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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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Three entrepreneurs were looking to start a new brewpub near sacramento, california, called roseville brewing company (rbc). bre
svet-max [94.6K]

Answer:

A lot of information is missing as well as the requirements, so I looked for similar questions.

The requirements are:

<em>a. What is the break-even point in sales dollars for RBC? </em>

<em>b. What is the margin of safety for RBC? </em>

<em>c. What sales dollars would be required to achieve an operating profit of $250.000? $490.000?</em>

<em />

a) break even point = total fixed costs / contribution margin

  • total fixed costs = $1,125,430
  • contribution margin = $1,427,642 / $1,953,000 = 73%

break even point = $1,124,430 / 73% = $1,540,315

b) margin of safety = current sales - break even point = $1,953,000 - $1,540,315 = $412,685

c) operating profit = $250,000 ⇒ ($1,125,430 + $250,000) / 73% = $1,884,150.69

operating profit = $490,000 ⇒ ($1,125,430 + $490,000) / 73% = $2,212,917.81

7 0
3 years ago
Omnimenium, an automobile company, incurred a debt of $20 million for the fiscal year of 2016. The company used that money with
Mrrafil [7]

Answer:

<u>Leverage Ratios</u>

Explanation:

Leverage ratios signify the proportion of debt. The purpose behind calculating such ratios and their interpretation being to assess an entity's reliance on debt for raising long term capital.

Debt to investments ratio would be the proportion of debt used in the total investment made by a company.

Debt to investments ratio is computed as : \frac{Amount\ of \ debt\ used}{Total\ investments }

In the given case, the company utilized it's funds from debt to the tune of $20 million for it's investments in buying out another company.

Total investments = $ 20 million in debt + $20 million own funds i.e retained profits = $40 million

Out of $40 million, $20 million has been financed by debt.

Thus, Debt to investments ratio is 0.5.

Lower the debt to investment ratio, better it is for the company since lower will be interest and principal repayment obligations.

3 0
3 years ago
Compared to less developed countries, more developed countries have higher rates of?
Taya2010 [7]

Resembled to more developed countries, slight developed countries have a higher ratio of workers in the condition of goods and services the tertiary sector most individuals must produce food for their survival sector of the economizing.

<h3>What is the difference between a more developed country and a less developed country?</h3>

A developed country is a government that has a high level of automation and per capita income while a developing country is a country that is still in the early phases of industrial development and has a low per capita revenue.

To learn more about developing countries visit the link

brainly.com/question/14927048

#SPJ4

7 0
2 years ago
What is important to know about yourself when making a career choice?
yaroslaw [1]
It’s important to know your limits and your strengths.
The goal is to do your best in the job you have, so before making that important choice, it’s good to think about maybe your talents or hobbies that you have.
You could ask yourself questions such as:

Do I communicate well with people?

What am I best at?

Am I able to fulfill the tasks that are included in this career?

And I’m sure there are more questions, but it is a good thing to know yourself that way when you apply for a job, you know what you’re getting into.

I hope this helps!
~Brooke❤️
5 0
3 years ago
1) What are the three primary determinants of behavior in organizations?
scoray [572]

Answer:

The three primary determinants of behavior in organizations are employee dynamics, available resources and work environments.

6 0
3 years ago
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