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
Galina-37 [17]
3 years ago
6

You are the manager of a monopoly, and your analysts have estimated your demand and cost functions as P = 200 − 2Q and C(Q) = 1,

000 + 3Q2, respectively.
a. What price–quantity combination maximizes your firm’s profits?




Instructions: Round your response to the nearest penny (two decimal places).




Price: $


Quantity:

units



b. Calculate the maximum profits.




Instructions: Round your response to the nearest penny (two decimal places).




$






c. Is demand elastic, inelastic, or unit elastic at the profit-maximizing price–quantity combination?




multiple choice 1

Elastic

Unit elastic

Inelastic






d. What price–quantity combination maximizes revenue?




Instructions: Round your response to the nearest penny (two decim
Business
1 answer:
denpristay [2]3 years ago
7 0
The answer is A , correct me if i’m wrong
You might be interested in
​Ronald, Ross, and Carol opened a partnership firm. Ronald has a capital of​ $77,000; Ross has a capital of​ $119,000; and Carol
gtnhenbr [62]

Answer:

A. Carol, Capital is debited for $4,500

Explanation:

The question says to determine amount to be included in the journal entry to record Ronald's withdrawal from the partnership

Assumption: Equal Profit- loss sharing is the agreement between the existing partners.

First premise: Ronald's Capital in the Partnership = $77,000

However, Ronald received a payment of $86,000 meaning that there is an excess of $86,000-$77,000= $9,000

Since the agreement is equal profit and loss sharing, it means each of Ross and Carol will contribute 1/2 of the $9,000.

The journal entry to record this transaction is as follows:

Particulars                                          Debit                     Credit

Carol Capital Account                      $4,500

Ross Capital Account                       $4,500

Ronald Capital Account                                                  $9,000

Being the equal contribution of excess amount paid to Ronald on exit from the partnership by Carol and Ross.

Based on the multiple choices, the correct answer is Carol, Capital is debited for $4,500

4 0
3 years ago
A cost object is anything for which management desires a separate tracking of costs, while a cost driver is the factor that caus
blondinia [14]

Answer:

The correct answer is True.

Explanation:

This statement, a cost object is anything for which management desires a separate tracking of costs, while a cost driver is the factor that causes the cost object to increase or decrease, is correct.

These terms are mostly used in activity based costing (ABC) system.

Examples of Cost Object are material procurement costs, quality control costs, materal handling costs, line set up costs e.t.c.

Example of Cost drivers are number of purchase orders, number of inspections, numbers of set-ups e.t.c.

6 0
3 years ago
As Bubba's Bubble Gum Company adds workers while using the same amount of machinery, some workers may be underutilized because t
Allisa [31]

Answer: diminishing marginal product

Explanation:

A. When a firm in the market increase its level of production it results in reduction of cost which is called economies of scale.

B. Increase in cost that resulted due to unnecessary increase in level of production is called diseconomies of scale.

C. Increasing marginal product can be defined as the increase in output resulting due to employment of one more unit of input such as labor.

D.  Diminishing marginal product can be defined as the decrease in output resulting due to employment of one more unit of input such as labor.

From the above explanation we can conclude that right answer is diminishing marginal product .

4 0
3 years ago
Two years ago, Kimberly became a 30 percent partner in the KST Partnership with a contribution of investment land with a $10,000
klio [65]

Answer:

A. $6,000

B. $13,000

Explanation:

A. Calculation to determine Kimberly’s remaining basis in KST after the distribution

Basis in KST$ 15,000

Add §737 gain $3,000

($15,000-$12,000)

Deduct Carryover basis in land ($12,000)

Remaining basis in KST $6,000

($15,000+$3,000-$12,000).

Therefore Kimberly’s remaining basis in KST after the distribution will be $6,000

B. Calculation to determine KST’s basis in the land Kimberly contributed after Kimberly receives this distribution

KST basis upon contribution $10,000

Add Kimberly’s §737 gain $3,000

($15,000-$12,000)

KST’s basis in land $13,000

($10,000+$3,000)

Therefore KST’s basis in the land Kimberly contributed after Kimberly receives this distribution is $13,000

6 0
3 years ago
f the project manager controls when and what people do while the functional managers control who will be assigned to the project
faust18 [17]

Answer:

The correct answer is Matrix.

Explanation:

In a matrix structure each manager is in charge of the results and tasks executed in his area. Employees are usually accountable to one person who generally manages the project and to another who directs a specific area. The great advantage of this structure is that it allows direct communication, making it possible to take corrective measures faster, in the same way it allows each person to focus on each task so that they can transmit some requirement to the closest person.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Questioning of a witness by anyone other than the party who called the witness is _______ examination.
    9·1 answer
  • The basic goal in dealing with the problem of scarcity is
    6·1 answer
  • a nurse teaches a client who is being discharge home. the client has a t-tube after an open cholecystectomy. which statement mad
    14·1 answer
  • Instead of treating mobile commerce and traditional retailing as separate retail channels, the National Retail Federation recomm
    8·1 answer
  • Help me on statistics Homework.
    9·1 answer
  • The fundamental purpose of an organization's mission statement is to:
    5·1 answer
  • A building was purchased for $66,500. The asset has an expected useful life of eight years and depreciation expense each year is
    7·1 answer
  • You have responsibility for economic policy in the country of Freedonia. Recently, the neighboring country of Sylvania has cut o
    11·1 answer
  • As you move from job shop towards continuous process: A. Your capital intensity decreases B. Your volume decreases C. Your custo
    9·1 answer
  • it is often said that the poor are economically vulnerable and thus are the ones most affected by recession. Why is it so?​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!