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2 years ago

If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then _____.

1 answer:

8 0

If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then the government should make the price equal to the marginal cost.

Monopolies are businesses that are dominated by few people in the industry. They have little competition from others and have high barriers to entry.

They can sometimes reduce production to increase the price of their goods and services.

The government can regulate the activities of monopolies by making their price equal to the marginal cost.

Learn more about monopolies here:

brainly.com/question/13113415

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Suppose that towns collect resources from their surroundings. Then, through trade, they attempt to obtain other desirable items.

Olin [163]

Answer:

-equal to zero

Explanation:

As the price for wood is above the demand is willing to pay there is no trade.

Either some of the participants will increase their demand and accept the price of 60 dollars; look for another supplier or look into producing for themselves

Also, Timber could lower the prce of wood so trade occurs.

5 0

2 years ago

The operations of Winston Corporation are divided into the Blink Division and the Blur Division. Projections for the next year a

lesya692 [45]

Answer:

d, $24,500

Explanation:

Computation for the Operating income for Winston Corporation as a whole if the Blur Division were dropped

Operating income (loss) for Blink Division $56,000

Less Allocated common costs Blur Division (31,500)

Operating income for Winston Corporation $24,500

Therefore the Operating income for Winston Corporation as a whole if the Blur Division were dropped would be $24,500

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2 years ago

Father died with will in florida, leaves to children that does not want to pay off property bills

vitfil [10]

If none of the children are willing to pay than the bank will take the house back if the father had a loan on it.

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2 years ago

Understand and explain the process of idea generation and validation

natita [175]

Answer:

Idea generation is the creative process or procedure that a company uses in order to figure out solutions to any number of difficult challenges. It involves coming up with many ideas in a group discussion, selecting the best idea or ideas, working to create a plan to implement the idea, and then actually taking that idea and putting it into practice. The idea can be tangible, something you can touch or see, or intangible, something symbolic or cultural.

Idea validation is the process of testing and validating your idea prior to launching your business name, tagline, product, service or website. This is like the research and development process big companies use to test product ideas before they’re released to the general public.

Idea validation can involve anything from information-gathering interviews to special landing pages on the web. The entire purpose is to expose the idea to your target audience before you build and release the final product.

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2 years ago

The supply of coffee has increased twice as much as the demand for coffee. As a result, we can predict a(n):

vichka [17]

Increase in the supply of coffee will result to a decrease in price of coffee, this is because there is more coffee in the market compared to the quantity demanded by the consumers. Hence, the surplus coffee in the market will make the suppliers or the sellers to lower the price so as to clear the stocks.

8 0

2 years ago