4 is confidence and I think 1 is being organized
Answer:
$86.67 is the profit maximizing price for the monopolist
Explanation:
In order to find the profit maximizing price for the monopolist using its price elasticity and marginal cost we have to use the formula
Price= Marginal cost* (elasticity/elasticity+1)
Marginal cost = $65.0065
Elasticity = -4
Price = 65.0065 *(-4/-4+1) = 65.0065*(-4/-3)= 86.67
Answer:
$80
Explanation:
Magda's miscellaneous itemized deductions include the initiation fee for membership in the teachers' union and the dues to the teachers' union. The voluntary fund contribution is not deductible.
All miscellaneous deductions can be deducted as long as they exceed the 2% of AGI threshold, which in this case = $10,000 x 2% = $200
Total itemized deductions = $100 + $180 = $280 - 2% of AGI ($200) = $80
B
The explanation: common sense ?
Answer:
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