Answer:
Explanation:
a) since MR=MC, then 15-2Q=3+Q. So, the monopolist produce Q=4
price P=15-Q=10-4=6
profit=6*3-TC=18-(3+4+0.5*4^2)=3
b)since the P=6=6, domestic production will stay the same. The domestic consumption will stay the same. For Wilknam, it will import soccer balls.
c)yes, it holds that Wiknam will be an importer. Because the price for domestic production is 6 which is same as the world price 6.
d)Since the price within country is the same with price out of country, and also, MC=3+Q=7>6, Wiknam will import soccer balls. The monopolist market will become a competitive market.Even though the price won't change,the product will be of high quality and so on. The market will become more equilibrium.
Actually for this type of question simply take a picture
Yah and the and is use a calculater
Activity is something you do for fun
responsibility is something you have to take care of yourself
accomplishment is something you ill or have accomplished
skill is something that you were born to be able to do
aptitude is .............?????????
I believe it's the marketing mix?
Answer:
Explanation:
The expenses that Ryan can deduct for the business trips he had is calculated by summing up the expenses he had with regards to gasoline and the depreciation.
Cost of gasoline = (3,760 miles)($1,590/18,800 miles) = $318
Cost of depreciation = $4,800
Adding the costs will give us an answer of $5118.
Answer: $5,118
