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Lerok [7]
2 years ago
13

Scenario: Home Monopolist) A monopolist faces a demand curve given by P = 60 2Q and has total costs given by TC = Q2. Its margin

al revenue is MR = 60 4Q and its marginal cost is MC = 2Q. Compared with the no-trade equilibrium, consumer surplus ___________ when the monopolist engages in free trade.
Business
1 answer:
enyata [817]2 years ago
6 0

Answer:

2Q

Explanation:

Economy equilibrium is where MC = MR.

Marginal cost equals marginal return when the supply and demand is linear. Consumer surplus is the additional amount that a consumer is willing to pay for the goods and services. Here MC = 2Q and MR = 60 + 4Q. Here consumer is paying 2Q additional in the equation of marginal return.

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Federal Bank of America has loaned $9,000 to Southgate Animal Hospital, using a 90-day non-interest-bearing note. The bank disco
eduard

Answer: $180

Explanation:

From the question, Federal Bank of America has loaned $9,000 to Southgate Animal Hospital, using a 90-day non-interest-bearing note. The bank discounted the note at 8%.

Therefore, the debit to Discount on Notes Payable in the general journal will be:

= $9,000 × 8% × 90/360

= $9,000 × 8/100 × 1/4

= $9,000 × 0.08 × 0.25

= $180

The correct answer is $180

It should be noted that we used 360 days for a year.

7 0
3 years ago
Imagine that instead of hiring each assitant right away in the hiring assistant problem. we wait until the end to hire the best
vlada-n [284]

Imagine that instead of hiring each assistant proper away withinside the hiring assistant problem. we wait till the cease to lease the quality one. what is the quality-, worse- and average-care costs on this case.

There are some assumptions that we are able to make.

Worst case: Every assistant you interview subsequent is higher than the ultimate candidate. So, you need to pass until the cease. The aspect is you interviewed until the cease N, and also you needed to make a contrast with the N-1 interviewee.

So, your complexity can be N*(N-1) = O(N^2)

Best case: The first actual candidate you interviewed became out to be the quality candidate. Here you simply examine with every other candidate if they're higher than the first candidate or not.

So, your complexity, on this case, can be O(N)

Average case: In this case, we're creating a contrast with different candidates. In this case, as well, your complexity could be O(N^2).

For higher clarity, what you may do is navigate grade by grade the subsequent pseudocode:

best_candidate_index = 0

for candidate in range(number_of_interviewee)

do interview candidate

if candidate is higher than best_candidate_index

best_candidate_index = candidate

lease best_candidate_index

Learn more about costs here:
brainly.com/question/28147009

#SPJ4

7 0
9 months ago
What factors under the control of owners and managers make a firm successful and allow it to earn economic​ profits?
mafiozo [28]

Answer: E. The firm's ability to differentiate its product

Explanation:

The factor under the control of owners and managers that make a firm successful and allow it to earn economic​ profits is the firm's ability to differentiate its product.

Product Differentiation has to do with making a product unique from that of its rivals so that it'll be attractive to the customers and the target market. This will slow be vital for the company to produce at a average cost that is lower than that of its competing firms. This will help the company to have a competitive edge over others.

8 0
2 years ago
BE22-4 Gundy Company expects to produce 1,200,000 units of Product XX in 2017. Monthly production is expected to range from 80,0
anzhelika [568]

Answer:

\left[\begin{array}{cccc}Range&80,000&100,000&120,000\\ Materials&400,000&500,000&600,000\\ Labor&480,000&600,000&720,000 \\ Overhead&640,000&800,000&960,000 \\ Variable&1,600,000&2,000,000&2,400,000 \\ Depreciation&200,000&200,000&200,000 \\ Supervision&100,000&100,000&100,000 \\ Fixed&300,000&300,000&300,000\\ Total&1,960,000&2,300,000&2,700,000\\\end{array}\right]

Explanation:

We multiply the variable component for each relevant range.

Then for the fixed cost, we post the total.

Notice it is given for 1,200,000 units

so total depreciation 1,200,000 x 2 = 2,400,000 = 200,000 per month

Supervisor  1,200,000 x 1 = 1,200,000 = 100,000 per month

5 0
3 years ago
If the number of people working is 2 standard deviations above the mean, how many standard deviations above do you expect sales
artcher [175]
R2 means the remainder of a certain number
8 0
2 years ago
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