Answer:
Total Maximized Profit = $2612.5
Explanation:
given data
Total Cost TC = 10(QE + QW)
QE = 100 - 2PE
QW = 100 - PW
solution
we consider here Q is = QE + QW
so total cost TC = 10 Q
we first derive it Marginal Cost by taking derivative of TC w.r.t Q that is
MC =
MC = 10
so when crusty practice price discrimination then it will different marginal revenue from each market is
QE = 100 - 2PE
and
Total Revenue from market E is
E = TRE = QE × PE
E = 100PE - 2PE²
and
Marginal Revenue from E is
E = MRE =
E = 100 - 4PE
and
now we put MRE = MC
100 - 4PE = 10
PE = $22.5
and here QE will be
QE = 100 - 2PE
QE = 100 - 45
QE = 55 units
and
TRE = 55 × 22.5
TRE = $1237.5
and
now Considering second neighborhood W
QW = 100 - PW
so here
TRW = 100PW - PW²
and
MRW = 100 - 2PW
now we equating MRW with MC
so it will be
100 - 2PW = 10
PW = $45
and
Q = 100 - PW
Q = 100-45
Q = 55 units
so
TRW = 55 × 45
TRW = $2475
so here
Total Revenue will be
Total Revenue = TRE + TRW
Total Revenue = $1237.5 + $2475
Total Revenue = $3712.5
and
Total Cost will be
Total Cost = 10(55+55)
Total Cost = $1100
and
Total Maximized Profit will be
Total Maximized Profit = TR -TC
Total Maximized Profit = $3712.5 - $1100
Total Maximized Profit = $2612.5
Answer:
They could be a Member-managed Limited Liability Company or a Manager-managed Limited Liability Company.
Explanation:
A Limited Liability Company is usually run by two or more partners. In managing this type of company, the members might choose to manage the company themselves. This is known as a member-managed Limited Liability Company. In such cases, if any member makes a decision in behalf of the business, with his signature appended to it, such a decision is considered legally binding on all other members of the company. Every member also has a say in the company's decision-making.
If they choose to be a manager-managed Limited Liability Company, they can appoint one or more non-members to manage the company for them. They do not interfere with how the manager chooses to run the company. They can still make important decisions but this is quite limited. However, they can choose to remove the manager/managers as they will.
Answer:
C. The company will be $33,000 better off over the 5-year period if it replaces the old equipment.
Explanation:
keep old machine:
operating expenses = $46,000 x 5 = $230,000
new machine:
purchase cost $260,000 - $28,000 = $232,000
operating expenses = $19,000 x 5 = $95,000
increase in revenue $26,000 x 5 = $130,000
if new machine is purchased, operating costs decrease by $135,000, revenues increase by $130,000, but investment outflows increase by $232,000 ⇒ $135,000 + $130,000 - $232,000 = $33,000