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nevsk [136]
3 years ago
9

A monopolist can sell 200 units of output for $36 per unit. Alternatively, it can sell 201 units of output for $35.80 per unit.

The marginal revenue of the 201st unit of output is
Business
1 answer:
OverLord2011 [107]3 years ago
4 0

Answer:

There is a negative marginal revenue from the sale of 201st units of - $4.2

Explanation:

The marginal revenue is the revenue of the additional unit of output sold. Thus, the marginal revenue is the revenue earned from the 201st unit of the output sold. To calculate the marginal revenue of the 201st unit, we will calculate the total revenue for 200 units and deduct it from the total revenue for 201 units.

Total revenue - 200 Units = 200 * 36  = $7200

Total revenue - 201 Units = 201 * 35.8 = $7195.8

Marginal revenue - 201st unit = 7195.8 - 7200  =  - $4.2

There is a negative marginal revenue from the sale of 201st units of - $4.2

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2 years ago
Imagine a company that sells hammers charges customers $10 for each hammer. To make the hammer the company spends $7 on input co
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7 0
3 years ago
On October 1, year 1, Kirby Corp. purchased equipment for $100,000. The equipment has a useful life of 5 years with no residual
NNADVOKAT [17]

Answer:

5000 partial depreciation

Explanation:

straight line formula is = <u>cost  - scrape value</u>

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since there is no residual value (scrape value) therefore, we divide <u>100,000 </u>

                                                                                                                     5        

the answer we get 20000 per year depreciation. but the equipment is bought on 1st oct, and if assume that the year ends on Dec, 31 so  it is measure for 3 month depreciation which is 5000.                                                                                                                                                                                                                                                                                            

4 0
3 years ago
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