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Scrat [10]
3 years ago
10

A single-price monopoly can sell 2 units for $8.50 per unit. in order to sell 3 units, the price must be $8.00 per unit. the mar

ginal revenue from selling the third unit is
Business
1 answer:
MAVERICK [17]3 years ago
8 0
Marginal revenue is the ratio that is calculated in order to account for the change in overall income that results from selling one additional unit. This term is usually considered a microeconomic term but has many managerial accounting applications. 

The formula to be used is,
             Marginal revenue = (change in total revenues)/(change in quantity sold)

Revenue for 2 units sold:   R = (2 units)($8.50/unit) = $17
Revenue for 3 units sold:    R = (3 units)($8.00/unit) = $24
   
Change in Total Revenue = $24 - $17 = $7

Marginal Revenue = ($7) / (3 - 2) = $7/1

<em>ANSWER: Marginal Revenue: $7/unit</em>
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Igoryamba

Answer: $1000

Explanation:

First, we calculate the amount if bad debt expense which will be:

= 3% × $50000

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Therefore, the balance of accounts receivable at the end of the first year will be:

= Amount of bad debts expense - Account written off

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= $1000

5 0
3 years ago
Although some gains have been made in reducing the rate of malnourishment in some lower-income nations, about __________ people
ValentinkaMS [17]

Answer:

1 billion

Explanation:

According to the World bank, about 1 billion people are malnourished around the world despite its efforts to reduce the rate of malnourishment in some lower-income nations. A larger percentage of this 1 billion malnourished people are in the Asian and Pacific continents; rather large percentage of about 60-65 percent.

I hope this helps.

6 0
3 years ago
Morris Company had the following adjusted trial balance:
kondaur [170]

Answer:

$38,100 ; $45,600 and $0

Explanation:

The computation is shown below:

For amount transferred from the income summary account to the Retained Earnings account in the third closing entry i.e net income or net loss

As we know that

Net income = Total revenues - total expenses

Commission revenue $49,700

Rent revenue $7,300

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Depreciation expense - $5,200

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= $45,600

And, the balance in depreciation expense account is zero as this depreciation expense account is closed while closing the expenses account i.e utilities expense, supplies expense and depreciation expenses

7 0
3 years ago
How are instrument families created?
Grace [21]
Musical instruments are grouped into families based on how they make sounds. In an orchestra, musicians sit together in these family groupings. But not every instrument fits neatly into a group. For example, the piano has strings that vibrate, and hammers that strike.

Hope I helped ❤️
Plz mark me brainiest? :)
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3 years ago
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GarryVolchara [31]

Answer:

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Explanation:

d is the best production so it should be in one of the answers and it is only with b so therfor it should be with d and b

3 0
3 years ago
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