Answer:
The change in total revenue is $10000
The percentage change in Total revenue is 5.88%
Explanation:
The revenue is a function of price multiplied by quantity sold.
Revenue = Price * Quantity sold
At the orignal price of $17, the monopolist is earning a revenue of,
Revenue at $17 = 10000 * 17 = $170000
The revised price for the monopolist is $17 - $2 = $15
The revised demand and expected sales at the revised price is 10000 + 2000 = 12000 units
The revenue at the revised values is,
Revenue at $15 = 12000 * 15 = $180000
The change in Total revenue = 180000 - 170000 = $10000
The percentage change in revenue = 10000 / 170000 = 0.0588 or 5.88%
Answer:
A. The government should implement subsidies as they would help domestic businesses be able to afford to lower the prices of their goods and thus become more competitive.
Explanation:
The government adoption of subsidies in order to support domestic telecommunication is the most effective solution in the long run. Domestic firms will be able to compete with lower prices as the cost and expenses structure would have a lighter burden over revenue.
Answer:
PV = $188,653.22
Explanation:
Given the following information, firstly we need to calculate present value of cash flow for the last 9 years. The present value of cash flow therefore
PVA2= $1,800 {[1 – 1 / (1 + 0.10 / 12)^108] / (0.10 / 12)}
PVA2= $127,852.84
Thus, present value of Cashflow today
PV = $127,852.84 / [1 + (0.08 / 12)]^84+ $1,800{[1 – 1 / (1 + 0.08 / 12)^84] / (0.08 / 12)}
PV = $188,653.22
Answer:
Excluded when calculating GDP because they do not reflect current production.
Explanation:
Transfer payments such as medicare, social security, medicaid, unemployment benefits, and other welfare programs are not calculated in GDP because they do not represent government purchases of goods and services, or in other words, they do not reflect goods and services currently produced and purchased.
They are instead, resources that the government takes either in the form of taxes, debt, or money supply, and allocates, or transfers, to specific recipients.
Answer:
The answer is c. price
Explanation:
Discount pricing is a type of pricing strategy where you offer customers a discount when they buy in bulk . The goal of a discount pricing strategy is to increase customer traffic, clear old inventory from your business, and increase sales.