Which of the following best explains

The town of Smallsville is considering building a museum. The interest on the money Smallsville will have to borrow to build the

mestny [16]

Answer: See explanation

Explanation:

a. This has been solved and attached.

Note that the net benefits was calculated as:

= Marginal benefit - $200

b. Looking at the table and information provided in the attachment, we would see that no company offer to build the museum because since their cost of $1000 can't be covered by the revenue generated. The highest revenue gotten for the single price monopolist is $760 and this can't even cover their cost.

c. Based on the scenario given in (c), the highest revenue the price discriminating monopolist would make is $1200 and coupled with the fact that the cost is $1000, the maximum bid that a private company would make to supply the museum to Smallsville is $200 ($1200 - $1000)

7 0

2 years ago

Consider the following information: Rate of Return If State OccursState ofProbability ofEconomyState of EconomyStock AStock BSto

grigory [225]

Answer:

Expected Return Boom = 0.29(0.353) + 0.42(0.453) + 0.29(0.333)

Expected Return Boom = 0.3892

Expected Return Boom = 38.92%

Expected Return Good= 0.29(0.123) + 0.42(0.103) + 0.29(0.173)

Expected Return Good = 0.1291

Expected Return Good = 12.91%

Expected Return Poor = 0.29(0.013) + 0.42(0.023) + 0.29(-0.053)

Expected Return Poor = - 0.00194

Expected Return Poor = - 0.194%

Expected Return Bust = 0.29(-0.113) + 0.42(-0.253) + 0.29(-0.093)

Expected Return Bust= - 0.166

Expected Return Bust= - 16.6%

a. Expected return portfolio = 0.3892*0.18 + 0.1291*0.42 + 0.32*- 0.00194 + 0.08*- 0.166

Expected return portfolio = 0.1104

Expected return portfolio = 11.04%

b. Variance = 0.18*(0.3892-0.1104)^2 + 0.42*(0.1291-0.1104)^2 + 0.32*(- 0.00194-0.1104)^2 + 0.08*(- 0.166-0.1104)^2

Variance = 0.02429

c. Standard Deviation = (0.02429)^(0.5)

Standard Deviation = 0.1558

Standard Deviation = 15.58%

3 0

2 years ago

Flesch corporation produces and sells two products. in the most recent month, product c90b had sales of $26,100 and variable exp

julia-pushkina [17]

Flesch Corporation produces and sells two products, in case if there is any shift in the sales from product Y45E to C90B, then the breakeven will also decrease, since the contribution margin for Product C90B is less than the Product Y45E.

Contribution Margin: Total Contribution ÷ Total Sales

Product C90B:

=(26100-9135) ÷ 26100

= 35%

Product Y45E:

= (33540-15093) ÷ 33540

= 45%

Since the contribution margin of Product C90B < Product Y45E, the breakeven will decrease.

5 0

3 years ago

Over spring break, you go to Florida and accidentally spend too much on your checking account's debit card. When you get back to

777dan777 [17]

Answer:

I think $33

Explanation:

it probably ain't right I guess

8 0

3 years ago

What does OPEC stand for? Help pls

konstantin123 [22]

OPEC - Organization of the Petroleum Exporting Countries

8 0

3 years ago