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nydimaria [60]
3 years ago
8

"If bookstore ABC Books determines it is going to sell books at its profit-maximizing price of $16 in a market facing monopolist

ic competition, calculate total profit for the store. ABC Books Revenue and Cost Quantity Price Total Revenue Marginal Revenue Total Cost Marginal Cost 0 $26 $0 - $300 - 10 $23 $230 $23 $340 $4 20 $20 $400 $17 $400 $6 30 $18 $540 $14 $480 $8 40 $16 $640 $10 $580 $10 50 $14 $700 $6 $700 $12 60 $12 $720 $2 $840 $14"
Business
1 answer:
Lady_Fox [76]3 years ago
7 0

Answer:

40 books revenue is maximized

Explanation:

Profit is maximized where Marginal cost equals Marginal Revenue. The revenue is maximized where 40 books are sold for the price of $16. The marginal revenue at this point equals the marginal cost. Profit will be maximized for the ABC Books if it sells 40 books at the price of $16 per book. Here Marginal cost is $10 and marginal revenue is also $10. This is profit maximizing point.

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Government agencies allow consumers to initiate transactions with government agencies, such as when they pay their taxes, pay tr
grin007 [14]

Answer:

affiliate marketing

Explanation:

In simple words, the affiliate marketing relates to the type of marketing under which the user and the handler of any online domain interact with each other due to the actions made by one or both of the parties. In this type of online marketing the transactions are done on the basis of the pre-defined information on the user end.

Thus, from the above we can conclude that the given case depicts affiliate marketing.

5 0
3 years ago
A warehouse received 250 orders in april, and 300 orders in may. what was the percentage of increase in orders from april to may
dsp73
The percentage increase is calculated by the ratio of the net change of a measurement and the current or present measurement value multiplied by 100 percent. For this case, the net change is 300 - 250 = 50 orders. The percent increase would be:

% increase = 50 / 300 x 100 = 16.67%
6 0
3 years ago
We have a separate country known as Lezette-ville. The GDP per capita in 2010 was $18,000 in 2010 dollars. While in 2018, the GD
Drupady [299]

Answer:

It will be a nominal increase. Not a real increase in the purchase power of the persons

Explanation:

We will check for the effect of inflation:

18,000 x 251/218 = 20.724,77

18,000 dollars in 2010 have aprroximate the same purchase power of 20,725 dollars in 2018

Therefore, there was no real wroth in the GDP per capita from this  time period.

It was all nominal increase, there was no improve in the purchase power of the consumer.

4 0
3 years ago
Which payment method typically charges the highest interest rates?Which payment method typically charges the highest interest ra
kvasek [131]
I would say that using a credit card would charge a higher interest.

8 0
3 years ago
The difference between your sales and your cost of goods sold is known as your what
Anettt [7]

Answer:

profit.

Explanation: its just right

8 0
3 years ago
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