Answer:
James's price is $4 less than if the firm is a monopoly. A further explanation is given below.
Explanation:
Marginal income should have been equivalent to the marginal cost expenses as there was a Monopoly. The marginal price is calculated at 8 dollars. That being said, marginal income is declining.
- It costs $15 for maybe the first unit,
- $13 for its second unit,
- $11 for the third unit,
- $9 only for the fourth unit,
- $7 for the fifth unit.
When making the 4th unit, no marginal income as well as marginal cost becomes nearest. It, therefore, means that, as it generates 4 units, the Monopoly price would have been $12. Whether it is a reasonably open market, the cost should always be equivalent to marginal revenue, meaning $8 would be the price.
Answer:
Explanation:
a
Cash 20811010
Bonds payable 20000000
Premium on Bonds payable 811010
b
Interest expense 818899
Premium on Bonds payable 81101 =811010/5*6/12
Cash 900000 =20000000*9%*6/12
c
The market rate of interest will be lower than the contract rate of interest.
As the slope of the production function becomes flatter as more capital is added, the marginal product of capital is "decreasing".
<h3>What is marginal product of capital?</h3>
The extra output that emerges from adding one unit of capital typically cash is known as the marginal product of capital.
This statistic frequently applies to start-up businesses that depend on private financing to get off the ground. The increased output brought on by adding a worker is known as the marginal product of labour.
- Diminishing marginal returns, the marginal product that starts to decline, is an indicator of this phenomenon.
- The value that these additional units offer to the organisation, in terms of output generated, starts to diminish because there aren't enough workers to operate with the extra equipment.
To know more about the importance of marginal product, here
brainly.com/question/14867207
#SPJ4
Answer:
The Selling Era
Kotler refers to this as businesses "selling what they make, rather than making what the market wants to buy." ... Selling-era tactics can be risky for companies, as the hard sell can turn off consumers, perhaps even push them into the arms of a competitor.
Explanation:
The MR = MC rule C. applies only to pure monopoly.
<h3>What is monopoly?</h3>
It should be noted that monopoly simply means the only seller of a good to service in the market.
In this case, the MR = MC rule applies only to pure monopoly.
In conclusion, the correct option is C.
Learn more about monopoly on:
brainly.com/question/13113415
#SPJ1