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2 years ago

What is the profit-maximizing level of output for the non-discriminating monopolist?

1 answer:

3 0

The profit-maximizing price and output for this non-discriminatory monopoly are $4 and 7 units, respectively. A monopoly that maximizes the profit of producing in the short term will: increase production as long as the marginal return exceeds the marginal cost of producing that unit.

A discriminatory monopolist charges different consumers different prices, while a non-discriminatory monopolist charges all consumers the same price. In a non-discriminatory monopoly, demand determines the price and, ultimately, the price consumers are willing to pay.

The non-discriminatory monopolist found a marginal revenue of $23 and a marginal cost of $30 at the current level of production. To maximize profits, you need to raise prices and produce less.

Learn more about profit-maximizing here: brainly.com/question/13464288

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In order to calculate _____ using cost plus markup, a seller needs to know two things the cost of the item in the market.

Dafna11 [192]

I believe it’s selling price

4 0

3 years ago

Read 2 more answers

Zanny Moldings has the following estimated costs for the upcoming year:

Sloan [31]

Answer:

D) $31.

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = Estimated manufacturing overhead ÷ estimated direct labor hours

where,

Estimated manufacturing overhead is

= Salary of factory supervisor + Heating and lighting costs for factory + Depreciation on factory equipment

= $37,600 + $22,000 + $5,600

= $65,200

And, the direct labor hours is 2,100

So, the predetermined overhead rate is

= $65,200 ÷ 2,100

= $31

5 0

3 years ago

_____ is a tort in which the presumption of negligence arises because the defendant was in exclusive control of the situation,

Lina20 [59]

Answer:

Res ipsa loquitur

Explanation:

_____ is a tort in which the presumption of negligence arises because the defendant was in exclusive control of the situation, and the plaintiff would not have suffered injury but for someone's negligence.

Res ipsa loquitur is a doctrine in law that one can presume the negligence of a defendant when the facts are glaring.The doctrine has primarily required that a defendant have exclusive power over the occurrence of an injury. negligence could result from

1. an actual causal connection between the defendant's conduct and the resulting harm; 2 a duty of care owed by the defendant to the plaintiff; 3 a breach of that duty;

5 0

3 years ago

True or false: Under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worth

larisa [96]

<span>it is true that under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worthless. </span>

5 0

4 years ago

you deposit $3000 each year into an account earning 4% interest compounded annually. how much will you have in the account in 30

Elan Coil [88]

The final balance is ₹9,730.2. The total compound interest is ₹6,730.2. If the deposit is $3000 each year and 4% interest.

<h3>How to calculate compound interest ?</h3>

Compound interest is the addition of interest to the principal sum of a loan or deposit, or interest on interest plus interest.

The formula for annual compound interest is as follows:

FV = P (1+ r/m)^mt

FV - the future value of the investment, in our calculator it is the final balance

P - the initial balance

r - the annual interest rate

m - the number of times the interest is compounded per year

t - the numbers of years the money is invested for

initial balance P = $3000

number of years t = 30

Interest rate r = 4%

interest is compounded m = 1

The value of your investment after 30 years FV = ₹9,730.2

The profit will be FV - P = ₹9,730.2 - $3000 = $6,730.2

The final balance is ₹9,730.2.

The total compound interest is ₹6,730.2.

To learn more about compound interest refer :

brainly.com/question/24274034

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8 0

1 year ago