brandonbussey6549 brandonbussey6549

04-03-2020
Business

contestada

Suppose that a monopolist calculates that at present output and sales levels, marginal revenue is $1.00 and marginal cost is $2.00. He or she could maximize profits or minimize losses by:

Respuesta :

sadddamkashmiri801 sadddamkashmiri801

09-03-2020

Answer:

The firm must increase price and decreasing the output

Explanation:

The reason is that with increased level of activity (Production level) the marginal cost increases and if the firm is going to increase it product price then less people will buy its product. This means the company will have to produce less in quantity which means that the company will substantially reduce its marginal cost and increase its marginal revenue.

Answer Link

Otras preguntas

A sound source is located somewhere along the x-axis. Experiments show that the same wave front simultaneously reaches listeners at x = -7.0 m and x = +3.0 m. p

The very large increase in allergies over the last thirty years is due to the great success of immunizations administered over this time period. Since immunizat

When projecting the balance sheet, what happens when the initial balance sheet yields estimated total assets greater than the sum of total liabilities and equit

1. What steps did Pericles take to strengthen democracy in Athens? 2. What were the battle strategies of Athens and Sparta in the Peloponnesian War? 3. Why do

Rachel is deciding whether to remain in the home she has lived in for the past ten years, which is located very near her work, or to move into a newer home that

If you were asked to write a professional code of ethics for your own life, discuss what would be the first principle that would guide it, and why? What are oth

what is the message behind the pictre of the fish from Johansson’s?

For the tax year, OSH partnership reported a $74,000 ordinary loss and a $28,000 increase in recourse liabilities for which the partners are liable. Ashley, a 5

curve before applying the theorem.)F(x, y) = y cos(x) − xy sin(x), xy + x cos(x), C is the triangle from (0, 0) to (0, 12) to (3, 0) to (0, 0)

Please help me god bless you