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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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Technology has not really affected the hospitality industry.<br> True or false
drek231 [11]
False. think about x-rays and radio graphs if we didn't have these a lot of people would die because of these life saving technology
8 0
3 years ago
Read 2 more answers
The intensive care unit lab process has an average turnaround time of 26.2 minutes and a standard deviation of 1.35 minutes. The
olga55 [171]

Answer: yes

Explanation:

Upper specification = 30 minutes

Lower specification = 20 minutes

Average service = 26.26minutes

Sigma= 1.35 minutes

7 0
2 years ago
Assume that the farmer and the rancher can switch between producing pork and producing tomatoes at a constant rate. Assume that
dusya [7]

Answer:

C) 6 pounds of pork and 8 pounds of tomatoes

Explanation:

Explanation:

            Labor hours to make 1 lb. of:          lbs. produced in 24 hours

                 Pork                  Tomatoes              Pork            Tomatoes

Farmer         6                            3                       4                       8

Rancher       4                            4                       6                       6

If both decide to specialize in producing only one good, the farmer will produce 8 pounds of tomatoes per day and the rancher will produce 6 pounds of pork per day.

This way when the rancher trades 4 pounds of pork in exchange for 6 pounds of tomatoes, he is gaining 2 pounds of pork which is equivalent to 8 labor hours.

When the rancher trades 6 pounds of tomatoes in exchange for 4 pounds of pork, he is gaining 2 pounds of tomatoes which is equivalent to 6 labor hours.

3 0
3 years ago
Data from the financial statements of Dils Brothers Co. and J. Cox, Inc. are presented below (in millions): Dils Brothers Co. J.
9966 [12]

Answer:

0.64

Explanation:

Debts to total asset ratio = Total liabilities / total assets

For J.Cox Inc 2016;  Debts to total asset ratio = $47,422 / 73,744

Debts to total asset ratio = 0.64306

Debts to total asset ratio = 0.64

2016 debt-to-total-assets ratio for J. Cox, Inc. is 0.64

3 0
2 years ago
Question 8 of 10
kirill115 [55]

Answer:

A. A balance sheet shows the total assets, liabilities, and owner's

equity at the end of the period

Explanation:

As we know that

The income statement recognized only the income earned and expenses incurred of an organization

While on the other hand the balance sheet shows the financial position, profitability of the company. It involves assets, liabilities and stockholder equity

So according to the given options, the option A is correct

hence, the rest of the options would be incorrect

6 0
2 years ago
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