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jenyasd209 [6]
4 years ago
6

Half of all potential customers would pay $10 for your product but half would only pay $8 but you cannot tell them apart. Your m

arginal costs are $4. If you set the price at $8, the expected profit is:a)$3 b)$4 c)$5 d)$6
Business
1 answer:
IgorLugansk [536]4 years ago
5 0

Answer:

The correct answer is b) $4.

Explanation:

This is simple problem, it requires us to to tell expected profit. We know that profit is equal to revenue minus expense. So in question revenue is given as $ 8 and cost is $ 4. So the profit would be

Profit = Revenue -Cost = 8 - 4 = $ 4

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2 years ago
Design Math Quiz
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Answer:

b) 4,000 + 5 x 1,000

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3 years ago
. Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year
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A prosecutor convened a grand jury to bring criminal charges against a pharmaceutical corporation. The charges were related to a
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The answer is,  the Fifth Amendment privilege does not extend to the custodian of corporate records.

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<h3>What is the role of pharmaceutical companies?</h3>
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<h3>What is an example of pharmaceutical?</h3>
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2 years ago
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NemiM [27]

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