Assuming no economies of scale and identical costs, if the firms in a purely competitive industry were replaced by a profit-maximizing monopolist, the likely result would be <u>an Increase in price and reduced output</u>.
A key characteristic of a monopolist company is that it is a profit maximizer. A monopolistic market has no opposition, meaning the monopolist controls the rate and quantity demanded. the level of output that maximizes a monopoly's earnings is while the marginal cost equals the marginal sales.
The profit-maximizing monopolist for the monopoly will be to produce at the amount wherein marginal sales is equal to marginal fee: that is, MR = MC. If the monopoly produces a decreased amount, then MR > MC at those ranges of output, and the firm could make better income by way of expanding output.
The profit-maximizing output stage is represented as the only at which total sales is the height of C and total price is the peak of B; the maximal earnings is measured as the period of the section CB. This output level is also the only at which the whole earnings curve is at its maximum.
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Answer:
primary; secondary
Explanation:
The primary market is the market where the securities are to sold for the first and foremost time i.e. initial public offering through investment bank
While on the other hand, the secondary market is the market where the securities are traded by the investors and they deal with the existed securties
So the fill in the banks could be filled with the primary and secondary
<span>He has committed "twisting".</span>
<span>
Twisting is intentionally putting forth deceptive
expressions that would make a insured to lapse, appoint, or end insurance
policy with a specific end goal to switch companies or policies. It is the
demonstration of initiating or endeavor to instigate a policy owner to drop a
current policy and to take another policy by utilizing deceptions or fragmented
correlations of the focal points of the two policies.</span>
The account titles for transaction (C) 5/4 should appear in the Account Title column of the journal entry as s<span>upplies Cash
Hope this helps!!</span>
Answer:
A transformation T: (x, y) (x + 3, y + 1). For the ordered pair (4, 3), enter its preimage point.
(-1, 2)
(1, 2)
(7, 4)
Explanation:
A transformation T: (x, y) (x + 3, y + 1). For the ordered pair (4, 3), enter its preimage point.
(-1, 2)
(1, 2)
(7, 4)
