The marginal revenue curve of a firm with market power will always lie below its demand curve because of.

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Answer 1

The reason why firm with market power will have a marginal revenue curve that is always below its demand curve is because of the output effect and the discount effect.

What is the output and discount effect?

These effects refer to the tendency of firms with market power, to offer lower prices on their goods and services to be able to sell more units of their products.

For this reason, the marginal revenue - additional revenue received - will be less than price - demand curve because the price will always drop to sell more units.

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The Marginal Revenue Curve Of A Firm With Market Power Will Always Lie Below Its Demand Curve Because

Related Questions

Aaliyah has been asked to do research in a new payment system for the retail stores that her company owns. Which technology is predominately used for contactless payment systems that she will investigate?.

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The way that they use the intervener can very between which different methods that you can use

Many small businesses rely on factoring as a source of short-term financing because Multiple Choice interest paid to a factor qualifies for a tax credit. small firms often find it difficult to qualify for bank loans. factoring provides a much cheaper source of funds than bank loans. loans provided by factors do not require collateral.

Answers

Factoring is a popular short-term finance option for many small enterprises because Small businesses frequently struggle to obtain bank loans. So, "small firms often find it difficult to qualify for bank loans" is the correct answer.

Why do small businesses rely on short-term financing?

Short-term loans are more common for small firms than long-term debt funding.

Short-term loans are frequently preferred by businesses over factoring or merchant cash advances, which have higher interest rates and terms.

An unsecured business line of credit may be more difficult to obtain than this sort of loan.

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If the economy starts below full employment, an expansionary fiscal policy will shift the aggregate demand curve from _____ to _____, and equilibrium will move from point _____ to

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The expansionary fiscal policy will shift the aggregate demand curve from AD0 to AD1 and equilibrium will move from point a to b if the economy starts below full employment.

What is the below full employment?

Its means when an the short-run real gross domestic product is lower than that same long-run potential real gross domestic product.

Hence, the economic situation will elicit a policy of expansionary fiscal which will affect the aggregate demand graph.

Therefore, the aggregate demand curve from AD0 to AD1 and equilibrium will move from point a to b if the economy starts below full employment.

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Rylen develops a new type of software and asks you how to go about making money through distribution of it. Rylen has been told to sell the software as opposed to issuing licenses for its use. What should you tell Rylen?

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Answer:

Rylen has been told to sell the software as opposed to issuing licenses for its use. What should you tell Rylen? By licensing, rather than by selling, a software vendor can avoid the doctrine of first sale, which allows a lawful owner to sell or otherwise dispose of the copy.

Major sources of foreign direct investment in terms of frequency and dollar amount are Group of answer choices fair trade programs. startup organizations. venture capitalists. transnational corporations. microfinance.

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Venture capitalists are the main sources of foreign direct investment in terms of frequency and dollar amount.

What are Venture Capitalists?

Corresponds to the purchase of businesses through shareholding, whose purpose is to increase the value of shares for subsequent exit.

Therefore, the venture capitalists provides an equity fund for companies with high growth potential, supporting their development with the aim of achieving substantial return on investment (ROI).

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Your grandmother is giving you $1,000 as a graduation present but has indicated that you must open an account with a financial institution so you have financial foundations in place when you start college. In town, there are a commercial bank, credit union, and a savings and loan. Using the PACED model, compare these three institutions to determine which one you would select and explain why.

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Using the PACED model, after comparing  these three institutions. The best choice to open an account with is commercial bank.

What is  commercial bank, credit union, and a savings and loan?

Commercial bank can be defined as a  financial institution that offers several financial services such as:

Depoist Saving accountLoans

A credit union ia also a financial institution that is non profit and they as well accept deposit and gives out loan to their members.

Savings and loan is a institution accept deposit  and give out real estate loan.

The best choice when using PACED model for decison making is for her to open a savings account with a commercial bank reason being she will be able to save while she earn interest on the amount saved.

