1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Free_Kalibri [48]
4 years ago
11

Dimitri has several apple trees in his yard, and apples are a perfectly competitive market with a price of $2 per pound. if dimi

tri sells apples at the farmer's market, what is his total revenue and marginal revenue when he sells the 100th pound of apples?
Business
1 answer:
Alinara [238K]4 years ago
4 0
The total revenue and the marginal revenue when he sells the 100th pound of apples is 
total revenue is $200 (100 * 2) and marginal revenue is $2 (the price of the apple per pound in the market)

So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.
You might be interested in
The state government maintains an investment pool for itself and local governments in the state. The investment pool received t
Katyanochek1 [597]

Answer:

$15,000,000

Explanation:

The local government comes under the control of state directly. The amount received from local government should be reported in state's investment trust fund.

8 0
3 years ago
Read 2 more answers
Riverrun Co. provides medical care and insurance benefits to its retirees. In the current year, Riverrun agrees to pay $13,500 f
gtnhenbr [62]

Answer:

Dr. Employee Benefits expense                    $22,700

Cr. Medical Insurance payable                      $13,500

Cr. Employee retirement program payable  $9,200

Explanation:

The cost of fringe benefit provided to the employee of the company and any tax component attached to it is known as the employee benefit expense.

Total employee benefit expense is the sum of medical insurance and employee retirement program. As medical insurance and retirement program is payable until now so, it is recorded as a liability.

Employee benefit expense = $13,500 + $9,200 = $22,700

3 0
3 years ago
The U.S. Census Bureau statistics showed that more than 1.3 million people in Illinois-about 11% of the population-are without m
Vlad [161]
What<span>approximately would be the total population of Illinois?
</span>
-12 million
7 0
3 years ago
What’s the answer???
Yuliya22 [10]

Answer:

market

Explanation:

for the top one market is where they trade

6 0
3 years ago
Read 2 more answers
When considering where to export, advantages to managers of focusing on a nation that is already a sizable purchaser of goods co
NNADVOKAT [17]

Answer:

Option "C" is the correct answer to the following statement.

Explanation:

While deciding where to sell, export and import laws are not insuperable for managers to rely on a country that is a large consumer of goods imported from native countries.

  • Many products sold to a foreign investor need no export license. Both products are however subject to the laws and legislation on export control.
  • The easiest way to find if an item needs an export license is to verify which authority has control over the commodity you are attempting to sell, or controls it.
7 0
3 years ago
Other questions:
  • Helen pays a 10% commission on the cost of the stock she bought at $17.57 per share. she purchased 150 shares. how much will hel
    8·1 answer
  • A logo and/or the business or organization's name generally appears at or near the ____ corner of a webpage to help visitors ide
    11·1 answer
  • Which option is an example of a debt-funding source
    12·1 answer
  • Who among the following is associated with contributions to quality control in operations management? Henry Ford Charles Babbage
    15·1 answer
  • Why is perceptiveness an important trait to have as an entrepreneur??????
    15·1 answer
  • The transactions completed by Franklin Company during January, its first month of operations, are listed below. Assume that Fran
    10·1 answer
  • You have been placed in charge of a large project. Shortened communication lines are required to ensure quick resolution of prob
    5·1 answer
  • Which of the following is a disadvantage of partnerships compared to sole proprietorship
    9·1 answer
  • Remote Company has developed a new universal remote that works with all cable, over the air and streaming channels. While the de
    11·1 answer
  • The risk that a central bank will not make the necessary transfer of foreign currency to complete a currency settlement is known
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!