because a monopolist does not face competition from other firms, the outcome in a market with a monopoly

At which level will a manager use analytics to make decisions? operational level managerial level strategic level all of the above

Which of these is not a result of regular exercise

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value