The weekly demand would be 76.5. Demand is an economic concept that refers to a consumer's desire to buy goods and services as well as their willingness to pay a certain price for items.
When the price of a good or service rises, the quantity demanded falls. To meet demand, multiple stocking strategies are frequently required. Similarly, lowering the price of items or services raises the quantity demanded.
Demand is a concept that both consumers and businesses are familiar with because it makes sense and occurs naturally throughout almost any day. When prices rise, such as when the seasons change, shoppers buy fewer items, or none at all.
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As lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she is engaging in the _______ stage of the communication process.
As Lynn is working on documenting the text that will be incorporated into a new publication ad for her company’s line of handbags, she is engaging in the encoding stage of the communication process.
What is encoding stage?Encoding is the first step of the memory process. Encoding occurs when information is summarized into a form that can be processed mentally. Information from the background is constantly reaching your senses in the forms of stimuli. Encoding allows you to modify the stimuli so that you may put it into your recollection.What are the 3 types of encoding?
There are three main regions of encoding memory that make the journey possible: visual encoding, acoustic encoding and semantic encoding.
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What is the term of shipping directly from the supplier to the end consumer rather than from the seller, saving both time and reshipping costs?.
Drop shipping is the word of shipping straight from the supplier to the end consumer rather than from the seller.
Drop-shippingDrop-shipping is where a vendor sets up a website and sells products that the merchant does not keep in stock. When an order is placed, the dealer sends it to a third party — the manufacturer, other retailer, or a wholesaler — who ships the goods directly to the buyer.
By eradicating the requirement to maintain physical inventory, dropshipping lessen the management overhead traders that face. They do not require to spend time tracking inventory, operating the infrastructure that houses it, or managing shipping, which is outsourced to suppliers.
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If an organization allows byod, how can employees make sure that their device is secured?.
Virtual Private Network (VPN) and antivirus solutions in order to reduce the chances of exposing corporate data.
What is VPN?Users can send and receive data across shared or public networks as if their computing equipment were directly linked to the private network thanks to a virtual private network, which enables a private network to be extended across a public network.
What is Antivirus software?Computer programs used to prevent, identify, and eliminate malware are referred to as antivirus software or anti-malware. In order to find and eliminate computer infections, antivirus software was first created.
To decrease the risk of corporate data being compromised, a smart BYOD policy should mandate that employees always keep their personal devices password-protected (and use multi-factor authentication). Employees should also think about utilizing a Virtual Private Network (VPN) and antivirus software.
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You are a project manager going through the conduct procurements process. the solicited prospective sellers’ proposals have a significant price difference. what should you do?
An assignment supervisor for the vendor is informed by using her control that the mission must do whatever possible to be provided incentive cash.
The first step in successful venture procurement management is making a plan. This consists of making plans for the subsequent: What are all the materials and services you may require for the mission? This consists of all specs of the materials and offerings, together with minimal quality necessities.
There are 4 key approaches worried in product procurement control:
making plans for procurement.accomplishing procurement. Controlling procurement. ultimate procurement.Contracting is a critical step for any company for max price advent and stimulating client-dealer collaboration. This step of the procurement system involves assessing crucial factors like pricing shape, the scope of labor, phrases, and situations, timelines of shipping, and so forth.
Conduct Procurements is the process of obtaining seller responses, deciding on a vendor, and awarding a contract. the key advantage of this procedure is that it affords alignment of internal and external stakeholder expectancies thru installed agreements.
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An accountant who managed a company's finances stole money from the company to benefit herself. what type of crime is this an example of?
Yes, embezzlement is illegal since it involves a systematic, protracted theft of funds from the employer. It constitutes willful misbehavior.
The act of withholding assets from one or more people to whom the assets were committed in order to convert those funds, either to be held or to be utilized for certain objectives, is known as embezzlement. One sort of financial fraud is embezzlement.
The term "embezzlement" describes the covert removal of monies by a person in charge of managing and using those assets for corporate operations. An embezzler purposely mishandles business finances and assets for personal benefit by abusing the employers' trust.
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What is the overall process for developing information systems from planning and analysis through implementation and maintenance?
The SDLC is the overall process for developing information systems from planning and analysis through implementation and maintenance.
Therefore, maintenance modifies an existing system, enhancement adds functionality to an existing system, and development replaces an existing system. This is an important part of system development and includes activities to correct system design and implementation errors, update documentation, and test data.
Systems development is the process of defining, designing, testing, and implementing new software applications or programs. This may involve developing custom systems in-house, creating database systems, or acquiring software developed by third parties.
