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Stella [2.4K]
3 years ago
12

Suppose that an inventor discovers a new chemical compound that can change the color of a person's eyes with no negative side ef

fects. Since she holds a patent on this chemical, she has a monopoly over the sale of the new eye-color treatment. However, she's an inventor, not a businessperson. Which of the following statements explain to her how she should set the price for the eye-color treatment in order to maximize her profits?
a) The inventor should produce an output that maximizes total revenue.
b) The inventor should price her product so that price equals marginal cost for the marginal unit.
c) The inventor should establish the marginal revenue and cost for each additional unit produced.
d) The inventor should produce all the units for which marginal revenue equals or exceeds marginal cost.
e) The inventor needs to establish the demand for her product using market research.
f) The inventor needs to establish the supply for her product using market research.
Business
1 answer:
pentagon [3]3 years ago
8 0

Answer:

d) The inventor should produce all the units for which marginal revenue equals or exceeds marginal cost.

Explanation:

The inventor has a new and innovative product that can change the color of a person's eyes with no negative side effects.

She now has a monopoly in the market. To maximise her profits she needs to set price of the product so marginal revenue is equal to or greater than the marginal cost.

Marginal revenue is the additional income earned per unit produced, while marginal cost is the additional cost incurred with extra unit produced.

When MR is equal to MC the business breaks even, and when MR is greater than MC the business is making profit.

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An economy is considered to be in a recession if: Group of answer choices A) it is moving from the trough to the peak of the bus
Vsevolod [243]

Answer:

B

Explanation:

Please give me brainly answer.

6 0
3 years ago
A country in South America has large reserves of copper and tin. Mining forms the pillar of its economy. A major part of its rev
Ilya [14]

Answer:

B) raw material exporting

Explanation:

Based on the information provided within the question it can be said that this country most likely has a raw material exporting economy. This is a type of economy that focuses mainly on exporting and trading the raw materials which it's host country is rich in. This allows them to make money and import more necessary things that the country needs but can't produce.

3 0
3 years ago
The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $ 18,900 Current assets
allsm [11]

Answer:

9.69%

Explanation:

Calculate for the internal growth rate

First step is to calculate the ROA

ROA = $4,819/$38,200

ROA=.1262*100

ROA= 12.62%

Second step is to calculate the plowback ratio b

The plowback ratio, b= 1 – .30

b= .70

Now let calculate the Internal growth rate using this formula

Internal growth rate=(ROA × b)/[1 – (ROA × b)]

Let plug in the formula

Internal growth rate=[.1262(.70)]/[1 – .1262(.70)]

Internal growth rate=.0969*100

Internal growth rate= 9.69%

Therefore the internal growth rate will be 9.69%

3 0
3 years ago
As the manager of Margarita Mexican​ Restaurant, you must deal with a variety of business transactions. Provide an explanation f
Shalnov [3]

Answer:

A. Debit Equipment and credit Cash.

  • You purchase equipment and you pay in cash.

B. Debit Dividends and credit Cash.

  • You paid cash dividends.

C. Debit Wages Payable and credit Cash.

  • You paid wages that you owed to your employees. Generally wages are paid at the end of the week and not all months end on a weekend. So you must record wages payable until you actually pay the wages.

D. Debit Equipment and credit Common Stock.

  • You received equipment in exchange for common stock.

E. Debit Cash and credit Unearned Revenue.

  • You received cash in advance for some food that you will deliver in the future.

F. Debit Advertising Expense and credit Cash.

  • You incurred in advertising costs and you paid them in cash.

G. Debit Cash and credit Service Revenue.

  • You sold meals and your clients paid you in cash.

7 0
4 years ago
The right to ____ is never directly granted to all shareholders of a publicly held corporation.
Deffense [45]

The <u>right to declare </u><u>dividends </u><u>on the common stock </u>is never directly granted to all shareholders of a publicly held corporation. To declare dividends on the common stock.

When a corporation declares a dividend, it offers the amount of the dividend and the elegance of stocks for which the employer will pay the dividend. every person keeping shares of dividend-paying common inventory has a right to the dividend as long as he holds the inventory at the "report" date.

The board of administrators issues a declaration declaring how a whole lot can be paid out and over what timeframe. This statement implies liability for the dividend payments.

Legally, businesses must have a credit score stability in Retained earnings with a purpose to claim a dividend. Nearly, a employer must even have a coins balance huge enough to pay the dividend and nevertheless meet upcoming desires, including asset growth and payments on existing liabilities.

Learn more about business here: brainly.com/question/24448358

#SPJ4

7 0
2 years ago
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