Homework Answers
1. The answer is option D
Because in a monopoly the market share is a big factor. In a monopoly the company is said to be having the largest market share in the particular region. A pure monopoly is said to be having 100% market share.
2. The answer is option D
Resource based view include both tangible and intangible resources in an organisation. And these all are assumed as both heterogeneous and immobile. Things like brand equity, knowledge, intellectual property are immobile and also have a heterogeneity.
3. The answer is option C.
Demand curve shows the relationship between the price and quantity demanded, that is quantities demanded at a particular price point. And quantity demanded means the quantity the producer will sell as well as consumer will buy.
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QUESTION 20 All these are characteristics of a monopoly except, a Has few substitutes b. Controls...
QUESTION 38 All these are characteristics of a monopoly except, O a. Controls a large share...
QUESTION 38 All these are characteristics of a monopoly except, O a. Controls a large share of the market b. There is one seller of the product Oc Controls a small share of the market d. Has few substitutes QUESTION 39 A rising average cost implies that a marginal cost is equal to average cost b. marginal cost is above average cost C. marginal cost is below average cost d. none of the above QUESTION 40 If long run average...
pls answer all QUESTION 17 All these are characteristics of a monopoly except a Controls a...
pls
answer all
QUESTION 17 All these are characteristics of a monopoly except a Controls a large share of the market b. There is one seller of the product c. Controls a small share of the market d Has few substitutes QUESTION 18 Suppose the demand for pens increases and the supply for pens decreases. What effect will it have on the equilibrium price for pens? a It will fall b. It will rise c. Uncertain od None QUESTION 19...
QUESTION 31 2.5 poin All of these could be sources of economies of scale except a....
QUESTION 31 2.5 poin All of these could be sources of economies of scale except a. A bottleneck procedure b. Investment in more efficient technology O c. Discounts on bulk purchase of inputs d. Specialization QUESTION 32 2.5 point: Assumptions that underlie the Resource-based View include a Resource heterogeneity O b. Resource immobility Oo. Barriers to entry O d. Both a and b
cm Od these products are usually substitutes to the gas sales and the demand for gas...
cm Od these products are usually substitutes to the gas sales and the demand for gas is inelastic QUESTION 27 Assumptions that under lie the Resource-based View include a. Resource heterogeneity b. Resource immobility Oo. Barriers to entry Od. Botha and b QUESTION 28 A supply curve slopes upwards because On the higher the price the higher the quantity that the sellers are willing to supply b. an increase in price brings the quantity sold down to zero the quantity...
QUESTION 38 Assumptions that underlie the Resource-based View include a. Resource heterogeneity b. Resource immobil...
QUESTION 38 Assumptions that underlie the Resource-based View include a. Resource heterogeneity b. Resource immobility c. Barriers to entry d. Both a and b QUESTION 39 Diminishing marginal productivity implies a. decreasing average costs b. increasing marginal costs c. decreasing total costs d. decreasing marginal costs QUESTION 40 A monopoly has a. A perfectly elastic demand curve b. A less elastic demand curve than a competitive firm c. An inelastic demand curve d. A perfectly elastic supply curve Clic! San
QUESTION 33 Profits of a monopoly are driven to zero a. Immediately in the short-run as assets freely move from lo...
QUESTION 33 Profits of a monopoly are driven to zero a. Immediately in the short-run as assets freely move from low-valued uses to high-valued uses instantly b. In the long run because the assets eventually move from low to high valued use c. In the short run because the demand curve becomes more elastic d. In the long run because the demand curve becomes more inelastic QUESTION 34 Attractive industries have all the following attributes, except a. High supplier power...
QUESTION 33 Germany can produce 10 units of corn or 20 units of rice. With the...
QUESTION 33 Germany can produce 10 units of corn or 20 units of rice. With the same amount of input, Spain can produce 5 units of corn and 15 units of rice. Given this information, the cost function for GERMANY is Assume corn is on the x-axis and rice is on the y-axis (best is to draw the graph and answer the question) a. 20 Corn - 10 Rice b. 10 Corn - 20 Rice c. 15 Corn - 5...
QUESTION 1 Refer to the figure below. Assume this firm is a single-price monopoly. How many...
