Answer:
The reason why this may be happening is because the expenses may be higher than the amount of revenue that the business is making, the cost of rent, paying the employees and running the business may be higher than the revenue that is being made. The inflows may be higher than the outflows, in which case the profit is lower than the loss and may be the reason why the owner is having trouble keeping the business running.
Hey there!
12/14
• BOTH NUMBERS HAVE THE COMMON FACTOR OF 2, SO WE CAN DIVIDE BOTH THE NUMERATOR (TOP number) FROM THE DENOMINATOR (BOTTOM number)
= 12 ÷ 2 / 14 ÷ 2
= 6/7
= 18/21
Therefore, your answer is: 6/7 or 18/21
Good luck on your assignment and enjoy your day!
~Amphitrite1040:)
Answer:
Quantity = 59 units
Price = $111
Step-by-step explanation:
The Demand function is given by
The Marginal cost is given by
We are asked to find the quantity and price of goods.
Firstly, obtain the Marginal revenue function from the demand function
The Total revenue is given by
The Marginal revenue is the derivative of the Total revenue,
Assuming that the monopolist maximizes profits,
Therefore, the quantity is 59 units.
The price of each good is
Therefore, the price is $111.
AFC = FC / Quantity printed
<span>So given she prints 1,000 posters: AFC = 250.00/1000 = $0.25 </span>
<span>Given she prints 2,000 posters: AFC = 250.00/2000 = $0.125 </span>
<span>Given she prints 10,000 posters: AFC = 250.00/2000 = $0.025 </span>
<span>ATC = TC / Quantity printed </span>
<span>where TC = FC + Variable C * Quantity printed </span>
<span>If she prints 1000: TC = 250 + 2000*1000 = 2,000,250 </span>
<span>ATC = 2,000,250/1000 = 2000.25 </span>
<span>If she prints 2000: TC = 250 + 1600*2000 = 3,200,250 </span>
<span>ATC = 3,200,250/2000 = 1600.125 </span>
<span>If she prints 10000: TC = 250 + 1600*2000 + 1000*8000 ($1000 for each additional poster after 2000) = 11,200,250 </span>
<span>ATC = 11,200,250/10000 = 1120.025</span>
