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Verdich [7]
3 years ago
15

Assume that marginal revenue equals rising marginal cost at 100 units of output.

Business
1 answer:
Digiron [165]3 years ago
5 0

Answer:

b) -$700.

Explanation:

The economic profit or loss will be:

economic result = revenue - total cost

<u>Where:</u>

fixed cost + variable cost = total cost

400 + 600 = 1,000

revenue = units x selling price per unit

100 units x $3 = $300

economic result = revenue - total cost = 300 - 1,000 = -700

The company is on the optimal level, marginal revenue = marginal cost at 100 units of output.

But, it is not selling at the correct price. It should sale at a higher price.

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Helen, a high school teacher, wants her students to actively participate more in class. She has decided to use reinforcement the
ad-work [718]

Answer:

She would an extra mark each time to contribute to a topic

Explanation:

Giving extra marks each time students contribute to a topic will increase the participation rate in class as more students will want to make contributions so as to get the extra marks.

7 0
3 years ago
Aunt Mabel promised to give you $9000 when you successfully complete your freshman year, $6000 when you successfully complete yo
Blababa [14]

Solution :

At every stage the formula used will be :

$\frac{\text{available balance}}{(1+\text{interest rate})}= \text{required bank balance}$

After the junior year, Aunt Mabel's bank balance will be :

$=\frac{8000}{1.0925}$

= $ 7,322.65

Aunt Mabel's bank balance after sophomore year will be :

7,322.65 + 1000 = $ 8,322.65

$=\frac{8,322.65}{1.0325} $

= $ 8060.677

After the freshman year, bank balance of Aunt Mable's will be :

8060.677 + 6000 = $ 14,060.677

$=\frac{14,060.677}{1.0250} $

= $ 14.0606

If Aunt Mabel can predict the interest rate with accuracy, she will have to deposit :

$ 14.0606 + $ 9000 = $ 9,014.06

$=\frac{9014.06}{1.0525}$

= $ 8,565.241

4 0
3 years ago
Provide an example of economic regulations that a government might put into place and why
HACTEHA [7]

The Government regulates the sale and research of prescription drugs in order to promote safety and fair practices in the healthcare industry.

3 0
3 years ago
What sum of money now is equivalent of $8,250 two years later, if the interest is 4% per 6-month period (8% compounded semi-annu
Vitek1552 [10]

Answer:

$7052.13

Explanation:

We can calculate the present value of money equivalent of $8,250 two years later by applying present value formula

DATA

Future value = $8,250

Interest rate = 4%

Number of periods = n = 2 years x 2 times a year = 4 times

Present value =?

Solution

PV = \frac{1}{1+(interest rate)^n} futurevalue

PV = ×\\frac{1}{1+(0.04)^4} 8250

PV = $7052.13

7 0
3 years ago
What is price and explain factors that influencing price. Give at least 5 factors and explain them.
Archy [21]
It would be 764 have a good day bye
7 0
3 years ago
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