1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MAXImum [283]
2 years ago
15

What happens if a monopolist increases the price of a good?

Business
1 answer:
Natali5045456 [20]2 years ago
4 0

Answer:

By contrast, because a monopoly is the sole producer in its market, its demand curve is the market demand curve. If the monopolist raises the price of its good, consumers buy less of it. Also, if the monopolist reduces the quantity of output it produces and sells, the price of its output increases.

Explanation:

Also can you mark me as brainliest

You might be interested in
The cost to manufacture one unit of Killian Audio Products' best-selling hearing aid, the Zone, is $67.50. The CFO of the compan
ikadub [295]

Answer:

Economies of scale

Explanation:

Economies of scale refers to reducing total costs per unit by increasing total output. All companies have certain fixed costs, some companies have higher fixed costs than others, but they always exist. When you are producing something, the cost equation is production costs = variable costs per unit + average fixed costs per unit.

Variable costs vary directly with output, while fixed costs do not, e.g. salaries can be fixed, depreciation, rent, interests, etc. The higher the output, the lower the average fixed cost per unit.

Also, sometimes variable costs can also decrease as total output increases. E.g. you can get higher discounts for purchasing larger quantities of materials and supplies.

4 0
3 years ago
1. When you spend more than you make, you have a(n) _____?
Y_Kistochka [10]
I think the correct answer from the choices listed above is option A. When you spend more than you make, you have a deficit. <span>In economics, a </span>deficit is<span> an excess of expenditures over revenue in a given time period. Hope this answers the question. Have a nice day.</span>
7 0
3 years ago
Read 2 more answers
Sunland Company had 203000 shares of common stock, 20100 shares of convertible preferred stock, and $607000 of 10% convertible b
svetlana [45]

Answer:

Option B fits perfectly,$1.61

Explanation:

Basis earnings per share is the total earnings attributable to common stock divided by the weighted average number of common stock in the year.

Earnings attributable to common is net income minus preferred stock dividends

Net income is $361,000

preferred stock dividend=20,100*$1.70=$ 34,170.00  

earnings attributable to common stock=$361,000-$ 34,170=$ 326,830

Weighted average number of common stock is 203,000 shares

basic earnings per share= $326,830/203,000=$1.61

The correct option is B,$1.61

 

6 0
3 years ago
In a wholly owned or closely held corporation, there really is little distinction between the functions of a board of directors
umka21 [38]

It is true that there is little distinction between the functions of a board of directors and those of a board of advisers in a wholly owned or closely held corporation.

<h3>What is a board of directors and board of advisors? </h3>

A board of directors refers to the elected group of individuals that represent shareholders while the board of advisors refers to the group of individuals who are appointed to provide counsel businesses.

In conclusion, it is true that there is little distinction between the functions of a board of directors and those of a board of advisers in a wholly owned or closely held corporation.

Read more about board

<em>brainly.com/question/4771644</em>

8 0
2 years ago
What is an assessment of what you own and what you owe?
mamaluj [8]
The term that is being referred above is the Personal Balance Sheet or Statement. This shows the result of your assessment as to what you own and what you can owe. This assessment aims to check your financial health and the status of your personal finances. Answer to this is the first option.
3 0
3 years ago
Read 2 more answers
Other questions:
  • (c) Which of the following statements are true? (You may select more than one answer. Single click the box with the question mar
    6·1 answer
  • Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months. They will not i
    13·1 answer
  • If the United States government raises the income taxes on the wealthiest Americans, while increasing welfare payments to the po
    6·1 answer
  • Which of the following must be included in Pete’s income? 1. Short-term capital gains of $10,000 from the sale of stock. 2. Long
    14·2 answers
  • Mocha Company earned net income of $ 105,000 during the year ended December ​31, 2018. On December ​15, Mocha declared the annua
    10·1 answer
  • which of the following countries had the highest per capita GDP in 2013? Iran, Malaysia, Poland, Turkey
    13·1 answer
  • Which of the following is not an example of an unhealthy company culture?
    11·1 answer
  • The five stages of purchase decision process are problem recognition, information search, _______, purchase decision and _______
    9·1 answer
  • Anyone who wants to use copyright material must obtain permission from the copyright owner in the form of a ____.
    6·1 answer
  • A company that uses a strategy of selling its products to a distributor in another country would be using.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!