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What else can I help you with?
Why did Microsoft destroy cultural values on purpose or not on purpose obvious or not so obvious but as monopolist?
i dont know but you should go and find out
What are the release dates for The Monopolist - 1915?
The Monopolist - 1915 was released on: USA: 21 August 1915
When a second firm enters a monopolist's market what will the initial demand curve facing the monopolist do?
shift to the left.
Effect of a monopolist's price increase?
If a monopolist raises his prices above marginal cost, he will increase his profits. This seems like a good thing for the monopolist. However, the down side is that it reduces the well-being of consumers. Most times, the harm to consumers is greater than the gain of the monopolist.
What is the demand curve faced by a pure monopolist?
The demand curve faced by a pure monopolist is of downward sloping in shape.
What is monopolist profit?
Monopolist profit refers to the excess earnings that a monopolistic firm generates by being the sole provider of a good or service in a market. Unlike firms in competitive markets, a monopolist can set prices above marginal costs, leading to higher profit margins. This profit arises from the lack of competition, allowing the monopolist to control supply and influence prices. Ultimately, monopolist profit can result in market inefficiencies and reduced consumer welfare.
Explain why a monopolist must lower its quantity relative to a competitive market to maximize its profits?
A monopolist must lower its quantity relative to a competitive market to maximize its profits because the monopolist already controls and owns the largest share of the market.
The demand curve for a monopolist differs from the demand curve faced by a competitive firm?
The pure monopolist's market situation differs from that of a competitive firm in that the monopolist's demand curve is downsloping, causing the marginal-revenue curve to lie below the demand curve. Like the competitive seller, the pure monopolist will maximize profit by equating marginal revenue and marginal cost. Barriers to entry may permit a monopolist to acquire economic profit even in the long run.
(a)Which of the following is true (A)A monopolist produces on the inelastic portion of its demand. (B)A monopolist always earns an economic profit. (C)The more inelastic the demand the closer marg?
(A) A monopolist produces on the inelastic portion of its demand. This is true because a monopolist maximizes profit where marginal revenue equals marginal cost, and inelastic demand allows the monopolist to raise prices without losing too many customers. However, (B) is not necessarily true, as a monopolist can incur losses in the short run, and (C) is incomplete, but typically, the more inelastic the demand, the closer marginal revenue will be to price.
How was john Rockefeller a captain of the industry?
He was a monopolist.
What Monopolist can decide?
they decide price and quantity.
How was john Rockefeller a captain of industry?
He was a monopolist.
