Answer:
At what price is revenue maximum?
- $13 and $12 per unit (maximum revenue $156,000)
What is the maximum revenue and how many sets of headphones should the company expect to sell?
Write your conclusions in a sentence.
- When the price is higher than $12 per unit, demand is elastic, which means any decrease in price will result in a larger proportional increase in quantity demanded. This in turn increases total revenue. Below $12 per unit, demand is inelastic, which means that a decrease in price will result in a smaller increase in quantity demanded.
Explanation:
price quantity demanded total revenue
$20 5000 $100000
$19 6000 $114000
$18 7000 $126000
$17 8000 $136000
$16 9000 $144000
$15 10000 $150000
$14 11000 $154000
<u>$13 12000 $156000
</u>
<u>$12 13000 $156000
</u>
$11 14000 $154000
$10 15000 $150000
$9 16000 $144000
$8 17000 $136000
$7 18000 $126000
$6 19000 $114000
$5 20000 $100000
$4 21000 $84000
3 22000 $66000
2 23000 $46000
1 24000 $24000
There are different types of goals like the short and long term goals. Short term only applies on specific schedule or a target time. Long term goals is more based on security like retirement plans, insurance, savings, health plans, home for the family an many more. These are some factors that can indicate stability and are the long term goals that had to be met.
An individual who has been appointed by another person to act on their behalf and in their best interest is known as an agent.
In legal terminology, an agent is a person who has been empowered legally to act on the behalf of another person. An agent may be employed to represent a client in dealings and negotiations with third parties. Depending on the situation, the agent may be granted decision-making authority.
The agent is given the authority to take necessary action on someone else's behalf. People usually hire agents to conduct matters that they lack expertise or time to do for themselves.
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Answer:<u><em>Option (b) is correct.</em></u>
Explanation: Freedom of Information Act customarily provides that any individual has the freedom to application access to governmental agency transcript or information except to an amplitude the transcript are protected from acknowledgment by nine exemptions encompass
ed in the law. Most of these documents are redacted.
Cyclical deficit is the downfall of the business cycle, this usually occurs when the economy is beneath potential income. The formula for this is, CD= tax rate x ( potential deficit - actual deficit). Therefore, the cyclical deficit is $200. I hope this helps.