For a monopolist: price equals average total cost. price is above marginal revenue. marginal revenue equals zero.

Answers

Answer 1

Answer:

The correct answer is C) Price is above the Marginal Revenue Curve.

Explanation:

In a monopoly, entry in to the market is prohibited or very difficult. It features one seller and many buyers. The monopolist controls price and output simultaneously but not independent of each other.

However, in order to sell more, the monoplist must drop its prices. This is why the Marginal Revenue curve is steeper under a monopolistic market.

If for example, a monopolist can sell 1 loaf of bread of $60 or 2 loaves for $59 each.  To sell two loaves, the price must drop by $1.  But MR for the second one is change in Total Revenue divided by change in quantity or (118 – 60) / (2-1) = $58.  So MR fell by $2 which is arrived at by subtracting $60 from $58. This of course is twice the rate of price.      

Cheers!


Related Questions

Janelle will receive $500 if her performance appraisal score is at least a 4.0. It sounds like Janelle is under a _________ plan.

Answers

Answer:

Merit pay

Explanation:

Merit pay can be defined as a payment that is performance related. It is a form of payment or benefits for an individual that attains a certain high target.

For example, companies use merit pay as bonuses for employees that meet extraordinary targets within a period of time.

For Janelle in the question above, $500 is a payment for having an appraisal score of 4.0. This means that if Janelle has an appraisal score lover than 4.0, she would not get $500.

Cheers.

During a recession, the government spends $100 million to stimulate the economy. If the marginal propensity to consume is 0.8, what will be the potential increase in income in the economy as a result of the government increase in the spending level

Answers

Answer:

Potential increase in income = $500 million

Explanation:

Expenditure Multiplier is the amount by which the real GDP will change if autonomous expenditure changes by a given amount.  

The real GDP will change in greater proportion or magnitude as a result of a unit change in any of the component aggregate expenditure. This is called the multiplier effect

The expenditure multiplier is calculated as follows: 1/(1-MPC).

MPC is the portion of additional income that is spent. If the MPC is 0.8, then the expenditure multiplier will be = 1/(1-0.8) = 5

Using the with an date from the question in government spending by $million, the resulting change in GDP would be  

Change in GDP = change in autonomous expenditure × Multiplier

= 100 × 5 = $500 million

Potential increase in income = $500 million

The ________ states that the terms of a written contract may not be changed by evidence of any prior agreement but may be explained or supplemented

Answers

Answer:

Parol evidence rule

Explanation:

Parole evidence rule is a provision of the law that limits the extent to which a present agreement under consideration can be modified by previous agreements.

For example if two parties make an agreement and put it in writing as a contract, this law does not allow previous agreements like an oral agreement to be introduced to modify the contract under consideration.

Any prior agreement cannot be used to interpret the present one.

"A customer who has a fully paid long position in ABC stock goes "short against the box" for a credit to his account of $50,000. ABC is a NASDAQ stock. The minimum maintenance margin requirement is:"

Answers

Answer: 2500

Explanation:

From the question, we are informed that acustomer who has a fully paid long position in ABC stock goes "short against the box" for a credit to his account of $50,000 and that ABC is a NASDAQ stock.

Then, to get the minimum maintenance margin requirement, we should know that FINRA has a 5% minimum maintenance margin on the long side. This will then be:

= 5% of 50,000

= 5% × 50,000

= 2500 minimum

To study the effect of price on Frank's demand for premium movie channels, economists hold his monthly income constant. This is an example of a(n) ___

Answers

Answer:

The appropriate answer will be "Ceteris paribus ".

Explanation:

This widely commonly utilized expression continues to stand for 'unaffected as well as constant include all stuff.'It has been used in economic principles to figure or conquer out the probability of attempting to change 'certain' causes, i.e. focusing on either the basic cause and effect relationship between two continuous variables.

So that the given statement would be the example of Ceteris paribus.

