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Dmitrij [34]
2 years ago
6

Suppose a firm in a competitive market produces and sells 150 units of output and earns $1,800 in total revenue from the sales.

If the firm increases its output to 200 units, the average revenue of the 200th unit will be
Business
1 answer:
kolbaska11 [484]2 years ago
8 0

If the firm increases its output to 200 units, the average revenue of the 200th unit will be $12.

<h3>What is the average revenue?</h3>

Average revenue is total revenue earned from selling a good or service divided by the total number of output sold.

Average revenue = total revenue / output

$1800 / 150 = 12

Here are the options:

a. Less than $12,

b. More than $12,

c. $12,

d. Any of the above may be correct depending on the price elasticity of demand for the product.

To learn more about average revenue, please check: brainly.com/question/14014968

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Suppose you win on a scratch‑off lottery ticket and you decide to put all of your $3,500 winnings in the bank. The reserve req
Semenov [28]

Answer:

35000

A, d

Explanation:

Reserve requirement is the portion of deposit received by banks that the central bank requires to be kept as deposit.

If $3500 is deposited and reserve requirement is 10%

reserves would increase by $3500 x 0.10 = $350

Increase in the total value of checkable deposit is determined by the money multiplier

Money multiplier = amount deposited / reserve requirement

3500 / 0.1 = 35000

If the banks keep excess reserves, the amount of money available to be loaned out would reduce and this would reduce the increase in money supply.

Also, if individuals keep the money at home, it would reduce the amount of money that can be loaned out by banks

7 0
2 years ago
The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation exp
Artemon [7]

The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.

<h3>How are the straight-line and double-declining-balance methods related?</h3>

While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.

What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.

In conclusion, option D is correct.

Find out more on depreciation methods at brainly.com/question/26948130.

6 0
2 years ago
Kelly Slater owns a parcel of land in Palm Springs and is considering two possible development options which both use his signat
expeople1 [14]

Answer:

d. Choose Option B because it has a higher NPV

Explanation:

The computation is shown below:

For Option A:

Investment = $10 million

Present Value of cash flows = Cash flow ÷ Discounting rate

= $2 ÷  10%

= $20 million

Now

NPV = $20 - $10

= $10 million

We know that

IRR is the rate at which the NPV will be zero

So,  2 ÷  r - 10 = 0

r = 20%

For Option B:

Investment = $50 million

Present Value of cash flows = $6.5 ÷  10% = $65 million

NPV = $65 - $50 = $15 million

we know that

IRR is the rate at which the NPV will be zero

So, 6.5÷ r -50 = 0

r = 13%

Based on NPV, Option B should be selected as it contains higher NPV as compared to option A.

However, Based on IRR, Option A should be chosen as it contains higher IRR and a higher IRR represent a higher profit percentage

 

7 0
3 years ago
You have been working at your job for over a year. your boss starts offering you new assignments with weekly meetings in order t
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I reach my goals im now on a good
8 0
2 years ago
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The wall separating Henri from his manager made it hard to hear what his manager was saying. The wall is an example of a(n) ____
aksik [14]

Based on the information given the wall is an example of a(n) physical barrier.

Physical barrier is barrier that block or obstruct the flow of communication thereby making it difficult for the receiver to hear.

Physical barrier can tend to lead to ineffective communication between two or more people due to the disruption of failure in communication that occur as a result of the barrier.

Wall  is an example of physical barrier as they can prevent effective communication thereby by making it hard for the receiver to hear what the sender communicated to him or her.

Inconclusion  the wall is an example of a(n) physical barrier.

Learn more about physical barrier here:brainly.com/question/902393

8 0
2 years ago
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