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3 years ago

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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While noreen was driving down the highway, she saw two cars on the side of the road. she noticed that no one was hurt and that n

AfilCa [17]

Based on the information that has been given above, it is likely that the information has been stored on Noreen's short term memory. The short term memory is where memories could be stored in a short period of time, it could be determined or seen above as Noreen had saw the cars on the road but could no longer remember their colors as it was stored on her short term memory.

5 0

3 years ago

The income and expenses of a corporation for federal income tax purposes are referred to as what type of income?a. nontaxableb.

weeeeeb [17]

Answer:

The correct answer is letter "C": tax.

Explanation:

The Federal Income Tax is collected by the U.S. Internal Revenue Service (IRS) based on the annual earnings of individuals, corporations and all legal entities. It is considered to be the largest source of revenue for the government. In general, they are called taxes.

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3 years ago

You have been running a landscaping business called Trim Grass for about two years. You have developed a special blend of grass

Verdich [7]

Answer:

2222

Explanation:

8 0

3 years ago

At a price of $8.5 per ticket, a musical theater group can fill every seat in their 1800 seat performance hall. For every additi

sasho [114]

Answer:

The ticket price that maximizes revenue is $18.10

Explanation:

Hi, first we need to construct the revenue equation in terms of the additional dollar charge (that would be X). That is:

$Revenue=Price*Quantity$

$Revenue=(8.5-X)(1,800-65X)$

So we expand it:

$Revenue=15,300-552.5X+1,800X-65X^{2}$

$Revenue=-65X^{2} +1247.5X+15,300$

This is a parabola, and we need to find its vertex, which in our case that would be the maximum additional dollar charge in order to obtain the highest revenue possible, to find the vertex, we need to consider that:

$Y(X)=AX^{2}+ BX+C$

And to find the X-coordenate we have to use the following equation.

$Vertex(X)=\frac{-B}{2A}$

In our case, A= -65; B= 1,247.5, so, all should look like this:

$Vertex (X)=\frac{-(1247.50}{2(-65)} =9.6$

That means, we need to make 9.6 increments of $1 in order to obtain the max revenue possible, therefore, the price would be

Price = $8.50 + $1(9.6)= $8.50 + $9.6 =$18.10

Best of luck.

7 0

3 years ago

The industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the glo-bus statistical

Likurg_2 [28]

the industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the glo-bus statistical review

ANSWER:
are worth careful scrutiny by the managers of all companies because when a company's costs for one or more of the cost benchmarks are deemed "out-of-line," managers need to initiate corrective actions in the next decision round.

5 0

3 years ago