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
Brums [2.3K]
4 years ago
12

If at an output of 10 units a monopolist is earning a positive profit, marginal revenue is $6, and marginal cost is $4, then the

monopolist:
Business
1 answer:
LuckyWell [14K]4 years ago
7 0

Answer:

Increase output

Explanation:

A monopolist will stay in the market and increase output as long as the MR< MC. In the above scenario, marginal revenue is $6, and the marginal cost is $4 which means that monopolist is earning positive profits. In this case, a monopolist should increase the output to earn more profit. A monopolist will increase output until MR=MC.

You might be interested in
Maziarz Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit $ 220
cupoosta [38]

Answer:

(D) 3,815 units

Explanation:

In this question we use the formula of break-even point in unit sales which is shown below:

= (Fixed expenses + target profit) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $220 - $72.60

= $147.40

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= ($548,328 + $14,000) ÷ ($147.40)

= ($562,328) ÷ ($147.40)

= 3814.97 units

4 0
3 years ago
The ending inventory of finished goods for each quarter should equal 20% of the next quarter's budgeted sales in units. The fini
ale4655 [162]

Answer:

Instructions are below.

Explanation:

Giving the following information:

The ending inventory of finished goods for each quarter should equal 20% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 3,600 units.

<u>We weren't provided with enough information to solve the problem. But, I will leave the formula and a small example to guide an answer.</u>

<u></u>

Purchases= sales + desired ending inventory - beginning inventory

For example:

Sales 2nd Quarter= 27,000 units

Sales 3rd Quarter= 45,000 units

Production budget (in units):

Sales= 27,000

Desired ending inventory= (45,000*0.20)= 9,000

Beginning inventory= (3,600)

Total= 32,400 units

5 0
4 years ago
A client presents with chief complaints of unexplained weight gain and back pain from a compression fracture of the vertebrae. O
kozerog [31]

Answer:

The correct answer is Cushing's Syndrome.

Explanation:

Cushing's syndrome, also known as hypercortisolism, is a disease caused by the increase in the hormone cortisol. This excess cortisol can be caused by various causes. The most common, which affects 60 or 70% of patients, is an adenoma in the pituitary gland; This form of the syndrome is specifically known as Cushing's disease. Other causes of Cushing's syndrome are tumors or abnormalities in the adrenal glands, chronic glucocorticoid use or excessive ACTH production caused by a pituitary adenoma. ACTH is the hormone, produced by the pituitary gland, that stimulates the adrenal glands to produce cortisol. This disorder was described by the American neurosurgeon doctor Harvey Cushing, who reported it in 1932.

5 0
3 years ago
Suppose potential income is $80 billion, actual income is $40 billion, and expenditures don't vary with income. If the actual bu
gogolik [260]
A(4billion)

Because I 4-(5-22)-2
7 0
3 years ago
2 2 user: the cost to mail a package is $7 for the first 2 pounds and 30 cents for each additional ounce. which of the following
NARA [144]

f(x) = 7 + 0.3x

tell me if I am wrong

7 0
4 years ago
Other questions:
  • Approximately what portion of our nation's total production is made up of consumer goods?
    5·1 answer
  • The Coffee Express has computed its fixed costs to be $.48for every cup of coffee it sells given annual sales of 145,000 cups. T
    14·1 answer
  • Larson Manufacturing is considering purchasing a new injectionmolding machine for $250,000 to expand its production capacity. It
    11·1 answer
  • The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after
    12·1 answer
  • Tim, a single taxpayer, operates a business as a single-member LLC. In 2018, his LLC reports business income of $394,000 and bus
    14·1 answer
  • The following information is available for Chap Company.Sales: 350,000Cost of goods sold: 120,000Total fixed expenses: 60,000Tot
    15·1 answer
  • It is enough to describe the proposed business as a sole proprietorship in the business description
    14·2 answers
  • If Honduras wanted to trade goods with China, how would they negotiate the treaty? A. Through the WTO B. At a meeting of busines
    6·1 answer
  • Volatility or Blank______ increases for equity holders when leverage increases. Multiple choice question. inevitability certaint
    8·1 answer
  • Profit maximization fails to provide an appropriate goal for financial managers because.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!