Answer:
(1)raise, (2)decrease
Step-by-step explanation:
A monopolist's marginal cost curve shifts up, but the firm's demand curve remains the same and the firm does not shut down. Compared with the condition before the increase in marginal costs, the monopolist will <u>raise</u> its price and <u>decrease</u> its level of production.
Marginal cost is the additional cost incurred when one more unit of the output is produced. It is a J-shaped curve, which <em>initially decreases, reaches its minimum and then starts increasing.</em>
Marginal cost is an important factor in economic theory because a company that is looking to maximize its profits will produce up to the point where <em>marginal cost (MC) equals marginal revenue</em>
Answer:
x=−5/2,6
Step-by-step explanation:
All you have to do is add 500+100=600. This is easy
<span>3h-9n-8 use h=6 and N=-2
</span><span>3(6) -9(-2)-8
= 18 + 18 - 8
= 28</span>
Answer:
88 miles
Step-by-step explanation:
From the question I'm Presuming you are taking the average.
Add the two numbers together 82 + 94 = 176
Do 176 divided by 2 to get 88
You do divide by 2 because of the two days
