Answer: Tentacle's total fixed costs are: $65400.
Explanation: The fixed components of the information provided by Tentacle Television Antenna Company are:
-Janitor's salary $4000
-Property taxes $15000
-Equipment depreciation (straight-line) $22000
-Factory insurance $14000
-Factory manager's salary $10400
So: 4000 + 15000+ 22000 + 14000 + 10400 = <u>$65400.</u>
Answer:
$60 to $70; 20 units to 25 units
Explanation:
The production point for the monopolist is where the marginal revenue is equal to the marginal cost,
For first demand curve,
P = 100 - 2Q
MR = 100 - 4Q, the MR curve is double sloped than the demand curve
MC = 20
Now, Equating Marginal revenue with marginal cost,
100 - 4Q = 20
4Q = 80
Q = 20
P = 100 - (2 × 20)
= 60
For second demand curve,
P = 120 - 2Q
MR = 120 - 4Q
MC = 20
Now, Equating Marginal revenue with marginal cost,
120 - 4Q = 20
4Q = 100
Q = 25
P = 120 - (2 × 25)
= 70
So, the quantity increases from 20 units to 25 units and the price increases from $60 to $70.
Ok yea sure i guess seems easy enough
Answer: It emphasizes news and events rather than sales.
Explanation:
Public relations of a company is the section of company that takes care of the company's image in the public.
The public relations passes across their information to the public in the form of news and press release.
The public relations inform the public about the happenings in a company.