A monopolist will produce at a point were the MR=MC, at this point the loss in the market will be minimised if the cost is higher, this point usually maximises the profit of the firm in the market. the answer is "A".
By adhering to the MR = MC rule, a single-price monopoly Question 8 Not yet answered...
Question 5 A price searcher Not yet answered Points out of 1.00 Select one: O a. is a seller that has the ability to control to some degree the price of the product itsells. b. faces a horizontal demand curve. P Flag question c. is a seller that searches for the best location to sell its product. . is a seller that searches for good employees and pays them a low wage. o d Previous page Next MacBook Air
Question 11 Not yet answered Marked out of 1.00 P Flag question The physiological needs for food, water, and air are called needs; Select one: O a. Secondary O b. Innate c. Acculturated O d. Psychogenic O e. Acquired Previous page Next page News forum
Question 1 Not yet answered Marked out of 1.00 p Flag question Which of the following is result of decisions based on inaccurate information? Select one: a. Delivering products to customers on time O b. Meeting customers' demands O c. All the answers d. Misallocation of resources Question 2 Not yet answered Marked out of 1.00 p Flag qu In digital firms, Core business processes are accomplished digitally Select one: a. True о b. FALSE Previous page f Question 7...
estion 9 yet wered its out of For the perfectly competitive firm,price MR; for the monopolistprice re _its marginal revenue curve, the monopolist's demand curve_ MR. The perfectly competitive firm's demand its marginal revenue curve. - Flag Select one: O a. less than greater than, lies below, lies above b. cquals; is greater than; is; lies above O c.equals, is less than is; lies below o d greater than, equals; lies above is Previous page Next page MacBook Air o...
Question 6 A seller that has the ability (to some degree) to control the price of the product it sells is called a price Not yet answered Points out of 1.00 P Flag question Select one: a. breaker O b. searcher o c. taker. O d. twister. Previous page MacBook Air
help plz Question 21 Not yet answered For animals of any given body size, engaging in their primary form of locomotion, which activity would be the most energetically costly to cover a long distance? Points out of 1.00 P Flag Select one: O a. Flying (in birds) O b. Running at a high speed O c. Swimming (in fish) Od. Walking Question 22 Not yet answered Which animal covers the largest distance at the lowest weight-specific cost? Points out of...
For the perfectly price discriminating monopolist, its curve is the same as its curve Question 10 Not yet answered Points out of 1.00 P Flag question Select one: o a. demand, marginal cost b. marginal cost; average fixed cost c. average variable cost; average total cost d. demand; marginal revenue o e marginal revenue; marginal product of labor Previous page Next page MacBook Air
Question 2 Which of the following statements about a monopoly is true? Not yet answered Select one: Marked out of 50.00 a. Fims decide how much to produce depending on their competitors' decisions. O b. Total profits are always lower than that of an oligopoly Flag quesionOc. There are only few firms producing the good. O d. The equilibrium price is lower than that of perfect competition O e. There is only one firm producing the good Next acer
Question 19 Not yet answered Points out of 7.00 P Flag question A cylindrical conductor of radius R = 9 cm has a non-uniform current density J = 2 r12 in units of A/m2. . (a) Calculate the magnetic field at distance r = 8 cm from the center of the conductor. Select one: O a. 9720.00 T ob. 3240.00 T O c. 6826.67 T Next page LION 20 Not yet answered Points out of 7.00 Flag question A cylindrical...
15) > Test 1 Question 24 Not yet answered Marked out of 1.00 P Flag question Compliance orientation is more effective at creating ethical reasoning, Select one: True O False 1 Previous page B Next page AGAAN [2-2019/2020) > 18 July 2020 (Week 15) > Test 1 Which of the following is not a measure of ethical climate? Question 25 Not yet answered Marked out of 1.00 P Flag question Select one: 0 a. Collective judgment 0 b. Collective character...