Inconclusion  Using the PACED model, after comparing  these three institutions. The best choice to open an account with is commercial bank.

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The control principle related to not having the same person authorize and pay for goods is known as.

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The control principle related to not having the same person authorize and pay for goods is known as:establishment of responsibility.

What is establishment of responsibility?

Establishment of responsibility can be defined as the way in which a person is assign to only one responsibility or assign to one particular roles.

This person is the only individual that has the right or authority to authorize and approve all transactions or to pay for goods.

Therefore  the control principle related to not having the same person authorize and pay for goods is known as:establishment of responsibility.

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In a hypothetical situation, the united states and mexico have labor forces of the same size. The production possibilities curves in the figure show that the united states has an absolute advantage over mexico in vegetables and beef. This means that if both countries use the same amount of resources on those products, ______.

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If the United states has an absolute advantage in the production of vegetables and beef over Mexico, the United States produces more of both products.

What is absolute advantage?

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.

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

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Which of the following is considered a purchase tax? a. income tax b. social security c. property tax d. excise tax please select the best answer from the choices provided a b c d

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The purchase tax is paid by the consumer over a commodity. The excise tax has been considered as the purchase tax.

What are taxes?

The taxes are the contribution to the state made to develop the contribution to the revenue. The Purchase tax has been the tax paid by the individual over the product buy.

The following tax is paid as:

Income tax: Over income Social security: Over the protection Property tax: Over the land ownedExcise tax: Over the purchase

Thus, the excise tax has been the type of purchase tax. Thus, option D is correct.

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Answer:

D: Excise tax

Explanation:

EDGE: 2022

The financial manager for Appleton Brewing Company is working with the firm's marketing department to bring out a new line of hard cider. The new product development and subsequent production will require a long-term investment of funds by the company. Which source of financing would be representative of such a long-term funding requirement

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Answer:

Brainliest pls

Explanation:

issuance of bonds

The source financing that would be representative of such a long-term funding requirement is issuance of bonds.

What is issuance of bonds?

Issuance of bonds is one way for companies to raise money. A bond functions as a loan between an investor and a corporation. The investor agrees to give the corporation a certain amount of money for a specific period of time. In exchange, the investor receives periodic interest payments. When the bond reaches its maturity date, the company repays the investor.

The decision to issue bonds instead of selecting other methods of raising money can be driven by many factors. Comparing the features and benefits of bonds versus other common methods of raising cash provides some insight. It helps to explain why companies often issue bonds when they need to finance corporate activities.

Bonds have several advantages over bank loans and can be structured in many ways with different maturities.

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Which type of specialized fire company generally has the primary duty of searching for victims and removing them from areas of danger or entrapment

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The type of specialized fire company that has the primary duty of searching for victims and removing them from areas of danger or entrapment is the Rescue company.

What is a Fire Agency?

This refers to a government or private agency that has the job of assisting in fire situations and also removing trapped people in buildings,

Hence, we can see that in the fire company, there is a specialized company that rescues victims from fire and removes them from areas of danger or entrapment and they are known as the rescue company.

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Projects ___ when every trade is not on the same page on everything from scheduling to installations.

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Projects are behind schedule when every trade is not on the same page on everything from scheduling to installations.

What is project?

A project is task or assignment that is given or done to achieve a specified results.

Projects are result oriented and time bound. It can be done individually or a s a group working together in an organization or firm.

Therefore, Projects are behind schedule when every trade is not on the same page on everything from scheduling to installations

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When both debit and credit amounts have been posted to an account, what determines whether the balance is a debit or a credit?.

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Answer:

Whenever the debits in an account exceed the credits, the balance is a debit. Whenever the credits in an account exceed the debits, the balance is a credit.

Explanation:

As long as you do not have any debt, you will have a high credit score.

Answers

Some people say that if you don't have debt, your credit score will be high but this is a FALSE statement.

Will you have a high credit score without debt?

