Answer:
A) QE = 400, PE = 250
QW = 325, PW = 375
b) east market has more elastic market demand
Explanation:
Given data :
Marginal cost = $50 ( both markets )
demand and marginal revenue in each market are given differently
a) Determine/find the profit-maximizing price and quantity in each market
For east market :
50 = 450 - QE
hence QE = 450 -50 = 400
since QE = 400 ( quantity for east market )
400 = 900 - 2PE
PE = 250 ( PROFIT maximizing price for east market )
For west market
50 = 700 - 2QW
Hence QW = 325
since QW = 325
325 = 700 - pw
PW = 375
B) The market in which demand is more elastic is the east market because the quantity demanded is higher and also the profit maximizing price is lower as well
Answer: B. You should invest in a stock if the expected rate of return from the stock is greater than the expected rate of return on an asset with a similar risk.
Answer: <em>Polish, Civility and Social Intelligence </em>
Explanation:
The following are the synonyms for the professional behavior: Civility, Polish and Social Intelligence. Social intelligence is referred to as or known as the capacity of an individual to know himself/herself and other individual. Civility is referred or as known as the civilized conduct i.e. considered to be a polite act or an expression
.
The average national utility price is $270.48 Over a 6-month period,then the average utility price in Dallas will be $326 which is Higher than the national average.
<h3>What utility price?</h3>
- Utility Costs conveys utility and home energy costs incidental to the residency of rental place
<h3>Examples:</h3>
Electricity, gas, water and drain, waste separation, and energy costs such as fuel oil, etc. that are separately-stated complaints.
- In simple words, The overall cost of living in the City is higher than the national average because it is one other most economically booming cities in the states.
- Amusement in the cities and daily utilization from families in higher economic set brought to this number.
Therefore, the option [B] is correct, means $326 which is higher than the national average.
Learn more about national utility price, refer:
brainly.com/question/4889141