QUESTION 1 Refer to the figure below. Assume this firm is a single-price monopoly. How many units of output does this monopolist sell to maximize economic profit? Price 8.00 5.00 МC 3.00 D 0 300 450 600 1100 Quantity MR a. 100 units. b. 300 units. C. 450 units. d. 600 units. QUESTION 2 A single-price monopolist's demand curve a. shows that demand for the good is inelastic. Click Save and Submit to save and submit. Click Save All Answers...
please answer the 3:) thanks Question completion Status: be -1.5. Based on this information, we know the goods...
please answer the 3:)
thanks
Question completion Status: be -1.5. Based on this information, we know the goods are An economist estimated the cross-price elasticity for peanut butter a complements b. inferior goods c. substitutes d. inelastic. QUESTION 33 Strategy is a. The art of matching the resources and capabilities of a firm to the opportunities and risks in its environment Ob Developing a resource for the company that is both rare and valuable to create competitive advantage c. Making...
make launch.sp?course assessmenude_95186 18 course de 78254 QUESTION 5 To prevent monopoly from arising, there must...
make launch.sp?course assessmenude_95186 18 course de 78254 QUESTION 5 To prevent monopoly from arising, there must be a. no close substitutes for the good. b. freedom of entry into the market. c. some barriers that prevent others from entering the market. d. diseconomies of scale. QUESTION 6 When a monopoly engages in price discrimination, which of the following is correct? a. It charges different prices to different consumers and transfers some of the consumer surplus to economic profit. b. Firms...
QUESTION 38 All these are characteristics of a monopoly except, O a. Controls a large share of the market b. There is one seller of the product Oc Controls a small share of the market d. Has few substitutes QUESTION 39 A rising average cost implies that a marginal cost is equal to average cost b. marginal cost is above average cost C. marginal cost is below average cost d. none of the above QUESTION 40 If long run average...
pls
answer all
QUESTION 17 All these are characteristics of a monopoly except a Controls a large share of the market b. There is one seller of the product c. Controls a small share of the market d Has few substitutes QUESTION 18 Suppose the demand for pens increases and the supply for pens decreases. What effect will it have on the equilibrium price for pens? a It will fall b. It will rise c. Uncertain od None QUESTION 19...
QUESTION 31 2.5 poin All of these could be sources of economies of scale except a. A bottleneck procedure b. Investment in more efficient technology O c. Discounts on bulk purchase of inputs d. Specialization QUESTION 32 2.5 point: Assumptions that underlie the Resource-based View include a Resource heterogeneity O b. Resource immobility Oo. Barriers to entry O d. Both a and b
cm Od these products are usually substitutes to the gas sales and the demand for gas is inelastic QUESTION 27 Assumptions that under lie the Resource-based View include a. Resource heterogeneity b. Resource immobility Oo. Barriers to entry Od. Botha and b QUESTION 28 A supply curve slopes upwards because On the higher the price the higher the quantity that the sellers are willing to supply b. an increase in price brings the quantity sold down to zero the quantity...
QUESTION 38 Assumptions that underlie the Resource-based View include a. Resource heterogeneity b. Resource immobility c. Barriers to entry d. Both a and b QUESTION 39 Diminishing marginal productivity implies a. decreasing average costs b. increasing marginal costs c. decreasing total costs d. decreasing marginal costs QUESTION 40 A monopoly has a. A perfectly elastic demand curve b. A less elastic demand curve than a competitive firm c. An inelastic demand curve d. A perfectly elastic supply curve Clic! San
QUESTION 33 Profits of a monopoly are driven to zero a. Immediately in the short-run as assets freely move from low-valued uses to high-valued uses instantly b. In the long run because the assets eventually move from low to high valued use c. In the short run because the demand curve becomes more elastic d. In the long run because the demand curve becomes more inelastic QUESTION 34 Attractive industries have all the following attributes, except a. High supplier power...
QUESTION 33 Germany can produce 10 units of corn or 20 units of rice. With the same amount of input, Spain can produce 5 units of corn and 15 units of rice. Given this information, the cost function for GERMANY is Assume corn is on the x-axis and rice is on the y-axis (best is to draw the graph and answer the question) a. 20 Corn - 10 Rice b. 10 Corn - 20 Rice c. 15 Corn - 5...
QUESTION 1 Refer to the figure below. Assume this firm is a single-price monopoly. How many units of output does this monopolist sell to maximize economic profit? Price 8.00 5.00 МC 3.00 D 0 300 450 600 1100 Quantity MR a. 100 units. b. 300 units. C. 450 units. d. 600 units. QUESTION 2 A single-price monopolist's demand curve a. shows that demand for the good is inelastic. Click Save and Submit to save and submit. Click Save All Answers...
please answer the 3:)
thanks
Question completion Status: be -1.5. Based on this information, we know the goods are An economist estimated the cross-price elasticity for peanut butter a complements b. inferior goods c. substitutes d. inelastic. QUESTION 33 Strategy is a. The art of matching the resources and capabilities of a firm to the opportunities and risks in its environment Ob Developing a resource for the company that is both rare and valuable to create competitive advantage c. Making...
make launch.sp?course assessmenude_95186 18 course de 78254 QUESTION 5 To prevent monopoly from arising, there must be a. no close substitutes for the good. b. freedom of entry into the market. c. some barriers that prevent others from entering the market. d. diseconomies of scale. QUESTION 6 When a monopoly engages in price discrimination, which of the following is correct? a. It charges different prices to different consumers and transfers some of the consumer surplus to economic profit. b. Firms...
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