Answers
The following statement, "A seller can sell an identical product to different buyers at different prices but the labels must be different." is false.
Product and label are two important aspects of any product. The product is the thing that is being sold, and the label is the text and/or graphics that identify the product and provide information about it. The display of information about your product on its packaging is referred to as product labelling.
A good product and label combination will result in a product that is easy to identify and purchase, and that provides the customer with all the information they need to make an informed decision about the product. It should also include all of the information that your clients require.
To know more about product, click here.
https://brainly.com/question/29423646
#SPJ4
Related Questions
Select all that apply.
Select the items that can result in higher interest earned.
1:higher balance
2:greater number of withdrawals
3:higher interest rate
Answers
Answer:
a higher balance can increase interest rate
What do you think is the most important skill a judge can possess
Answers
Answer:
The decision making skill because it's hard for a judge to make the right decision.
It's important for the interviewer to know about your biggest professional accomplishment.
True
or
False
Answers
Answer: false
They may not want to know what you have done, like got a wife, or won a award in 3rd grade for highest jump off a swing. If it is job related they may, but probably not.
how does scarcity, opportunity cost, and choices relate to each other in economics
Answers
Answer:
Economics is a social science that examines how people choose among the alternatives available to them. Scarcity implies that we must give up one alternative in selecting another. ... The opportunity cost of any choice is the value of the best alternative that had to be forgone in making that choice.
When the price level in the United States rises relative to the price level of other countries, __________will rise, ________ will fall, and ________ will fall.
Answers
When the price level in the United States rises relative to the price level of other countries, imports will rise, exports will fall, and net exports will fall.
Effect of Relative Price Level on Exports and Imports
Imports would increase if the US price level falls relative to other countries' pricing because imported items became cheaper.
Exports in the United States would decrease if the price of goods in the United States increases relative to other countries.
Because import would surpass export, net export which is export minus import would fall.
Learn more about the Effect of Relative Price Level on Exports and Imports here: https://brainly.com/question/14099857.
2. The demographics of your target market are likely to
over the course of
years
Answers
The demographics of your target market are likely to change
over the course of years.
What is demographics?Marketing demographics are variables like as age, geographic region, education level, employment, income, and so on that are used to categorize and segment a market. Marketing demographics make use of readily available information.
The statistical study of human populations is known as demography. Demographers evaluate population number, mobility, and structure using census data, surveys, and statistical models.
Demographic traits are easily discernible. Age, gender, family situation, education level, income, occupation, and race are just a few examples.
Hence, these traits change over time.
Learn more bout demographics:
https://brainly.com/question/13146758
#SPJ1
In 2015, John and Nicole earned a combined taxable income of $148,800 from employment plus $1,000 in long term capital gains and they file a joint tax return. What is their total federal income tax? Round to the nearest dollar.
Answers
Answer:
The answer would be $29,063
Explanation:
Hope this helps :D
QUESTION 3: 3.1 Assume that the South African government have requested you to do a CBA with regard to the two projects. Conduct a research about the two pictures below and answer the questions that follow: PROJECT 1: COSTS AND BENEFIT ANALYSIS PROJECT 2 3.1.1 Identify the TWO projects needed by the South African citizens. 3.1.2 List any TWO private costs that will be incurred in project 2. (2 x 1) (2) (2 x 1) (2) 3.1.3 Why should the government apply the cost benefit analysis for big projects? (8) 3.1.4 Examine the external benefits of Project 1 illustrated above? [20] A Pr
Answers
For the two projects, the South African government has asked for a cost and benefit analysis (CBA), although no precise details or drawings of the projects have been provided.
However, it is clarified that carrying out CBA is important for large scale initiatives as it helps in determining their economic viability and social impact. Decision makers can choose wisely on the basis of net benefit derived from the initiative by weighing the costs and benefits.
The term "external benefit" refers to good outcomes on society as a whole, including social welfare, job growth, environmental sustainability, and infrastructure improvements. But without more details or visuals it's impossible to give specific feedback or evaluate the external benefits of Project 1. It is advised to refer to the actual images and related data to conduct a complete examination.
Learn more about cost and benefit analysis (CBA), here:
https://brainly.com/question/27779955
#SPJ1
Assume a company has variable manufacturing costs of $20 per unit and total fixed manufacturing overhead per period is $150,000. In its first year of the operations, the company produced 12,500 units and reported absorption costing net operating income of $38,000 and variable costing net operating income of $20,000.
