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DiKsa [7]
3 years ago
9

g If James's marginal and average costs is $8, and his firm is in a perfectly competitive industry, James's price is $_____ less

than if the firm is a monopoly.
Business
1 answer:
vaieri [72.5K]3 years ago
3 0

Answer:

James's price is $4 less than if the firm is a monopoly. A further explanation is given below.

Explanation:

Marginal income should have been equivalent to the marginal cost expenses as there was a Monopoly. The marginal price is calculated at 8 dollars. That being said, marginal income is declining.

  • It costs $15 for maybe the first unit,
  • $13 for its second unit,
  • $11 for the third unit,
  • $9 only for the fourth unit,
  • $7 for the fifth unit.

When making the 4th unit, no marginal income as well as marginal cost becomes nearest. It, therefore, means that, as it generates 4 units, the Monopoly price would have been $12. Whether it is a reasonably open market, the cost should always be equivalent to marginal revenue, meaning $8 would be the price.

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Alpha Industries stock sold for $39 a share at the beginning of the year. During the year, the company paid a dividend of $3 a s
nadezda [96]

Answer: c. capital loss.

Explanation:

A capital loss refers to a scenario where the price of a security falls below the price at which it was purchased. This is what happened to the Alpha Industries stock above as the price dropped from $39 to $37 which led to a capital loss of $2.

The dividends paid seem to outweigh the capital loss but we cannot be certain of this unless we know the tax rate being applied to the dividends and because these are usually high, the after tax dividends might have been lower the capital loss of $2.

8 0
3 years ago
Beta Company expects to incur overhead costs of $20,000 per month and direct production costs of $125 per unit. The estimated pr
mina [271]

Answer:

$415

Explanation:

For computing the sales per unit first we have to determine the total sales value which is shown below:

Direct Production costs (1,000 units × $125)   $125,000

Fixed Overhead costs for the year = $20,000 × 12 months = $240,000

Total Costs for the year              $365,000

Gross Profit desired (1,000 units × $50)   $50,000

Total Sales Value desired = Costs + Profit $415,000

Now

Sales price per unit is

= $415,000 ÷ 1,000 units

= $415

This is the answer but the same is not provided

4 0
3 years ago
Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in
Nataly_w [17]
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$$10(20+n)\cdot 1000(40-n) = 10000(20+n)(40-n) = 10000(800+20n-n^2).$$

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8 0
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