One of the things that goes into calculating a person's credit score is their credit history. If you have a short credit history, you will have a lower score.

For this reason, having no debt will not give you a high credit score because lenders will not be sure of your ability to pay off debt.

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What economic system focused on exports and acquiring precious metals?.

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Mercantilism is an economic system focused on exports and acquiring precious metals.

What is Mercantilism?

Mercantilism is an practice of economics that all was by which governments make use of their economy to enhance power.

They reduce the level of importation and increase the level of exportation.

Therefore, Mercantilism is an economic system focused on exports and acquiring precious metals.

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How does the interest rate and consumer expectations affect the
business cyde?

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Answer:

the lower interest rates encourage companies to the expansion.This is due to the fact that the companies are able to borrow money at a lower interest rates.This provides an opportunity to borrow money necessary to expand the business.The inflation and interest rate expectations of consumers and firms are important variables determining bond prices.They are also key in determining the level of consumption, private investment, and debt levels in the economy.

Explanation:

hope this helps if not let me know :)

Suppose an economy's marginal propensity to consume (MPC) is 0.6. Then 1 + MPC + MPC2 + MPC3 = 2.176 and, if we continued adding up terms in this geometric series, we would get closer and closer to the multiplier value of

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If we continued adding up terms in this geometric series, we would get closer and closer to the multiplier value of 2.5.

What do you mean by marginal propensity?

The marginal propensity to consume plus the marginal propensity to save equals 1.

Solution:

Multiplier=1/(1-MPC)

Multiplier=1/(1-0.6)

Multiplier=2.5

MPC of n the number of cycle:

=1 + MPC + MPC2 + MPC3

=1+0.6+0.6^2+0.6^3=2.176

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According to the acquired needs theory, the desire to influence others is part of the need for:.

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Based on the acquired needs theory, the desire to influence others is part of the need for power self-actualization achievement.

What is acquired need theory?

Acquired needs theory is said to be a theory  that is also called McClelland's Needs Theory or Three-Needs theory.

Conclusively, this is known  to be a theory that is as a result of the view that individual's needs are gotten as they live their lives or via life experiences and that the desire to influence others is part of the need for power self-actualization achievement.

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One key difference between an oligopoly market and a competitive market is that oligopolistic firms.

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A difference between an oligopolistic and a competitive firm is each firm's profits depend on other firms actions in oligopolistic markets while they do not in competitive markets.

What is a competitive firm?

A perfect competition is a market where there are many buyers and sellers of identical goods and services. Buyers and sellers are price takers.

What is an oligopolistic firm?

An Oligopoly is when there are few large firms operating in an industry. A cartel is a type of oligopoly where  two or more producers come together to regulate either the price of their good or the quantity of their goods that would be supplied.

Here are the options to the question:

a) each firm's profits depend on other firms actions in oligopolistic markets while they do not in competitive markets.

b) oligopotisfic firms sell completely unrelated products while competitive firms do not.

c) oligopolistic firms sell their product at a price equal to marginal cost while competitive firms do not.

d) oligopolistic firms are price takers while competitive firms are not.

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What is ISO 14001 used for?

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Answer:

ISO 14001 is an internationally agreed standard that sets out the requirements for an environmental management system. It helps organizations improve their environmental performance through more efficient use of resources and reduction of waste, gaining a competitive advantage and the trust of stakeholders.

Explanation:

hehe

If your marginal propensity to consume is 0. 4 and you get an additional $300 in income, you would spend ________ on consumption.

Answers

Answer:

$120

Explanation:

.4 x 300 = $120

the MPC (Marginal propensity to consume) is essentially the same as saying this is how much of your additional income to spend. In this case, you spend .4 of your additional income. Multiplying .4 by $300 in additional income results in $120

What are two methods of analyzing capital investment proposals that both ignore present value?

Answers

The two methods of analyzing capital investment proposals that both ignore present value are cash payback period and the average rate of return.

What is the cash payback period method?

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

What is the average rate of return method?