The Intel Inside campaign promoting both the Intel Corporation and its Pentium-brand processors in conjunction with advertising for various brands of personal computers is an example of: Group of answer choices

Answers

Complete Question:

The Intel Inside campaign promoting both the Intel Corporation and its Pentium-brand processors in conjunction with advertising for various brands of personal computers is an example of:

A) brand equity.

B) brand symbol.

C) co-branding.

D) brand extension.

E) brand loyalty.

Answer:

C) co-branding.

Explanation:

The Intel Inside campaign promoting both the Intel Corporation and its Pentium-brand processors in conjunction with advertising for various brands of personal computers is an example of co-branding.

Co-branding can be defined as a strategic marketing plan that involves the use of multiple (two or more) brand names on a merchandise and the marketing of such products with the multiple names.

In this scenario, the Intel Inside campaign makes use of two (2) brand names; Intel Corporation and Pentium-brand processors.

The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative is:

Answers

Answer:

Differential cost

Explanation:

Differential cost is defined as variance in cost that will be incurred between two courses of action. This is used to evaluate the best option of two investments under consideration.

The option that has more revenue will have less cost. So differential cost calculation is used to determine line of action that will bring least cost.

For example if one alternative action will entail use of a warehouse of $30,000, and the alternative is to use just in time inventory practice thereby requiring $10,000 in storage cost.

The best option is the just in time option

Clean Earth, Inc. is a Delaware benefit corporation that produces cleaning products using 100 percent recycled, organic, and sustainably produced materials. Several years ago, it became a socially conscious organization and has fulfilled all of the reporting requirements since then. Clean Earth executives have decided to purchase its paper product supplies (such as napkins and toilet paper) from a new supplier, who plants two trees for every tree it uses. Since this supplier charges five times more than Clean Earth's previous supplier, profits from Clean Earth's paper products are expected to be cut in half. If a Clean Earth shareholder challenges the decision as being unfair to shareholders, how will a court likely rule

Answers

Answer: The court will likely rule against the shareholders, as long as Clean Earth has acted in responsible and a sustainable manner.

Explanation:

From the question, we are informed that Clean Earth"s new supplier charges five times more than the supplier, and this will lead to the reduction in profits.

If a Clean Earth shareholder challenges the decision as being unfair to shareholders, a court will likely rule against the shareholders, as long as Clean Earth has acted in responsible and a sustainable manner.

During its first year of operations, Sarasota Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 26,400 shares for cash at $6 per share. July 1 Issued 57,000 shares for cash at $7 per share.
a) Journalize the transactions, assuming that the common stock has a par value of $6 per share.
b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $1 per share

Answers

Answer:

I think the answer is 444664

Explanation:

444664 hope this help

Helga runs a website on which she sells houseplants. She also earns through pay-per-click advertising that allows search engines to show targeted ads on her site. Which of these products are likely to be advertised on her website?

a. Gardening gloves
b. Terracotta planters
c. Garden scissors
d. Watering cans

Answers

Answer: a. Gardening gloves

b. Terracotta planters

c. Garden scissors

d. Watering cans

Explanation:

From the question, we are informed that Helga runs a website on which she sells houseplants and that she also earns through pay-per-click advertising that allows search engines to show targeted ads on her site.

All the products will be advertised on her website. The gardening gloves, terracotta planters, garden scissors and the watering cans are all materials that are required for plant growth to provide water and keep weeds away.

As Helga runs a website on which she sells the household gardening products. She earns by pay per click and allows the search engines to show the ads on he website.

She is most likely to sell the ads of the gardening gloves and terracotta planters long with the garden scissors. As she is selling the houseplant products she needs to have all the planting equipment.

Hence the option A, B, and C.

Lean more about the which she sells houseplants.  

brainly.com/question/17562795

When all companies and their managers in a society behave in a socially responsible way, business increases, quality of life increases, and a climate of caring will pervade. lawlessness all but ceases to exist. people look after their own interests. small business starts increase. inflation decreases.

