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EleoNora [17]
4 years ago
15

Suppose a monopoly concrete contractor builds 20 driveways per month for $10,000 each. In order to increase sales to 21 driveway

s, the contractor must lower the price of driveways to $9,500. The marginal revenue of the 21st driveway is
Business
1 answer:
wariber [46]4 years ago
4 0

Answer: Marginal revenue is -$500.

Explanation: The marginal revenue is calculated as the change in total revenue subtracted by the change in quantity.

Total revenue is calculated by multiplying the price by the quantity:

At a quantity of 20 driveways, the total revenue is = 20 × $10,000 = $200,000

At a quantity of 21 driveways, the total revenue is = 21 × $9,500 = $199,500

Marginal revenue = $199,500 - $200,000

= -$500

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Professor Sanford explains that the need for physical safety must be met before city dwellers will be motivated to form close fr
ELEN [110]

Answer:

B. a hierarchy of motives

Explanation:

Abraham Maslow's hierarchy of needs emphasized upon the fact that once an individual is successfully able to satisfy the most basic needs, he/she moves towards fulfillment of other higher needs in the hierarchy which are less basic.

Maslow specified 5 needs in the order of priority, namely, basic psychological needs of food and shelter, security needs relating to being healthy and safe at the same time job security, belongingness which refers to being loved and socially accepted, esteem needs relating to an individual possessing self respect and commanding respect, self actualization needs which refer to achieving as per one's full potential.

The given case specifies security needs i.e physical safety and then the need for belongingness i.e friendship.

4 0
4 years ago
On December 1, 2018, Marigold Corp. issued at 102, 750 of its 7%, $1,000 bonds. Attached to each bond was one detachable stock w
balu736 [363]

Answer:

<em>$726,750</em>

Explanation:

According to the given problem,

Bonds issued at 103% of the face value.

Face value of the bonds = $1000

Coupon rate = 7%

Number of bonds issued = 750

The data indicates that each bond is issued with a separate stock warrant which has a market value of $50.  

However the question was provided that the value of the proceeds from issuing the bonds should be found.  

At 102 per cent of the bond's face value, each bond is issued.  

Request bond price along with stock warrant.

= 102% ($1000)  = $1020

Total number of bonds = 750

Proceeds from the issuance of total number of bonds

= 750 * $1020  = $765 000

The value of the proceeds from issuing the bonds therefore is $765 000.

You deduct the $50 stock purchase warrant at 102 per cent initial market value.

50 * 1.03 = 51

51*750 = 38250

<em><u>$765,000 - $38,250 = $72,6750</u></em>

3 0
3 years ago
Sam buys a franchise from Taco Loco Inc. This relationship, like all other franchise relationships, is governed by Group of answ
emmasim [6.3K]

The fact that Sam buys a franchise from Taco Loco Inc means that it is governed by all of the choices.

<h3>Which authorities govern franchise deals?</h3>

As business deals, franchise deals will fall under several levels of government but most especially the state that it occured in.

The federal level will impose the federal franchise rule, and the tenets of contract law will be abided by.

Find out more on the federal franchise law at brainly.com/question/24096652.

#SPJ1

3 0
2 years ago
Why does a business cycle diagram serve as a forecasting model​
Tanzania [10]

Answer:

puedes poner la pregunta en españo?

8 0
3 years ago
At the end of its first year of operations, shapiro's consulting services reported net income of $27,000. they also had account
Otrada [13]
Answer: $11,200

Explanation:

Using the accounting equation:

(Total Assets) = (Total Liabilities) + (Total Capital)

So,

(Total Liabilities) = (Total Assets) - (Total Capital)    (1)

Based on equation (1), in order to compute for the total liability, we need to compute the total assets and total capital.

At the end of the first year, the following are the assets Shapiro's consulting services (together with the amount):

Cash:                              $16,000
Office Supplies:                $3,200
Equipment:                     $24,000
Accounts Receivable:       $8,000
TOTAL ASSETS            $51,200

Note that the total assets is obtained by adding the amount (or value) of the all the assets listed above.

Since the net income is an increase (or decrease if it's a net loss) of capital, we classify net income as capital. In particular, the net income of Shairo's at the end of first year adds to the capital at the start of first year. 

Moreover, the withdrawal of money by the owner also decreases the capital.  

Thus, the total capital at the end of first year is calculated as follows:

Capital (start of the year):            $15,000
Net Income (end of year):           $27,000   
Withdrawal Amount:                    ($2,000)
TOTAL CAPITAL:                       $40,000

Note: ($2,000) means -$2,000. This notation is used in accounting.

Hence using equation (1), the total liabilities at the end of first year is given by

(Total Liabilities) = (Total Assets) - (Total Capital)
                           = $51,200 - $40,000
Total Liabilities = $11,200

7 0
3 years ago
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