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KATRIN_1 [288]
3 years ago
15

A monopolist can sell 15 toys per day for $12.50 each. To sell 16 toys per day, the price must be cut to $12.20. The marginal re

venue of the 16th toy is:_________.A. $12.20.B. $-0.30.C. $7.70 .D. $16.
Business
1 answer:
inessss [21]3 years ago
8 0

Answer:

A monopolist can sell 15 toys per day for $12.50 each. To sell 16 toys per day, the price must be cut to $12.20. The marginal revenue of the 16th toy is:_________.

A. $12.20.

Explanation:

For this monopolist, the marginal revenue is the incremental revenue which it generates from each additional unit of sales.  It can also be expressed as the rate at which total revenue changes from what it was before now.  In this case, the additional revenue that the monopolist will get from selling one additional unit is $12.20.  It is the additional revenue that the monopolist gets for the 16th item.

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Intrinsic motivation contributes to the ________ of work; Incentives contribute to the ________ of work.a. quality; outcomeb. qu
aliina [53]

Answer:

quality:quantity

Explanation:

Intrinsic motivation contributes to the quality of work; incentives contribute to the quantity of work.

This is straight from one of the theories of reward management. These theories agree on a few broad strokes but fundamentally disagree on the overidiing motivation of human workers. Some giants in this field include Maslow, Vroom, Taylor, etc.

8 0
3 years ago
Ang Li has found it rather hard to move up in her managerial career at her workplace especially when compared to how fellow grad
aleksklad [387]

Answer: A glass ceiling

Explanation:  

 A glass ceiling is basically refers to the hidden barrier that monitoring the women advancement and also the minority level based on the leadership position, careers and also the discriminate in the workplace.

According to the given scenario, the given situation suggesting about the presence of a glass ceiling in the Li's organization due to the discrimination in the workplace on the basis of achievement an also the high qualification.  

 Therefore, Glass ceiling is the correct answer.  

5 0
3 years ago
Waddell Company had the following balances in its accounting records as of December 31, 2015:
Lilit [14]

a. The amount of land on the balance sheet will be $36,000 which is historical cost of the land. Land is not subject to depreciation so it is recorded at historical cost and not carrying value.

b. The amount of rent expense reported on Income statement will be $5,500 [ $ 6,000 * 11 /12 months ]

c. The total amount of liabilities reported on the balance sheet will be $43,800. This includes the contingent liabilities and warranties.

Learn more at brainly.com/question/24540829

8 0
3 years ago
Hard Nails and Bright Nails are competing nail salons. Both companies have the same number of customers. Both charge the same pr
NemiM [27]

Answer:

Option A is correct.

will earn a higher profit than Bright Nails

Explanation:

If sales of both saloons increases by an equal amount then Hard Nails<u> will earn a higher profit than Bright Nails. </u>

  • The strategy of Hard Nails is that it is paying it's manicurists on a salary basis i.e it is a fixed cost. If sales increases Hard Nails will not give any extra amount to it's manicurists.
  • On the other hand the strategy of Bright Nails is that it is paying it's manicurists on the basis of no. of customers they serve. So, if sales increases then it have to pay more amount to it's manicurists.
3 0
3 years ago
Department 1 completed and transferred out 450 units and had ending work in process inventory of 60 units. The ending inventory
hoa [83]

Answer:

Equivalent units= 486 units

Explanation:

Giving the following information:

Units completed= 450

Ending work in process= 60 units

The ending inventory is 20% complete for materials and 60% complete for labor and overhead.

<u>To calculate the equivalent units of production, we need to use the following formula:</u>

Units started and completed = units completed - beginning WIP

Ending work in process completed= Ending WIP* %completed

=Number of equivalent units

Units started and completed = 450 - 0= 450

Ending work in process completed= 60*0.6= 36

= 486 units

6 0
3 years ago
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