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qwelly [4]
4 years ago
7

The owner of ProPhone has charted the company's marginal revenue and marginal cost for its latest line of smartphones, the Blaze

r. Use the chart to calculate the company's profit. What is the difference between marginal cost and marginal revenue at the point when profits are maximized on the chart
Business
1 answer:
kolezko [41]4 years ago
6 0

Answer:

$10

Explanation:

Quantity                 Total revenue - total cost        Profit / loss

0                                              0 - 90                               (90)  

1                                           200 - 170                                30

2                                          360 - 200                             160

3                                          480 - 290                             190

4                                          600 - 340                            260

5                                          700 - 400                            300

<u>6                                          810 - 500                             310</u>

7                                           910 - 620                            290

Since the profits are maximized when 6 units are sold, the marginal revenue for the 6th unit = selling price 6th unit - selling price 5th unit = $810 - $700 = $110

The marginal cost for the 6th unit = cost 6th unit - cost 5th unit = $500 - $400 = $100

The difference between marginal revenue and marginal cost for the 6th unit = $110 - $100 = $10

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A customer has total assets of $436,000 and total liabilities of $314,000. The customer has just signed a contract to buy a new
natta225 [31]

Answer:

$122,000

Explanation:

Net worth refers to total assets minus total liabilities.

Therefore, the net worth of this customer can be calculated as follows:

Assets = Existing assets + A new car - Withdraw from existing checking account = $436,000 + $35,000 - $5,000 = $466,000

Liabilities = Existing liabilities + Borrowing from auto fiance company =  $314,000 + $30,000 = $344,000

Net worth = Assets - Liabilities = $466,000 - $344,000 = $122,000.

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Dafna11 [192]

Answer:

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A joint venture provides access to a large number of resources and it also provides the opportunity to gain new insight and expertise.

Different organizations enter into joint venture for either the purpose of a production process or research avtivity.

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Ierofanga [76]

Answer:

a. Maturing of a product

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b. Technology innovation in the manufacturing process

This will cause many changes in the strategy as technological innovation would reduce manual labor cost. Also, the organization would need skilled employees to deal with the new technology.

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Scorpion4ik [409]

Answer:

absolute addresses change depending on the cells you copy them to.

relative addresses do not change if you copy them to a different cell.

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A cell reference is a single cell or range of cells on a Excel worksheet. When calculations are done, these cells can be referred to. The cells are referred to using their row value and column value.

Relative references (or addresses) changes based on the position of rows and columns when a formula is copied to a different cell.

Absolute references (or addresses) do not change (remain constant) even if the formula is copied to a different cell.

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