Answer: $19,800
Explanation;
The Monopolist will maximize output at the point where Marginal Revenue equals Marginal Cost because at this point all resources are being fully utilized.
Total Cost = Average Total Cost * Quantity produced
At the point where MR=MC, the quantity produced is 1,100 units.
The Average Total Cost tallying with this is $18 per unit.
Total Cost = 18 * 1,100
= $19,800
Answer:
284%
Explanation:
You calculate it using the conversion method
Check out the mission statement and job opportunities on the website.
Find out who to address your cover letter to so that it is more personalized.
Answer:
As america's most important strength.
Explanation:
In the 1920s the wealthiest Americans (top 5%) earned around one third of the nation's income.
Back then, the working middle class was not the largest social class in the nation, most Americans should have been considered poor, while a small but very powerful and influential upper class existed. No politician would have dared to even suggest limiting the influence and power of the rich people (the owners of big businesses).
Answer:
<em>to efficiently and effectively utilize the resources that the management has in hand. </em>
<em>hope this helps</em><em> </em><em><</em><em>3</em>