Requried:
How many units did the company sell in its first year of operations?
Answers
Answer:
11,000
Explanation:
150,000/12,500=12
38,000-20,000=18,000
18,000/12=1,500
12,500-1,500=11,000
The units sold during the first year of operations are 11,000 units.
Data and Calculations:
Variable manufacturing costs per unit = $20
Total fixed manufacturing overhead for the period = $150,000
Production units in the first year of operations = 12,500
Absorption costing's net operating income = $38,000
Variable costing's net operating income = $20,000
Fixed manufacturing overhead per unit = $12 ($150,000/12,500)
The difference between Absorption costing net operating profit and variable costing net operating income = $18,000 ($38,000 -$20,000)
The units for ending inventory = Difference in profits divided by fixed cost per unit
= 1,500 ($18,000/$12) units
Units sold = Total production units for the year - Ending Inventory
= 11,000 (12,500 -1,500) units
Under Variable Costing, Sales Revenue is determined as follows:
Contribution = $170,000 ($150,000 + $20,000)
Sales Revenue = Variable costs + Fixed Costs
= $390,000 ($170,000 + $220,000)
Variable Costing Income Statement:
Sales revenue as above = $390,000
Cost of goods sold 220,000 ($20 x 11,000)
Contribution $170,000
Fixed costs 150,000
Net operating income = $20,000
Absorption Costing Income Statement:
Sales revenue as above = $390,000
Cost of goods sold 352,000 ($32 x 11,000)
Net operating income = $38,000
Thus, the units that the company sold in the first year of its operations are 11,000 units.
Read more about the difference in absorption and variable costing of net operating income at https://brainly.com/question/24278453
In 2022, Rogers & co. reported Net Income equal to $1,000. The company reported Depreciation Expense of $200. The company repurchased 10 shares of Treasury Stock for $500 (10 shares for $50 each). The stock had a par value of $5. The company also paid a dividend of $80 ($0.80 x 100 shares). What was the company's Cash from Financing Activities in 2022? (make the number negative if it is a net cash outflow)
Answers
The company's Cash from Financing Activities in 2022 a net cash outflow of $580.
The repurchase of treasury stock is a financing activity, while the net income and depreciation expense are not. The payment of dividends is also a financing activity, as it represents a distribution of profits to the shareholders. First, let's calculate the cash outflow from the repurchase of treasury stock. The company bought 10 shares for $50 each, which amounts to $500. Since this is a cash outflow, we will show it as a negative number.
Next, let's calculate the cash outflow from the payment of dividends. The company paid a dividend of $0.80 per share, and it has 100 shares outstanding. Therefore, the total dividend payment was $80. Again, since this is a cash outflow, we will show it as a negative number.
To calculate the Cash from Financing Activities, we need to add the cash outflows and subtract any cash inflows. In this case, there are no cash inflows, so we only need to add the two cash outflows.
Cash from Financing Activities = - $500 (repurchase of treasury stock) - $80 (payment of dividends) = - $580
Therefore, the company's Cash from Financing Activities in 2022 was a net cash outflow of $580.
For more such questions on Cash
https://brainly.com/question/31795147
#SPJ11
The following information is available for Something Strange Corporation (assuming all transactions affected cash): Sale of land $100,000 Sale of equipment 50,000 Issuance of common stock 70,000 Purchase of equipment 30,000 Payment of cash dividends 60,000 Net cash provided by investing activities is a. $130,000. b. $120,000. c. $190,000. d. $150,000.
