A nondiscriminating pure monopoly must decrease the price on all units of a product to sell more units. This explains why:. a. there are barriers to entry in pure monopoly
b. a pure monopoly has a perfectly elastic demand curve
c. a pure monopoly’s marginal revenue curve is below its demand curve
d. total revenues are greater than total costs at the profit maximizing level of output

What is the purpose of the us international trade association?

Abeverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the official rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1: 6.

You work as the sales manager for a company that sells office supplies to businesses of all sizes. because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on paper, pencils, pens, post-it notes, and other office supplies from the manufacturers. when reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. when you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?