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Tasya [4]
3 years ago
8

Sandy bought a large air conditioner from big box home store for 525. for an additional 100, the store delivered, installed and

programmed the unit. does this sale come under article 2 of the code? yes, because at least one element of the transaction was a sale of goods. yes, because the sale of goods predominates no, because this is an employment contract no, because this is a contract for the sale of services.
Business
1 answer:
Luda [366]3 years ago
3 0
Yes, because the sale of goods predominates.
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Total Output Price Marginal Revenue Average Total Cost Marginal Cost 1 $ 100 $ 100 $ 100.00 $ 30 2 90 80 63.00 26 3 80 60 52.67
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At the  profit-maximizing output, this firm's total profit will be $280.

<h3>Who is a monopolist?</h3>

A monopolist is a single firm that operates in an industry. There is only one firm in the industry because there are usually high barriers to entry of firms. The demand curve is downward sloping. A monopoly sets the price for its goods and services.

Profit is maximised when marginal revenue is equal to marginal cost. Looking at the given table, marginal revenue is equal to marginal cost when output is 4 and price is $70

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