Answers

Available Options Are:

A. A climate of caring will pervade.

B. Lawlessness all but ceases to exist.

C. People look after their own interests.

D. Small business starts increase.

E. Inflation decreases.

Answer:

Option A. A climate of caring will pervade.

Explanation:

When the people in a society start acting socially responsible which means that they value every single life on earth because acting socially means sustainability which says that the future generation needs must not be compromised in meeting current generation needs. Hence when everyone will be thinking as a socially responsible person then their will be a climate of care and every life matter would be understood by every single person on earth.

The climate of caring will pervade. Hence the option A is correct.

What is the climate of caring?

The climate of caring is the extent to which an individual views a particular setting to safe and inviting safe, supportive, and able to give the experience of being evaluated and respected.

It is also referred to as climate psychology and helps us in understating the employee's relationship with their work environment.

Hence the all companies managers in the society should behave in a socially responsible way.

Find out more information about the companies.

brainly.com/question/24553900.

Mr. Zee worked 48 hours during the week ended January 18, 2013. He is paid $10 per hour, and is paid time and a half for all hours over 40 in a week. He had $100 withheld from his pay for federal income taxes, and $20 withheld for health insurance. The combined social security and Medicare tax rate is 7.65%, and the federal and state unemployment tax rates are .8% and 3.8%, respectively. All earnings are taxable. What is the total employer payroll tax expense for Mr. Zee's current paycheck

Answers

Answer:

$63.70

Explanation:

The computation of the total employer payroll tax expense is shown below:

But before that we need to determine the gross salary which is shown below:

= 40 hours × $10 + 8 hours × $15

= $400 + $120

= $520

Now the total payroll tax expense is

= Gross salary × (social security and Medicare tax rate + federal tax +  state unemployment tax rates)

= $520 × (7.65% + 0.8% + 3.8%)

= $63.70

The produces computers and sells them to . At the same time produces cars and sells them to the . Suppose there is an appreciation in the . This will​ cause:

Answers

Correct/Complete Question:

The United States produces computers and sells them to Russia. At the same time, Russia produces cars and sells them to the United States. Suppose there is an appreciation in the dollar. This will​ cause:

Answer:

increase in imports into the United States and decrease in exports to Russia​ will occur, which will cause a decrease in aggregate demand and real GDP

Explanation:

Aggregate demand is the total demand for a good or service in an economy at a given time. Real GDP on the other hand can be defined as an inflated value of goods and services in an economy at a certain period of time. An inflation of the dollar will increase imports into the united states as it would decrease the exports to Russia. This because the appreciation of the dollar will affect the prices of both computers and cars. And as such will

Assume an increase in investment spending by $100, and a marginal propensity to consume (MPC) of 0.6. How much would GDP increase after the $100 was absorbed by the economy due to the multiplier effect

Answers

Answer:

The increase in GDP is $250

Explanation:

The increase in investment spending = $100

Marginal propensity to consume = 0.6

Now we have to find an increase in the GDP after absorbing the $100.

Therefore, we need to find the multiplier by using the marginal propensity to consume.

Multiplier = 1 / (1-MPC)

Multiplier = 1/( 1- 0.6)

Multiplier = 2.5

The increase in GDP = increase in investment spending × Multiplier

The increase in GDP = 100 × 2.5 = $250

Expansionary fiscal policy in a large open economy ______ the real interest rate and ______ the real exchange rate.

Answers

Answer:

“Increase”, “Increase”.

Explanation:

Both the blanks will be filled by the word “Increase” because expansionary fiscal policy is implemented to infuse the money in the economy. Therefore, the expansionary fiscal policy includes various tools that increase the money supply in the economy that is tax cut, increase in transfer payments, discounts or rebates, rise in government spending, etc. Here, all these measures will shift the aggregate demand curve rightwards. Resulting, an increase in the real interest rate, and the real exchange rate.

