Business, 20.11.2020 03:50 EBeast9741
The following equations describes a monopolist's (who sells soccer balls in Durham arca) demand marginal revenue, total cost, and marginal cost: Demand : P = 10 - Q Marginal Revenue: MR = 10 - 20 Total Cost : TC = 3 + Q + 0.5Q ^ 2 Marginal Cost = 1 + Q Where Q is the quantity and P is the price measured in dollars Find out the profit- maximizing output of soccer balls. At what price they are sold? What is the monopolist's profit? (Hint: to figure out the profit you need to calculate the ATC, divided both sides of the given TC equation by Q to find the equation for ATC. Then plug in the Q and values you have calculated ).
Answers: 2
Business, 22.06.2019 00:40
Gdonald was unhappy that his company did not provide good transport facilities. he found it very strenuous to drive to work on his own, and this eventually led to job dissatisfaction. hence, he recommended ways to solve this problem. according to the evln model, this information suggests that donald's main reaction to job dissatisfaction was:
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Business, 22.06.2019 10:40
What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk
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Business, 22.06.2019 16:00
Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?
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Business, 22.06.2019 22:40
Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply
Answers: 1
The following equations describes a monopolist's (who sells soccer balls in Durham arca) demand marg...
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