The graph represents price and output quantities under a monopoly. What price will the monopolist firm set? A. $5 B. $10 C. $15 D. $20

Answers

Answer 1

The correct answer is C.

A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.

So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.

Instead, the quantity sold in the monopoly (q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function (because the demand function relates price and quantity).

The result is 15$ as the picture shows.

Answer 2

Answer:

Its C. $15

Explanation:


Related Questions

Li works at a multinational company in New York. His wife has recently been diagnosed with an illness that might keep her bedridden for at least a month. Li will have to stay home to look after her. Which act provides Li with the ability to apply for leave at his company?

Answers

Answer:

The Family and Medical Leave Act

Explanation:

The family and medical leave act grants eligible employees of covered companies the right to unpaid and job-protected leave for medical reasons. The law requires qualifying employers to allow eligible employees to take unpaid leave to attend to serious family health matters. This law permits eligible or qualifying employees to take up to 12 weeks leave for reasons such as childbirth and a serious personal or family sickness.

mom???????????????????????

Answers

mom ??????????????????????

Answer:

Go back to bed sweetie, here some fruit snacks now go to sleep.There are no monsters under your bed honey.

Explanation:

Have a great day.

Which of the following is an example of receiving information

Answers

Answer:

Receive is defined as to take, accept, experience or welcome. An example of receive is getting a letter in the mail. An example of receive is someone being given a gift. An example of receive is someone hearing bad news.

Explanation:

An insurance premium is:
O A. an estimate of the amount of money a person can save on
insurance.
B. a limit on the amount of insurance money a person can claim.
C. a discounted rate an insured person gets to pay for a service.
O D. a monthly payment that ensures insurance coverage for a person.

Answers

I’m pretty sure it’s D

An insurance premium is a monthly payment that ensures insurance coverage for a person. Hence, option D is appropriate.

What is the meaning of Insurance?

Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If you don't have insurance and an accident occurs, you can be liable for all expenses.

Next, we look more closely at the three most significant categories of insurance: life, liability, and property. Insurance is a financial product offered by insurance firms to protect you and/or your possessions from the possibility of theft, loss, or damage.

Anyone wishing to safeguard their family, possessions, and self from financial danger or losses will benefit from insurance plans: Insurance plans will assist you in covering the costs of unexpected medical expenses, hospitalization, contracting illnesses, and treatment.

Hence, option D is correct.

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Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price, payable in installments. Under the UCC, this transaction is

Answers

Answer:

A sales.

Explanation:

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.

In this scenario, Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price, payable in installments. Under the UCC, this transaction is a sales.

Q. Keeping in mind the rural area to be targeted, being a marketing manager of xyz Co. Which proactive marketing would you use to serve the target audience? Justify

Answers

Answer: Use of Radio, Television, Billboards, magazine and newspaper

Explanation:

Proactive marketing marketing or advertising is advertising in areas or location that your product or service in the places where people are not already looking or asking. Example of proactive marketing strategies to use are Television, magazine, radio commercials, billboards. Radio, Television and billboards will travel faster, because they can see the billboards and Television, also majority use radio

Expansionary fiscal policy is used by the government to A. control inflation. B. reduce the national debt. C. create new jobs in the economy. D. reduce the budget deficit.

Answers

Answer:

Option C: Create new jobs in the economy

Explanation:

Fiscal policy is a federal government ability to keep the economy stable through highing or lowering taxes or government spending.

Expansionary Fiscal Policy is simply described as the higher rate in purchases by government, lower rate in net taxes that is targeted soas to bring about higher aggregate demand enough to lower unemployment back to equilibrium. Government aim to reduce unemployment by providing more jobs for the people.

Expansionary fiscal policy aim to decrease unemployment byincreasing government spending and/or lowering taxes.

the role of the develpoed nation in helping the developing nations for sustainable develpoment of natural resources???pls help.

Answers

Answer:

Developed nations have an economic and moral responsability to help developing contries achieve sustainable development goals not only because developed nations have more money, but also because they are the main originators of climate change.

For this reason, developed nations should give funds to developing nations in order to fund projects such as solar, wind, geothermal, and nuclear power plants, and they should also provide technical assistance, since the population of developed nations tends to be more educated than that of developing nations.

The adjusted trial balance of Indigo Corporation at December 31, 2017, includes the following accounts: Retained Earnings $16,651, Dividends $6,759, Service Revenue $35,644, Salaries and Wages Expense $13,785, Insurance Expense $1,799, Rent Expense $3,872, Supplies Expense $1,413, and Depreciation Expense $804.

Prepare an income statement for the year.

Answers

Answer:

$13,971

Explanation:

An income statement indicates the profit or loss a business makes in the financial period. Profits or loss is realized by subtracting expenses from revenue.

The revenue for  Indigo Corporation  is $35,644,

Expenses

Salaries and Wages Expense $13,785

Insurance Expense       $1,799

Rent Expense                             $3,872

Supplies Expense                       $1,413

Depreciation Expense                $804

Total expenses       $21,673

Income will be

=$35,644 - $21,673

= $13,971

Retained Earnings and Dividends are part of company profits. They are not business income or expenses.

Jesse sold his home for $187,999. During the sale process, Jesse paid his broker a commission of 6% of the sale price, $1,500 in marketing for the home, and $5,000 in other closing costs. How much did Jesse realize from the sale of his home, rounded to the nearest dollar

Answers

6% of $187,999 = .06*187999 = $11279.94
This is what the broker made off commission. Now add all the other fees.

112799.94+1500+5000=$17779.94
Round this to the nearest dollar and you have $17780. This is how much it cost Jesse for the sale of his home.

I am not sure what you mean ‘how much did Jesse realize’.

ways VKW might be affected by increased import controls​

Answers

Answer:

The government's trade policy can affect your business by making it easier or more ... Trade policy can include the imposition of import tariffs, quotas on imports ... This can be helpful to some businesses, but can also lead to increased ... Tax regulations can become very complex, causing you to hire a specialist tax adviser.

Explanation:

The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. What is the amount of the inventory at the end of the year according to the average cost method?

Answers

Answer: a. $1,380

Explanation:

Using average cost method, the price of all inventory is the same and this cost is calculated by dividing the total cost of the inventory by the total units.

= (5 * 61) + (15 * 63) + (10 * 74) + (10 * 77)

= 305 + 945 + 740 + 770

= $2,760

Average cost = 2,760/ (5 + 15 + 10 + 10)

= $69 per unit

Total units for the year = 5 + 15 + 10 + 10 = 40 units

Total units on hand = 20 units

Total sold = 40 - 20 units

Cost of goods sold = 20 * 69

= $1,380

Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum gain when a butterfly spread is created from these put options?

Answers

Answer:

hiii...myself tanvi new on brainly...can get some help from you plz....to know the people

Choose the option that best matches the description given.

Providing assistance to people in need through programs is known as ___
services. a mental health b rehab c human

Answers

Necesito saber de que clase es para poder responder

Answer:

Human services

Explanation:

What happens if you only make the minimum payment on your credit card statement?

Answers

Offering only the minimum payment keeps you in debt longer and racks up interest charges. It can also put your credit score at risk.

25. Which economic system best defines: Lowest amount of economic freedom:
A. Capitalism
B. Socialism
C. Communism

I only have these three answer choices.

Answers

C communism most everything is controlled by the government
communism would best define the lowest economic freedom being that everything is determined by government.

Which type of interest is charged on both the original amount borrowed and
the interest that has already accumulated?
A. Corporate interest
B. Bankruptcy interest
C. Simple interest
D. Compound interest

Answers

Answer: compound interest broski

When shopping for life insurance, the best strategy is to:
a.
Follow your agent’s recommendations. They are the experts and it is the agent's job to make sure you get the products that are right for you.
b.
Buy your coverage through your employer, if possible.
c.
Figure out how much you need, then comparison shop using the Web and other resources.
d.
Wait until you are older so that you can buy a cheaper, shorter term policy.

Answers

Answer:

c.

Figure out how much you need, then comparison shop using the Web and other resources.

Explanation:

I took the test

Answer:

C

Explanation:

Suppose the frozen pizza market is in equilibrium. A recession causes local household incomes to decline. Assuming that frozen pizza is an inferior good, we can predict that the price of frozen pizza will _____ and the quantity of frozen pizza bought and sold will _____.

Answers

Answer:

increase

increase

Explanation:

Inferior goods are goods whose demand falls when income rises and increases when income falls.

If frozen pizza is an inferior good, a decrease in income will increase the demand for frozen pizza. this would lead to an increase in price and quantity

A ___ liability company is a business structure that gives its owners the benefits of two types of business structures.
_____ partnership is a basic form of partnership that holds all the owners equally liable for any business debts that it might face.

Answers

Answer:

A limited liability companyA general partnership

Explanation:

A limited liability company LLC blends the features of a corporation and a sole proprietorship. An LLC requires a minimum of a person to form and has no upper limit.

Members of the limited liability enjoy the limited liability feature of a corporation. It means their obligations to the company's debts is limited to the level of capital contribution. If the company is liquidated, members will only lose their capital contribution. A limited liability company 'passes' its income as the income of members. The LLC does not have to file income tax returns just like a sole proprietorship business. Only owners of LLC are expected to file individual income tax returns.

