For a single-price monopoly, marginal revenue is ________ when demand is elastic and is ________ 20) when demand is inelastic.

Answers

Answer 1

According to macroeconomic theory, for a single-price monopoly, marginal revenue is positive when demand is elastic and is negative when demand is inelastic.

When the demand is elastic, reducing the price and selling more units results in total revenue increasing.

Therefore, to make this valid, Marginal Revenue must be greater than  0.

On the other hand, when demand is inelastic, reducing the price and selling more units decreases total revenue.

Thereby, to make this valid, Marginal revenue must be less than 0.

Hence, in this case, it is concluded that the correct answer is positive and negative, respectively.

Learn more about marginal revenue here: https://brainly.com/question/10822075


Related Questions

according to the u.s. constitution, any tax levied by the government must be

Answers

Answer:

C. for the common defense or general welfare.

Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is a(n) _____ who has a duty to act on behalf of Shelby. Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is a(n) _____ who has a duty to act on behalf of Shelby. principal fiduciary trustee employee third-party beneficiary

Answers

The answer is fiduciary

Identify what is needed to calculate the P/E ratio. (Check all that apply.) Multiple select question. Return on equity Average stockholders' equity Earnings per share Common stock dividends declared Stock price

Answers

The computation of the P/E (Price/Earnings) ratio requires C. Earnings per share and E. Stock price.

The Stock price is the current market price per share of the company's stock. The Earnings per share (EPS) is the net income (less preferred dividend) divided by the number of outstanding common stock shares.

Thus, the P/E ratio computation requires C and E.

Learnn more: https://brainly.com/question/25785735

what document explains your rights and responsibilities as a federal student loan borrower? your master promissory note your billing statement your financial aid offer check answercheck answer previous

Answers

The master promissory note is a document that explains your rights and responsibilities as a federal student loan borrower.

The first option is correct. This document is one that is legally binding. Before a student agrees that they would want to take out loans as students, they first have to know what their rights and responsibilities are as a borrower and also to the lending facility.

There are a lot of available options that are in place to help with the management of student loans.

Read more on https://brainly.com/question/25038347?referrer=searchResults

Which elements exist in the completed assignment?
Check all that apply.
O a Birthdate field
all grade 12 students with a check mark in the
Active field
a Grade field between the Student Number and Last
Name fields
O an E-mail field
a Clip Art image attached to a customer field

Answers

Answer:

a Birthdate field

a Grade field between the Student Number and Last Name fields

Explanation:

edg 2022

True or false: No gain or loss is reported when treasury stock is reissued because GAAP does not consider transactions between a corporation and its owners to be profit-making activities. True false question. True False

Answers

Answer:

true

Explanation:

GAAP does not allow gains or losses to be reported when a corporation reissues its treasury stock.

*15 POINTS*
PLEASE HELP WITH ALL SOLUTIONS​

Answers

Answer:

i cant see them

Explanation:

The rules governing when a sale is a sale when the product is _____and _____; the buyer can cancel prior to that.

Answers

Basically, the rule of sales contract recognizes that sales is done when the product is negotiated on and paid for, and thus, the the buyer can cancel prior to that.

In the contract on sales, a sale formally becomes a sale when a party gives something to another in exchange for money.

The consideration (Premium/Sales cost) is the main factor that makes a sales contract valid and legal.

Hence, the rule of sales contract recognizes that sales is done when the product is negotiated on and paid for, and thus, the the buyer can cancel prior to that.

Read more about sales contract:

brainly.com/question/17179342

A collective good offers particularized benefits while private goods are broadly distributed. True False

Answers

The answer would be true

________ are salespeople who sell a manufacturer’s products on an extended contract basis but are not employees of the manufacturer.

Answers

Answer:

manufacturer's representatives.

hope this helps! :)

Manufacture's sales representative are sales groups who sell a manufacturer’s commodities on a prolonged contract ground, but are not employees of the manufacturer.

Who is Manufacture's sales representative?

A manufacturers' representative is, in its most basic form, defines as someone who agrees to represent a firm and sell their product or service for a certain percentage fee.

He changes some basic commission on sale of the manufacture's product or commodity. Thai commission is also added to the price of commodity.

Sales organizations that market a manufacturer's commodities on a long-term contract basis, but are not employees of the manufacturer, are known as manufacturer's sales representatives.

Therefore, manufacture's sales representative is a person that sales the products on the behalf of manufacture.

