Answer:
Explanation:
A monopolist Inverse Demand Curve is Given as: P=24-Q
And we are also Given the Marginal Cost (MC) = $6
The Revenue of the Monopolist would be:
R=PXQ = 24Q - Q
Marginal Revenue= 24-2Q
A) Monopolist would produce at the price corresponding to the quantity of : MR=MC
24 – 2Q = 6
20 = 24 – 6 = 18
Q = 9
SO the Profit maximizing price would be: P=24-Q = 24-9 = 15
Thus profit maximizing price and Quantity are: P^*= $15 and Q^*=9
Profit = Revenue - Cost
Cost = Average Cost * Quantity = 6Q
Profit = 24Q-Q2-6Q = 18Q - Q2 = 18 X 9 -9
Profit = 81
Part B::
Now Government imposes a tax, on this monopolist, T.
So new MC= 6+T
Lets solve for Profit maximizing Price:
MR=MC
24-2Q=6+T
Q=\frac{18-T}{2}
and Price:
P=24-Q = 24-\frac{18-T}{2}
P=15+\frac{T}{2}
Thus Now the monopolist would charge Half of this tax from consumers.
Answer: The Indians migrated over 30,000 years ago.
The answer is SAFEGUARD RULE. Safeguard rule requires financial institutions to develop written security information plan that list out in details the plans of the bank to protect and to maintain protection of the customers' non-public information.
I would say that the use of teams in the workplace follows their use in universities and colleges whereby many heads are better than one and also different types of expertise may be required at work such as geologists, electricicans, pipefitters, excavator operators, etc.
Answer:
O probationary period
Explanation:
Probation refers to the set amount of time that an employee needs work before they are made permanent. The objective of the probation period is to give the employee time to learn the business process and procedure. Probation enables employers to evaluate the new employees' work rate, discipline, habits, and attitudes before deciding whether to hire them as permanent workers or not.
From the data collected at probation, the employer may decide to promote the employee to permanent status, extend the probation period, or discontinue the worker. An employee under probation enjoys a salary and other benefits as the employer may decide.
