Act?
A) The Clayton Act permits price fixing.
B) The Clayton Act allows companies to extend their monopoly power.
C) The Clayton Act allows a plaintiff to collect three times the damages suffered.
D) The original Clayton Act contained sanctions for forfeiture of property.
E) The original Clayton Act did not allow individuals to obtain injunctive relief.
