g Bonds of ABC Corp. are currently priced at $932. The bonds have a face value of $1,000. Coupon payments occur twice per year.
1 answer:
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Answer:
c. $33.33 per housekeeping hour
Explanation:
The housekeeping department's activity rate is how much each housekeeping hour costs.
This question can be solved by a simple rule of three.
27000 hours cost $900000. How much does 1 hour cost?
27,000 hours - $900,000.
1 hour - $x.
So the correct answer is:
c. $33.33 per housekeeping hour
Answer:
Check the explanation
Explanation:
Marginal revenue is the revenue earned by selling an additional unit of output. Marginal Revenue for fifteenth unit of output is calculated as below.
Marginal Revenue= =
Marginal Cost is the additional cost incurred on producing additional unit of output. Marginal Cost for fifteenth unit is calculated as below.
Marginal Cost=
The marginal revenue when the quantity is 25 is
The marginal Cost when the quantity is 15 is
The marginal profit of a monopoly is 0 when the marginal profit is equal to the marginal cost. The monopoly produces at an output where the marginal profit is equal to zero.
Thus, the output produced by the monopoly is
The corresponding price set is at $70.
120 units
A perfectly competitive market produces an output where the marginal cost is equal to
the average revenue. Thus a competitive firm produces
The corresponding price is set at $50.
130 units)
The monopoly price $70 is higher than the competitive firm's price $50.
Hence, the correct option is