An e-commerce company sells e-books related to self-improvement topics. All e-books are sold at the same price. Currently, the company can earn a maximum annual profit of $25,000 when it sells 10,000 copies during the year. The company incurs a cost of 50 cents each time a consumer downloads a copy of an e-book. The company must spend $100,000 per year to develop new editions of the e-books. The company has determined that it would earn zero economic profits if it could sell annually 20,000 copies. In the short run, what is the profit-maximizing price of e-books

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.

Which of the following occupations relate to a skill category of words and literacy