Answer:
$65
Explanation:
The inverse demand function is as follows:
P = 120 - Q
TR = 120Q - Q²

MR = 120 - 2Q
The marginal cost is constant at $10.
The profit maximizing point is where MR = MC
MR = MC
102 - 2Q = 10
Q = 55
P = 120 - Q = $65
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<h2>
Both situations are examples of an economic problem.</h2>
Explanation:
Let us understand the term "economic problem"
Though the expectation of the people are endless, the "resources available" to satisfy the need is limited. This causes the "economic problem".
A student trying to decide how to spend his weekly allowance:
The need of student may be endless but still he is in a position to decide only based on the amount which he has to spend. He needs to prioritize the needs and then spend accordingly.
A country choosing to sacrifice some privacy to gain more security:
Under a compelled situation, the country has to sacrifice the privacy and then have to gain security. The loss due to negotiation of privacy is for sure and this leads to economic problem.
Answer:
Preference dividend = 9% x $65 x 5,700 shares
= $33,345
Dividend paid to ordinary shareholders = $50,000 - $33,345
= $16,655
Explanation:
The dividend paid to preferred stockholders is 9% of the par value multiplied by number of preferred stock outstanding. The dividend paid to common stockholders is the difference between total dividend paid and dividend paid to preferred stock holders.
The Peter Principle is an observation in most organizational hierarchies such as: That of the company is that each employee works his way up the hierarchy through promotions until he reaches the appropriate level of incompetence.
1. Lack of legal capacity, especially to testify or bring to trial. Also called "impossible". It can be caused by various kinds of disqualification, incapacity or incompetence. A court may appoint a guardian for a person found to be unsound by a formal hearing.
The definition of incompetent is a person or something that is unqualified, inadequate, or inadequate for a particular purpose. An example of incompetence is someone who is behind the wheel of a manual transmission car and does not know how to operate a stick shift. Lack of qualities necessary for effective action or action.
Learn more about incompetence at
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Answer:
10 times
Explanation:
The financial statement of Tyler company reports a net sales of $300,000
The account receivables at the beginning of the year is $50,000
The account receivables at the end of the year is $10,000
Therefore, the accounts receivable turnover for Tyler company can be calculated as follows
= net sales/average net account receivables
= $300,000/($50,000+$10,000/2)
= $300,000/($60,000/2)
= $300,000/$30,000
= 10 times
Hence the accounts receivable turnover for Tyler company is 10 times