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Liula [17]
3 years ago
10

If own price elasticity of demand for your market is -1.2, and your marginal cost is flat at 10, what is the optimal price for y

our monopoly firm
Business
1 answer:
scZoUnD [109]3 years ago
8 0

Answer: $60

Explanation:

The optimal price for a monopoly firm is expressed by;

Price = Marginal Cost * ( Own Price Elasticity/ (1 + Own Price Elasticity))

Price = 10 * ( -1.2 /( 1 - 1.2)

Price = 10 * (-1.2/-0.2)

Price = 10 * 6

Price = $60

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Donald's home was recently destroyed by a fire. He made an insurance claim for $250,000. Who is responsible for paying him the $
artcher [175]
The insurer is the one responsible
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3 years ago
Assume that a consumer has a given budget or income of $12 and that she can buy only two goods, apples or bananas. The price of
soldi70 [24.7K]

Answer:

b) 2 bananas.

Explanation:

Provided that

Given budget or income = $12

The price of an apple = $1.50

The Price of a banana = $0.75

Since if we equate this banana and apple price, the opportunity cost is

The price of an apple = The Price of a banana

$1.50 = 2 bananas

The price of one banana is $0.75, for two it is $1.50 after multiplying the price of one banana with two bananas

4 0
3 years ago
Provide an example of how an international company (such as Unilever or Mondelez International) changes its distribution channel
mezya [45]

Answer:

The examples of the given circumstances are provided below.

Explanation:

<u>Interpretations of how the international corporation (including such Unilever) was indeed changing the distribution platform</u>:

  • Unilever transforms this same distribution network to potential consumers as well as ensures immediate access includes a multitude of shareholder but instead everyday items.
  • The corporation has a more adaptable distribution network which virtually guarantees direct services to consumers worldwide thru all the different retailers, shopping centers as well as other chain stores.

<u>Interpretations of how and why the International Corporation is changing targeted advertising</u>:

  • Unilever Advertisements have been created on the basis of the cultural values including its Country-Advertising Notifications besides Unilever impacts negatively on either the values of the people throughout order to determine if the project is uniquely equipped to address the requirements of the cultural identity as well as to raise the effectiveness of purchases.
5 0
3 years ago
in a situation where a homeowner conveys property to her uncle with a deed, and then the uncle records the deed, when did title
ohaa [14]

The title to the property will be actually transfer or pass to the uncle where there is the delivery as well as acceptance of the deed.

<h3>What is deed?</h3>

The term Delivery of the signed deed is known to be a term that connote when a given grantor's is said to have the intention to convey title as well as the physical handing over of the deed to the grantee

Note that by doing so,  the grantee's acceptance of the given deed is one that is known to be the immediate conveyance.

hence, The title to the property will be actually transfer or pass to the uncle where there is the delivery as well as acceptance of the deed.

Learn more about deed from

brainly.com/question/28346752

#SPJ1

6 0
2 years ago
​Tara, a​ pharmacist, is planning on opening her own pharmacy. Tara currently earns​ $50,000 a year at her job. She has calculat
kolbaska11 [484]

Answer:

$81,000

Explanation:

The computation of the amount of opportunity cost for running her own​ pharmacy is shown below:

= Earning as a job + rent expenses + utilities expenses

= $50,000 + $6,000 + $25,000

= $81,000

By adding the earnings, rent expenses, and the utility expenses we can get the opportunity cost for running her own​ pharmacy

6 0
3 years ago
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