Answer:
$10,527
Step by step Explanation:
Ist January to 31 August is 8 months
Therefore;
$54,000 x 12/8 = 81,000
15% x 50,000 = 7,500
25% x 25,000 = 6,250
34% x 6,000 = 2,040
7,500 + 6,250 + 2,040 = 15,790
Short period = 15,790 x 8/12 = $10,526.673.
Therefore The tax for this short period is $10,526.673 approximately $10,527
Answer:
To know what things they should buy and how much they should pay
Explanation:
Answer:
47,000
Explanation:
Impairment Loss = Book Value − Fair Value
$180,500 − $133,500 = $47,000
The answer is $7 because Marginal revenue is the change in total revenue from 10 customers ($400) to 11 customers ($407) How a monopolist maximizes profits
How does a monopolist determine its profit-maximizing level of output How does it determine the price that it charges?
The monopolist will select the profit-maximizing level of output where
MR = MC
and then charge the price for that quantity of output as determined by the market demand curve. If that price is above average cost, the monopolist earns positive profits.
How a monopolist maximizes profits
Because Chuck, a sole commercial airplane operator in small isolated town, has no competition, he has complete control of market price of air travel in his small tone
Reduced price → increase in ticket sales
Monopoly maximizes profit by choosing an amount of profit in which marginal revenue equals marginal cost (MR= MC) Since Chuck must reduce his price to sell more units, he has an incentive to sell a smaller quantity than a perfective competitive company
Learn more about Marginal revenue :
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