Answers
Answer:
$130,000
because: $100,000 + $60,000 - $30,000 = $130,000
Explanation:
The Thakor Corporation’s purchases from suppliers in a quarter are equal to 75 percent of the next quarter’s forecasted sales. The payables period is 60 days. Wages, taxes, and other expenses are 20 percent of sales, and interest and dividends are $90 per quarter. No capital expenditures are planned. Projected quarterly sales are: Q1 Q2 Q3 Q4 Sales $ 2,100 $ 2,400 $ 2,100 $ 1,800 Sales for the first quarter of the following year are projected at $2,430. Calculate the company’s cash outlays by completing the following:
Answers
The calculation of Thakor Corporation’s cash outlays is completed as follows:
Q1 Q2 Q3 Q4
Payment of accounts $1,725 $1,650 $1,425 $1,665
Wages, taxes, other expenses $420 $480 $420 $360
Long-term financing expenses
(interest and dividends) $90 $90 $90 $90
Total $2,235 $2,220 $1,935 $2,115
Data and Calculations:
Q1 Q2 Q3 Q4 Q1
Sales $2,100 $2,400 $2,100 $1,800 $2,430
Purchases $1,800 $1,575 $1,350 $1,823
Payment $1,200 $1,650 $1,425 $1,665
Purchases = 75% of next quarter's sales
Purchases for previous year's quarter = $1,575 ($2,100 x 75%)
Accounts Payable from previous year's quarter is estimated to be $525 ($1,575 x 30/90)
Payments for purchases = $Purchase x 60/90 + previous quarter's balance
Wages, taxes, etc $420 $480 $420 $360
Wages, etc. = 20% of sales
Interest & dividend $90 $90 $90 $90
Learn more: https://brainly.com/question/8707644
What is choice ? Choice is problem how
Answers
Answer:
Problem of choice refers to the allocation of various scarce resources which have alternative uses that are utilized for the production of various commodities and services in the economy for the satisfaction of unlimited human wants.
Margin of Safety
The Whitehead Company has sales of $850,000, and the break-even point in sales dollars is $697,000.
Determine the company's margin of safety as a percent of current sales.
fill in the blank 1
%
Answers
Answer::
Margin of Safety ratio
Explanation:
Joseph has a new job where he will make $1000 each week. When he gets his first paycheck, however, he only receives 875. Which tax has Joseph most likely paid?
Answers
Answer:
12.5% is the correct answer
Explanation:
1000 - 12.5% = 875
Answer:
125
Explanation:
Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2
Answers
The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1
To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.
Here's how to calculate the marginal product for each worker:
Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.
Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.
Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.
Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.
Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.
Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.
For such more question on marginal:
https://brainly.com/question/14867207
#SPJ8
a Identify one factor that could result in a higher break-even point
b Calculate the forecast average monthly profit figures for the two menu
options.
Answers
1. One factor that could result in a higher break-even point is a reduced contribution margin per unit (or ratio).
2. The forecast average monthly profit figures for the two menu options are as follows:
Current Proposed
Revenue $48,000 $33,600
Variable costs 12,000 9,600
Contribution margin $36,000 $24,000
Fixed costs 28,000 24,000
Net income $8,000 $0
What is the break-even point?The break-even point is the sales level that equates the total revenue to the total costs (fixed and variable).
When the break-even point is reached, there are no profits or losses.
To generate some profits, the sales level must exceed the break-even point.
Current Menu Option:Revenue per week (600 at $20) = $12,000
Total monthly revenue = $48,000 ($12,000 x 4 weeks)
Average variable cost per meal at $5 = $3,000
Total monthly variable cost = $12,000 ($3,000 x 4 weeks)
Overhead cost per week = $7,000
Total monthly overhead cost = $28,000 ($7,000 x 4 weeks)
Proposed Menu Option:Revenue per week (600 at $14) = $8,400
Total monthly revenue = $33,600 ($8,400 x 4 weeks)
Average variable cost per meal at $4 = $2,400
Total monthly variable cost = $9,600 ($2,400 x 4 weeks)
Overhead cost per week = $6,000
Total monthly overhead cost = $24,000 ($6,000 x 4 weeks)
Learn more about the break-even point at https://brainly.com/question/24233845
#SPJ1
Yum Foods recently merged with Clean Plates. Which of the following activities should HR perform after the integration process?
A) It should assess the risks involved with the merger.
B) It should retain key talent.
C) It should identify and establish a new culture.
D) It should conduct due diligence.
Answers
The HR should identify and establish a new culture after the integration process.
Merging of business establishments or companies mean the coming together or acquiring of one company by another. In short, it is when two or multiple companies join to form a single business.
In the given scenario, Yum Foods and Clean Plates are two business enterprises that have their separate ideas and policies. But when they merge, that means such individualistic ideas and concepts can no longer be retained or followed. To accommodate the two businesses, the HR team must find new ideas and policies that can work for the newly merged business.When two or more companies join to form a single company, it is always necessary to make new changes in the concepts and work culture. This is also what HR should do in the merger of Yum Foods and Clean Plates. Thus, the correct answer is option C.
Learn more about merger here:
brainly.com/question/4192836
Technoblade is better than Dream. You better say techno for 100 Coins
Answers
Answer:
Techno won and dream lost so which means dream lost his dreams on being the best and techno won his dreams on being the best!
