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Afina-wow [57]
3 years ago
13

If a monopolist is able to increase the amount of product she sells from 400 to 420 units by lowering the price of that product

from $50 to $45, her marginal revenue is: multiple choice $-55.
Business
1 answer:
elixir [45]3 years ago
4 0

Answer:

-$55

Explanation:

The computation of the marginal revenue is shown below:

As we know that

Total revenue = Price × Quantity

For 400 units, the total revenue is

= 400 × $50

= $20,000

And for 420, the total revenue is

= 420 × $45

= $18,900

Now the marginal revenue is

= ($18,900 - $20,000) ÷ (420 units - 400 units)

= -$55

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Sarah is paid minimum wage as a fast food worker. although she has enough money for food, clothing, and shelter, her wage is sig
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3 0
3 years ago
Select the example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract.
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The example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract is:

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Factors that can effect prices could include advances in technology, changes in prices of raw materials or new government taxes.
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3 years ago
IM WASTING 50 POINTS SO PLEASE ANSWER!
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Answer:

One of the key aspects of choosing the best career is by thinking about yourself. Many people in your life can tell you what you should do, or what they think you’d be good at, but the only person who truly knows which career is best, is yourself.

Start by thinking about your passions and what you’re interested in. If you have a love for writing, a career in construction, for example, may not be the best fit. Instead, you’d look at more creative fields such as journalism, copywriting or even creative writing. Knowing and discovering what you enjoy and feel passionate about will give you a strong start to discovering a career path for you.

I hope this will help you,

God blessed you

4 0
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Read 2 more answers
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