Answer:
0.1 yen per dollar? if i got it wrong sorry
Explanation:
Since 10 divided by 1000 would be 0.1 yen wait is it the other way around?
For this case what you should do is to clear q in both equations with a price of p = 16 $
We have then:
For the demand
p = 48 - 2q
q = (48 - p) / 2
q = (48 - 16) / 2
q = 16
For the supply:
p = 12 + q
q = p-12
q = 16-12
q = 4
Answer:
if the town imposes a price ceiling of 16 dollars, and the quantity demand will be 16 while quantity supply will be 4.
Answer:
b. an economic profit of 100%.
Explanation:
A monopoly is when there is only one firm operating in the industry. There are high barriers to entry of firms in a monopoly. Profit is maximised where MR = MC.
Economic profit is affected by the entry or exit of firms into the industry in the long run. Due to the high barriers to entry, a monopoly earns economic profit in the long run.
I hope my answer helps you
Answer:
hii there
The correct answer is option ( A )
8 Step Problem Solving Process
Step 1: Define the Problem. What is the problem?
Step 2: Clarify the Problem.
Step 3: Define the Goals.
Step 4: Identify Root Cause of the Problem.
Step 5: Develop Action Plan.
Step 6: Execute Action Plan.
Step 7: Evaluate the Results.
Step 8: Continuously Improve
Explanation:
Hope it helps
have a nice day
Answer:
C. financial break-even point.
Explanation:
Break even point in economics is the point in the business, wherein cost and revenue generated are equal and business make no profit, no loss. Similary Financial break even has a same concept, however, it is a point in business, wherein earning before EBIT is equal to the fixed financial cost of the company and these fixed costs should be earned by the company to run its business and meet its fixed financial obligation. The earning above the financial break-even point is a profit to the shareholder.
Point in financial break even, wherein earning per share is equal to zero.
