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Solnce55 [7]
4 years ago
14

What is the monopolist's profit under the following conditions? The profit-maximizing price charged for goods produced is $12. T

he intersection of the marginal-revenue and marginal-cost curves occurs where output is 10 units and marginal cost is $6. Average total cost for 10 units of output is $5.
Business
1 answer:
Assoli18 [71]4 years ago
5 0

Answer:

monopolist profile is $70

Explanation:

given data

profit-maximizing price = $12

output = 10 units

marginal cost = $6

average total cost = $5

to find out

what is monopolist profile

solution

we know that Profit is  express as

profit = Total Revenue - Total Cost      .................1

so here total revenue is

Total Revenue = Price × Quantities

Total Revenue = 12 × 10 = $120

and total cost is

Total Cost = Average cost ×  Quantities

Total Cost = 5 × 10 = $50

so here from equation 1

profit = $120 - $50

so monopolist profile is $70

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Sunlight Design Corporation sells glass vases at a wholesale price of $4.50 per unit. The variable cost to manufacture is $1.75
guapka [62]

Answer:

D) 5182 glass vases

Explanation:

<em>Contribution per glass vases:</em>

$4.5 selling price - $ 1.75 variable cost= 2.75

<em>Operating income:</em>

29,000 units x $ 2.75 - $ 8,500 = $71,250 operating income

<em>Target income is to obtain a 20% increase:</em>

71,250 x (1 + 20%) = 85,500 target income:

<em>units needed for target income:</em>

(85,500 target income + 8,500 fixed cost) / 2.75 contribution per unit= 34.181,81

aditional glass vases needed for target income:

34,182 - 29,000 = 5,182

3 0
3 years ago
. Drayser Corporation has budgeted sales of 23,000 units, targeted ending finished goods inventory of 9,000 units, and beginning
natali 33 [55]

Answer:

Production= 26,000

Explanation:

Giving the following information:

budgeted sales of 23,000 units, targeted ending finished goods inventory of 9,000 units, and beginning finished goods inventory of 6,000 units.

<u>To calculate the production required, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

Production= 23,000 + 9,000 - 6,000

Production= 26,000

7 0
3 years ago
A department manager recently launched a new initiative so the members of her department can more easily present innovative idea
maw [93]

Answer:

all r true

both

hope I helped

5 0
3 years ago
This is an online live debate first 2 people to comment are the debaters the rest are the jury and they reply to chat the debate
Lana71 [14]
Hello there!

Let's take note of some things first. When a argument occurs, there's always two different kind of people. You would have someone who think he has a point and he explains his opinion on this matter, and then you would have the other opponent who would most likely say the complete opposite of this other person.

Now, when conduction the argument of the topic "cell phones", there would be a ton of different opinions on this matter.

For an example:

(Person #1) - opposer.

Cell Phone's are very useful, when you need to call a person, you would have something to communicate with the other person. It would be encounter as a essential in our every day life.

 (Person #2) - opposer.

I believe that Cell Phones are unsafe. People could track you down and hurt you to the full. They can take your information, and then you would have some several bad cases on this matter. I believe that Cell Phones are not safe.
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Based on looking at this example here, you would see on how they're are two different opinions here. They both have different explanations.

I hope this helps you!
8 0
3 years ago
Read 2 more answers
Select the best term to describe the following examples.
Bezzdna [24]

Answer:

The correct answer is: Emotional contagion.

Explanation:

The emotional state of an individual can be affected by the exposure to emotional expressions of others around which means that the emotional state can be transferred from one person to another even in online interactions through a process called emotional contagion.

Emotional contagion implies an individual connecting its emotions to others' moods which is likely to be reflected in both parties' behavior.

6 0
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