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Masja [62]
2 years ago
12

Explain why the monopsonist's marginal-revenue-product curve is downward sloping. Include the role of the price for the final go

od or service in your answer.
Business
1 answer:
alekssr [168]2 years ago
3 0

Answer:

A monopsony is market where there is only one buyer, e.g. the government is the sole buyer for nuclear submarines in the US.

The demand curve of a monopsony is similar to the demand curve of any other type of market, i.e. it is downward sloping. Since there is only 1 buyer, the demand curve is also the supply curve. If the monopsonist wants to increase the quantity demanded at a lower price, the supplier (or suppliers) must be able to lower its costs and that generally results in lower labor costs.

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Lean Principles The chief executive officer (CEO) of Platnum Inc. has just returned from a management seminar describing the ben
Vladimir79 [104]

Answer:  Option E

Explanation:

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7 0
3 years ago
esterday, Berryman Investments was selling for $50 per share. Today, the company completed a 7-for-2 stock split. If the total m
boyakko [2]

Answer:

The correct option is C, $14.29  

Explanation:

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This simply means that a stockholder who had 2 shares before the stock split now has 7 shares.

The price of the share after the stock split the value of 2 shares before stock split divided by 7 shares i.e   ($50*2)/7=$ 14.29  

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3 years ago
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jok3333 [9.3K]

Answer:

I cant

Explanation:

IM A KID I WANT ONE TOOOOO!!!!

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