Information system development consists of six key phases: system survey, needs analysis, design, implementation, testing, modification, and maintenance.
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Why do some critics view the united nations as an ineffectual intergovernmental organization?
The international system's power centres are not adequately represented by the Security Council. The phrase international system might mean: international relations and politics It is the world's collection of nations. The phrase is frequently used to describe twentieth-century international systems, although it can also be used to describe pre-industrial international state systems.
In the international number system, commas serve as separators and are positioned in accordance with their periods to allow for precise reading of the number. For instance, the number 456456 can be written as 456,456 or spoken as 4556,000, 4556,000.These are the four most popular forms of number systems: Decimal Number System. Binomial Number System.
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In alan blinder's major study of business practices, what proportion of companies reported economies of scale (falling unit costs)?
41% of companies reported economies of scale (falling unit costs).
Economies is an international, scholarly, peer-reviewed, open-get entry to the journal of improvement economics and macroeconomics, posted monthly online by means of MDPI. Open get right of entry to lose for readers, with article processing costs (APC) paid by authors or their establishments.
An economic system is an area of manufacturing, distribution, and trade, in addition to the intake of products and offerings. In popular, it's miles described as a social area that emphasize the practices, discourses, and cloth expressions associated with the manufacturing, use, and control of scarce assets.
Economies of scale discuss the decreasing of per unit costs as a company grows larger. Examples of economies of scale include improved shopping energy, network economies, technical, monetary, and infrastructural. whilst a company grows too massive, it could be afflicted by the other – diseconomies of scale.
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The balance of opinion suggests that the contributors to leadership effectiveness are:________
The balance of opinion suggests that the contributors to leadership effectiveness are a combination of nature and nurture.
Effective leadership: what is it?
Effective leaders can use their leadership abilities to inspire all of their coworkers to follow their example, resulting in increased morale and better results for their organization, rather than having to hold management positions. These abilities can make you a better worker, teammate, and member of your company.
Whatever your position in the organization, having the right leadership qualities can advance you into a better position. Effective leadership abilities can change your entire organization because a manager and a leader are not always the same thing.
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By about 2050, the ___________ populations in _____________ are expected to boom
By about 2050, the elderly populations in low income countries are expected to boom.
Increases in life expectancy are seen across all regions of the globe. It is now common for people to live into their sixties and beyond. The global population as a whole is growing older, and the fraction of the population that is elderly is increasing in every country.
By the year 2030, one in every six persons on Earth will be 60 or older. The proportion of people aged 60 and up will grow from 1 billion in 2020 to 1.4 billion in 2050. A doubling of the world's population aged 60 and up by 2050 is projected (2.1 billion). By 2050, the global population of people aged 80 and more is projected to increase to 426 million, having tripled between 2020 and then.
Although the phenomenon of population ageing was first observed in high-income nations (for instance, in Japan 30% of the population is already over 60 years old), it is now mostly affecting low- and middle-income countries. Nearly two-thirds of the world's elderly will reside in low- and middle-income nations by 2050.
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Juan rios rented a car for a 3-day weekend. the car cost $35 per day plus $0. 15 per mile. juan drove the car 425 miles and spent $53. 75 on gas. what was the cost per mile to the nearest cent?
17000 was the cost per mile to the nearest cent.
What does a mile typically cost?Fuel costs 10.72 cents on average per mile, although actual costs might vary greatly depending on the fuel efficiency of the car. Owners of electric vehicles pay an average of 3.66 cents per mile compared to pickup truck owners who pay 15.81 cents per mile. Costs for upkeep and repairs come to 9.55 cents per mile.How much will a mile of driving in 2022 cost?The optional standard mileage rate for the final six months of 2022 was raised from 58.5 cents per mile to 62.5 cents per mile on June 9, 2022, according to Internal Revenue Service Announcement 2022-13. Travel will be charged at the new rate starting on July 1, 2022, through December 31, 2022.learn more about cost per mile here
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As a general rule, what percentage of your time should be set aside for each step of the three-step writing process?
As a general rule, the percentage of your time that should be set aside for each step of the three-step writing process is 50 percent for planning , 25 percent for writing , and 25 percent for completing the three - step writing process. Writing is a process that can be divided into three stages: Pre-writing, drafting and the final revising stage which includes editing and proofreading.
What constitutes each level of writing process?The first stage, one researches one's topic and makes preparatory work before one enters the drafting stage followed by the actual writing. The major groups are Prewriting, Writing, and Revising. The three key tasks or steps under each group are as broken down into those identified three-step writing processes.
Therefore, the correct answer as given above
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What two activities are included in the approach stage of the personal selling process?
