A single-price monopolist is a monopolist that sells each unit of its output for the same price to all its customers. Refer to E
1 answer:
From the information provided, A single-price monopolist earns a total profit of $80 when it produces and sells 20 units of its good. See the attached for more information.
<h3>How do we arrive at $80?</h3>Total profit = revenue - cost
Revenue = price x number of units sold
Revenue at 20 units =
20 x9 = $180
Given that Total cost at 20 units is $100, thus,
Total Profit = 180 - 100
= $80.
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Based on the calculations, we have the following:
- The area of the sheet of paper is 96 square inches.
- The combined area of the triangle cutouts is equal to 36 square inches.
- The area of the parallelogram is equal to 60 square inches.
- The altitude of the parallelogram is equal to 6.51 square inches.
<u>Given the following data:</u>
- Dimension of paper = 12-inch by 8-inch.
Mathematically, the area of the paper is given by this formula:
Area = 96 square inches.
<u>For the four (4) right triangles:</u>
- Dimension 1 = 2 inches by 9 inches.
- Dimension 2 = 3 inches by 6 inches.
Therefore, the combined area of the triangle cutouts is given by:
This would be determined by subtracting the area of the four (4) right triangles from the areas of the paper as follows:
P = 60 square inches.
<h3>The altitude of the parallelogram.</h3>Altitude = 6.51 square inches.
Read more on parallelogram here: brainly.com/question/4459854
<u>Complete Question:</u>
A parallelogram is cut out of a 12-inch by 8-inch sheet of paper. There are four right triangle remnants. Two have the dimensions 2 inches by 9 inches, and the other two have the dimensions 3 inches by 6 inches. The resulting parallelogram has a base of approximately 9.22 inches.
Based on the payoffs and the probabilities given, we can calculate the mean to be <u>0.8 shots made. </u>
<h3>What is the mean?</h3>The mean in this scenario will be a weighted average of the probabilities that a number of shots will be made.
The mean will be:
<em>= ∑ (Number of shots x Probability of number of shots)</em>
= (0 x 0.36) + (1 x 0.48) + (2 x 0.16)
= 0.8 shots
In conclusion, the mean is 0.8 shots.
Find out more about weighted average at brainly.com/question/18554478.
