The marginal revenue curve for a monopolist is greater than the price because the monopolist faces a downward sloping demand curve for its product.Group startsTrue or False

Answers

Answer 1

It is a false statement that the marginal revenue curve for a monopolist is greater than the price because the monopolist faces a downward sloping.

Why is it a false statement?

The situation is that the marginal revenue curve for a monopolist are always less than the price.

This is because for each additional unit of output the marginal revenue is declining its results from the downward sloping market demand curve.

Therefore, the statement given is a false statement.

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Related Questions

__________ goods and services represent those products that consumers are unaware of or haven't thought of buying

Answers

Answer:

UNSOUGHT GOOD & SERVICES

Investing in stocks is risky because:
O A. they are generally short term investments,
O B. the value of the stock can fall below what you paid for it.
O C. stocks can increase in value leading to high tax bills.
D. the value of the stock can increase more than you paid for it

Answers

The answer is b

The stock can crash and you could lose money

A company that promotes its products as being environmental friendly but then uses excessive amounts of non-recyclable material to package its products doesn't understand how packaging serves to reinforce a company's

Answers

A company that markets its products as eco-friendly but doesn't acknowledge the materials used doesn't understand the purpose company's brand image.

What is a Business Company Bran Image?

A brand image is described as an impression and an interpretation that a consumer had when dealing with your business organization, its products, as well as the services rendered.

A company that markets its products as environmentally friendly but then utilizes large amounts of non-recyclable material to package them does not comprehend how packaging functions to support a company's brand image.

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__________ problems arise when the receiver doesn't listen carefully or reads too quickly and overlooks a key point.

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Decoding problems arise when the receiver doesn't listen carefully or reads too quickly and overlooks a key point. Read below for further explanation.

Signs of decoding problems

Signs of decoding problems include:

trouble sounding out words and recognizing words out of context. confusion between letters and the sounds they represent. slow oral reading rate (reading word-by-word) reading without expression.

Therefore, the answer is decoding problem.

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Capitalizing the cash cost of a piece of equipment is.

Answers

Answer:

converting it to an asset on the balance sheet.

Explanation:

Capitalizing a cost means converting it to an asset on the balance sheet. For example, if a company pays $10,000 in cash for piece of equipment, its financial statements don't show that it "spent" $10,000. Rather, they show that it converted $10,000 worth of cash into $10,000 worth of equipment, an asset.

A manufacturing company that produces furniture decides to use a new wood supplier. The manufacturing company wants to ensure that the materials from the supplier are delivered on time and within the specifications needed to meet the manufacturing company's product goals. What form of control system could the manufacturing company implement to ensure its needs are met

Answers

The feedforward control system is the system that will ensure that the materials are delivered on time and the specifications needed to meet the product goals. is met

What is a feedforward controls system?

A feedforward controls are also known as a preliminary or preventive controls system.

In management, these control system is used to identify and prevent deviations in the standards before they occur.

These controls focus on human, material or financial resources within an organization for proper monitoring.

In conclusion, the feedforward control system is the system that will ensure that the materials are delivered on time and the specifications needed to meet the product goals are met.

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Which of the following is a document of title under Article 7 of the UCC?
O A. Letter of credit
O B. Bill of lading
O C. Secured transaction
O D. Negotiable instrument

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The answer is B, Bill of Lading.

The date for sending the final RFP to vendors is considered a(n) ____, because it signals that all RFP preparation work is complete.

Answers

The date for sending the final RFP to vendors is considered a milestone because it signals that all RFP preparation work is complete.

Who is a vendor?

A vendor, also known as a supplier, is an individual or company that sells goods or services to someone else in the economic production chain.

Here, a vendor helps make goods available to people in economic chain distribution.

Hence, the date for sending the final RFP to vendors is considered a milestone because it signals that all RFP preparation work is complete.

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Question 7 of 10
The maximum amount you must pay before your homeowners insurance
begins to pay is your
O
A. copayment
B. credit limit
O C. premium
O D. deductible

Answers

Credit limit since it builds your credit score

What IMC strategy involves a two-way flow of communication between a buyer and a seller and is designed to influence the buyer's purchase decision

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The strategy involves a two-way flow of communication between a buyer and a seller is personal selling.

What is communication?

It should be noted that communication simply means the exchange of information between the involved parties.

In this case, the IMC strategy involves a two-way flow of communication between a buyer and a seller and is designed to influence the buyer's purchase decision is personal selling.

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What does it mean when you say scrum separates what from thed how

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Scrum separated from thed how means that the team decides what they will inject and is best fitted into the story and the product owner decides how the process will be carry out.

What is scrum?

Scrum is a structure put in place to help teams work together effectively. Scrum encourages teams involved to learn from their experiences, reorganize themselves while working on a problem, and this enable them to reflect more on their wins and losses so that they can continue to improve.