A general partnership is a business structure made up of two or more partners. A general partnership is unincorporated, meaning the owners have unlimited liabilities to the debts of the business. Legally, the debts and assets of the general partnership belong to the partners.

What principle of value states that if the increase in the value of the real estate is more than the cost to renovate, the sellers would financially benefit by doing the renovation?

Answers

Answer: Principle of contribution

Explanation:

The principle of value states that if the increase in the value of the real estate is more than the cost to renovate, the sellers would financially benefit by doing the renovation is referred to as the principle of contribution.

According to the principle of contribution, the worth of an improvement of a property has to do with its addition or contribution the the property's market value and not the cost of the improvement done.

The decline in the popularity of clothing made from animal fur has enticed large department stores like J. C. Penney and Sears to discontinue sales of animal-fur products. How does discontinuing sales of these products by J.C. Penney and Sears affect the animal-fur clothing market

Answers

Answer:

Explanation:

What you are describing is a change in demand. First there was a change in the retail industry. When that happened, the demand from the big retailers went down. The wholesalers then cut back on what they bought from the people making the garments made out of fur.

It then hit the trapper who made his living from trapping wild animals. There was a chain reaction most felt by the trapper.

when must interest and principal payments on a Stafford Student Loan begin

Answers

Answer:

The interpretation of the issue is listed throughout the clarification section below.

Explanation:

As usual and when you get a subsidized mortgage, the economy amount to accrue, but perhaps the government will pay everything on someone's account. This seems to be the case for other education loans, individuals aren't encouraged to make additional cash receipts and cash contributions while being in education or even for 6 months after taking university or education center.

Harriet is running a company that produces shoes. She had employed 100 workers in her factory and had the output of 300 shoes per week.
With 200 employees the output was 600 shoes per week. She then Increased the number of employees to 300. She found that the output only
Increased to 700. Which operational phenomena has Harriet observed here?
A.
economies of scale
OB.
law of diminishing returns
C. law of cost-price increase
D.
depreciation principle
E.
fluctuation correction

Answers

Answer:

B

Explanation:

It demonstrates law of diminishing returns. The law of diminishing marginal returns states that adding an additional factor of production results in smaller increases in output.

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write in brief about training​

Answers

Answer:

Training is teaching, or developing in oneself or others, any skills and knowledge or fitness that relate to specific useful competencies. Training has specific goals of improving one's capability, capacity, productivity and performance.

Explanation:

Hope it helps you:))

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Approximately how many people in the world have FB accounts?

50.4 million
1.7 billion
100 million
3.5 billion

Answers

Answer:

the answer is 3.5 billion i think

Answer:

3.5 billion

Explanation:

Which of the following retirement accounts would traditionally be offered by an employer instead of a traditional pension plan?

- 403(b)
- Traditional IRA
- Roth IRA
- 401(k)

Answers

Answer:

Which of the following retirement accounts would traditionally be offered by an employer instead of a traditional pension plan? ... A Roth IRA is beneficial because your withdrawals are tax-free.

Explanation:

Which of the following retirement accounts would traditionally be offered by an employer instead of a traditional pension plan? ... A Roth IRA is beneficial because your withdrawals are tax-free.

Answer:

C. Roth IRA

Explanation:

sold goods costing $1000 on credit at 25% profit. Show it in accounting equation form​

Answers

Answer:

see below

Explanation:

The accounting equation is represented as Assets = Equity + Liabilities

From this transaction,

Stocks(assets) decrease by $1000

Debtors(asset) increase by $1000

Profits(capital) increase by $250 ( 25% of $1000)

       Assets                         =    Liabilities  +              Capital

     stocks      debtors                                  revenue/gains

   - $1000           + $1000                                        + $250

After hearing an announcement made by a major soft-drink company, the APCS Soft Drink Company has decided to hire you to write a similar program to run their next-generation soda machine (which is still being developed). The concept behind this machine is that people buy more soft drinks when the weather is hot; and they will pay higher prices for their soft drinks at those times. This is an example of how supply and demand influences prices.

Answers

Answer:

Yes

Explanation:

Yes, this concept is an example of supply and demand. When there is a limited supply of a product like the soft drinks in the vending machines then the price would match the number of people that want to buy the product. If in a very hot day more people want to buy a soft drink to cool down then the supply will begin to decrease as more people buy, this will create an increase in price as people would be ok with paying more money in order to be one of the lucky few to get one of the few soft drinks that are left.

The distribution of a good or service is called__.

a. economics
b. allocation
c. scarcity

Answers

Answer: A

Explanation:

Answer:B) allocation

Explanation:this means to distribute or divide something

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