1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jenyasd209 [6]
3 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]3 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

You might be interested in
Shyla conducted an experiment. she went to the student union and asked people if they would like to be subjects in her study. sh
Assoli18 [71]
No!
It's biased. Grumpy people have a right to have their opinions known just as well as cheerful people. Grumpy looks are momentary. They can be brought about (especially at a University) by math problems that are illusive, by girl friends (or boy friends), that are illusive, by something for lunch that was barely edible, by any number of things. 

She should ask people on some sort of other scale that is more random.
7 0
3 years ago
If the economy is experiencing an inflationary gap, the Fed should conduct ______ monetary policy to ______ aggregate demand.
Romashka [77]
The answer is Contractionary and Decrease
6 0
2 years ago
In early July, Damon Rutton purchased a $70 ticket to the December 15 game of the Sarasota Shippers. Parking for the game was ex
Bingel [31]

Answer:

Sunk cost will be = $70

Explanation:

Sunk Cost refers to the cost for which the amount has been already spent, and cannot be recovered. These are generally incurred and then not regarded for decision making as irrespective of decision being viable or not this cost cannot be avoided.

In the given instance, Damon Rutton Purchased the ticket of $70

This is the only cost which has already been incurred, else other costs of parking and food will only be incurred if he visits the game of Sarasota Shippers.

When he spend some time with his wife sunk cost will be = $70

8 0
3 years ago
Offshoring means outsourcing to an international or foreign firm. Group of answer choices True False
BartSMP [9]

Answer:

true

Explanation:

i believe forgive me if wrong

6 0
2 years ago
Read 2 more answers
Describe the American experience with crime during the last half century. What noteworthy criminal incidents or activities can y
alukav5142 [94]

Answer:

The answer is stated below:

Explanation:

The American experience along with the crime has been the influential during the half century and also in shaping the system of the criminal justice today.

The world wide of the organized activity of the criminal is linked with the Prohibition years of the early century of 20th and substantial rise in the traditional crimes during the 1970s and 1960s. The threat to the American way of the life is represented by the illicit drugs and the terrorists attack of September 11, 2001.

3 0
3 years ago
Other questions:
  • The jones' have always admired a house that sits on the top of a hill owned by the smiths. martin is a mutual friend of both the
    12·2 answers
  • During the ________ era, the prevalent business philosophy turned from an emphasis on production to an emphasis on advertising a
    10·1 answer
  • Consumer surplus is: the difference between the price of a product and consumers' valuation of the last unit of the product purc
    12·1 answer
  • When you hire an independent contractor, you don't have to pay the contractor's
    7·2 answers
  • Is the time it takes to fly from city upper a to city upper time it takes to fly from city a to city b discrete or? continuous?
    11·1 answer
  • Help plsssssssssss drag the names next to the correct statements
    13·1 answer
  • Who is the Minister of Education​
    8·1 answer
  • All of the following are reasons why some countries are more efficient than others at using capital and labor, except:
    9·1 answer
  • A company had $7,040,000 in net income for the year. Its net sales were $15,600,000 for the same period. Calculate its profit ma
    11·1 answer
  • One of the major disadvantages of a sole proprietorship is the: Group of answer choices Possibility of disagreements between own
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!