Average rate of return is a capital budgeting method. It is used to determine if a firm should invest in a project or should not invest in a project

Average rate of return = average net income / average cost of investment

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The governance mechanism MOST closely connected with deterring unethical behaviors by holding top management accountable for the corporate culture is:

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When top management need to be held accountable for unethical behavior, the best way is to use a Board of Directors.

What does a Board of Directors do?

These are the representatives of the shareholders in the leadership of the company.

They are the highest authority in the company and the policies they implement are meant to hold top management accountable for unethical behavior that might threaten the shareholders.

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How to get bonded and insured for a small business?.

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1.Select your number of employees and bond amount

2.Enter your contact information

3.Enter your company information

4.Select when you would like your bond to start and the type of work you will be doing

5.Pay online and a receipt will be sent to your inbox immediately

A good website to visit is suretybonds.com

When studying the worth of work performed by its employees, a company identifies what it values about each of the jobs the employees do. These job characteristics are called

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These job characteristics, which a company identifies while studying the worth of work performed by employees or job values, are called compensable factors.

What are compensable factors?

Compensable factors are job attributes that a job evaluation plan provides for the employer to ascertain the worth of a job relative to others.

Some of the compensable factors are:

SkillResponsibilitiesEffortWorking Conditions.

Thus, these job characteristics are called compensable factors.

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Which of the following is true when workers specialize in the production of one good

A) there is increased competition among the producers of similar goods

B) The quantity of output produced by the worker increases

C) The satisfaction of the worker increases

D) The cost of producing the good increases

Answers

The statement that is true when workers specialize in the production of one good is: A) there is increased competition among the producers of similar goods.

What is specialization?

Specialization  means to be an expertise when it comes to production of goods and service.

When employee are specialize in the production of goods it tend to lead to more competition between manufacturer that produce similar products.

Therefore the correct option is A.

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Which best describes the idea behind the "invisible hand"? producers decide what to make for consumers, which guides the economy. individuals seeking their own self interest benefit the economy as a whole. government sets policy for producers and consumers, which guides the economy. consumers decide what they need and want to buy, which guides the economy.

Answers

The invisible hand is the phrase initiated by Adam Smith as the economic theory. The idea behind the invisible hand has been the development of the policy by the government guiding the economy.

Who was Adam Smith?

Adam Smith was the Scottish economist of the eighteenth century. In his book,  "The Wealth of Nations" he introduced the phrase the invisible hand.

The idea has been the development of the policies by the government as the invisible hand for the producers and the consumers that made the guide to the economy.

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Answer:

Individuals seeking their own self interest benefit the economy as a whole.

Explanation:

Producers and consumers Just took the unit test on edge!

If material, separate categories of property and equipment should be disclosed in the notes to the financial statements. What category of Dollar General’s property and equipment is the largest at the end of fiscal year 2020 (ending 1/29/2021)?

Answers

Based on the financial statements of Dollar General, the largest category of property and equipment is Furniture, fixtures and equipment.

What is the largest category for property and equipment?

The financial statements are not given for the year 2020 but based on the financial statements for fiscal year 2019, Furniture, fixtures and equipment have the largest balance of the Property and Equipment assets.

Out of the total net property and equipment, Furniture, fixtures and equipment account for a pre-depreciation balance of $3,298,594,000 which makes it the largest category.

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In most countries, companies have an incentive to use ______ because ______ payments are tax deductible. Multiple choice question.

Answers

Tax laws in most countries are such that companies are encouraged to use loan facilities / bonds because interest payments are deductible.

What do companies have an incentive to use?

In most nations, the interest payments that a company makes on loans and bonds are removed from taxes.

This reduces the tax liability of a company which encourages them to use more loan facilities and bonds knowing that they would pay less in taxes.

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A decrease in Inventory will be ______ net income when determining net cash flow provided by ______ activities on the statement of cash flows. Multiple choice question. added back to; operating

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A decrease in Inventory will be added back to net income when determining net cash flow provided by operating activities on the statement of cash flows.