Gathering info about potential customers and Deciding on the best method for an initial meeting are included in the approach stage of the personal selling process.
Prospecting, pre-approach, approach, presentation, handling objections, closing the sale, and follow-up are the seven steps in the personal selling process. It is a method of face-to-face selling where a salesman uses their interpersonal abilities to convince a consumer to purchase a specific product.
When a salesperson meets with a potential customer to close a deal, this is known as personal selling. A sequential sales process with typically nine steps is used by many salespeople. For all or a portion of the sales process, some sales professionals write scripts.
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A key idea in process costing that refers to the number of units that could have been started and completed given the costs incurred during the period is known as?
The number of units that could have been started and completed given the costs incurred during the period is known as Equivalent units of production.
Equivalent units are calculated on the basis of percentage cost incurred on completing the products. A Debit to Raw Materials Inventory technique costing is a way of costing used specially in production wherein devices are constantly through one or extra techniques. Examples of this include the manufacture of erasers, chemicals or processed food.
The three categories of expenses incurred in producing an item are direct fabric, direct exertions, and manufacturing overhead. manner costing is the device of collecting expenses within every branch for large-volume,units.
Procedure costing is a costing method or an operational form of costing in which a producer tracks the fee of manufacturing of a sequence of non-stop or repetitive tactics required to provide a product.
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Assume that there are no fixed costs and ac = mc = $200. at the profit-maximizing output and price for a monopolist, producer surplus is:
Assume that there are no fixed costs and ac = mc = $200. at the profit-maximizing output and price for a monopolist, the producer surplus is $3200.
The government provides public services such as railroads. They are therefore the monopoly as no new partners or private companies are allowed to operate the railways. A monopoly is an individual, group, or company that controls a market for goods or services.
A monopolist is a person, group, or company that controls and controls the market for a particular good or service. This lack of competition and lack of alternative goods or services means that monopolists have enough power to charge high prices in the market.
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________ are usually purchased more frequently than other categories of consumer goods. this type of products is also widely available and consumers usually do not engage in much brand comparison.
Convenience goods are usually purchased more frequently than other categories of consumer goods. This type of product is also widely available and consumers usually do not engage in much brand comparison.
The objects that are offered frequently, without delay, and with minimal buying efforts are convenience items. These include sweet, ice cream, bloodless drinks, cigarettes, magazines, drug treatments, and so forth. The shops that keep the convenience goods are referred to as comfort stores. Frequently convenience goods are nondurable.
Comfort items are often purchased via habit or impulse and are fantastically less expensive. Pricing is important for comfort goods to ensure that call for them among consumers does now not wane with the ebbs and flows of mainstream markets.
Convenience goods are the ones that can be regularly consumed and are quite simply available for buy. Those goods are normally offered by means of wholesalers and retailers and consist of objects consisting of milk and tobacco merchandise.
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Jack is a board member of firm a but is not an employee of firm a; jack is a senior executive from firm b. jack can best be described as a(n)?
Jack can best be described as an outside director. Jack is a board member of firm a but is not an employee of firm.
What is an external director?Corresponds to a professional who performs the role of a member of the board of directors, but who is not an employee or shareholder of the organization. Hiring external directors is a legal requirement for public organizations.
It is a legal rule that public companies have an external director, in order to reduce unilateral decision-making and fraud, since, as they are not an employee of the organization, the external director is more likely to make impartial decisions.
Therefore, in addition to impartiality, the external director can assist the organization with a different vision and experience, in order to contribute to the organizational positioning and strategy.
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If the market price for fast food wages is $7 per hour, at which wage level would a price floor be binding? $7 $6 $15 $1
If the market price for fast food wages is $7 per hour, at $15 would a price floor be binding. The market price is the price at which a good or service can currently be purchased or sold. The forces of supply and demand decide how much an asset or service will cost on the market.
The market price is the cost at which supply and demand are equal. To determine consumer and economic surplus, one uses the market price. The term "consumer surplus" describes the discrepancy between the maximum price a consumer is prepared to pay and the actual amount they pay, often known as the "market price," for an item.
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What is the direct labor efficiency/quantity variance for november? group of answer choices $1,800 $1,900 $2,000 $2,090 $2,200
The direct labor efficiency/quantity variance for November of $1,800.
The labor efficiency variance focuses on the number of labor hours used in production. It is defined as the difference between the actual number of direct labor hours worked and budgeted direct labor hours that should have been worked based on the standards.
Labor efficiency variance equals the number of direct labor hours you budget for a period minus the actual hours your employees worked, times the standard hourly labor rate.
