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maks197457 [2]
2 years ago
13

Assume that the market for pencils is perfectly competitive. The market equilibrium price is $0.50 and Perry's Pencil Company ha

s been selling 10,000 pencils per month. If he sells one more pencil, his marginal revenue will be
Business
1 answer:
Nata [24]2 years ago
6 0

The marginal revenue is $0.5 which is being earned if the company sells one more pencil.

<h3>What is total revenue?</h3>

Total revenue is the amount being obtained by the firm after selling the goods and services in the market.

Given values:

Quantity sold: 10,000 units

Marginal quantity: 10,001 units

Equilibrium price: $0.50

Computation of marginal revenue earned:

\rm\ Marginal \rm\ revenue=\frac{ \rm\ Additional \rm\ revenue-\rm\ Total \rm\ revenue}{\rm\ Total \rm\ quanitiy - \rm\ Additional \rm\ quantity} \\\rm\ Marginal \rm\ revenue=\frac{ 10,001 \times\ \$0.50 - 10,000 \times\ \$0.50}{10,001-10,000} \\\rm\ Marginal \rm\ revenue=\frac{\$5,000.50-\$5,000}{1} \\\rm\ Marginal \rm\ revenue=\$0.50

Therefore, when the company sells one more pencil then it earned a marginal revenue of $0.50.

Learn more about the marginal revenue in the related link:

brainly.com/question/13563292

#SPJ1

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Transfer Pricing
dusya [7]

Answer:

Pembroke= $105,000

Multinomah= $120,000

Explanation:

Giving the following information:

The materials used by the Multinomah Division of Isbister Company are currently purchased from outside suppliers at $90 per unit. These same materials are produced by the Pembroke Division.

The Pembroke Division can produce the materials needed by the Multinomah Division at a variable cost of $75 per unit. The division is currently producing 120,000 units and has capacity of 150,000 units. The two divisions have recently negotiated a transfer price of $82 per unit for 15,000 units.

Pembroke= 15,000*(82 - 75)= $105,000

Multinomah= 15,000*(90 - 82)= $120,000

3 0
3 years ago
Selective distortion is a process by which: a.consumers interpret information in ways that are biased by their previously held b
Sever21 [200]

Option A. It is a process by which consumers interpret information in ways that are biased by their previously held beliefs.

<h3>What is selective distortion?</h3>

This is the term that is used to refer to the way people reason using their subconscious mind.

This type of reasoning happens as a person would try to make new information to fit with the old reasoning they have.

Read more on  selective distortion here:

brainly.com/question/14969833

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6 0
2 years ago
In the classical approaches to management, proponents of the __________ approach argued that managers should stress primarily em
bogdanovich [222]

It should be noted that In the classical approaches to management, proponents of the Human Relations  approach argued that managers should stress primarily employee welfare, motivation, and communication.

<h3>What is Human Relations management?</h3>

Human Relations management theory  can be regarded as premise of organizational psychology which explains that an employer can employee productivity and motivation by positive social bonds.

Therefore, Human Relations support managers to be stressing primarily employee welfare and motivation.

Learn more about Human Relations  at;

brainly.com/question/1657284

7 0
2 years ago
When people have more money and eagerly spend it, this increases
Leya [2.2K]

Answer:

More money and enganment to whoever they're purchasing from.

Explanation:

3 0
3 years ago
At the beginning of the current period, Griffey Corp. had balances in Accounts Receivable of $239,000 and in Allowance for Doubt
denis-greek [22]
It’s c hopefully this helps
3 0
3 years ago
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