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Jerry's Phone Service is a monopoly. To find the amount of phone service that this company will provide, Jerry finds the point at which marginal revenue equals _____. marginal cost fixed costs profits
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Asked 96 days ago|6/16/2021 1:15:50 PM
Updated 96 days ago|6/16/2021 1:46:08 PM
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User: Jerry's Phone Service is a monopoly. To find the amount of phone service that this company will provide, Jerry finds the point at which marginal revenue equals _____. marginal cost fixed costs profits

Weegy: Jerry's Phone Service is a monopoly. [ To find the amount of phone service that this company will provide, Jerry finds the point at which marginal revenue equals marginal cost. ]
|Score 1|emdjay23|Points 222308|

User: A company divides its production into several separate tasks, with different people performing each task. This company uses _____. production costs profit maximization division of labor

Question
Asked 96 days ago|6/16/2021 1:15:50 PM
Updated 96 days ago|6/16/2021 1:46:08 PM
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A company divides its production into several separate tasks, with different people performing each task. This company uses division of labor.

Added 96 days ago|6/16/2021 1:45:40 PM
This answer has been confirmed as correct and helpful.
3
A company divides its production into several separate tasks, with different people performing each task. This company uses Division of labor.

Added 96 days ago|6/16/2021 1:46:08 PM
This answer has been confirmed as correct and helpful.
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Phil works in a _____ job and earns minimum wage. low-paying high-paying
Weegy: Phil works in a low-paying job and earns minimum wage. User: Suppose you are a T-shirt producer in a market without price controls. You are charging a price that is below the equilibrium price for T-shirts. Market pressures will eventually _____ the price of your T-shirts. lower raise not change Weegy: Suppose you are a T-shirt producer in a market without price controls. You are charging a price that is below the equilibrium price for T-shirts. Market pressures will eventually RAISE the price of your T-shirts. User: Opponents of minimum wage say that it causes a job _____, which can increase unemployment. shortage surplus Weegy: Opponents of minimum wage say that it causes a job SHORTAGE, which can increase unemployment. User: Suppose you produce T-shirts, and the equilibrium price for a T-shirt is $5. You haven't really done much research, so you decide to charge a price of $3 per shirt. At this price, there will be an _____ of T-shirts. equilibrium excess supply excess demand Weegy: Suppose you produce T-shirts, and the equilibrium price for a T-shirt is $5. You haven't really done much research, so you decide to charge a price of $3 per shirt. At this price, there will be an excess demand of T-shirts. [ ] User: Suppose you produce T-shirts, and you are charging less than the equilibrium price. By buying all of your products and demanding more, consumers are pressuring you to _____ your supply of T-shirts. increase decrease keep constant Weegy: Suppose you produce T-shirts, and you are charging less than the equilibrium price. By buying all of your products and demanding more, consumers are pressuring you to INCREASE your supply of T-shirts. User: Suppose you are a T-shirt producer in a market without price controls. When you sell T-shirts at the equilibrium price, you will not _____ any resources because you will supply what consumers demand. offer use waste (More)
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Updated 96 days ago|6/16/2021 1:09:41 PM
1 Answer/Comment
Suppose you are a T-shirt producer in a market without price controls. When you sell T-shirts at the equilibrium price, you will not WASTE any resources because you will supply what consumers demand.

Added 96 days ago|6/16/2021 1:09:41 PM
This answer has been confirmed as correct and helpful.
Select the items that describe perfect competition. identical products many sellers cannot influence price price maker
Weegy: Identical products; many sellers; cannot influence price -are the items that describe perfect competition. User: A monopoly has _____ seller(s), but perfect competition has _____ seller(s). one, zero many, one one, many Weegy: A monopoly has ONE seller, but perfect competition has MANY sellers. User: The ice cream market is an example of _____ because it has many sellers who offer differentiated products. perfect competition monopolistic competition oligopoly Weegy: The ice cream market is an example of monopolistic competition because it has many sellers who offer differentiated products. User: The car market is an example of _____ because it has few sellers who offer differentiated products. oligopoly monopoly monopolistic competition Weegy: The car market is an example of oligopoly because it has few sellers who offer differentiated products. User: Select the kinds of market structures in which sellers have some (including complete) control over price. perfect competition monopoly monopolistic competition oligopoly Weegy: Sellers have some (including complete) control over price in Perfect competition. User: Select the items that can help you earn higher wages. more education more training more taxes more skills (More)
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Updated 96 days ago|6/16/2021 2:38:42 PM
1 Answer/Comment
More education, more training, and more skills can help you earn higher wages.

Added 96 days ago|6/16/2021 2:38:42 PM
This answer has been confirmed as correct and helpful.
Division of labor can lead to higher wages because it increases _____. the supply of labor labor productivity Social Security
Weegy: Division of labor can lead to higher wages because it increases labor productivity. User: Which one of the following groups formed the first unions in America? Miners Minorities Skilled tradesmen Women Weegy: Skilled tradesmen formed the first unions in America. User: The _________________________ was formed by Samuel Gompers, who was inspired by Marxism. It had success in lobbying Congress for better working conditions. American Federation of Labor American Group for Improved Conditions American Association of Laborers American-Gompers Association Weegy: The American Federation of Labor was formed by Samuel Gompers, who was inspired by Marxism. It had success in lobbying Congress for better working conditions. User: How do labor unions try to increase the wages of workers? collective bargaining reducing the supply of labor increasing the demand for labor Weegy: The labour union try to increase wages through collective bargaining, reducing the labor supply, or increasing labor demand. These groups of workers advocate for better wages, benefits, and working conditions. User: Jerry's Phone Service is a monopoly. Jerry finds the price of his service by looking at the price _____ at the chosen quantity. supplied demanded Weegy: Jerry's Phone Service is a monopoly. Jerry finds the price of his service by looking at the price demanded at the chosen quantity. User: ABC Carpets is a single seller that produces a good with no close substitutes. ABC Carpets has _____ of the carpet's market share. none half all Weegy: ABC Carpets has ALL of the carpet's market share. User: A market structure with a large number of sellers who make differentiated products is called _____. perfect competition monopolistic competition oligopoly Weegy: A market structure with a large number of sellers who make differentiated products is called monopolistic competition. User: Sam's Electric is the only supplier of electricity in the market and ... (More)
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Updated 96 days ago|6/16/2021 1:58:50 PM
1 Answer/Comment
The main difference between perfect competition and imperfect competition involves control over price.
Added 96 days ago|6/16/2021 1:58:50 PM
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Which of the following describe what producers offer as they compete for more customers? higher prices better customer service more advertising better product quality
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Updated 96 days ago|6/16/2021 1:48:04 PM
2 Answers/Comments
More advertising, better customer service and better product quality, describe what producers offer as they compete for more customers.
Added 96 days ago|6/16/2021 1:47:49 PM
This answer has been confirmed as correct and helpful.
The following describes what producers offer as they compete for more customers: better customer service, more advertising, better product quality.
Added 96 days ago|6/16/2021 1:48:04 PM
This answer has been confirmed as correct and helpful.
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Question
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Updated 96 days ago|6/16/2021 1:38:59 PM
1 Answer/Comment
You produce T-shirts, and it costs $3 to make each shirt. If you choose a price of $5 for each shirt, then you will earn a profit.

Added 96 days ago|6/16/2021 1:38:59 PM
This answer has been confirmed as correct and helpful.
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