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.
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Answer:
D. InFocus conducts focus groups to determine its target market.
Explanation:
Just took the test!
Explanation:
The computation of the activity rate for each activity is shown below:
As we know that
Activity Rate = Expected rate ÷ Activity Driver
For Handling material = $650,000 ÷ 100,000 = $6.50 per part
For Inspecting product = $925,000 ÷ 1,500 parts = $616.67 per batch
For Processing purchase orders = $130,000 ÷ 700 = $185.72 per orders
Paying supplies = $200,000 ÷ 500 = 400 per invoices
Insuring the factory = $325,000 ÷ $40,000 = $8.125 per square foot
Designing packaging = $100,000 ÷ 2 models = 50,000 per models
Answer: $1,203.49
Explanation:
The equal contributions will be an annuity. The $3,500 already there will also grow at 6% for 3 years. Expression is;
8,000 = ( 3,500 * ( 1 + 6%)^3) + Contribution * Future value interest factor of annuity, 3 years, 6%
8,000 = 4,168.56 + Contribution * 3.1836
Contribution = (8,000 - 4,168.56) / 3.1836
Contribution = $1,203.49
Checks written in November $9,750
Less: Checks paid by bank in November $8,800
Checks outstanding at the end of November $950
Add: Checks written in December $11,762
Less: Checks paid by bank in December 10,889
Checks outstanding at the end of December $1,823
hope this helps!
- a random freshman
