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Kaylis [27]
3 years ago
6

For a monopoly, the level of output at which marginal revenue equals zero is also the level of output at whicha.total revenue is

maximized.b.profit is maximized.c.marginal cost is zero.d.average revenue is zero.
Business
1 answer:
Vikki [24]3 years ago
3 0

Answer:

a.total revenue is maximized

Explanation:

Marginal revenue refers to the change in total revenue. Zero marginal revenue impllies no change in TR. Thus, only when TR is maximized will MR be zero before falling.

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A company’s fixed operating costs are $430,000, its variable costs are $2.95 per unit, and the product’s sales price is $4.50. W
vredina [299]

Solution:

Given information:

The fixed operating costs are$430,000.

The variable costs per unit are $2.95.

The selling price of the product is $4.50.

Calculation of the break-even point:

The formula to calculate the break-even point is:  

Break-even point = Fixed costs / Selling price per unit -Variable costs per unit  

                             = 430,000 / 4.50 - 2.95

                            = 430,000 / 1.55 = 277,419

Substitute $430,000 for the fixed costs, $2  

4 0
3 years ago
Goals serve four very important purposes. Each purpose is related closely to one of the four functions of management. According
ASHA 777 [7]

Answer:

E

Explanation:

Controlling is not closely related to the four functions of management. Planning, organizing, leading, and motivating are all functions of management. Being controlling is not an aspect of being a successful manager.

6 0
3 years ago
Which of the following is an advantage of utilizing technology?
8090 [49]

Answer:

C. Productivity increases.

Explanation:

Technology is the application of skills, knowledge which could be scientifically in solving problems, it can be in production of good and services.

Technology brings about automation, it saves time and provide efficiency in operation.

It should be noted that Productivity increases is an advantage of utilizing technology all over the world.

7 0
3 years ago
Equipment with a cost of $225,000 has an estimated salvage value of $15,000 and an estimated life of 4 years or 10,000 hours. It
elixir [45]

Answer:

The depreciation is $52,500

Explanation:

The formula to compute the depreciation under the straight-line method is shown below:

= \dfrac{(original\ cost - salvage\ value )}{Number\ of\ years}

= \dfrac{(\$225,000 - \$15,000)}{4\years}

= $52,500

Under the straight-line method, the depreciation expense should be the same for the remaining useful life. Life of the equipment or machine should always be expressed in years, not in hours.

So, these usage of hours should be ignored.

4 0
3 years ago
Dave's Duds reported cost of goods sold of $2,000,000 this year. The inventory account increased by $200,000 during the year to
Nookie1986 [14]

Answer:

a. $2,200,000

Explanation:

We solve considering the inventory identity:

$$Beginning Inventory + Purchase = Ending Inventory + COGS

$$ Purchase = (Ending Inventory - Beginning Inventory) + COGS

the difference during the year means the difference between ending and beginning inventory was of 200,000

So we plug that into the formula and solve

$$ Purchase = +200,000 + 2,000,000

Purchase 2,200,000

4 0
3 years ago
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