Therefore, Scrum separated from thed how means that the team decides what they will inject and is best fitted into the story and the product owner decides how the process will be carry out.

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Individuals in different segments should have blank ______ within the segment and blank ______ across the segments. multiple choice question. differences; similarities similarities; familiarity targets; positioning similarities; differences

Answers

Answer: Similarities; differences

Explanation:

Cori signs a contract with a real-estate agency to sell her house. Cori cannot use other real estate agents while in this contract. This relationship is an example of ________.

Answers

Answer:

Express agency

Explanation:

I just took the quiz/test

If Steve Hewitt, City Administrator, were to say that the true heroes are the people who show up every day in the office, working to accomplish tasks, then this is an example of which style depicted in the Leadership Grid

Answers

With the term "authoritarian" or "authority-compliance", people in this category believe that members of their group are a means to an end. The needs of the group are always less than its productivity.

What is a leadership grid leadership style?

Grid Leadership is a model of ethical leadership founded in the 1960s to measure productivity concerns against human anxiety.

The grid identifies five types of leaders: Impoverished, Produce or Perish, Middle of the Road, Country Club, and Team.

The leadership style 'Authority-Compliance' (or 'Produce-or-Perish' style) suggests that managers get high scores on productivity concerns and less concern for people.

Thus, the given example discusses about 'Authority-Compliance' leadership style.

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As a property manager for a large office complex, Alisha develops a projection of the costs that will be incurred over the next 12 months, such as landscape expenses, snow removal, insurance, and repairs. Alisha has prepared a(n) ______.

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As a property manager for a large office complex, Alisha develops a projection of the costs that will be incurred over the next 12 months, such as landscape expenses, snow removal, insurance, and repairs. Alisha has prepared a budget.

Who is a manager?

The manager's main responsibility is to integrate the efforts of all team members and provide the finest outcomes possible to assure the institution's expansion. To get the greatest performance out of the workforce, administrators have a variety of duties and obligations.

Alisha creates a forecast of the expenditures that are going to need during the next year as the management company for a sizable office complex, including landscaping fees, trash removal costs, insurance, among maintenance. A budget has been created by Alisha.

This will help her to know about the changes and the operations that she needs to take into account. As the expenses and the savings can be done with its help.

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When Walt Disney acquired Marvel Entertainment in 2009, what type of concentration strategy were they most likely employing

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When Walt Disney acquired Marvel Entertainment in 2009, they employed Product development concentration strategy.

What is Product development?

Product development serves as the complete process of taking an idea from concept to delivery.

This strategy involves offering or enhancing an existing product.

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A pure monopoly exists when a single firm is the sole producer of a product for which there are no close ___.

Answers

Answer:

The answer would be Substitutes.

Explanation:

A pure monoply exists when a single firm is the sole producer of a product for which there are no close Substitutes.

A customer who complains and is loud is o a high-roller customer O a chronic complainer an aggressive customer O a meek customer​

Answers

Answer:

Answer:it is the high roller customer

Answer:it is the high roller customer Explanation:

Answer:it is the high roller customer Explanation: best and it willing to pay for it he or she expect the absolute

A customer who complains loudly is C. an aggressive customer.

Who is an aggressive customer?

An aggressive customer can be identified with some of the following characteristics:

Complains loudly.Tends to be unreasonable or unpredictable. Makes impossible demands.Refuses to acknowledge timeframes or accept the resolution processes.Uses inappropriate comments with lots of arguments.Shouts or makes threatening gestures.

Many customers who show signs of aggressiveness can be handled in a manner that reduces the tension, including:

Using own body language to show a non-threatening, open stance.Maintaining good eye contact without being confrontational.Keeping calm, slow, and steady physical movements.Respecting the aggressor's personal space.

Thus, a customer who complains loudly is C. an aggressive customer.

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A ________ requires the borrower to deposit the full amount of the line of credit at the bank as collateral before the credit card is issued.

Answers

A secured credit card requires the borrower to deposit the full amount of the line of credit at the bank as collateral .

What is a secured credit card?

A secured credit card serves as a type of credit card that is backed by a cash deposit from the cardholder.

With tgis card, a deposit can acts as collateral on the account.

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what is Paperwork filed with an insurance company in order to get them to cover a loss for someone they insure

Answers

Answer:

Claim

Explanation:

Explain the benefits of keeping your money in a bank or credit union, as opposed to an envelope under your bed.

Answers

Some of the benefits of keeping money in a bank instead of at home are:

The money is insured.They can help increase credit limit

What is a Bank?

This refers to the financial institution that engages in financial transactions and can also give out loans to its customers.

Some additional benefits include:

They are convenient.They offer various payment methods, etc

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Reading market news by non-U.S-based publications will help:

Answers

Answer:

broadening the investor base and also allowing them to become better integrated into the local business scene.

