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blondinia [14]
3 years ago
9

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
2 answers:
kirza4 [7]3 years ago
7 0

Answer:

$2000

Explanation:

In this question we learn that when the monopolist sells jackets at the price of $100 each, then he is able to sell 20 jackets. Therefore, in order to find out what the total revenue would be when charging $100 per jacket, we would have to multiply the price times the quantity:

$100*20 = $2000

Marina CMI [18]3 years ago
4 0

Answer:

The revenue is $2000.

Explanation:

$100x20=$2000

The monopolist will have a revenue of $2.000

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Paragon Leasing has been approached by Mid-America Trucking Company (MATC) to provide lease financing for a fleet of new tractor
Vilka [71]

Answer:

$32,647

Explanation:

P=R(1-(1+i)^-n)/i

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R=?

i=14%

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by putting above values in formula, we get

140,000=R (1-(1+.14)^-7)/.14

$140,000=R4.288

R=$140,000/4.288

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4 0
3 years ago
In a Cournot market with two firms, the inverse market demand curve is P = 20 – 0.5Q, where Q = q1 + q2. (Firm 1's output = q1;
Ksenya-84 [330]

Answer:

MR = 10 – 1q1.

Explanation:

Demand function, P = 20 – 0.5Q

Q = q1 + q2

Now insert Q in the P = 20 – 0.5Q.

P = 20 – 0.5 (q1 + q2)

We have the value of q2 = 20.

P = 20 – 0.5 (q1 + q2)

P = 20 – 0.5 (q1 + 20)

P = 20 – 0.5q1 – 10

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Total revenue of firm 1, TR = Pq1

TR = 10q1 – (0.5q1)^2

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MR = 10 – 1q1

4 0
3 years ago
The strength or weakness of the potential entry of rivals as a competitive force is
solong [7]

Answer:

The correct answer is the option D: strongly correlated with the degree to which the industry's driving forces make it harder or easier for the new entrants to be successful.

Explanation:

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3 0
3 years ago
Read 2 more answers
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Answer:

(a) What factors determine a  company's total revenue?

Sales.

(b) Do higher  lead to increased revenues for a company?

Yes, a <u><em>Lead</em></u> is a person or company that might finally become a client, and drive the sales up.

6 0
3 years ago
On June 1, year 2, Oak Corp. granted stock options to certain key employees as additional compensation. The options were for 1,0
Dimas [21]

Answer:

Since the options were granted at an exercise price of $15 when the market value of the shares was $20, total compensation under the intrinsic method would be $5 per share on 1,000 shares or $5,000. Since the options are exercisable on 1/2/X2, the $5,000 in compensation would all be recognized n 20X1.

Explanation:

3 0
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