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2 years ago

compared to a perfectly competitive market, a monopolist will produce _ units and chare a ___ price

Business

1 answer:

aniked [119]2 years ago

8 0

Answer:

some

good

Explanation:

it will be a total

and a few loss

it will sell fast

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A commercial bank will loan you $20,000 for four years to buy a car. The loan must be repaid in 48 equal monthly payments. The a

Lisa [10]

Answer:

Monthly payment = $469.701

Explanation:

Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.

The monthly equal installment is calculated as follows:

Monthly equal installment= Loan amount/Monthly annuity factor

Loan amount = 20,000

Monthly annuity factor =

=( 1-(1+r)^(-n))/r

r- Monthly interest rate (r)

= 6/12= 0.5%

n- Number of months ( n) = 20 × 4 = 48

Annuity factor

= ( 1- (1.005)^(-48)/0.005= 42.5803

Monthly installment= 20,000 /42.5803 = $469.701

Monthly installment = $469.701

Monthly payment = $469.701

8 0

3 years ago

f the unemployment rate is 8 percent, this means: a. 8 percent of the population is unemployed. b. 8 percent of the population o

hodyreva [135]

Answer:

c. 8 percent of the labor force is unemployed.

Explanation:

The Unemployment Rate measures the percentage of the total labor force that is unemployed while actively seeking employment during the previous month. If the unemployment rate is 8 percent, this means 8 percent of the labor force is unemployed. That also means, out of all the people actively seeking employment during the previous month, 8 percent are still unemployed or jobless.

3 0

3 years ago

The average ticket price for a concert at the opera house was $50. The average attendance was 2500. When the ticket price was r

Ber [7]

Answer:

The price per ticket should be $37.5

Explanation:

First we need to determine the change in demand (attendance) as a result of every $1 increase in the price of ticket.

The ticket price increased by $4 (from 50 to 54) and the demand fell by 400 (from 2500 to 2100). The change per dollar is, 400 / 4 = 100.

So, for every $1 increase in price, demand falls by 100.

The revenue is calculated by multiplying price by quantity demanded. Revenue equation will be,

Let x be the change in price from $50.

Revenue = (50 + x) * (2500 - 100x)

Revenue = 125000 - 5000x + 2500x - 100x²

Revenue = 125000 - 2500x - 100x²

To calculate the price that maximizes the revenue, we need to take the derivative of this equation.

d/dx = 0 - 1 * 2500x° - 2 * 100x

0 = -2500 - 200x

2500 = -200x

2500 / -200 = x

-12.5 = x

Price should be 50 - 12.5 = 37.5

At price $37.5 the revenue of the Opera House is maximized.

6 0

3 years ago

Alice purchases a rental house on August 22, 2017, for a cost of $174,000. Of this amount, $100,000 is considered to be allocabl

sergij07 [2.7K]

Answer:

correct option is c. $1,364

Explanation:

given data

purchases house = $174,000

cost of the home = $100,000

cost of the land = $74,000

solution

we know that here MACRS depreciation deduction is here on the $100000

because home only residential real property

and land is not depreciated assets

so here depreciation rate is 1.364 %

so that maximum depreciation deduction allowed is = $100,000 × 1.364

maximum depreciation deduction allowed = 1364

so correct option is c. $1,364

3 0

3 years ago

Suppose that Bobo purchases 1 pizza per month when the price is $19 and 3 pizzas per month when the price is $15. What is the pr

BabaBlast [244]

Bobo's demand curve is elastic hence his purchasing ability is easily influenced by a slight change in the price of the product

3 0

3 years ago

compared to a perfectly competitive market, a monopolist will produce _____ units and chare a _______ price

compared to a perfectly competitive market, a monopolist will produce _ units and chare a ___ price