Does inventory influence net cash flow?

Inventory is known to bring about cashflow and as such, an increase in inventory goods will be seen as a negative amount found in the cashflow statement, showing cash outlay.

Note that in the use of the indirect method to report cash flows from operating activities, a decrease in the inventory account will be added back to net income to be able to come to the net cash flow that is given by operating activities.

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Largely to prevent corruption associated with stuffing ballot boxes, states adopted ________ around the turn of the twentieth century Read the excerpt from "civil peace" by chinua achebe. "my frien, why you no de talk again. i de ask you say you wan make we call soja?" which is the best translation of the dialect in the excerpt? "my friend, why are you not speaking up? i wanted to know if you would call the soldier for us." "my friend, can you repeat what you said? i asked you if you wanted me to call the soldier?" "my friend, why are you not talking? i asked you if you wanted us to call the soldier." "my friend, why are you not talking? i wanted to know if you would call the soldier for us." I need this for school, please help!! Which pair of expressions has equivalent values?1^13 and 1^156^1and 9^17^8and 8^79- and 4^3 Help please I really need to figure this out In which of the following ways did the colonists not respond to the Intolerable Acts? a. Boycott any goods coming from England b. Start training the local militia for action c. Kill two British officers for every one of the Intolerable Acts d. Stop the shipment of any colonial goods bound for England HELP!HELP!HELP!HELPPPPPP!!!!!!!!!!!!!!!!!!! Use what youve read in the passage to answer this question.Many themes in modern stories are recycled from older stories. Look at the following themes, and decide which three could be applied to this story. (A) a quest for something of value(B) a story of romance that goes wrong (C) a story of revenge for a terrible crime(D) a difficult dilemma with no easy choices(E) a fight for freedom against oppressive authority(F) a drama that revolves around family members who dont agree What will happen if there is no oxygen for 2mins??? 7. Which detail from the section "Rubble & Refugees" provides a clue to themeaning of unity" as used in the section? *A. "including many civilians"B. "fleeing into Poland, Hungary, and beyond"C. "worked closely with the European Union, the United Kingdom, Japan, Canada, andNew Zealand"D. "the harshest ever inflicted" Which expression is equal to 0.750.09 What are range, index of qualitative variation (IQV), interquartile range (IQR), standard deviation, and variance A kitchen can be broken into 2 rectangles. One rectangle has a base of 7 feet and height of 5 feet. The second rectangle has a base of 2 feet and height of 2 feet. One package of tile will cover 3 square feet. How many packages of tile will she need? 8 13 15 39 Which statement best describes the rock cycle?Select one:A process in which the air changes the types of rocksA classification system for rocksProcesses that change rocks from one type to anotherA way to figure out the age of rocks Se movement of the progress bar may be uneven because questions can be worth more or less (including zero) depending on your answerRead the following:Jordan was ambivalent about the job offer. On the one hand, she was happy about the pay raise, but on the other hand,she worried about the extra responsibilities.Based on context clues in the reading, define "ambivalent."A. experiencing fearB. showing concernC. feeling excitementD. having mixed feelings 7. What value of c will make x2 20x + ca perfect square trinomial? Select all the correct answers.What were two ways that women helped the military during the Civil War? Hello Calculus!Find the value [tex]\\ \rm\Rrightarrow {\displaystyle{\int\limits_3^5}}(e^{3x}+7cosx-3tan^3x)dx[/tex]Note:-Answer with proper explanation required and all steps to be mentioned . A right triangle is shown. What is the value of x? Round to the nearest tenth. What are the solutions of the equation (x + 2)2 + 12(x + 2) 14 = 0? Use u substitution and the quadratic formula tosolve.-8+52O x=-6252O x=-4+52x=-2 +52 What is pop culture? Name at least one example each decade of pop culture icons from the 80s, 90s, 00s, 10s, and now.