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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

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A company can have many different levels of measuring KPIs. What types of KPIs can be measured besides company-level, campaign-l
Contact [7]

The types of KPIs that can be measured besides company-level, campaign-level, department-level, and team-level KPIs is the marketing tactic-level KPIs.

<h3>What is key performance indicator?</h3>

It should be noted that KPI stands for key performance indicator. This is a quantifiable measure of performance over time for a specific objective.

In this case, KPIs provide targets for teams to shoot for, milestones to gauge progress, as well as insights that help people across the organization make better decisions.

A key performance indicator is a type of performance measurement. It should be noted that KPIs evaluate the success of an organization or of a particular activity in which it engages.

The Key Performance Indicators include:

  • Revenue growth.
  • Revenue per client.
  • Profit margin.
  • Client retention rate.
  • Customer satisfaction.

In conclusion, the correct option is marketing tactic-level KPIs.

Learn more about KPI on:

brainly.com/question/8326923

#SPJ1

3 0
2 years ago
Below are transactions for Hurricane Company during 2021. a. On October 1, 2021, Hurricane lends $7,200 to another company. The
blondinia [14]

Answer:

ACCOUNT          

interest expense  144 debit

interest payable  144 credit

rent expense        1200 debit

prepaid expense  1200 credit

unearned revenue  4600 debit

rent revenue  4600 credit

depreciation expense  3700 debit

acc dep machine  3700 credit

salaries expense  3200 debit

salaries payable  3200 credit

supplies expense  2600 debit

supplies  2600 credit

Explanation:

Interest is calculate doing:

principal x rate x time

7,200 x 0.08 x 3/12 = 144

rent

1,800 for 3 months  there is 2 expired 1,800 x 2/3 = 1,200

earned revenue on rent

11,040 x 5 monhts / 12 = 4,600

supplies:

beginning + purchase - ending = consumed supplies

600 + 3,700 - 1,700 = 2,600

6 0
2 years ago
Paulis Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-d
Oksanka [162]

Answer:

$19,083

Explanation:

Base on the scenario been described in the question, revenue per tenant-day $29.90Total variable expense per tenant-day 20.00 Contribution margin per tenant-day $9.90 Total fixed expense$17,600Net operating income = ($9.90 × 3,400) − $17,600 = $19,083

6 0
3 years ago
Jill is exploring multiple suppliers in order to find the best price. However, instead of calling all eight potential suppliers,
tigry1 [53]

The concept that best describes Jill's action of contacting only the first three suppliers instead of calling all eight suppliers is <u>A) cognitive limitations.</u>

<h3>What are cognitive limitations?</h3>

Cognitive limitations are the human and information processing restrictions imposed on decision-making.  The originate from the limited human cognitive nature and information processing abilities. Cognitive limitations lead to probability distortions.  They cause errors in decision-making.

The implication of Jill's action is that she might be making the wrong decisions.

<h3>Answer Options:</h3>

A) cognitive limitations.

B) optimal decision making.

C) the illusion of control.

D) escalating commitment.

Thus, the concept that best describes Jill's action of contacting only the first three suppliers instead of calling all eight suppliers is <u>Option A</u>.

Learn more about cognitive limitations at brainly.com/question/13649097

7 0
2 years ago
What is the smallest level at which life may exist
DerKrebs [107]
CELL is the smallest level.........
6 0
3 years ago
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