1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gizmo_the_mogwai [7]
3 years ago
10

A monopolist makes self‑cleaning jackets. At a price of $100 each, it can sell 20 jackets. At a price of $98 each, it can sell 2

1 jackets. Assume the monopolist cannot price discriminate. When charging $ 100 per jacket, total revenue is
Business
1 answer:
tatiyna3 years ago
6 0

Answer:

The answer is $2,000

Explanation:

A monopolist is a single seller in the industry. A monopolist can influence the market price because he is the only one selling the product in the industry and has many buyers. Monopoly is an imperfect market and there are price discriminations in this market. A monopolist can charge different prices for different people.

We have first degree price discriminations, second degree price discriminations and third degree price discriminations.

Total revenue = selling price x units sold

Selling price is $100

Units sold is 20 jackets

Total revenue is therefore, $100 x 20 jackets

=$2,000

You might be interested in
The result of market research are used to identify the for a product
Murrr4er [49]
To identify and define marketing opportunities and problems
6 0
3 years ago
Why is the relational approach to leadership useful for leading sustainability in an organisation? Please indicate 3 reasons.
Alisiya [41]

Answer:

The understanding including its context has been explained throughout the explanation segment elsewhere here.

Explanation:

  • The relational leadership style wants to replicate the understanding that organizational culture ultimately resulted from those throughout the actions including its exemplary entrepreneur with either the perspective that leadership moves away from relations between people, gatherings.
  • Relational leadership acknowledges that perhaps the performance of the connections clients construct seems to be the surprise to relevance and success.
  • This methodology takes time to build as well as accomplish the goals of organizations, requirements, standards of practices, and so much more. Relational leadership could sometimes be extremely successful, especially whether it is accurate, caring, and compassionate, strengthened by hand movements of companionship but instead embodied mostly in the cultural values of an organization.
4 0
3 years ago
When an entire job is broken down into a number of steps, rather than being done by one individual, and each step is completed b
iragen [17]

The correct answer is work specialization. This is also known as division of labor in which this is being referred in regards with the degree of an organization that are likely to have a division of individual task into separate jobs.

7 0
3 years ago
Read 2 more answers
What will you need to change to make the message appropriate for both a subordinate and other subordinates? Make the message eve
bezimeni [28]

Answer: The correct answer is "Focus on congratulating the team using each individual’s name and use a more formal tone.".

Explanation: In order for the message to be more appropriate both for a subordinate and for other subordinates, the team and each individual subject should be congratulated with their own name so that they feel part of it and feel that their work is important for the team always in a formal tone that maintains respect among all.

4 0
3 years ago
If a marketing manager queries a marketing information system to determine the effect of three different levels of price for a n
9966 [12]

Answer:

sensitivity analysis

Explanation:

Based on the information provided within the question it can be said that in this scenario the marketing manager would be using sensitivity analysis. This is a method of analyzing the uncertainty outputs that a mathematical model will have on something. Which in this case would be the different price levels on a new product.

6 0
2 years ago
Other questions:
  • The apr of deloris' savings account is 3.8%, and interest is compounded semiannually. if the principal in deloris' savings accou
    13·2 answers
  • Werkley Inc. is a product manufacturing company. It relies on its suppliers for raw materials, on the labor market for its perso
    15·1 answer
  • National savings is equal to the sum of private savings and public savings. To make our notation a bit easier, we will call nati
    11·1 answer
  • Which of these contributes to a budget deficit?
    8·1 answer
  • What is the difference between a public and a private corporation?
    10·1 answer
  • Assuming that there are no income taxes, what would be the ROI and residual income, respectively, for this equipment, which has
    13·1 answer
  • How has technology changed in education
    5·1 answer
  • Which of the following statements is correct? The journal entry to record bad debt expense requires a debit to bad debt expense
    7·1 answer
  • Look at the image pls help
    9·1 answer
  • Terra Corp. is incorporated in Florida with its principal office in Destin. Phyllis is the president of Terra Corp. and owns 51%
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!