Explanation:
Answer:
TECHNOBLADE IS BETTER THAN DREAM! (no offense I like dream too I've just been watching technoblade for a longer time!)
Explanation:
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
For more such questions on opportunity costs
https://brainly.com/question/30191275
#SPJ8
Which of the following is one result of stringent 21st century accounting
regulations?
Answers
A result of the stringent 21 st century accounting regulations enacted was B. they make accounting more complex.
Why did accounting regulations become more stringent ?Over time, accounting standards have become more stringent, and agencies and professional associations make sure that these regulatory rules serve the public's and businesses' best interests. These agencies assist businesses in comprehending the domestic and international legal requirements they must meet.
An organization is in regulatory compliance when it strictly complies with all applicable local, national, and international laws. Businesses may be subject to financial, fiscal, environmental, or business and tax code laws depending on their size and industry. However, why do financial services rank first among the industries most adversely affected by these regulatory laws?
As a result, accounting regulations have made accounting much more complex in order to ensure that companies abide by accounting best practices.
Find out more on accounting regulations at https://brainly.com/question/28334617
#SPJ1
Options for this question are:
they make accounting simplerthey make accounting more complexthey unify international tax codesthey address the needs of small businessesWhat might be required of a job candidate today that would not have been necessary 20 years ago?
A. a firm handshake
B. a self-guided video interview
C. a solid resume
D. relevant experience
Answers
20 years ago there was less technology available and candidates were not required to interview through a video, B. A self-guided video interview is required to get a job.
What is Interview?Interview is the screening process of a candidate to find out if he or she is suitable for the job or not. The candidate with the best skills, education and experience is selected and seated to the job.
Employee screening process includes tests and interview however due to technological advancements the interview is now turned virtual, most of the employers now required a self guided video interview.
Learn more about Interview at https://brainly.com/question/27094569
#SPJ1
If a basket selling price is $13per unit with the variable expense is $10 per unit and the company's monthly fixed expense if $7,800, what is the break even point in sales
Answers
Answer:
26,000 units
Explanation:
The break-even point is calculated by dividing fixed costs by the contribution margin per unit.
Fixed costs are $78,000
Contribution margin per unit = selling costs - variable costs
=$13-$10
Contribution margin per unit=$3
Break-even point = $7800/$3
=26,000 units
Pr 6-3a weighted average cost method with perpetual inventory
Answers
Answer:
3.0
Explanation:
Kate is the owner of a small boutique business downtown. After looking over her business expenses and profits, she realizes that she needs to make cuts to her fixed expenses. What could she do with her fixed expenses?
Answers
In order to reduce her fixed costs, Kate would find a less expensive web designer for the store's website.
What is fixed cost?Fixed cost is a type of cost that remains constant regardless of the level of output. It does not vary with the level of output.
An example of fixed cost is the fees of a web designer. The fee would not change with the sales of the small boutique.
Here are the options to this question:
Kate would find a less expensive web designer for the store's website Kate would get bids for new business insurance providers.
Kate would look for cheaper merchandise for the store for higher profits.
To learn more about fixed cost, please check: https://brainly.com/question/1494274
How do these three rules apply to your life? Explain them in your words and try to think about how they relate to your financial situation. (Hint: Think about how you earn money and how you spend money, also imagine that you have been offered a credit card with a starting line of credit at $1000)
Rule 1 - Don't have debt rise faster than income, because the debt burden will eventually crush you
Rule 2 - Don't have income rise faster than productivity, because you will eventually become uncompetitive
Rule 3 - Do all that you can to raise your productivity, because in the long run that's what matters most
Answers
The three rules below will help individuals achieve financial stability and security, which is critical for living a happy and stress-free life. They can learn new skills, enroll in courses, read books, and so on to increase their productivity levels.
Rule 1: Don't have debt rise faster than income, because the debt burden will eventually crush you.To avoid falling into a debt trap, one should prioritize their spending. It's always a good idea to live within one's means and avoid spending more than they earn.Rule 2: Don't have income rise faster than productivity, because you will eventually become uncompetitive.It's a good idea to focus on increasing productivity to achieve long-term financial stability. One must avoid situations where they are not productive but are earning more money, as this can make them uncompetitive in the long run.Rule 3: Do all that you can to raise your productivity, because in the long run that's what matters most.Productivity is the most critical factor in achieving financial stability. Increasing productivity can lead to higher earnings, which can help you reach your financial goals faster.Individuals must always make efforts to improve their productivity. It's always a good idea to live within one's means, avoid unnecessary debt, increase productivity, and invest in oneself. In conclusion, the above three rules can be beneficial to anyone looking to achieve financial stability.
