The marginal revenue of this monopolist's 11th unit of output is; $2.80
<h3>How to find the Marginal Revenue?</h3>
Marginal revenue is defined as the amount that you gained after selling all your units at a certain price.
Revenue is different from profit, because profit has to incorporate the expenses incurred in order to produce the product. For total revenue, that would just represent the total sales of a firm or company. However, marginal revenue is the additional cost a consumer has to pay when he acquires an additional unit of the product. Thus, marginal revenue is the change of sales per unit product.
Formula for Marginal Revenue is;
Marginal Revenue = ΔRevenue/ΔNumber of units
Thus;
Marginal Revenue = [11($4.80) - 10($5)]/(11 - 10)
Marginal Revenue = $2.8 per unit
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A good practice for protecting computing devices is to: ensure your antivirus and other software are kept up-to-date.
Computing can be defined as a process that typically involves the use of computer hardware and software to manage, process and transmit data in order to successfully complete a goal-oriented task.
In Computer science, some examples of a computing device include the following:
- Central processing unit (CPU)
Generally, a good practice for protecting computing devices is to ensure your antivirus and other software are kept up-to-date. Thus, you shouldn't use an outdated software application on your computing devices.
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An examples of defensive action is Tagging a runner on the first-base line.
<h3>What is a defensive action?</h3>
Defensive action can be regarded as an action which help in protecting someone against harm or injury.
Being defensive help to make sure the harm does not come by, for instance, Tagging a runner on the first-base line can be seen as a defensive action.
CHECK THE COMPLETE QUESTION BELOW:
Which of the following is an example of a defensive action?
A. Attempting to steal second base.
B. Shooting a basket from the three-point line.
C. Kicking a soccer ball past the goalie.
D. Tagging a runner on the first-base line
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The parameters of the normal distribution of the thermometer readings are its mean and the standard deviation
The probability that a thermometer reading is between 99.86o F and 100.07o F is 0.5403
<h3>The sketch of the normal distribution of the thermometer</h3>
The given parameters are:
- Mean, μ = 100
- Standard deviation, σ = 0.15
Next, we draw the normal distribution using a graphing calculator.
See attachment for the sketch of the normal distribution of the thermometer
<h3>The probability that a thermometer reading is between 99.86o F and 100.07o F</h3>
This means that:
x = 99.86 and x = 100.07
The probability is calculated as:
P(99.86 < x < 100.07) = P(x > 99.86) - P(x < 100.07)
Using the attached graph, we have:
P(99.86 < x < 100.07) = 0.5403
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