1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IRISSAK [1]
3 years ago
10

When a certain competitive firm produces and sells 100 units of output, marginal revenue is $80. when the same firm produces and

sells 200 units of output, what is average revenue?
Business
1 answer:
vova2212 [387]3 years ago
6 0

When the firm sells 100 units of output; the marginal revenue is $80. 
  When the firm sells 200 units of outpit: the marginal revenue is X. 
 So cross multiplying the revenue we have 100X = 80 * 200.
 X = 200 * 80 / 100 = 16000/100 = $160. To calculate the average revenue,
we need to know the total revenue. 
 Total revenue is the Price (P) * Total output (Q).
 So we have (80* 100) + ( 160 * 200) = 8000 + 32000 = 40000.
 So the average revenue = Total revenue / Total output = 40000/ (100 +200) =
133.33

You might be interested in
The compensation associated with executive stock option plans is:A. The book value of a share of the company's shares times the
Mekhanik [1.2K]

Answer:

The correct answer is letter "B": The estimated fair value of the options.

Explanation:

Employee Stock Options or ESOs are equity compensations given be firms typically to high-range executives. The company provides the workers with call options so employees can purchase the derivatives at a certain price and time. These types of compensations are useful as motivations for the employees to help them perform better in their duties.

5 0
3 years ago
What’s the answer cuh
ivann1987 [24]

Answer:

D

Explanation:

i took the paper test

7 0
3 years ago
Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for
V125BC [204]

Answer:

1,500 units; 1,000 units

Explanation:

Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit

Fixed cost = $160,000

Sales Mix = 60% of X + 40% of Y

                = 0.6X + 0.4Y

So,

Contribution Margin of the Mix:

= (60% × contribution margin of X) + (40% × contribution margin of Y )

Contribution Margin of the Mix per unit:

= (60% × 80) + (40% × 40)

= 48 + 16

= $64

Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit  

                                            = 160,000 ÷ 64

                                            = 2,500 unit

At the Level of break even :

Unit of X at break-even:

= 60% of 2,500

= 1,500 units

Unit of Y at break-even:

= 40% of 2,500

= 1,000 units

3 0
3 years ago
Determine the amount of money that must be invested now​ (time 0) at 10​% nominal​ interest, compounded​ monthly, to provide an
Veseljchak [2.6K]

Answer:

the amount of money that must be invested now is $21068.87

Explanation:

Given that:

Nominal interest = 10%

Annuity = 7000

n = 8 years

The Effective interest rate is calculated by using the formula:

Effective interest rate = ( 1 + \dfrac{r}{100 \times n})^n-1

Effective interest rate = ( 1 + \dfrac{10}{100 \times 8})^8-1

Effective interest rate = 0.1045

Effective interest rate = 10.45 %

Thus ; the the amount of money that must be invested now​  is the present value with the annuity of ​$7, 000 per year for 12 ​years, starting eight years from now.

PV = 7000(\dfrac{(1+ 0.1045)^{12}-1}{0.1045(1 + 0.1045)^{12}})( \dfrac{1}{(1+ 0.1045)^8})

PV = 7000 × 6.666056912 × 0.4515171371

PV = $21068.87

Thus; the amount of money that must be invested now is $21068.87

4 0
3 years ago
Jason rents rooms in his hotel for an average of $100 per night. The variable cost per rented room is $20. His fixed costs are $
melisa1 [442]

Answer:

D) 1,500

Explanation:

rent per room =$100 dollars

variable cost= $ 20 dollars

fixed cost =$ 100,000.00

desired profits=$ 20,000.00

volume(V) to meet profit target;

Contribution margin per sale= $100-$20= $80

Profits = revenue-cost

=$20,000= Vx$80-$100,000

=20,000=v80-100000

   v80=100,000.00+20,000

    v80=120,000

         v=  120,000/80

Volume =1,500

 

8 0
3 years ago
Other questions:
  • Octavia has received an email from a customer, asking her a question about a product. unfortunately, octavia doesn't know the an
    8·2 answers
  • McCarthy Company has inventory... McCarthy Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, i
    12·1 answer
  • What are dividends?
    6·2 answers
  • A SWOT analysis involves an analysis of factors internal to the company, which include _____ as well as factors outside the comp
    8·1 answer
  • An interactive, Internet-enabled system that allows individual customers to design their own products by answering a few questio
    7·1 answer
  • a client who has cancer and is receiving TPN. Which of the following lab indicate the treatment is effective_____________.
    11·1 answer
  • A customer finds a bone in a boneless chicken
    10·1 answer
  • One way products can be categorized is by brand.<br> O a) True<br> Ob) False
    14·1 answer
  • If Country B can produce beans at a lower opportunity cost than Country A, then Country B has a(n) _____________ over Country A
    7·1 answer
  • What information must be contained in the dispatch release for a domestic air carrier flight?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!