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mixer [17]
3 years ago
15

Suppose a​ monopoly's price is ​$90.00 and its marginal cost of production is ​$18.00. What is the​ firm's markup? What is the f

irm's elasticity of demand?
Business
1 answer:
Julli [10]3 years ago
4 0

Answer and Explanation:

The computation is shown below;

Given that

Price = P = $90

And, the Marginal cost = MC = $18

a.

Now the markup would be

= (P - MC) ÷ P

= ($90 - $18) ÷ $90

= $72 ÷ $90

= 0.80

= 80%

Now the monopoly markup is

b.

As we know that

Monopoly, markup = 1 ÷ elasticity of demand(e)

e = 1 ÷ markup

= 1 ÷ 0.8

= 1.25

The absolute value of e would always be negative so e = -1.25

Therefore

The​ firm s price elasticity of demand is -1.25

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Answer:

That statement is true.

Explanation:

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Internal weakness in SWOT analysis refers to  consist of the things from within the company that can create some sort of damage to the company's operation if not taken care of.

Leaving internal weakness unfixed with heavily damage the productivity of company. Not only that, it could also damage the market's perception toward the company. When the customers have completely lost faith in the quality of company's product, there is almost nothing the company can do to fix it.

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3 years ago
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Answer:

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Explanation:

Given:

Society A

Society B

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Society B will pay $160 per unit  

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Computation:

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Answer:

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And the wight of the dbet times the cost of financing after the tax shield.

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