4.Mergers and acquisitions are reviewed by the Federal Trade Commission becauseO A. they could reduce the profitability of the remaining firms in the marketO B. they could increase economies of scaleO C. the could reduce cost of production per unitO D. they could increase concentration and undermine competition

Mergers and acquisitions have the potential to create increased concentration in a particular…

Answered: Mergers and acquisitions are reviewed…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Can you help me to draw a graph too. When Big Top maximizes profit, what is the consumer surplus and producer surplus and is the circus efficient? Explain why or why not. Price Quantity Total Cost Total Revenue Marginal Revenue Marginal Costs 20 0 1,000 0 0 0 18 100 1,600 1,800 18 6 16 200 2,200 3,200 14 6 14 300 2,800 4,200 10 6 12 400 3,400 4,800 6 6 10 500 4,000 5,000 2 6 8 600 4,600 4,800 -2 6 6 700 5,200 4,200 -6 6 4 800 5,800 3,200 -10 6
Below screenshots are one question. It was rejected because it was not a clear so I took 2 creenshots
Monopolistic competition has which advantage compared to a monopoly? O A. It increases the selling price of a business's products. O B. It gives companies access to more start-up capital. O C. It allows more companies to compete in an industry. O D. It takes greater advantage of economies of scale.
Please type in your answers for this question separately. Label them a.-o. For each of the following phrases/statements, say whether it applies to industries organized by perfect competition (PC), monopoly (M), both perfect competition and monopoly (B), or neither (N). Your answers should all be PC, M, B, or N. a. Price taker b. A handful of firms, each with some market power C Choose to produce where MR - MC d. Choose to produce where ATC is minimized e. Have cost curves such that MC goes through the minimum of ATC Barriers to entry prevent other firms from jumping into the market Has a constant MR 1/P h. Produces a unique good with no close substitutes Maximizes profit Subject to the law of diminishing marginal product k. Essentially faces a perfectly elastic demand curve Other firms exit the market when profits are positive in the short-run m. Long-run sustainable, positive profits n. Produces such that P - MC o. Produces such that P'> MC
P1
17 of 16 BNW is one of many producers of luxury wheelchairs, which are differentiated to appeal to different market niches. BNW's Price per chair relevant demand and cost curves are depicted in the graph. $2,000 Average total Use this graph to answer the questions. Assume that there are 1,800 Marginal cost no significant barriers to entry. cost 1,600 Determine BNW's profit-maximizing price and quantity. 1,400 1,200 1,000 price per chair: $ 800 600 400 quantity of chairs: chairs 200 Demand Marginal revenue 100 200 300 400 500 600 700 800 900 Calculate BNW's profit. Chairs per week BNW's profit: $
e S NE ar 00 se kin. Blue Rose Inc. is the only flower grower to have cracked the secret of making a blue rose. The graph shows the demand for blue roses and the marginal cost of producing a blue rose. Draw the marginal revenue curve. Label it. Draw a point at the profit-maximizing price and quantity. Blue Rose is output, marginal 00000 because at its profit-maximizing marginal cost. A. inefficient; revenue is greater than B. efficient; revenue is equal to C. inefficient; benefit is greater than D. efficient; benefit is equal to E. inefficient; benefit is less than 70- 60- 50- 40- 30 20 Price and cost (dollars per bunch) 10- MC D Quantity (bunches per hour). >>> Draw only the objects specified in the question.
Anti - combines, or anti-trust, laws try to A. regulate monopolies. OB. establish Crown corporations. C. prevent monopoly behaviour. D. establish fair trade practices. O E. support prices.
The government may regulate natural monopolies because O A. the government needs to ensure reasonable prices O B. Monopolies are illegal O C. natural monopolies experience economies of scale O D. market share for one firm must be limited to 40% Answers (in progress)
answer is C. explain why and draw graph
A Monopoly: Select one: O a. faces a downward sloping demand curve O b. None of the provided answers is correct O c. is a price taker O d. maximizes profit by setting Price equal to marginal cost
4 When I'MaGoldMiner chooses what quantity of gold each of its mines will produce over the next 12 months, this quantity, along with the prices prevailing in the market for output and inputs, will do which of the following? A Determine the company's total revenue, total costs, and profits Have no effect on the market forces of demand and supply CO No longer be dictated by the forces of demand and supply DO Determine the company's annual revenue, variable costs, and profits

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