For more such questions on financial stability
https://brainly.com/question/11694378
#SPJ8
-What factors determine an individual’s ethics. For you, which factor has been the most significant?
Answers
Answer:
Individual's Cultural/Familys Ethics. Individuals Religion. Individuals Experiences. And Societal pressures. The Factor that has contributed most to my morals is Religous Background and Societal Pressure.
Explanation:
An individuals own ethics is largely founded upon what they are taught to value. This foundation begins at a young age, but is subject to change over time and experience. The first foundation of ethics is what your family values or what you are are taught to value. The second factor is Religion or world view. Everyone has a god or God all religions though will have a moral law. Societal pressure or what society thinks is ethically Just will pressure ones own ethics.
QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Answers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
Read more about marketers
brainly.com/question/25369230
#SPJ1
define and describe poor service delivery
Answers
Answer:
Poor service delivery means not availing the required services for the amount paid.
Explanation:
the finding Showed that the major causes of poor Service Delivery are Counselor interference are councilor interference and political manipulation, Corruption and lack of accountability and transparency, inadequate citizen participation , poor human resource policy, failure to manage change, lack of employee capacity, poor planning and poor.
Consider a monopolist that produces for two periods. The demand curves in both periods are qe = 1-pt for t = 1,2. The marginal costs are c in the first and and c-lg" in the second period. Here, I is a small and positive number. There is a discount factor of 8 between the periods.
1. Explain briefly how the monopolist's problem changes compared to a situation where the marginal cost is c in both periods.
2. Find the quantities q' and g? that the monopolist chooses in the two periods. Hint: Start by solving the monopolist's problem in the second period and then continue to the first period.
3. Derive the restriction on that ensures that the profit function is strictly concave
Answers
Answer:
In a situation where the marginal cost is c in both periods, the monopolist's problem does not change between the two periods. This means that the monopolist will face the same demand curve and marginal cost in both periods, and will therefore make the same quantity and price decisions in both periods. In contrast, when the marginal cost changes between the two periods, the monopolist's problem will change. In this case, the monopolist will have to consider how their quantity and price decisions in one period will affect their profit in the next period, due to the discount factor and the changing marginal cost.
To find the quantities q' and g? that the monopolist chooses in the two periods, we first need to solve the monopolist's problem in the second period. In the second period, the monopolist's profit can be expressed as:
π = (1 - p2)(c - lg") - c
The monopolist will choose the quantity q2 and price p2 that maximize this profit. Taking the first-order conditions, we get:
1 - p2 - c + lg" = 0
p2 = 1 - c + lg"
Substituting this value of p2 into the demand curve, we get:
q2 = 1 - (1 - c + lg") * 2
q2 = 2c - lg"
Next, we need to solve the monopolist's problem in the first period. In the first period, the monopolist's profit can be expressed as:
π = (1 - p1) * (c - 8 * (c - lg")) - c
The monopolist will choose the quantity q1 and price p1 that maximize this profit. Taking the first-order conditions, we get:
1 - p1 - c + 8 * (c - lg") = 0
p1 = 1 - c + 8 * (c - lg")
Substituting this value of p1 into the demand curve, we get:
q1 = 1 - (1 - c + 8 * (c - lg")) * 1
q1 = 9c - 8 * lg"
Therefore, the quantities that the monopolist chooses in the two periods are q1 = 9c - 8 * lg" and q2 = 2c - lg".
To derive the restriction on that ensures that the profit function is strictly concave
Producing at the level where marginal revenue and marginal cost are equal, or when MR = MC, is the decision that will maximize profits for the monopoly. The firm can increase profits by increasing output if the monopoly produces fewer goods because MR > MC at those output levels.
What is the monopolist's change in marginal revenue?With each additional unit sold in a monopoly, marginal revenue decreases and eventually reaches or falls below average revenue because the price fluctuates as the quantity sold fluctuates.
The marginal cost curves that monopolies encounter are comparable to those that perfectly competitive businesses experience. Since most businesses can take advantage of efficiency opportunities as they start to grow, they will typically have low marginal costs at low levels of production. As output rises, marginal costs rise as well.
Learn more about the monopolist here:
https://brainly.com/question/29763908
#SPJ2