1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pantera1 [17]
3 years ago
13

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

Business
1 answer:
Mice21 [21]3 years ago
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

You might be interested in
Companies that use a two-tier forecasting system first cluster (or "roll up") several similar services or products in a process
Lera25 [3.4K]

Answer:

The answer is D) aggregation

Explanation:

An aggregate forecast addresses a company's capacity requirements

5 0
3 years ago
Which of the following statements is true of the behavior of total variable​ costs, within the relevant​ range? A. They will inc
grandymaker [24]

Answer:

They will decrease as production decreases

Explanation:

Total Variable cost is sum of all the cost incurred in production of total units of goods produced. It is directly proportional to the number of units of goods produced. It helps to analyze cost structure of goods and then decide on pricing strategy of the goods. Some of the examples of variable cost can be packaging cost, raw material’s cost.

Mathematically it can be defined as  

Total variable cost = Total units of goods produced *  variable cost for one unit of good produced  

Hence from the given option  They will decrease as production decreases as the number of units of goods produced will decrease and hence lesser raw material and packaging will be required to produce the goods.

7 0
3 years ago
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The jou
Gnesinka [82]

Answer: a). Debit Factory Payroll Payable $160,000; credit Cash $160,000.

Explanation: Direct labor refers to the manpower used in production. They are the factory workers involved in using the raw materials to produce finished goods.

Expense on direct labor is provided for during the production by a debit to factory payroll expense and a credit to factory payroll payable.

As such, the journal entry will be a debit to factory payroll payable $160,000 and a credit to cash $160,000. This means cash will reduce by $160,000 as the factory workers are paid while payables which is a provision account will reduce as well on the cash book by the same amount.

3 0
3 years ago
What type of planning is conducted by the organization to prepare for, react to, and recover from events that threaten the secur
sattari [20]

Answer:

Contingency plan.

Explanation:

Contingency plan is a plan conducted by an organization to prepare for , react to and recover from events that threaten the security of information and information assets in the organization , and the subsequent restoration to normal modes of business operations.

It prepares the organization for any potential risk , as response to such risk will be fats and timely , and consequently , loss are minimized.

4 0
3 years ago
he graph shows excess supply. A graph titled Excess supply has quantity on the x-axis and price on the y-axis. A line with posit
yan [13]

Answer:

it needs to be decreased

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • Adair Valley issued $20,000,000 of general obligation bonds to construct a multipurpose arena. These bonds will be serviced by a
    8·1 answer
  • What is the four parts of SWOT analysis
    9·1 answer
  • Healthy Snacks has a target capital structure of 60 percent common stock, 3 percent preferred stock, and 37 percent debt. Its co
    13·1 answer
  • Two years ago, Margo deposited $500 into a savings account. One year ago, she deposited an additional $300, and today she deposi
    5·1 answer
  • Sports​ Medicine, Inc., offers two types of physical exams for​ students: the basic physical and the extended physical. The char
    10·1 answer
  • An aging of a company's accounts receivable indicates the estimate of uncollectible receivables totals $4,937.
    13·1 answer
  • Which of the follow is not a common credit card fee
    14·1 answer
  • Philosophers of ethics often contend that the argument that codes should provide action recipes for all situations neglects the
    8·1 answer
  • Point Company uses the standard costing method. The company's product normally takes 0.25 hour to produce. Normal annual capacit
    7·1 answer
  • Using the smith's bbq report, if your total cost of sales will increase by 1% next week, how much in total sales must you make n
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!