Learn more about representative, refer to:

https://brainly.com/question/13246446

The advantages of using in-house marketing and advertising staff include all of the following except: Question 27 options: A) greater control. B) global accounts. C) lower cost. D) brand knowledge. E) superior product.

Answers

All of the mentioned factors are advantages of having an in-house marketing staff except E. Superior product

Using an in-house marketing department instead of an external agency means that the company will not benefit from the experience of the agency which they gained from:

Specializing in marketing Attracting top talents

In the end therefore, the marketing product produced by the in-house department will be inferior to that, that would have been produced by the agency.

In conclusion, the in-house department will not produce a superior product.

Find out more at https://brainly.com/question/22882585.

During 2021, Jasmine, a self-employed individual, paid the following amounts: State income tax $2,400 State sales taxes 2,950 State occupational license fee 450 Personal property tax on value of automobile 400 What amount can Jasmine claim as taxes in itemizing deductions from AGI

Answers

Answer:

3350

Explanation:

Since state sales tax is larger than state income you will lose that and add your personal property tax of 400 to your deduction.

2950+400= 3350

have anyone seen the new resident evil welcome to raccoon city trailer if anyone answer this will get brianlist

Answers

Answer:

Explanation:

yup !! its so cool fr

Over the last fifty years both real GDP and prices have trended upward in most countries. Continuing real GDP growth and inflation can be explained by

Answers

The continued technological progress and continuing increases in the money supply are a major factor for the continuous rise in real GDP growth and inflation.

Every country have improved massively especially in production of goods and services because of technological progress

Also, an increase in money supply are achieved because of various effective economic policies implemented by the economic team of many countries.

Hence, the Option C is correct because the continued technological progress and continuing increases in the money supply are a major factor for the continuous rise in real GDP growth and inflation.

The missing options includes "a. continuing technological progress alone. b. continuing increases in the money supply alone. c. continued technological progress and continuing increases in the money supply. d. None of the above can explain continuing real GDP growth and inflation."

Read more about this here

brainly.com/question/15056897

Two countries, Country A and Country B, produce petroleum and seafood. A 4-column table has 2 rows. The first column is labeled country with entries Country A, Country B. The second column is labeled Cost (units) with entries 1, 1. The third column is labeled Petroleum (units) with entries 16, 8. The fourth column is labeled Seafood (units) with entries 8, 8. Based on the data in the table, has the absolute advantage in producing petroleum.

Answers

Answer:

Country A

Explanation:

Based on the data in the table, has the absolute advantage in producing petroleum is country A.

What is absolute advantage?

A country has an absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries.

Looking at the table, Country A, produces 16 units of pertroluem while Country B produces 8 units. Thus, Country A has an absolute advantage.

To learn more about absolute advantage, please check: https://brainly.com/question/25812820

The general approach for handling advertising costs which benefit future quarters in interim reports is to:____.
A. prorate them over the current and remaining quarters.
B. charge the expenses in the quarter incurred.
C. disclose them only in the notes.
D. prorate them over all four quarters.

Answers

Answer:

The answer to your question will be A

Linda is having trouble in her economics class. Although she understands the material, she often gets low grades on her essays because she uses inaccurate language and her sentences are difficult to understand. Which condition is Linda most likely struggling with

Answers

Based on the information given, the condition that Linda is most likely struggling with is writing disorder.

From the information given, it was stated that Linda is having trouble in her economics class and that she often gets low grades on her essays because she uses inaccurate language and her sentences are difficult to understand.

The above shows that she has a writing disorder. It's also referred to as dysgraphia. It's when an individual has problems with writing. This has a negative impact on the grade of such a person.

Read related link on:

https://brainly.com/question/25628373

The accountant recorded the adjusting entry for the depreciation of its long-lived assets with a debit to Depreciation Expense and a credit to Accumulated Depreciation. As a result of this entry, assets and stockholders' equity will be ______. Multiple choice question. unaffected by the entry understated decreased overstated

Answers

As a result of the entry that was made by the accountant, assets and stockholders' equity will be decreased.

From the information given, it should be noted that an accountant recorded the adjusting entry for the depreciation of its long-lived assets with a debit to depreciation expense and a credit to accumulated depreciation.

Since there's a credit to the accumulated depreciation, it should be noted that there will be a reduction in the assets and the stockholders equity.

