Business, 10.03.2020 19:08 hinacat87

Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where .A. marginal cost equals average revenueB. marginal revenue equals average costC. average total cost equals average revenueD. marginal revenue equals marginal cost

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Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where

D. marginal revenue equals marginal cost

Explanation:

Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where D. marginal revenue equals marginal costIn business, the production is done at the level where marginal revenue is equals to marginal cost to maximize the output.When the marginal revenue is greater than the marginal cost, it pays you more. Each unit added which is sold will add more to revenue than to costs.Marginal cost is the cost which occurs due to the increase in cost a company incurs by producing one extra unit of goods or services.

Answer from: Quest

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

Answer from: Quest

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

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Many people believe that pure monopolies charge any price they want to without affecting sales. Inst...

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