Answer:
<u>Status quo</u>.
Explanation:
Status quo is an expression created in the 1700s that means "in the state of things". In a business strategy the status quo can be used to keep business processes as they are. In the case of Procter and Gamble's, maintaining the status quo is a strategy that does not include long-term vision, because even if products are revenue generating, the market is saturated, so it is important to adopt an innovation strategy to prevent potential negative economic factors that may arise.
Stocks and bonds each have a different level of risk and behave differently in response to changes in the financial markets. They may also be key ingredients in your mutual funds.
Putting portions of your money into different types of investments could help you in case some of them don’t measure up.
Answer:
$0.50
Explanation:
A profit-maximizing monopolist maximizes profit at the point where its marginal revenue (MR) is equal to its marginal cost (MC) (i.e. where MR = MC).
In economics, MR is equivalent to price per unit (P).
Since the profit-maximizing monopolist charged $0.50 per pound of meat, that means P = $0.50.
Since MR = P, it implies that MR = P = $0.50.
Also, since a profit-maximizing monopolist maximizes profit at MR = MC, it implies that MR = P = MC = $0.50.
Therefore, the monopolist's marginal cost must be $0.50.