Suppose that the demand for bentonite is given by q = 40 − 0.5p, where q is in tons of bentonite per day and p is the price per ton. bentonite is produced by a monopolist at a constant marginal and average total cost of $10 per ton. how much profit is earned per day if the profit-maximizing quantity of bentonite is sold at the profit-maximizing price?

The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap