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tester [92]
3 years ago
13

A monopolistic firm has a sales schedule such that it can sell 10 prefabricated garages per week at $10,000 each, but if it rest

ricts its output to 9 per week it can sell these at $11,000 each. The marginal revenue of the tenth unit of sales per week is:A. -$1,000.
B. $9,000.

C. $10,000.

D. $1,000.
Business
1 answer:
Wewaii [24]3 years ago
7 0

Answer:

option (D) $1,000

Explanation:

Data provided in the question:

Sales when 10 prefabricated garages per week are sold = $10,000 each

Sales when 9 prefabricated garages per week are sold = $11,000 each

Now,

Marginal revenue is given as Change in revenue with 1 unit change in production

Thus,

Marginal revenue = ( $10,000 × 10 ) - ( $11,000 × 9 )

= $100,000 - $99,000

= $1,000

Hence,

The answer is option (D) $1,000

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Also, the cost of setting up immunization program will be same for one child or more than one. Only the cost of polio vaccine will vary when the nos. of participating will increase.

8 0
3 years ago
Eccles Inc., a zero growth firm, has an expected EBIT of $100,000 and a corporate tax rate of 30%. Eccles uses $500,000 of 12.0%
Feliz [49]

Answer:

$587,500

Explanation:

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vU = [EBIT(1-tax) ]/ rE

    = [100,000(1-0.30)] / 0.16

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vL = 437,500 + (500,000*0.30)

   = 437,500 +150,000

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3 years ago
As a general rule, a profit-maximizing restaurant owner employs each factor of production up to the point at which the value of
Juliette [100K]

Answer:

A. last; equal to

Explanation:

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A profit maximising firm would produce up to a point where the marginal product of last factor enjoyed in equal to the factor's price.

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Yes its true primary research is more expensive tha secondary market research
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