Answer: 5
Explanation:
From the question, we are informed that the marginal cost is constant and equal to 50 and marginal revenue equals 100 - 10Q.
For a profit-maximizing monopolist, we should note that the marginal revenue will be equated to the marginal cost. Therefore:
100 - 10Q = 50
100 - 50 = 10Q
50 = 10Q
Q = 50/10
Q = 5
Therefore, a profit-maximizing monopolist will set quantity equal to 5.
Answer:
27.10%
Explanation:
Data provided in the question:
Principle amount = $1,498
Amount returned i.e the future value = $1,904
Time, n = 1 year
Now,
Interest paid = Amount returned - Principle amount
= $1,904 - $1,498
= $406
Using simple interest formula
Interest = Principle × Rate × Time
or
$406 = $1,498 × Rate × 1
or
Rate = 0.2710 or
= 0.2710 × 100%
= 27.10%
Answer: C. A debit to Petty Cash of $189.
Explanation: from the above question, the total amount given out of the petty cash is $189. That is why we are reimbursing the petty cash with $189.
In Accounting, the receiving account is debited while the giving account is credited. That is why we will reimburse the petty cash account by Debiting the petty cash account with $189 and crediting the bank with $189.
Answer:
Proofread for punctuation errors (it's a must!!), Jot down reasons that explain the bad news (I think), Organize your ideas (I think)
Explanation:
I think: Jotting down the reasoning helps/support the information (specifically) the bad news. Organizing your ideas helps to keep everything you write on track and ideas you want to mention always start from check-point A to check-point B and so forth.... (It's my thoughts of an answer)
Rural or suburban areas are less expensive to visit than urban areas.
-<u>True</u>