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3 years ago

If marginal cost exceeds marginal revenue, a profit-maximizing monopolist will

Business

1 answer:

Mademuasel [1]3 years ago

6 0

Answer:

Reduce marginal costs so that they equal marginal revenue.

Explanation:

Regardless of whether the producer is a monopolist, oligopolist, or in perfect competition, the profit-maximizing quantity is where marginal revenue equals marginal costs, or in other words the cost of producing the next unit of output is equal to the revenue earned by the next unit of sales. Any output before this holds an opportunity cost, and any output after this intersection is losing money.

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egoroff_w [7]

Not trying to be rude but that’s too much for too little amount of points
That’s technically an entire book page of reading

4 0

3 years ago

Differentiate between saving account and current account.

Afina-wow [57]

A savings account is an account held at a bank or another financial institution. This account could be seen online and is used to store money and earn interest on that money.
A savings account saves your money.

A current account is a bank account that keeps your money safe and secure, it helps manage finances and is easy to make payments with. With a current account you can have deposits, withdrawals, etc. In an current account an amount can be deposited and withdrawn at any time without any notice needed.

6 0

3 years ago

Read 2 more answers

according to the textbook, the keys to successful supply chain management include trust, cooperation, collaboration and honest,

kupik [55]

According to the textbook, the keys to successful supply chain management include trust, cooperation, collaboration, and honest, accurate communications between supply chain partners. True

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Learn more about management here brainly.com/question/25453419

#SPJ4

8 0

1 year ago

Phoenix Company can invest in each of three cheese-making projects: C1, C2, and C3. Each project requires an initial investment

arlik [135]

Answer:

Only projects C2 and C3 should be carried out since their net present value is positive ($5,630 and $15,329 respectively). While project C1 should be rejected because its NPV is negative.

Explanation:

C1 C2 C3

initial investment -$288,000 -$288,000 -$288,000

cash flow 1 $32,000 $116,000 $200,000

cash flow 2 $128,000 $116,000 $80,000

cash flow 3 $188,000 $116,000 $68,000

total $348,000 $348,000 $348,000

required rate of return =9%

NPV -$5,737 $5,630 $15,329

NPV C1 = -$288,000 + $32,000/1.09 + $128,000/1.09² + $188,000/1.09³ = -$5,737

NPV C2 = -$288,000 + $116,000/1.09 + $116,000/1.09² + $116,000/1.09³ = $5,630

NPV C3 = -$288,000 + $200,000/1.09 + $80,000/1.09² + $68,000/1.09³ = $15,329

8 0

4 years ago

Classify the following topics as relating to microeconomics or macroeconomics.

GalinKa [24]

A. Micro
B. Macro
C. Micro
D. Macro
E. Micro

7 0

3 years ago