Read related link on:

https://brainly.com/question/25576149

Why is personal finance dependent upon your behavior?

Answers

Personal finance depends on your behavior because you are the manager of your financial resources, so it is necessary to carry out personal planning of your finances.

Personal financial behavior can be measured by six dimensions, which are:

Emergency fundsIndebtedness levelSavings ratesAsset diversificationRetirement PreparationWealth distribution

Personal finances are directly impacted by our behaviors and decisions. Some of these behaviors are subconscious and difficult to identify, but they should be analyzed in case they negatively influence your finances.

Therefore, financial planning is essential to use your financial resources consciously and in accordance with your goals.

Learn more about personal finance here:

https://brainly.com/question/2961383

cash transactions involving the purchase and sale of long-term assets and current investments are classified on the statement of cash flows as

Answers

Answer: Investing Activities

Explanation: The investing activities lists all of the purchases and sales of long-term fixed assets, such as equipment, building, land, and the purchase of shares.

Hope this helps.

which tech company is named after a very large number

Answers

And the Answer is:

G o o g l e

__________ is the specialized area of management that converts or transforms resources into goods and services.

Answers

Answer:

operations management

Explanation:

Trust me

keitaro, a university administrator, needs to send an official memo to the directors of the registration, advising, and financial aid divisions, as well as their supervisors. to determine who should receive his memo, keitaro consults the

Answers

Based on the information given to determine who should receive his memo, keitaro consults the organization chart.

Organizational chart is a chart that help to illustrate a company or organization structure based on their rank and the job responsibilities assign to each one of them.

Based on the information given using the organization chart is the best as this will enable the university administrator to identify the right person to receive the official memo.

The university organization chart will show the person to receive the memo based on the rank and workload designated to each individual on the chart.

Inconclusion  to determine who should receive his memo, keitaro consults the organization chart.

Learn more organization chart here:

https://brainly.com/question/25296906

________ strategy involves the types of decisions made and direction created for a company that operates multiple lines of business.

Answers

Corporate strategy involves the types of decisions made and direction created for a company that operates multiple lines of business.

The managers of Tanika Enterprises are considering how well alternative plans may meet its high-priority goals, as well as identifying the cost of each initiative and its likely investment return. Tanika Enterprises is in the __________ stage of the planning process. Multiple Choice evaluating goals and plans analyzing the situation implementing goals and plans selecting goals and plans monitoring and controlling performance

Answers

Based on the planning process, the stage where Tanika Enterprises is currently at is: A. evaluating goals and plans.

Planning can be defined as a strategic process which involves the development of organizational goals and objectives, as well as translating them into action plans or courses of action.

Hence, planning is a strategic technique which is used by business enterprises to achieve the following:

Make an aggregate plan for its high-priority goals.Identifying the cost of each initiative.Predict investment return.

In Business management, there are five (5) essential stages in the planning process and these include:

1. Establishing your goals and objectives.

2. Determining your style of investment.

3. Evaluating your goals and plans.

4. Choosing the cost-effective and appropriate investment plan.

5. Executing and examining the investment plan periodically.

In this scenario, Tanika Enterprises is in the evaluating goals and plans stage of the planning process.

Read more: https://brainly.com/question/24254867

instructions:wikarambulan is a sound like game. by saying\pronouncing and connecting the word, reveal the elements and factors of principles, tools and techniques in creating a business. write your answer on the blank space provided in the side of the paper.
1. IS TRE ENGCKS
2. OP FORTUNE NI TEAS
3. WEEK NEST CES
4.THREE EATS
5. IN DUST TREE
6. END BY RON MEANT ALL
7. PIE HAVE FOUR ZEST
8. ENCHO NO MEEK
9. SOAP FLYER
10. COST TOO MHER​

Answers

Answer:

1.strengths

2.opportunities

3.weakneses

4.threats

5.industry

6.environment

8.economic

9.supliyer

10.customer

the purpose of _______ is to build selective demand.

Answers

Persuasive advertising serve as kind of advertising that build selective demand.

Persuasive advertising can be regarded as a form of product promotion which convince the potential customer in a persuasive manner to purchase a specific product.

It is a kind of advertising that bring about Selective demand whereby demand for a specific brand is been set as a result of the advert to the potential customer.

Therefore, Persuasive advertising is the correct term.

Learn more at:

https://brainly.com/question/13069625?referrer=searchResults

What is created when light is blocked by an opaque object?

