Monopolies are inefficient compared to perfectly competitive firms because monopolies produce output with average total cost exceeding average revenue produce output with average total cost exceeding average revenue A produce more output than is social desirable produce more output than is social desirable B charge a price less than marginal revenue charge a price less than marginal revenue C charge a price greater than marginal cost charge a price greater than marginal cost D charge a price less than average total cost

Answers

Answer 1

Answer:

C. charge a price greater than marginal cost charge a price greater than marginal cost

Explanation:

A monopoly exists when the person or the enterprise is the sole provider of the goods and commodities. The supplies have complete control of the market as they form a single entity. They are thus characterized by a lack of economic competition. Due to they are monopolies they change higher prices on the outputs rather than the average revenue. Hence are called price setters.

Related Questions

Which of these choices shows the smartest thinking?
ОА.
I use my credit card very carefully and I always pay my credit card bill the
minute I get it.
I use my credit card very carefully and I always pay my credit card bill the
day it is due.
Ов,
Oc. I use my credit card for impulse shopping.
OD. I use my credit card to help my friends buy stuff they cannot afford,

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Ob is the smartest thinking I think

A special type of project team that focuses on the verse in designing a implement a new product is a

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Answer:

Product development team.

Explanation:

Product development team is special type of team which is formulated for designing a product and implement a new product. The product development team is responsible for the research of the new product and then formulae design for the product and then implement the product.

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Answer:

What should I help dude

The time attendance system in the production division at MM, an automobile manufacturing company, was malfunctioning. Consequently, Greg Hill, one of the front-level managers, sent it for repair. In the meantime, he placed a register where all workers of the production division had to provide their time of entry and exit from office. At the end of the week, when looking through the time logs, he had certain concerns about a group of employees. In the next week, he personally tracked the time this group of employees spent working and realized that they were reporting a greater number of working hours than they actually worked. This group engaged in a barrier to communication called _

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I don’t like to ready it’s called the pizza pizza Liza Liza can I get brainless

What is a tagline?

(Principles Of Business Management)

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A tagline is a catchphrase or slogan used to advertise a brand. It is a short phrase or a series of phrases,often presented in conjunction with a brand logo,that is intended to add meaning to a brand

Answer:

Explanation:

A tagline is a short phrase used in marketing campaigns of a business to sum up the value of a brand or its products and create a positive brand impression.

Someone broke into your apartment and stole all of your stuff. Luckily, you
have renter's insurance. How do you request that your insurance pay for
the lost items?
A. file a claim
B. Write a deductible
C. Submit a powerpoint presentation
D. Prepare a lease

Answers

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Answer: A, file a claim

Explanation:

I hope this helped!

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- Zack Slocum

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Answer:

A. file a claim

Explanation:

The answer is A. If you are on TeachBanzai because I did this a couple months ago and got 100%

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please hurry if answer is correct i will give brainlyyyyest thxIn this task, you will calculate the area of a complicated shape by splitting it into simpler shapes. Cut out shape C. Shape C is not a regular shape, so you cannot directly apply a formula to find its area. Split shape C into simpler shapes whose areas you can find by applying formulas. List the simple shapes into which you divided shape C, and measure their sides. Write all the measurements in inches. Please help! 30 points! Use the Law of Cosines to solve the problem. A ship travels due west for 83 miles. It then travels in a northwest direction for 111 miles and ends up 165 miles from its original position. To the nearest tenth of a degree, how many degrees north of west did it turn when it changed direction? Show your work. please help me to understand. Thanks. PLS HELP WILL MARK BRAINLEST help now asap mkkkkkkkkk Need help please and thank Problem PLS HELP MY GRADES GOING DOWN Present in a state where it molecules are far apart during a change of state it's molecules slow down which change of state has most likely taken place from a gas to a liquid from a liquid to a gas from a solid to a liquid from a gas to a plasma "Titanic" by David R. Slavitt has a more serious tone than Thomas Hardy's "The Convergence of the Twain." TrueFalse 14 cm12 cm22 cmFind the area of the trapezoid. and show WorkA. 108 cmB. 432 cmC. 60 cmD. 216 cm I need help ASAP please Here are the score that Jenna has received on her seven quizzes 16 11 20 16 12 17 18 what is the lower quadrille Specialty store manager Terri is evaluating her employees for the first week of March. Her part-time sales associates have a sales goal of $5,000 per week, and a conversion rate goal of 60%. Keeping track of how many customers came into the store during her shifts, sales associate Suzy had 120 customers enter the store that week during her shift. Her sales indicate 65 separate transactions for a total sales amount of $4803. Suzy's conversion rate for the week is _______ and her Meeting Quota ratio is _______ factorise p-q-x(q-p) Joe runs an M&M's factory and is reviewing the bagging machines. They drop M&M's into bags on a conveyor belt, with 39 M&M's going into each bag. Write an equation for the number of bags 'B' that can be filled from a supply of M&M's 'T'. Write your equation in the form of B=_____________. Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,400 models. During the month, the company completed 11,200 models, and transferred them to the Distribution Department. The company ended the month with 2200 models in ending inventory. There were 3000 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed. Beginning work in process was 30% complete as to conversion costs, while ending work in process was 55% complete as to conversion costs.Beginning inventory:Direct materials costs $20,000Conversion costs $11,100Manufacturing costs added during the accounting period:Direct materials costs $70,700Conversion costs $240,500What is the amount of direct materials cost assigned to ending work-in-process inventory at the end of October?a. $19,783b. $20,337c. $10,923d. $14,916 The audience is sympathetic to which type of character?| Alboo protagonistO antagonistO archetypeO stock Given the definitions of f(c) and g(x) below, find the value of g(f(5)).f(x) = 2x 10g(x) = x2 + 6x 8 1/3 + 1/2 and I am 5 years old 3. How large was the Ming Dynasty compared to the Mongols? What issues might arise from this difference?