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finlep [7]
2 years ago
12

Marginal revenue for a monopolist is computed asa.average revenue times quantity divided by price.b.total revenue divided by qua

ntity sold.c.change in total revenue per one unit increase in quantity sold.d.average revenue divided by quantity sold.
Business
1 answer:
aksik [14]2 years ago
7 0

Statement that explains Marginal revenue and it can be computed for a monopolist is C:sold.c.change in total revenue per one unit increase in quantity sold.

  • Marginal revenue  can be regarded as central concept in microeconomics which focus on additional total revenue that us been gotten by increasing product sales by 1 unit.

  • In monopolist,it can be computed by change in total revenue with respect to a unit increase that is been sold.

Therefore, option C is correct.

Learn more

brainly.com/question/25404320?referrer=searchResults

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For a perfectly competitive firm, which of the following is not true at profit maximization?a. Total revenue minus total cost is
topjm [15]

Answer: Option (d) is correct.

Explanation:

Correct option: Market price is greater than marginal cost.

In a perfectly competitive market, there are large number of buyers and sellers. So, price is determined by the market forces.

At a point of profit maximization, price is equal to the marginal cost and we have to maximize the difference of the total revenue and total cost. It was not seen in a perfectly competitive market that the price is above the marginal cost at a profit maximizing point.

Therefore, option (d) is not true.

5 0
4 years ago
Why do you think Bill Bowerman liked that Tinker shared his thoughts about the test shoes
kompoz [17]

Answer:

to connect

Explanation:

make moneyghgghgjjvyiv

5 0
3 years ago
30 POINTS FOR BEST ANSWER!!!!
pochemuha
I'd definitely use paper products. Firstly they are less expensive than other types. Secondly it would save my factory money. According to usi.edu the construction costs of paper mills designed to use wasted paper is "<span>50 to 80% less than the </span>cost<span> of </span>a <span>mill using new pulp." Thirdly it is renewable because I could plant trees after I cut some down for my factory. </span>
6 0
4 years ago
Transactions processing systems monitor, collect, store, and process data generated from all business events. Select one: True F
Radda [10]

Answer:

TRUE

Explanation:

For example: consider a video game store where a customer comes in to buy a product then pay for it at the checkout counter. The staff goes to take the similar product from the store room and replaces it on the shelve. When the stock runs low, new products are ordered.

All the processes above involve the collection, storing and processing of the  the product and the system that monitors those process is known as Transaction Processing System.

4 0
4 years ago
What does a balanced lifestyle look like? choose a job you would like to have and describe how you could keep your life balanced
Stels [109]

Balance life is the ability to manage one's life effectively, given attention to all that is needed.

<h3>What is balance lifestyle?</h3>

Balanced lifestyle occurs when an individual is able to manage all aspect of life without affecting each other.

The individual is able to work effectively and still have a good time with his or her family.

An individual with a personal business can have a flexible schedule to accommodate all that matters to his lifestyle.

Therefore, Balance life is the ability to manage one's life effectively, given attention to all that is needed.

Learn more about balance life here,

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8 0
3 years ago
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