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levacccp [35]
3 years ago
14

Suppose that for a monopoly average total cost is $35, marginal cost is $30, and marginal revenue is $35 with a selling price of

$40. To maximize profits, the monopoly should A decrease both output and price. B increase output but decrease price. C increase both output and price. D decrease output but increase price.
Business
1 answer:
chubhunter [2.5K]3 years ago
8 0

Answer:

C increase both output and price.

Explanation:

A monopolist respond to an increase in demand by increasing output and price.

In the given case, Marginal revenue is greater than marginal cost at those levels of output produced and the firm can make higher profits by increasing number of output. A monopolist can determine its profit maximizing price by analysing the marginal revenue and marginal cost of producing extra unit of output.

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Jeff's workgroup is having a lot of disagreement over the direction the group should take. they are involved in the _______ stag
Mama L [17]

Answer: Storming stage

Explanation: Jeff's group in the question are passing through the Storming stage in team development.

The Storming stage is a stage in team development, where members of a team's differences in individual characters clash and almost disrupts the progress of the team.

5 0
4 years ago
Milo Company uses the​ percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $ 150
Juliette [100K]

Answer:

Revised balance = $8000

Explanation:

Milo Company uses the​ percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $ 150 comma 000​, and management estimates 4​% will be uncollectible.

Milo ​Company's balance of Allowance for Uncollectible Accounts after​ adjustments, was $ 5 comma 000.

The following​ year, Milo Company wrote off $ 3 comma 000 of old receivables as uncollectible.

The Allowance account​ balance now will be:

Amount of Uncollectible Accounts for the year = 4% x $150,000 = $6000

Previous balance is $5,000 less amount written off $3000 = $2000

Revised balance = $6,000 + $2000 which is $8000

5 0
3 years ago
Why did the math book look so sad.
bearhunter [10]

Answer:

because math makes people sad

Explanation:

5 0
3 years ago
Read 2 more answers
Sapling Independent is a small bank located in Hong Kong. Sapling Independent is interested in increasing the number of mortgage
Lyrx [107]

Answer:

23,130,000 HK

Explanation:

Loan amount taken by sapling = 12,000,000 euros

Loan amount taken by sapling in Dollars at an exchange rate of 9 HK dollars/euros:

= 9 × 12,000,000

= 108,000,000 HK

Amount to be repaid by sapling at i= 1.5%:

= 12,000,000(1 + 0.015)

= 12,180,000 euros

Amount to be repaid by sapling in HK Dollars at an exchange rate of 7.5 HK dollars/euro:

= 7.5 × 12,180,000

= 91,350,000 HK

Amount earned by lending at i = 6%:

= 108,000,000(1 + 0.06) HK

= 114,480,000 HK

Net profit earned = Amount Earned - Amount Repaid

                             = 114,480,000 HK  - 91,350,000 HK

                             = 23,130,000 HK

Net profit earned in Euros = (23,130,000 ÷ 7.5) euros

                                            = 3,084,000 euros

4 0
4 years ago
The organization that supervises internet addressing is ___________.​
Vlada [557]
<span>The organization that supervises internet addressing is "ICANN".


</span>ICANN stands for the "Internet Corporation for Assigned Names and Number", and it refers to a non-profit association in charge of organizing the support and strategies of a few databases identified with the namespaces of the Internet, guaranteeing the system's steady and secure operation.ICANN plays out the technical maintenance work of the Central Internet Address pools and DNS root zone registries in accordance with the Internet Assigned Numbers Authority (IANA) work contract.
8 0
3 years ago
Read 2 more answers
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