For example, assume your small business budgets 410 labor hours for a month and that your employees work 400 actual labor hours.
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An advantage of the use of computers to maintain and compile accounting information is ______. multiple choice question. speed automatic decision making no training required ease of programming
An advantage of the use of computers to maintain and compile accounting information is speed.
The answer is option A.
Society has come to rely heavily on computers. Computers affect nearly every aspect of our lives. Although there are disadvantages to using a computer, we believe the advantages greatly outweigh them. Parents, if you're on the fence about the decision on whether or not to buy your child a computer, perhaps these advantages can help convince you.
Computers increase your productivity and, with a good understanding of the software running on them, you become more productive at everything you do. For example, once you have a basic understanding of using a word processor, you can create, store, edit, share, and print documents and letters. Each of these tasks was either impossible or slower with all pre-existing technologies.
Connecting a computer to the Internet unlocks its full potential. Once connected, your choices and available options, as far as information goes, are almost limitless. Many of the benefits listed on this page pertain to a computer connected to the Internet.
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What is the likely reason for the persistence of so many myths about the use of public welfare programs like tanf and snap?
The welfare programs seem to provide benefits to individuals who have not earned them, whereas others who are working struggle financially and do not receive benefits.
Social welfare programs inside the u.s. are packages designed to make certain that the simple wishes of the yank population are met. Federal and nation social applications encompass cash help, health insurance, food help, housing subsidies, strength and utility subsidies, and schooling and childcare assistance.
There are seven foremost welfare programs in US, they consist of Medicaid, Supplemental Security earnings (SSI), Supplemental vitamins help software (SNAP), toddler's health insurance program (CHIP), transient help to Needy households (TANF), housing assistance, and the Earned Income Tax credit (EITC).
Some of the major federal, country, and nearby social welfare applications are: Supplemental protection profits (SSI) Supplemental nutrients help application (SNAP) unique Supplemental nutrition program for women, infants, and kids (WIC).
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What are the two key factors to consider when choosing the best method for producing a product?
The two factors to consider while choosing the best method for producing a product is the production cost of a particular method of a particular product and the efficiency and effectiveness used in terms of reliability and speed.
Best method for producing a product can considered to know the neccessity of the product in the market, shipment and lightweight friendly items, items of single function that does not need any further process of a product, product that produce less problems, availability of investments.
Hence, the producer must be aware while producing goods.
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Kelsie is a manager at george's goodies. on a regular basis, kelsie and her subordinates set individual and organizational goals. this process is similar to which component of the control model?
In case whereby Kelsie is a manager at george's goodies, on a regular basis, kelsie and her subordinates set individual and organizational goals, the process is similar to An information system component of the control model.
What is control system in information system?
Information Systems controls can be regarded as the set of procedures as well as the technological measures that is been used in ensuring secure and efficient operation of information within an organization.
It should be noted that general and application controls are used for safeguarding information systems.
In this case, An information system component of the control model is used.
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Organizational goals. is similar to the control in the procedure whereby managers screen and regulate efficaciously a company and its members are appearing the activities.
Control charts are the most extensively used tool in this section. They show manner manipulate and stability, and also can carry out evaluation. manipulate charts help select out reasons for version inside the new manner, and help grow to be privy to responsive actions that need to be performed earlier than there are too many defects.
Statistics systems controls may be seemed because the set of techniques as well as the technological measures that is been utilized in ensuring relaxed and efficient operation of information inside an agency. It ought to be cited that popular and alertness controls are used for safeguarding statistics systems.
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Commonly used in accounting analysis, a ____ shows a relationship between two elements of a firm's financial statements
Commonly used in accounting analysis, a Financial Ratio shows a relationship between two elements of a firm's financial statements
A financial ratio is a measure of the relationship between two or more components of a company's financial statements. These metrics provide a quick and easy way to track performance, benchmark against industry peers, identify problems, and proactively implement solutions.
They are primarily used by outside analysts to determine various aspects of the company, such as B. Profitability, liquidity, and solvency.
a financial ratio is divided into five types: liquidity metrics, leveraged financial metrics, efficiency metrics, profitability metrics, and market valuation metrics.
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________ means that you accept the potential costs and obligations for the decisions you make.
Responsibility means that you accept the potential costs and obligations for the decisions you make. The term "responsibility" describes the duty to carry out specific tasks in order to get specific results. Only humans can be given responsibility by an organization; non-living things like machines, equipment, etc. cannot be given accountability.
It results from a relationship of authority and subordination. A senior has the responsibility to order his subordinates to complete the necessary work. He therefore gives obligations to subordinates for this reason. The management may limit it to the execution of a particular task or may make it a continuing duty.
