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slega [8]
2 years ago
9

A profit-maximizing monopolist will never operate in the portion ofthe demand curve with price elasticity equal to a. - 3 b. -1

c. - 1.3 d. None of the above - the price elasticity does not matter
Business
1 answer:
qaws [65]2 years ago
7 0

Answer: d.None of the above - the price elasticity does not matter

Explanation:

The profit maximizing of a monopolist has little do with individual consumer responsiveness, but with the overall market. We know that profit is maximized on the interaction where the Marginal Cost that is the incremental cost is equal to the Marginal Revenue that is the incremental revenue, on the demand curve it has a positive intersect in the elastic region , this helps to achieve a higher price than on the inelastic region, with less output (less production costs), this result in a greater profit for the monopolist.

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Auto parts manufacturer JEG Inc. has a number of vacancies at lower management levels and wants to fill the positions from withi
Ainat [17]

Answer:

B)Unqualified applicants will need explanations about why they did not get the job.

Explanation:

From the question we are informed Auto parts manufacturer JEG Inc. who has a number of vacancies at lower management levels and wants to fill the positions from within the company itself rather than recruit externally. The company plans to e-mail the job specifications to all employees and post the jobs on the company Web site. In this case, what could weaken the company's decision, is that Unqualified applicants will need explanations about why they did not get the job.

7 0
1 year ago
One inherent risk to using lean philosophy is that companies are at higher risk of inventory shortage during volatile times such
olganol [36]

Answer:

True

Explanation:

As in the lean philosophy the production is based on specific customer demands, there are chances that when the order is received then the inventory required is not present and that the inventory is not held in hand.

Whereas in the traditional philosophy the production is based on the principle of budgets and sales forecast, accordingly the sales keeps on moving and the inventory is also held in hand prior to confirmation of order from customers.

Since there is no planning before the order is received from customers under lean, in emergency cases, or scarcity of resources, the inventory will fall short, and acquisition of inventory would not be easy.

6 0
2 years ago
"3B's - Bigger, Better Burger" hamburger fast food restaurants merge with a large potato farm "Potters Potatoes." 3B's is now lo
Makovka662 [10]

Answer:

alliteration

Explanation:

6 0
2 years ago
Kaylor Equipment Rental paid $75 in dividends and $511 in interest expense. The addition to retained earnings is $418 and net ne
VladimirAG [237]

Answer:

$1,269.46

Explanation:

Earnings Before Interest and Tax (EBIT) refers to the net income which is a difference between the revenue of an organisation and the expenses that were incurred in order to generate that revenue. The calculation of the EBIT is usually for a particular year and it is usually found in the Income Statement part of an organisation's financial statement.

To calculate the EBIT therefore, the Tax as well as interest must be added back to the Net Income after tax (usually added to retained earnings)

Therefore, Net Income = Dividends paid + Net Income (added to retained earnings)

= $75 + $418 = $493 - This represents a partial net income

The next step is to calculate the taxable income as follows:

The net income is $493, and the Tax rate is 35%

Taxable Income = $493/ (1-0.35) = $758.46

Earnings before interest and tax therefore =

Interest paid + Taxable Income

= $511 + $758.46 = $1,269.46

7 0
2 years ago
The action by Massachusetts farmers who were protesting debt collections, foreclosures, and taxes and which raised concern among
amid [387]

Answer:

Shay's rebellion

Explanation:

Shay's rebellion occurred in 1786 and was led by a former army captain, Daniel Shay.

<u>The rebellion was a form of protest against government policies such as foreclosure of farmlands, debt payments and taxes.</u>

The rebellion, along with some other events occurring at the time raised doubts about the Articles of Confederation and its ability to protect the Republic.

5 0
2 years ago
Read 2 more answers
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