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kati45 [8]
3 years ago
5

Suppose the demand for a price maker’s product is estimated to be Qd = 100 – 2P and its total cost function is C(Q) = 10Q. Under

first-degree price discrimination, what will be the firm’s profits?
Business
1 answer:
Digiron [165]3 years ago
5 0

Answer: See explanation

Explanation:

From the question,

Qd = 100 – 2P

We have to use the subject of the formula to get the expression for Price(P). This will be

2P = 100 - Qd

P= (100 - Qd) /2

P = 50 - 0.5Q

Also, C(Q) = 10Q

MC = 10

Since P = MC

50 - 0.5Q = 10

Collect like terms.

50 - 10 = 0.5Q

0.5Q = 40

Q = 40/0.5

Q = 80

Recall that,

P = 50 - 0.5Q

= 50 - 0.5(80)

= 50 - 40

= 10

The profit will be calculated as:

= TR - TC

where,

Total revenue = Price × Quantity

= 80 × 10 = 800

Total cost = 10Q = 10 × 80 = 800

Profit = 800 - 800 = 0

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If a preferred stock from Pfizer Inc. (PFE) pays $4.00 in annual dividends, and the required return on the preferred stock is 8.
Jlenok [28]

Answer:

Option a ($50.00) seems to be the right approach.

Explanation:

The given values are:

Annual dividend is,

= $4.00

Required return is,

= 8.00% i.e., 0.08

By using the formula, we get

⇒ Value \ of \ the \ stock=\frac{Annula \ Dividend}{Required \ return}

On putting the above given values, we get

⇒                              =\frac{4.00}{0.08 }

⇒                              =50 ($)

5 0
3 years ago
Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor
kodGreya [7K]

Answer:

The labor productivity  for Deluxe and Limited cars are as follows:

          Units/Hour dollars

Deluxe Car  0.13   103.64  

Limited Car  0.21   156.54  

Explanation:

It is noteworthy that labor productivity in terms of units/hour does not put into consideration  quality of product, selling prices and skill level of the manufacturing workers. It would extremely  difficult for supervisors to find  out the workers that are better in terms of unit/hour.

Find attached spreadsheet with detailed calculation and formulas used.

Download xlsx
3 0
3 years ago
What is the bottom-line message about the use of heroic measures in hospital care?
nlexa [21]
<span>To hospital staff, the answer to the question about "heroic measures" tells them what the patient and/or the next of kin will accept as 'standard of care' in the treatment of that patient in the event of a life-threatening state. Most facilities will break it down further to 1. no heroic measures to be taken at all,, 2 hydration and pain relief only, 3 hydration, feeding, and pain relief. and 4. all possible measures taken. In the parlance of today's world, this document may be called an End of Life Directive, Living Will, Do Not Resusitate Order, or Medical Power of Attorney. It all boils down to this-how much effort will be required from the facility by the patient or family to avoid liability for the death of the patient?</span>
5 0
3 years ago
Blue Technology began operations in 2019 and reported pretax financial income of $500,000 for the year. Blue's tax depreciation
SpyIntel [72]

Answer:

$440,000

Explanation:

Pre Tax financial income                                                      $500,000

Tax depreciation exceeding book depreciation                 ($45,000)

Accrued Expense for litigation                                             ($15,000)

Taxable income                                                                     $440,000

5 0
3 years ago
The 2016 balance sheet of Microsoft Corp. reports total assets of $193,694 million, operating liabilities of $68,010 million, an
mars1129 [50]

Answer:

Correct option is B

Explanation:

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Operating liabilities of $68,010 million

Shareholders’ equity of $71,997 million

Therefore,

Non-Operating liabilities are : $53687 million

4 0
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