_______ stores are often large department stores, usually located at the ends of the arms of a mall, where they generate heavy traffic for the small stores between them.

Answers

Answer:

Anchor

Explanation:

Answer:

ANCHOR

Explanation:

HOPE I HELPED

PLS MARK BRAINLIEST

DESPERATELY TRYING TO LEVEL UP

✌ -ZYLYNN JADE ARDENNE

JUST A RANDOM GIRL WANTING TO HELP PEOPLE!

                           PEACE!

If your tires have less than 30% of tread remaining, your stopping
distance will be ____ compared to new tires.

A)Doubled
B)Quadrupled
C) The same

Answers

Answer:

B

Explanation:

Assume that the standard cost to make one unit of product includes 12 units of raw materials at a price of $2 per unit. In Aug, 17,000 units of raw materials were purchased for $50,800, and 12,300 units of raw materials were used to produce 1,000 units of finished product.
What is the materials quantity variance?
a) $1,200 (U)
b) $ 600 (U)
c) $ 600 (F)
d) $1,800 (U)

Answers

Answer:

Direct material quantity variance= $600 unfavorable

Explanation:

Giving the following information:

Standard= 12 units of raw materials for $2 per unit.

Actual: 12,300 units of raw materials were used to produce 1,000 units.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 12*1,000= 12,000

Direct material quantity variance= (12,000 - 12,300)*2

Direct material quantity variance= $600 unfavorable

Any individual who, for compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan application, must be licensed as a

Answers

Answer:

Any individual who, for compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan application, must be licensed as a Commercial Mortgage Banker License

Explanation:

What step in the investigative process would the development of timelines and interpretation of burn patterns be related to?

Answers

Answer:

Data Analysis

Explanation:

During a fire outbreak which could be accidental or incidental, information is first collected both from witnesses and observation. After this, timelines are developed in a bid to develop inductive reasoning as to the patterns in the timing of the fire outbreak. Burn patterns are also analyzed to provide an indication as to the origin and cause of the fire.

It is important that the timelines and patterns being analyzed are based on facts that are verifiable and not speculations. This is important because working with incorrect information would lead to the development of the wrong hypothesis.  

"An officer of a company has been invited by a large mutual fund company to give a talk to the fund company's analysts about its business plans and prospects. At the talk, the officer inadvertently discloses material information that could affect the stock's price. Which statements are TRUE?"

Answers

Complete/Correct Question:

An officer of a company has been invited by a large mutual fund company to give a talk to the fund company's analysts about its business plans and prospects. At the talk, the officer inadvertently discloses material information that could affect the stock's price. Which statements are TRUE?

I A public announcement of the news must be made within 24 hours

II A public announcement of the news must be made within 10 business days

III The company must file an 8K with the SEC disclosing the information to avoid insider trading liability

IV The company must file a 10K with the SEC disclosing the information to avoid insider trading liability

Answer:

i and iii

Explanation:

Under the Securities Exchange Act of 1934, insurance coverage for a customer accounts at any broker-dealer must be provided by the Securities Investor Protection Corporation, SIPC. Also,broker-dealers that handle non-exempt securities must be registered

By the above statements, if a a bank has customers that have both exempt and non-exempt securities, such bank is mandated to register as a broker-dealer according to the Securities Exchange Act of 1934 and as a matter of fact register under SIPC.

Cheers.  

Which component of service-oriented DSS can be described as a subset of a data warehouse that supports specific decision and analytical needs and provides business units more flexibility, control, and responsibility

Answers

Answer:

data marts

Explanation:

The data mart is pattern access that is specific for the environment related to the data warehouse. It is mainly used for restoring the customer or client facing data. It is a data warehouse subset that is associated with the particular line of business or team

Here in the question, it is mentioned that it is specific for the decisions, analytical needs, flexibility, responsibility, etc

This represents the data mart

Muffy's Muffins had net income of $2,325. The firm retains 60 percent of net income. During the year, the company sold $295 in common stock. What was the cash flow to shareholders?

