Suppose a monopolist produces output where total revenue is maximized. At that output, the price elasticity of demand for the monopolist's output is equal to one.
What is Monopoly?
A monopoly is a market structure where one producer or seller holds a significant amount of influence within a certain market. Monopolies are forbidden in free-market economies as they limit customer alternatives and discourage competition. A company that enjoys monopoly status lacks replacements for its goods and faces little internal competition. Monopolies have the power to set prices and create barriers to entry for competing companies. Monopolies frequently benefit from economies of scale, the capacity to produce large volumes at reduced unit prices.
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Based on the scenario, it is likely that Joe has made a non-programmed
decision in a way of implementing a programmed decision.
A programmed decision is a way of deciding that is easy in
regards of the individual to decide in a certain decision where as a
non-programmed decision is a way of using logic in which there is high risk
level involved in a decision.
Answer:
Leadership within a project team should be demonstrated only by the project manager. ... When many members of the project team disagree, then it may be best to delay the decision, gather more data, or agree to let one or two team members investigate and recommend a strategy for the whole team
Answer:
WIP assembly 56,000 debit
WIP Finishing 40,000 debit
Factory Overhead 96,000 credit
Explanation:
<u>Assembly</u>
DM 24000
DL 35000
FO 35,000 x 160% = 56,000
<u>Finishing</u>
26000
25000
FO 25,000 x 160% = 40,000
Answer:
This question is incomplete, it misses the options. The options are the following:
A) creating and acquiring knowledge.
B) being committed to learning.
C) modifying her behavior.
D) generalizing ideas.
E) transferring her knowledge.
And the correct answer is the option E: transferring her knowledge.
Explanation:
To begin with, the name of <em>"Learning Organization"</em> is used in the field of business to refer to the type of organization that is characterized by the fact of always encouraging the fact of keep its employees learning from each other, from the environement, from the context and so on. Therefore that this type of organization seeks for the improvement of knowledge with the only purpose of becoming better at what they do by sharing what every one knows. And that is why, that Myra proves that she is working in a learning organization by transferring her knowledge about the topics to everyone.