Explanation:

A firm has $75 million of assets that includes $12 million of cash and 25 million shares outstanding. If the firm uses $12 million of cash to repurchase shares, what is the new price per share

Answers

The new price per share is $3 if the firm uses $12 million to repurchase shares since demand will drive up the price after the repurchase.

What is share repurchase?

A share repurchase occurs when a company buys back its shares from the stock market.

The shares may be repurchased at a discount or premium.

When the share repurchase is completed, the demand for the shares normally increases, thereby driving the price up.

Data and Calculations:

Assets value = $75 million

Cash balance = $12 million

Outstanding shares = 25 million

Current price per share = $3 ($75 million/25 million)

Repurchase of shares = $12 million

Number of shares repurchased = 4 million ($12 million/$3)

New total assets = $63 million ($75 - $12 million)

New shares outstanding = 21 million (25 - 4 million)

New price per share = $3 ($63 /21 million)

Thus, the new price per share is $3 if the firm uses $12 million of cash to repurchase shares.

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When prices of outputs in an economy become sufficiently high causing production to exceed potential GDP, the resulting: Group of answer choices

Answers

The result of production exceeding the potential GDP is hyper-intense production will be unsustainable in the long run.

What happens when production exceeds Potential GDP ?

Potential GDP is the GDP of a country when all its resources are fully maximised. Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year.

Production in excess of potential GDP is unsustainable in the long run.

Here are the options to this question:

) higher wages will encourage workers to take more leisure time

B) the long run aggregate supply curve will shift to the right

C) hyper-intense production will be unsustainable in the long run

D) lower prices will lead to a lower quality of demand

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Who should be considered as part of a firm's infrastructure because of the considerable influence associated with the position

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The top management forms part of a firm's infrastructure because its has a considerable influence associated with the position.

What is a top management?

This refers to senior or top hierarchy in an organization or business such as chief executive officers.

These class of management is known as part of the firm's infrastructure because they have considerable influence associated with the position.

Therefore, the Option B is correct.

Missing options "procurement manager, top management, production manager, research and development scientist,  marketing personnel"

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Approximately how many people died during the rwandan genocide? question 28 options: 8,000 80,000 800,000 8,000,000

Answers

The Rwandan genocide was the war fought between the Rwandan Armed Force and the Rwandan Patriotic Front. Approximately 500,000 people died.

Why was the Rwandan Civil war fought?

The Rwandan Civil war was fought between the central government and the patriotic group, representing the conflict between the Tutsi and the Hutu group in the population.

The war was found to affect the majority of the groups and the population, and there was the death of approximately 500,000 people.

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First United Bank has a reserve requirement of 0.18. If you deposit money into your bank account at First United Bank, which results in $700 increase in excess reserves, then what is the maximum possible increase in money supply? Round your answer to two decimal places.

Answers

The maximum possible increase in the money supply given the reserve requirement and the excess reserves is $4,742.55.

What is the maximum possible increase in the money supply?

The first step is to determine the total amount deposited in the bank.

Amount deposited = excess reserve / (1 - required reserve)

$700 / (1 - 0.18)

$700 / 0.82 = $853.66

The maximum possible increase in the money supply = $853.66 / 0.18 = $4,742.55

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Workers' rights provided through union contracts are established a. by the employer. b. through collective bargaining. c. by law. d. within an overarching framework of common law.

Answers

Collective bargaining establishes the workers' rights granted under union contracts. So, option (b): "collective bargaining" is the correct answer.

What is collective bargaining?

International human rights accords affirm the right to collective bargaining. The ability to form trade unions is recognized as a fundamental human right in Article 23 of the Universal Declaration of Human Rights.

Collective bargaining is the process through which a union and an employer reach an agreement as a collective. During this process, the parties typically concentrate on matters such as pay, benefits, and working conditions.

Collective bargaining is the process through which employees, through their unions, negotiate contracts with their employers to decide their employment terms, such as;

CompensationBenefitsHoursLeaveOccupational healthSafety standardsStrategies to balance work and family

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e
17.
If 30,000 workers are unemployed in a state with a working age population of 400,000,
then the unemployment rate is?
a. 13.33%
b. 1,333.33%
c. .075%
d. 7.5%

Answers

Answer:

d. 7.5%?

Explanation:

What type of instrument can be helpful toll for governmental entities hedging the interest rate risk associated with their bond issue

Answers

The kind of instruments that is used for hedging the interest rates that are associated with bond issues is derivatives.

What are derivatives with regards to hedging?

This is a contract tool that firms and the government use for the mitigation of all forms of risks that may be exposed to them financially.

The different types of ways that hedging can be used for the sake of derivatives are:

They are used for foreign exchange risksThey are used for interest rate risk

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