Answers

Answer:

The total cash flow to shareholders is $635.

Explanation:

The cash flow to shareholders can be determined by subtracting the new equity raised from the dividend paid.

Cash flow to stockholder = dividend paid - new equity raised

Here net income = $2,325

Retained income = 60%

So the dividend percentage =40%

Total dividend = 2325 × 40%  = $930

New equity raised= $295

Thus, total cash flow to shareholders= $930 – 295 = $635

After the delivery of the condominium documents in the TREC Residential Condominium Contract the buyer may terminate the contract within how many days?

Answers

Answer:

The buyer would have a 12-day option to terminate the contract. Otherwise, he or she might not have any other option than to stick to the contract. (That is, the buyer will not have the unrestricted right to terminate the contract again.)

Explanation:

"The market price average is decreasing daily; however, the level of declines relative to advances is falling. The market is reaching a(n):"

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

A) Overbought condition.

B) Oversold condition.

C) Breakout on the upside.

D) Breakout on the downside.

And the correct answer is the option B: Oversold condition.

Explanation:

To begin with, the name of "Oversold Condition" refers to the situation where the price of an asset has reach a certain level that is relative low in comparison with the prices that it has have before. That situation can last for a long period of time so the most prudent way to act in the eyes of a trader is to wait until the price base out and start increasing.

So that situation in where the market price average is decreasing and reaching to its bottom is called Oversold Condition.

"Texans who are temporarily out of work, through no fault of their own, may qualify for up to 52 weeks of unemployment benefits. These benefits are based"

Answers

Correct/Complete Question:

Texans who are temporarily out of work, through no fault of their own, may qualify for up to 52 weeks of unemployment benefits. These benefits are based on highest past quarterly earnings, but can be at most ______________ per week.

Answer:

$465

Explanation:

From the question above, $465 is the highest amount that can be paid to unemployed Texans per week. It can also be seen that the basis for such payment is highest past quarterly earnings.

This means that unemployed persons who will receive unemployment benefits have to have had the highest quarterly earnings in the past when they were employed.

Cheers.

Colin told the management team that their Ohio-based company should produce the textiles for the new line of jackets in China because it would allow them to price the clothing line lower, which would then give consumers more money to spend on other items. Colin is making an argument for ______.

Answers

Answer:

Free trade.

Explanation:

This theoretical policy can be explained to be certain laws under which the government is seen to impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. Therefore, it is directly seen to be the opposite of protectionism, a defensive trade policy intended to eliminate the possibility of foreign competition. It is seen in terms of unrestricted measures in importation and also exportation of goods in and out of a country.

In the world of our own, which is of the recent times, this policy implementation is done by means of a formal and mutual agreement of the nations which are seen to be involved. Also this policy in some cases may simply be the absence of any trade restrictions.

Architecture drafter

Answers

Huh? I don’t see what the q is here? Answer is

Cost leadership is a sustainable source of competitive advantage only if no barriers exist that prevent competitors from achieving the same low costs. Group of answer choices

Answers

Answer: false

Explanation:

The statement is false because cost leadership is not really sustainable as it's cost effective due to the maintenance charge required to keep them in a great care despite the low operational cost being runned by the organization

A buyer got a 30 year loan with a loan balance of $65,000 with an interest rate of 10% and a factor of 8.78. What will be the borrowers monthly P & I payment?

Answers

Answer:
$586.27/mo

Explanation:
Factor doesn’t compound like interest does, 8.78 factor of $65,000 comes out to be $5,707 over the 30 years is $15.85/mo. The loan $65,000, 10% interest rate, 30 years comes out to a monthly payment of $570.42.
$570.42+$15.85= $586.27/mo.

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