The space between a cover letter closing and the author's typewritten name is called the signature line. This would be the space where you would either physically sign your name with a pen above the type written name once you have printed the letter out or if you are sending it electronically where you would insert a copy of your signature. You must always have a signature on cover letters.
The answer is $7 because Marginal revenue is the change in total revenue from 10 customers ($400) to 11 customers ($407) How a monopolist maximizes profits
How does a monopolist determine its profit-maximizing level of output How does it determine the price that it charges?
The monopolist will select the profit-maximizing level of output where
MR = MC
and then charge the price for that quantity of output as determined by the market demand curve. If that price is above average cost, the monopolist earns positive profits.
How a monopolist maximizes profits
Because Chuck, a sole commercial airplane operator in small isolated town, has no competition, he has complete control of market price of air travel in his small tone
Reduced price → increase in ticket sales
Monopoly maximizes profit by choosing an amount of profit in which marginal revenue equals marginal cost (MR= MC) Since Chuck must reduce his price to sell more units, he has an incentive to sell a smaller quantity than a perfective competitive company
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Answer:
$4,292,699.99
Explanation:
Calculation to determine How much in new fixed assets are required to support this growth in sales
Full capacity sales = $800,000/0.95 = $842,105.26
Capital intensity ratio = $480,000/ $842,105.26 = 0.57000000
Fixed asset need = ($890,000 × 0.57000000) - $480,000 = $4,292,699.99
Total Cost of <span>Insurance Coverage
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Solution:
The total cost for the company is the sum of its fixed cost and variable costs.
Corporate expenditures that do not depend on the amount of goods or services provided by the company are fixed costs.
Variable costs are expenses that change when changes occur in the sum of the good or service produced by a company.
C(x) = 90000 + 100x
C(110) = 90000 + 100 ( 110 )
C(110) = 90,000 + 11, 000 = 101,000
It costs $101,000 to produce 110 bicycles.
