You just need to find time for both.
You can wash the car and you can also wash yourself
Answer:
Find the balance sheet in attached excel file
Explanation:
Please note that the workings is before the final figures placed in respective columns.
Answer: 5
Explanation:
From the question, we are informed that the marginal cost is constant and equal to 50 and marginal revenue equals 100 - 10Q.
For a profit-maximizing monopolist, we should note that the marginal revenue will be equated to the marginal cost. Therefore:
100 - 10Q = 50
100 - 50 = 10Q
50 = 10Q
Q = 50/10
Q = 5
Therefore, a profit-maximizing monopolist will set quantity equal to 5.
Answer:
predatory pricing
Explanation:
Based on the scenario being described within the question it can be said that in this case, Penny Bank is using predatory pricing. This is an approach to pricing in which a company lowers prices to really low levels in order to steal customers from their competitors and drive out the new competitors from the market, since they will not be able to match or sustain those low prices and will eventually go bankrupt.
