Many firms might like to be monopolies because such firms earn economic profits in the long run. What might cause a​ monopoly? A firm is likely to be a monopoly if A. its suppliers have no bargaining power. B. its product has complementary goods or services that are in high demand. C. there are no key inputs required for production . D. no network externalities exist in supplying the good or service . E. the government blocks the entry of more than one firm into a market .

Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?