They are made out of industrial screwdriver blades and they have screws in them that help them seal up things that are broken
Answer: B) $16
Explanation:
First lets take down the data given to us;
access from a certain leading provider can be represented as p = 5 minusone half q i.e 5 - 0.5q
Using the concept of two-part terrific which is a monopolistic market system, it is type of price discrimination where the price of goods and services are of two section namely; a lump-sum fee (expensive) as well as a per-unit charge
.
Entry fees are set to be equal to the consumer surplus in the competitive equilibrium.
So we calculate our price and quantity in the competitive equilibrium first, marginal cost is equal to price
5 - 0.5q = 1
4 / 0.5 = q
q = 8
Now the intercept of the demand curve at the vertical axis is 5,
so the consumer surplus in the competitive equilibrium is:
M = (5 - 1) * 8 / 2
M = 4 * 4
M = 16
the monthly access fee will be equal to $16.
Answer:
Market price = $2, profit = $0
Product differentiation
Increase profit
Explanation:
The market price will be $2, since the two firms will compete against each other, then the ori e falls to the marginal cost of $2
Product differentiation refers to the distinction made in a market whereby mostly similar products are produced. The variation or distinction made by different producers is usually used to influence consumer decision. The inscription of iguana made on the chest of iz and odd's t-shirt brand is to differentiate its product from that of Ralph and Lauren.
The Economic reason which could have likely sparked iz and odd's decision to put Iguana on its t-shirt brand is to give consumers something a bit more different from their usual design, thereby enticing more customers and ultimately increase profit.
Answer:
$206,196.38
Explanation:
Calculation to determine what will be the amount of their loan
Loan Amount=($210,000 × 0.965)+[($210,000 × 0.965)×0.0175]
Loan Amount=$202,650+ ($202,650 × 0.0175)
Loan Amount=$202,650 + $3,546.38
Loan Amount= $206,196.38
Therefore What will be the amount of their loan is $206,196.38
Answer:
This is the Predetermined overhead rate
Explanation:
The predetermined overhead rate assigns a particular amount of manufacturing overhead to each direct labor or machine hour. This helps businesses allocate resources and also set pricing. This computation is usually done at the beginning of each period.
To calculate this, we divide the estimate of the manufacturing overhead cost total by the estimated number of machine hours. It is used to assign overhead cost to jobs.