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If the exchange rate rises, then the quantity of dollars demanded ________ because with the higher u. S. Exchange rate, u. S. Exports ________.
If the exchange rate rises, then the quantity of dollars demanded decrease. because with the higher U.S. Exchange rate, U.S. Exports decrease.
What is the Exchange rate?The rate at which one currency will be exchanged for another is known as the exchange rate in the world of finance.Most often, currencies are national ones, but they can also be supra-national ones like the euro or sub-national ones like Hong Kong.The value of one country's currency in respect to another currency is also thought of as the exchange rate.An interbank exchange rate of 114 Japanese yen to the US dollar, for instance, indicates that 114 will be converted into $1 or that $1 will be converted into 114. In this instance, it is said that the cost of a dollar in terms of the yen is 114, or, translated into dollars, that the cost of a yen in terms of the yen is $1/114.What is an export?When it comes to international trade, export is a good made in one nation and sold in another, or a service rendered in one nation to a national or resident of another nation.The person who provides these goods or services is an exporter; the overseas customer is an importer.Financial, accounting, and other professional services, tourism, education, and intellectual property rights are all examples of services that are involved in international trade.Learn more about the Exchange rate here:
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Has the ceo carried out his or her responsibility for educating the board? Why or why not?
The CEO has not carried out his or her responsibility for educating the board as evident by the lack of information held by the board members during the discussion and their need and search for more information with respect to the quality performance measures of the Regional Medical Centre and their inquiry for the cost-benefit analysis.
The board members during the meeting are unaware of most of the indicators of the quality performance measures and the patient satisfaction measures and seem to be inquiring from each other about the values. They are also not aware of the trend or changes in these values in Q2 as compared to Q1.
The CEO has the responsibility of overall seeing the functioning of the healthcare organization and reporting, making key administrative decisions, leading organizational changes, and educating the board of directors about the parameters and reports with regard to the functioning of the healthcare organization.
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The relationship between the percentage change in the spot exchange rate over time and the differential between comparable interest rates in different national capital markets is known as?
The relationship between the percentage change in the spot exchange rate over time and the differential between comparable interest rates in different national capital markets is known as the international Fisher Effect.
The Fisher effect is an important relationship in macroeconomics. It shows the causal relationship between nominal interest rates and inflation. Higher nominal interest rates lead to lower inflation.
IFE Limits IFE theory is based on the Fisher effect and PPP Fisher effect limits: the difference between nominal interest rates and real inflation rates does not match.
In the short term, the IFE is generally unreliable due to the many short-term factors that affect forecasts of exchange rates, nominal interest rates, and inflation. The long-term international Fisher effect has been shown to be slightly better, but not by much.
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If demand for a good is extremely elastic, raising the price of that good typically has what effect on total revenue?.
If demand for a good is extremely elastic, raising the price of that good typically has what effect on total revenue--- decreases
If demand is elastic at a given price level, then should a company cut its price, the percentage drop in price will result in an even larger percentage increase in the quantity sold—thus raising total revenue. However, if demand is inelastic at the original quantity level, then should the company raise its prices, the percentage increase in price will result in a smaller percentage decrease in the quantity sold—and total revenue will rise.
Demand elasticity :
Demand elasticity is the change in quantity demanded per change in a demand determinant. Although there are several demand determinants, such as consumer preferences, the main determinant with which demand elasticity is measured is the change in price. Businesses are particularly interested in price elasticity, since it measures by how much total revenue changes with the price.
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Sean is a monopolist who operates a business rigging tablets to run twice as fast as the original specifications. If sean charges $40, he would have 10 customers, but if he lowers the price to $37, he would have 11 customers. What is the marginal revenue of the 11th customer?.
The answer is $7 because Marginal revenue is the change in total revenue from 10 customers ($400) to 11 customers ($407) How a monopolist maximizes profits.
How does a monopolist determine its profit-maximizing level of output How does it determine the price that it charges?
The monopolist will select the profit-maximizing level of output where
MR = MC
and then charge the price for that quantity of output as determined by the market demand curve. If that price is above average cost, the monopolist earns positive profits.
How a monopolist maximizes profits
Because Chuck, a sole commercial airplane operator in small isolated town, has no competition, he has complete control of market price of air travel in his small tone
Reduced price → increase in ticket sales
Monopoly maximizes profit by choosing an amount of profit in which marginal revenue equals marginal cost (MR= MC) Since Chuck must reduce his price to sell more units, he has an incentive to sell a smaller quantity than a perfective competitive company
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