antboogie611 antboogie611

19-06-2024
Business

Answered

Monopolies increase their profits by reducing output. This causes price to rise while as the firm reduces output their marginal cost tends to fall. This creates a gap between price and marginal cost. How does this gap between price and marginal cost help explain why collusion between two (or more) firms is likely fail?

Answer :

Other Questions

An antelope moving with constant acceleration covers the distance 80.0 m between two points in time 6.00 s. Its speed as it passes the second point is 15.0 m/s.

The nurse answers a call bell and finds a frightened mother whose child, the patient, is having a seizure. Which of these actions should the nurse take? a. The

How can service marketing strategies be effectively used to address the needs and preferences of online learning students in today's age? Explain by using the c

3. Change the fraction [tex]\frac{1}{w+5}[/tex] into an equivalent fraction with the denominator [tex]w^2 + w - 20[/tex].A. [tex]\frac{w^2 - 7w - 12}{w^2 + w -

Si AB=5 BC=12, entonces AC=

How to watch Rewind TV outside the USA?

When trying to motivate their employees, which of the following statements is most important for managers to remember?A. Fire the shirkers—they're gone if they

A change in which of the following is likely to disrupt the learning curve? A. Process B. Geography C. Market D. Price

Which of the following is correct in terms of type of aggressor and type of aggression?O proactive aggressors; instrumental aggressionO reactive aggressors; ins

When the economy has a recessionary gap, the government uses _______ fiscal policy to eliminate the gap and the _______. A. Contractionary, AD curve shifts left

Which sequence represents the correct levels of organizations for multicellular organisms?

68 more than the quotient of an unknown number and 54 is 72.

6. The rise of independent countries in Asia and Africa after World War II demonstrates the (Points : 2) failure of nationalist movements. in

How did the famine and the plague affect the population of Europe in the 1300s? They killed millions and led people to move to cites. They killed millions and l

The graph shows the distances traveled by two toy trains. A third train travels 15 feet in 3 seconds. How does the third train compare with Train 1 and Train

Which of the following statements apply to a typical lyric poem? A. It is short and musical B. It is long and complex C. It tells a long and complex story D. It

A noble who has trained and proven himself to be worthy of this title

The school has 800 students with 20 students on the gymnastic team and 10 students on the chess team (including 3 students who are on both teams). How many stud

The water in a reservoir decreased by 47% during a drought. Before the drought, the reservoir held 44,580 acre ft (AF) of water.

find the volume of a sphere with the diameter of 4