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
il63 [147K]
3 years ago
11

Suppose a monopolist has a demand curve that can be expressed as P = 90 - Q. The monopolist's marginal revenue curve can be expr

essed as MR = 90 - 2Q. The monopolist has constant marginal costs and average total costs of $10. Refer to Scenario 15-4. The profit-maximizing monopolist will have a deadweight loss of a. $6, 400. b. $3, 200 c. $1, 600. d. $800.

Business
2 answers:
PolarNik [594]3 years ago
8 0

Answer:

The profit-maximizing monopolist will have a deadweight loss of is $1, 600

Explanation:

A monopolist produces at Marginal Rate =Marginal Cost

equating both concepts previously enlisted:

90-2Q=10

2Q=80

Q=40

P=90-40=50

Profit=(P-ATC)*Q

=(50-10)*40

=$1600

the profit is $1600

Vadim26 [7]3 years ago
4 0

Answer:

d. $800

Explanation:

MR refers to the margin revenue that is equal to the marginal cost MC to maximize a company's profit (Monopoly condition), therefore:

P = 90 - Q

MR = MC = $10 = 90 - 2Q

solving the equation:

Q = 40

P = 50

The deadweight loss DL can be calculated using the formula:

DL = 0.5*Q*(P-MR) = 0.5*40*(50-10) = 800

Note: the deadweight loss can be calculated graphically, the yellow area in the image down below is known as the deadweight loss area and its value could be extracted from the graph.

You might be interested in
Both the employee and the employer contribute to the F.I.C.A. fund and to the Medicare program. True or False
denpristay [2]
True, the employer and employee will have to contribute to F.I.C.A and the Medicare program. 
7 0
3 years ago
When a company guarantees the payment of debt owed by a supplier, customer or another company, the guarantor usually discloses t
ValentinkaMS [17]

Answer:

Contingent

Explanation:

5 0
3 years ago
He customers for mountain sports equipment mostly have high disposable incomes. However, imagine that Peter, Thomas, and Wim wan
mel-nik [20]

I would give them advice :

a. Assign R&D the project of developing gear that meets basic needs for warmth and dryness but can be manufactured inexpensively.

c. Research what people with annual incomes of less than US $1,500 really need.

d. Recruit local people to work as salespeople and distributors.

Explanation:

A disposable income is the total of cash household funds available for expenditures and investments after tax on income is accountable. The disposable income also called disposable personal income (DPI).

The figures suggest that Switzerland has almost double that of United States ($3.258) the highest taxable monthly income ($6,301).

The $100 remaining in your savings fund after all the debts have been charged is an example of disposable income.

3 0
3 years ago
Athena Jolene, a human resources executive at Thomas Griffith, wants to collect ideas from the company's employees for an upcomi
inna [77]

Answer:

Online discussion forum

Explanation:

Based on the information provided within the question it can be said that the best method would be to use an Online discussion forum. These are websites in which anyone can connect and give their thoughts and opinions on a specific topic and discuss with anyone who would like to join in. Which is what would allow Athena to collect ideas from all the company employees at the same time.

3 0
3 years ago
What percent of adults, nationally, were current on all credit payments in the last year?
Furkat [3]

The percentage of adults, nationally, that were current on all credit payments in the last year is 78.5% .

Your friend is incorrect in assuming that all will have high credit scores. because base on the fact that a lot young adults have no credit experience.  They are said to often have a high balance on too many credit card.

The state’s on-time payment record compare to the national rate is known to be Texas who are said to have an on-time payment record of 6.7% that is known to be lower than the national rate.

Miral county’s payment rate is 80%, 10% higher than the state of Texas.

The “clumping may be due to the types of jobs that are available to certain states.

<h3>The reasons our credit card or loan bill paid late?</h3>

The  reasons why our credit card or loan bill late said to be late is known to have a lot of serious effects if not managed. It can lead to:

  • Credit score reduction drastically, that can affect your credit report badly.
  • It can also  affect the types of opportunities, etc. that one can get through the credit bureau.

learn more about  credit payments from

brainly.com/question/2151013

8 0
2 years ago
Other questions:
  • Based on guidelines established by the accounting manager, Jaime, the accounts payable clerk, makes payments to vendors in order
    10·1 answer
  • Bonita Industries planned to use 1 yard of plastic per unit budgeted at $101 a yard. However, the plastic actually cost $100 per
    9·1 answer
  • If former President Barack Obama were to come on TV and say, Take cover for the next 4 months cause of the Virus. All jobs and o
    13·1 answer
  • Alabaster Incorporated wants to be levered at a debt-to-value ratio of .6. The cost of debt is 9 percent, the tax rate is 35 per
    13·1 answer
  • James was a partner in a large firm. He died unexpectedly. His son, Frank, wanted to take over for his father in the partnership
    6·1 answer
  • In times of rising prices, inventory profits (or phantom profits) are said to occur under the FIFO cost flow assumption. This oc
    8·1 answer
  • If net operating income is $34,000, average operating assets are $204,000, and the minimum required rate of return is 15%, what
    11·1 answer
  • "The degree of financial leverage is the ratio of​" ________ to percentage change in EBIT. A. operating profit B. percentage cha
    10·2 answers
  • A computer manufacturer is producing a one-of-a-kind innovation called Innovel, a cloud computing software that helps navigate I
    7·1 answer
  • Sociological approach to enterpreneurship​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!