Answers

Answer:

Light travels in straight lines. When light is blocked by an opaque object, a dark shadow is formed.

Explanation:

trust me and can i get the crown

Which of the following is NOT a possible tax or deduction that could be withdrawn from your paycheck?

Answers

Government often deduct tax from income of the people. The option that is not a possible tax or deduction that could be withdrawn from your paycheck is Sales tax.

A sales tax is simply known as a tax paid to body (Government/set up body)for the sales of specific goods and services.

The law gives seller the right to collect funds for the tax from the consumer at the point of purchase.

It is a tax that  is placed on goods or services that is paid to a governing body directly by a consumer.

See full question below

Which of the following is NOT a possible tax or deduction that could show up on your paycheck?

Answer choices

State income tax Contributions to retirement savings FICA Sales tax

Learn more from

https://brainly.com/question/20853786

Answer:

sale tax

Explanation:

Ivers Co. holds $30,000 of available-for-sale securities. Ivers intends to hold these securities for three years. Ivers should report these securities as a(n) ________ on the balance sheet.

Answers

Answer:

long term asset

Explanation:

long term asset

Other Questions
Which of the following adjectives most closely describes the tone of the passage below (paragraph 4)?About me lie the remnants of Solo. My equipment is properly secured, vital systems are functioning, and daily priorities are set, priorities not to be argued with. I somehow rise above mutinous apprehension, fear, and pain. I am captain of my tiny ship in treacherous waters. I escaped the confused turmoil following Solos loss, and I have finally gotten food and water. I have overcome almost certain death. I now have a choice: to pilot myself to a new life or to give up and watch myself die. I choose to kick as long as I can.Answer choices for the above questionA. determinedB. apprehensiveC. defeatedD. excited xmp-qite-xsy. girl jnheeeeeee hree 100 PTSSSSSGive your insight about the question below. Write on the given space provided. (not less than 5sentences) "how related are the characteristics of plants and humans interms of survival?" Write a letter to your class teacher telling him the reason why you want to go home Missed 10 days of Algebra 2. I think they did some Long Division stuff but i need help figuring out how to do this stuff...I attached an image below of some example problems What is the area of this figure? On October 1, Organic Farming purchases wind turbines for $140,000. The wind turbines are expected to last six years, have a salvagevalue of $20,000, and be depreciated using the straight-line method.1. Compute depreciation expense for the last three months of the first year.2. Compute depreciation expense for the second year. The ________ sum of squares measures the variability of the group means around the overall mean. Group of answer choices between within interaction total WRITE GERUND OR INFINITIVE1.- Arthur expects .. (win) the marathon next month.2.- The house is expensive so I cant afford (buy) it now.3.- Do we need . (find) new projects?4.- Can he touch his toes without (bend) his knees?5.-My sister didnt know what (do).6.- Lisa is very good at (swim) in the pool.7.- Sonia swears .. (tell) the truth to her teacher.8.-Martha invited me .. (attend) the ceremony.9.-I got the money by .. (clean) peoples houses.10.-A corkscrew is a tool for . (take) corks out of bottles.11.-Yesterday my dad helped me . (do) my homework.12.-Could you tell how . (get) to the hospital?13.-Philip is too tired .. (play) basketball with me.14.- Thomas insisted on (travel) by car.15.-After .. (play) tennis I drank some mineral water.16.-Are you interested in What is the function of the nuclear envelope? What is the estimated total of 674, 692, 724, and 739? Inequalities definition What case in Latin would the word boy be in the following sentence? I saw the boy. Does chlorine have a smaller ionic radius than soium. whats something you want to tell joe biren right now ? PLEASE HELP! Please give me the correct answers! No links, please! If you do not know the answer please don't put anything down, Thank you!!! A photographer for the New York Evening Sun. He turned his camera on the crowded, unsafe, rat-infested, tenement buildings where the urban poor lived. He published How the Other Half Lives that led to reforms. Chemical properties of mercury hg I need help with these. I have no idea how to find the answer for them. My teacher told me the first one was 136 but she didnt explain how to find the answer or anything. Can someone please explain how you get the answers step by step & not just give them to me. Thank! PLEASEEE HELPPPP!!!! PLSSSS!!!!All of the following can increase blood pressure except for D. parasympathetic nervous stimulatonB. sympathetic nervous stimulatonA. reduction in arteriole diameterC. angiotensin II