1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tia_tia [17]
3 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]3 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

You might be interested in
________ refers to the way entrepreneurs identify new products or services that may lead to promising businesses. A. Focused-bas
Arisa [49]

Answer:opportunity recognition

Explanation: identifieidentifies and selects entrepreneurial opportunities

4 0
3 years ago
How much do child life specialists make a month :)<br> just asking...<br> for a friend
expeople1 [14]
Uhh like any other job it varies but uhh on average I’d say about $50,000 a year. But it ranges from 15,000 to 120,000. And the average hourly pay is like $16-$25 and hour.

Hope this helps!
7 0
2 years ago
Emelia Vanderpuye retired this morning and has $1.5 million in her retirement account. She expects to live thirty years in retir
baherus [9]

Answer:

The applicable options are:

$7,997.75 $5,842.50 $6,955.93 $8,799.06

The first one ,$ 7,997.75   is correct answer

Explanation:

The amount of monthly withdrawal can be computed using the pmt formula in excel

=pmt(rate,nper,-pv,fv)

rate is the monthly rate of return which is 6%/12=0.5%

nper is the thirty years multiplied by 12 which is 360 months

pv is the current amount in her retirement savings which is $1.5 m

fv is the amount expected to be left in the account for children and grandchildren which is $1 m

=pmt(0.5%,360,-1500000,1000000)=$ 7,997.75  

The amount of monthly withdrawal is  7,997.75  

8 0
3 years ago
Matured Water Services had net income for the month of October of $ 50 comma 880. Assets as of the beginning and end of the mont
Lelu [443]

Answer:

12%

Explanation:

Given that,

Net income = $50,880

Asset at the beginning = 362,000

Asset at the end = 486,000

Average total assets:

= (Asset at the beginning + Asset at the end) ÷ 2

= (362,000 + 486,000) ÷ 2

= $424,000

Therefore,

ROA = Net income ÷ Average total assets

        = $50,880  ÷ $424,000

        = 0.12 or 12%

Therefore, the Matured Water Services' ROA for the month of October is 12%.

3 0
3 years ago
Explain if you believe all businesses should have the same promotional strategies.
Tanya [424]

Answer:

All businesses today have plenty of choices to promote their products or services. In order to create your brand's promotion, it is necessary to, first of all, have a good idea of what makes your product or service unique and what makes you differ from others in the competitive field – this helps you to discover how to promote your company.

Explanation:

Advertising is far-reaching, which allows a large number of people to promote their business. TV, radio, newspapers, magazines, billboards are traditionally included. Social media, ad search ads, notebooks, e-mail are included. These help to build a brand image to reach new and existing customers for companies.

Whilst personal sales are one of the most costly forms of promotion, they are also one of the most effective because they are related. Personal sales involve one person, in person, on the phone, or by e-mail, reaching your consumers.

Public relations, which involves developing a positive brand image in the media, are one of the best promotion techniques. It is a means of reaching your target audience through the sharing of favorable business information. Public relations efforts can be undertaken through press conferences, press releases, and media interviews.

In the short term, a sale promotion is a good way to improve your profit. Such promotion involves discounts, coupons, competitions, awards, loyalty programs, and other incentives that entice customers directly to purchase products.

7 0
3 years ago
Other questions:
  • What is the best definition of the term marginal?
    9·1 answer
  • My husband is 48 and wants to have relations every day what can i do
    12·1 answer
  • Why dress code important &amp; how you expect them to dress?
    5·2 answers
  • Jason and Jeanette are starting their business as a partnership along with eight other friends. They should understand that this
    15·1 answer
  • Hallowell Inc. has free cash flow of​ $2.5 million and 1.25 million shares outstanding. If you believe the price to cash flow ra
    13·1 answer
  • Oliver slips and falls on Port Harbor's Tour Boat and is injured. Oliver files a suit against Port Harbor for $500,000. If Olive
    7·1 answer
  • Zach wants to take his family on a cruise in 4 years and he estimates the cost of the cruise will be $16,500. How much money sho
    7·1 answer
  • Suppose Stan owns a piece of property with a large lake. Initially, Stan and his family were the only people who swam in the lak
    8·1 answer
  • The Rhaegel Corporation’s common stock has a beta of 1.7. If the risk-free rate is 5.7 percent and the expected return on the ma
    9·1 answer
  • Monty Corp. has been in business for several years. At the end of the current year, the ledger shows: Accounts Receivable $ 326,
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!