The extra amount that Mary would pay for apples under a monopoly instead of perfect competition is B. $3
<h3>Calculations and Parameters:</h3>
From the complete information,
There are images of the prices that can be gotten under a monopoly and the ones that can be gotten in a perfect competition by Mary.
The marginal cost which is graphed against the pound of apples and the price shows Mary would pay $15 and the marginal revenue shows that Mary would pay $12.
Hence, the difference between them, which is the extra amount to be paid would be $15-$12
=$3
Read more about perfect competition here:
brainly.com/question/3914700
#SPJ4
Answer:
4553332 is the answer
Step-by-step explanation:
The pattern is 3^(2n-2) and the next number is 3^8.
Give a brainliest please:-)
Answer:
495
Step-by-step explanation:
1,650 x 0.7 = 1,155
1,650 - 1,155 = 495
(0.7 is the percentage)
Hope this helps!
Answer:
$141,557.76
Step-by-step explanation:
Chao bought a boat for 160,000
The value of the boat reduces by 4% every year
Therefore the value of the most at the end of three years can be calculated as follows
= 100%- 4%
= 96%
= 160,000 × 96/100^3
= 160,000 × 0.96^3
= 160,000 × 0.884736
= 141,557.76
Hence the price of the boat after 3 years is 141,557.76
