Question:
Please see the Demand and Cost information reproduced in the attached table
Answer:
The correct choice is A)
Profit if maximized where price is equal to $20.
At this price, MR = MC.
Please see the attached PDF.
Explanation:
The profit-maximizing choice for the monopoly will be to produce at the quantity where marginal revenue is equal to marginal cost:
That is, the point where MR = MC.
If the monopoly produces a lower quantity, then MR > MC at those levels of output, and the firm can make higher profits by expanding output.
Cheers!
Answer:
A. high school diploma
Explanation:
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Answer:
The total cost per unit using the weighted average method would be:
$15,97
Explanation:
Materials Conversion Costs
Begining $ 14,000 $ 8,000
APRIL $ 72,000 $ 80,000
TOTAL $ 86,000 $ 88,000
Units 8,000 8,000
100% 50%
WIP 4,000 2,000
TOTAL 12,000 10,000
USD/Unit 7,17 8,80 $15,97
It is false that evaluating an advertising campaign is the simplest part of the advertising process because the factors that determine the effectiveness of an ad are limited and clear.
Answer: Option B
<u>Explanation:</u>
To make a product famous that has been manufactured by a company, to make it reach to the consumers and to make them know about it, advertising is one of the most important elements. It focuses on the features, quality, prices etc of the product.
While evaluating the campaign of the advertisement, there are a lot many factors that are to be kept in mind by the company so that the consumers can know about the product.
