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tia_tia [17]
2 years ago
11

Suppose that a monopoly computer chip maker increases production from 10 microchips to 11 microchips. If the market price declin

es from $30 per unit to $29 per unit, marginal revenue for the eleventh unit is:
Business
1 answer:
Sergeu [11.5K]2 years ago
5 0

Answer:

$19

Explanation:

Marginal revenue is the change in revenue when production increases by one unit

Marginal revenue = change in total revenue / change in quantity produced

total revenue 1 = $30 x 10 = $300

Total revenue 2 = $29 x 11 = $319

change in total revenue = $319 - $3000 = $19

Change in quantity produced = 11 - 10 = 1

Marginal revenue = $19 / 1 = 19

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Answer:

C. the purchase of new buses by Greyhound

Explanation:

The investment is the amount that should be invested in order to generate the income

So as per the given situation,the option C is correct as if we puchase the new buses so there is a big investment but after investing into it it generated the income on daily basis

So this should be the example of the investment

4 0
3 years ago
Q 2.29: Val-Tek has current assets of $1,700,000 and current liabilities of $900,000. If they pay $100,000 owed to a creditor, w
irina1246 [14]

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Explanation:

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3 0
3 years ago
Read 2 more answers
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Answer:

C. Proofreading

Explanation:

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5 0
3 years ago
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8 0
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NikAS [45]

Answer:

a) the leader presents ideas and invites questions.

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