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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

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snow_tiger [21]

Answer:

D

Explanation:

The law of supply states that when the price of an object rises, so does the quantity supplied. If the ketchups prices rise, so will the quantity that is supplied making this an example of the law of supply.

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What are global equity ventures?
Veseljchak [2.6K]
International investments.  Could be for just about anything, from land to companies.
8 0
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PC Company uses the weighted-average method in its process costing system, in which all materials are added at the beginning of
Svetllana [295]

Answer:

a. $45.92 per equivalent unit

Explanation:

Calculation for direct material cost per equivalent unit

First step is to calculate the Total units

Total units = 2,500 + 500 - 800

Total units = 2,200

Now let calculate direct material cost per equivalent unit

Direct material cost per equivalent unit=($16,320+$121,440)/(2,200+$800)

Direct material cost per equivalent unit=$137,760/3,000

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Therefore the Direct material cost per equivalent unit will be $45.92 per equivalent unit

7 0
3 years ago
During a job interview, Pam Thompson is offered a salary of $32,000. The company gives annual raises of 4 percent. What would be
attashe74 [19]

Answer:

$38,933

Explanation:

A=P( 1 + r/100)^n

A= amount

r= rate(4%)

n=period (5)

A=32,000 ( 1 + 4/100)⁵

A=32,000 (1.04)⁵

A=38,932.89

A=$38,933( nearest whole number)

6 0
3 years ago
Executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees
sladkih [1.3K]

Answer: a. Making authorized commitments

Explanation:

Executive Orders 12674 and 12731 (which amended 12674) of 1989 and 1990 respectively, were signed by President Bush with the purpose of setting forth the principles of ethical conduct that were required of Federal Government Officers and Employees.

These principles were meant to ensure that government officials and employees abstained from Abuse of power whilst working in such a way as not to bring disrepute to the Federal Government.

All of the above are violations of the Order except option A which is stated in Part I Section 101 (f) of Executive Order 12674. It reads that, "<em>Employees shall make no unauthorized statements</em>..." thus insinuating that employees are allowed to make Authorized statements.

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