In using a marginal cost pricing rule to regulate a natural monopolist, losses would be sustained by the firm because the price is below the average total cost.
The marginal cost, or price of producing more, is the variation in total cost that results from increasing the quantity produced in economics. It can refer to an increase of one unit of output in some settings and to the rate of change of total cost as output increases by a tiny amount in others. The marginal cost is the slope of the total cost, or the rate at which it increases with output, and is expressed in dollars per unit while the total cost is expressed in dollars. The difference between average cost, which is the entire cost divided by the quantity of units produced, and marginal cost is that latter.
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Answer:
a. Research the attitudes that men under 35 have towards eSports.
Explanation:
The research process involves detailed analysis and data collection from the people. Esport is gaining significance in the world but men may have different perspective towards the eSports. The eSport is virtual and there is no physical activity involved in the sports. Men may reject the eSport idea as the sport activity is to maintain their physical strength.
Answer:
2.7:1
Explanation:
Calculation to determine what The current ratio for 2012 is
Using this formula
The current ratio for 2012= Current assets/Current liabilities
Let plug in the formula
Current ratio for 2012= ($81,000/$30,000)
Current ratio for 2012=2.7:1
Therefore The current ratio for 2012 is 2.7:1
Answer: (B) Design optimization
Explanation:
The design optimization is the process of the design methodology in which we using the various types of optimal design for solving the designing related problems and issues in the system.
According to the given situation, the design optimization is one of the type of activity for designing the six sigma and it basically helps in achieving the high reliability and also ensure all the design are easily assembled and manufactured properly.
Therefore, Option (B) is correct.
Answer:
Decrease demand for Wendy's products.
Explanation:
This is because Wendy's is aware of the cross elasticity of demand and the effect it can have on Wendy's given a change in price of its competitors. Since the competitors are all substitute goods which means that a decrease in price of any substitute that is the competitor product will shift people from buying Wendy's to these competitors, thus reducing Wendy's product demand and its revenue.
Cross elasticity of demand for substitutes is 1> . Hence the qty demanded for Wendy's will fall more than the increased revenue by charging higher price than its competitors.
Hope that helps.
