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vitfil [10]
3 years ago
5

A firm in the market for designer jeans has some degree of monopoly power. the demand curve it faces has a price elasticity of d

emand of negative 4−4​, while the price elasticity demand of the market is negative 3.5−3.5. ​moreover, the firm has a constant marginal cost of ​$65.0065.00. using the rule of thumb for​ pricing, calculate the​ firm's profit-maximizing price.
Business
1 answer:
Pavlova-9 [17]3 years ago
5 0

Answer:

$86.67 is the profit maximizing price for the monopolist

Explanation:

In order to find the profit maximizing price for the monopolist using its price elasticity and marginal cost we have to use the formula

Price= Marginal cost* (elasticity/elasticity+1)

Marginal cost = $65.0065

Elasticity = -4

Price = 65.0065 *(-4/-4+1) = 65.0065*(-4/-3)= 86.67

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You have purchased a put option on Pfizer common stock. The option has an exercise price of $53 and Pfizer’s stock currently tra
12345 [234]

Answer:

A. -0.80

B. 2.20

Explanation:

A. Calculation for your net profit on the option if Pfizer’s stock price does not change over the life of the option

Net profit per share=max(53-55,0)-0.80

Net profit per share=0-0.80

Net profit per share=-0.80

Therefore your net profit on the option if Pfizer’s stock price does not change over the life of the option is -0.80

b. Calculation for your net profit on the option if Pfizer’s stock price falls to $50 and you exercise the option

Net profit per share

=max(53-50,0)-0.80

Net profit per share=3-0.80

Net profit per share=2.20

Therefore your net profit on the option if Pfizer’s stock price falls to $50 and you exercise the option is 2.20

3 0
3 years ago
7. Gulf Real Estate properties just signed contracts for two new listings: a Gulf View condominium with a list price of $589,000
oksano4ka [1.4K]

Answer:

The answer is "135 days"

Explanation:

Condo with a list price of Gulf View = \$589,000

They recognize for a Gulf View the preciously calculated summary analysis

The average cost list for a condominium is474.0075 and that average sale value is 454.245.

\to \$474,000 -\$454,245 = \$20,755

We also are selling $20,755 underneath the selling price on average.

\to \frac{20,755}{474,000} = .0437869198

Therefore a typical condominium in the South View is selling 4.38% well below the price list.

\to 589,000 \times (1- .0438)=563,209.5042

The estimated sales price is thus approximately $563,210

The amount of times that mine device needs and be delivered is an approximate 106 days of median number calculated at a number 1.

No condo Gulf Views $285,000 List price

Through the previously calculated concise figures, we learn that the average price list is 212.805556 for a Non-Gulf View Condominium or that the total selling price is 203.133333.

\to \$212,806 -\$203,133 = \$9,673

We sell $9,673 below the value of the total on average.

\to \frac{9,673}{212,806} =.045454545

Therefore a condo in No Gulf Vision offers on aggregate 4,545% well below the selling price.

\to \$285,000 \times (1-.04545)=272,045.4545

The average price is therefore approximately $272.045.

My projected place to trade this unit is the number of days in number 2 measured to be 135 days.

3 0
3 years ago
You are considering a project with an initial cost of $4,600. What is the payback period for this project if the cash inflows ar
klio [65]
The correct answer is C, 2.89 years
3 0
2 years ago
Itil considers the _____ responsible for handling service requests and communications with customers.
SashulF [63]

ITIL considers the service desk responsible for handling service requests and communications with customers.

Communication (from Latin: communicate, meaning "to share" or "to associate is defined as "the self and the other, the private and the public, the inner thoughts and [4] this As the definition suggests, communication is difficult to define in a uniform way because in general terms

communication refers to a very wide range of different actions involved in the dissemination of information. [7] John Peters argues that the difficulty in defining communication is that it is both a universal phenomenon (because everyone communicates) and a specific field of systematic academic research. claim to be based on facts.

Learn more about communications here: brainly.com/question/25645043

#SPJ4

5 0
1 year ago
Difference between relative and absolute scarcity
Arisa [49]

Answer: Relative scarcity could be described as that where the resources are limited in supply for a short while, due to manufacturing or supply challenges.

Absolute scarcity could he described as where supply is naturally limited. No possibility of the supply increasing.

Explanation:

Relative scarcity could be described as that where the resources are limited in supply for a short while, due to manufacturing or supply challenges.

Absolute scarcity could he described as where supply is naturally limited. No possibility of the supply increasing.

In relative scarcity, there is a probability of the supply to be made available later while in absolute, there is no possibility of it happening.

7 0
2 years ago
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