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Gennadij [26K]
3 years ago
13

A publisher faces the following demand schedule for the next novel from one of its popular authors:

Business
1 answer:
enyata [817]3 years ago
4 0

Answer and Explanation:

The completion of the second, fourth, and fifth columns of the given table is to be shown in the attachment below:

As we know that

Profit = Total revenue - total cost

Total revenue is the revenue earned by the company by multiplying the price with the quantity demanded

While the total cost is

= Fixed cost + variable cost

The marginal revenue comes from

= Change in total revenue ÷ change in quantity

We simply use these formulas in the spreadsheet below.

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Recently, Pfizer and Allergan – the makers of Viagra and Botox, respectively – initiated a $160 billion merger. Pharmaceutical c
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Answer:

Lerner index for Botox = 0.9

Explanation:

The Lerner index measures market power in an industry. The formula for calculating the Lerner index is: L = (P - MC) / P

Lerner index for Botox = ($15 - $1.50) / $15 = 0.9

0.9 in the Lerner index means that a company has a very large market power. Under this situation, this is quite logical since Allergen has a monopoly on Botox, at least until the patent expires.

The Lerner index varies between 0 and 1, with 0 being a situation of perfect competition and 1 a monopolistic situation.

3 0
3 years ago
In 2019, Carlos filed his 2018 state income tax return and paid taxes of $800. Also in 2019, Carlos's employer withheld state in
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Answer:

He can deduct on his 2019 federal income tax return for state income tax $1,550

Explanation:

According to the given data, we can conclude that Carlos cannot deduct the addition of $600 of state income until next year.

Therefore, in order to calculate how much state income tax can Carlos deduct on his 2019 federal income tax return for state income tax we would need to make the following calculation

income tax to deduct on 2019 federal income tax return= Taxes paid+ withheld state income tax from salary

income tax to deduct on 2019 federal income tax return= $800 + $750 income tax to deduct on 2019 federal income tax return=$1,550.

6 0
3 years ago
If an unauthorized withdrawal was made from a checking account the customer will
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Lock the card, and contact the bank.
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3 years ago
One primary reason that environmental optimists are not concerned with natural resource depletion is they believe that
Murrr4er [49]

The reason that the environmental optimist are not to be concerned with the depletion of natural resources is because of technological innovation in which they believe that this allows or has the capability of developing synthetic materials in which can replace the natural resources that are depleted.

3 0
3 years ago
What was the ratio of per capita income in each of the following countries to that in the United States in the year 2010:
svet-max [94.6K]

Answer:

For   Countries (per capita)          United States of America (per capita)

<u> Ethiopia: </u>        

$380                                               $48,468

<u>Mexico:    </u>                                      

$9,271                                             $48,468

<u>India:</u>

$1,358                                             $48,468

<u>Japan:</u>

$44,508                                          $48,468

Explanation:

Ratio per Capita also known as Gross Domestic Product per Capita (GDP Capita) is the monetary measure of the market value of all the final goods and services produced in a specific time period within the country in view. <em>It is useful for comparing national economies of different countries on the international market.</em>

3 0
3 years ago
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