From the information provided, the profit-maximizing level of output will be 5 units (Option C)
<h3>What is a pure monopolist?</h3>
A market structure known as a pure monopoly occurs when there is only one supplier of a product, and there are no reasonably priced alternatives. Pure monopolies are not common.
<h3>What is the explanation for the above?</h3>
When marginal cost and marginal revenue are equal, a monopolist produces that level of output (MC=MR). This is the output that maximizes profit.
If MC > MR, then the monopolist creates an output level where the most recent output costs less than it generates income.
To put it another way, the monopolist creates the final output when marginal revenue exceeds marginal cost.
Because it will cut into the monopolist's profits, the company won't produce a good where the marginal cost is higher than the marginal revenue.
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Full Question:
Answer the question on the basis of the provided demand and cost data for a pure monopolist.
The profit-maximizing level of output will be
A) 4 units.
B) 7 units.
C) 5 units.
D) 6 units.
Options:
Offshore
Outsource
Keep in-house
Keep domestic
Answer: keep domestic
Explanation: The recruitment options embarked upon by firms may affect the policies or type of processes the firm's employ in overseeing their recruitment process. For firms who seems skeptical about issues relating to distance, legal issues, country risk, morale and other issues listed above, such firms will best be better placed to oversee a hiring process which is restricted to the local environment which the firm is well informed about and devoid of international and legal barriers, oversea culture and mentality which may hamper or affect the required hiring structure of the firm.
The net income or net loss is calculated on the
statement of owner’s equity.
Answer:
$3800
Explanation:
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow fromyear 1 to 15 = 500
I = 10%
PV = 3800
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
Organic organization , uses an extremely organic organizational structure. ... In a simple, stable environment, therefore, companies benefit from the efficiencies created by a mechanistic organizational structure.
