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Pepsi [2]
3 years ago
13

.Suppose a monopoly firm produces bicycles and can sell 10 bicycles per month at a price of $700 per bicycle. In order to increa

se sales by one bicycle per month, the monopolist must lower the price of its bicycles by $50 to $650 per bicycle. The marginal revenue of the 11th bicycle is
$150.

-$50.

$50.

$7,150.
Business
1 answer:
telo118 [61]3 years ago
5 0

Answer:

The answer is $150

Explanation:

Change in Total Revenue = Total Revenue – Revenue figure before the additional unit was sold

Marginal revenue  = (11*700) - (10*701)= <u>$150</u>

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Gerald rowe spends a weekend helping his neighbor john fritz build a new garage. two weeks later, after the garage is complete,
Ivanshal [37]

Answer:

cannot sue John for the extra $250 asJohn made the promise to him based on past consideration.

Explanation:

When Gerald was helping John build the garage, there was no agreement between them on payment for services. After the two weeks John made the promise to pay Gerald.

This is not a binding promise as John is paying Gerald at his own discretion as a past consideration, since no contract was agreed between them.

7 0
3 years ago
In 2013, how much money did Tesla raise via common stock offerings, net of fees and expenses?a) $515.6 millionb) $410.1 millionc
DaniilM [7]

Tesla was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

<h3>What was the finance for?</h3>

As part of shareholder's capital, the fund was used by the firm to finance the vehicle innovations.

Hence, the firm called "Tesla" was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

Therefore, the Option B is correct.

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4 0
2 years ago
Whenever there is a shortage at a particular price, the quantity sold at that price will equal: the quantity demanded at that pr
Marat540 [252]

Answer: C. the quantity supplied at that price.

Explanation:

A shortage for a good occurs when the current market price is less than the equilibrium price. So, whenever there is a shortage at a particular price the quantity sold at that price will be less than the quantity demanded. The amount of shortage is equal to quantity demanded minus quantity supplies. And the quantity sold is equal to the quantity supplied at that price.

8 0
3 years ago
Which of the main components of money management involves creating a plan for spending and saving during particular time periods
photoshop1234 [79]

Answer:

C. budgeting

Explanation:

The main components of money management that involve creating a plan for spending and saving during particular periods, such as a year, month, or week is known as BUDGETING

Budgeting is a part of the components of money management. It is an act of estimating the total expenses and income that deals with establishing a plan for spending and saving and usually gathered and regularly re-examine, including yearly, monthly, or weekly

6 0
3 years ago
Sam put $350 that he received as a birthday gift in his checking account. Where in his checkbook register should he write this a
qaws [65]
In the check register this would be added as a credit + to the account.  This is due to it increased the account balance.
7 0
3 years ago
Read 2 more answers
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