<span>A monopolist sells 6 units of a product per day at a unit price of $15. if it lowers price to $14, its total revenue increases by $22. this implies that its sales quantity increases by: 8 units.
To solve for the original sales amount: (6 units)($15) = $90
Next find the new unit amount: (8 units)($14) = $112
The difference between these two is a $22 sales increase which means to have the difference in sales be $22 there were 8 units sold instead of 6 units.
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Answer:
c. The investor will have a direct say in how the companies that the venture capital firm funds will be run
Answer:
$3 per glass
Explanation:
THe consumer are paying (9-6) per glass, so $3 higher.
Most other data in the question seems irrelevant.
The primary concerns when first starting your business are: financing and planning
Answer:
$554,000
Explanation:
Accounting Equation is;
Total Assets=Total liabilities+ Total Stockholders' Equity
$245,000+$795,000=$191,000+$295,000+ Total Stockholders' equity
Total Stockholders' equity =$245,000+$795,000-$191,000-$295,000
Total Stockholders' equity=$554,000
