For a monopolist facing this demand curve, the profit-maximizing quantity is 50 and the profit-maximizing price is $2.
The curve is a payment card that aggregates multiple payment cards via a companion mobile app, allowing users to pay and withdraw from one card. You can 'change the bank card you paid with after each transaction is completed.
The curve allows you to change the card used for a particular purchase 30 days after purchase. This is useful if you accidentally use the wrong card or need to manage your credit limit.
In a simple closed curve, the shape is closed by lines or curves. Triangles, squares, circles, etc. are examples of closed curves. A curve that has the same start and end points and does not intersect is called a simple closed curve. A circle is a simple closed curve.
Learn more about curves here
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Answer:
$102,348.034
Explanation:
It is a simple problem of Compound Interest, we have to find the Principle amount invested.
Given:
Future value (F) = $260,000
Rate(R) = 6% = 6/100 = 0.06
Number of years (n) = 16 years
Initial deposit (C) = ?
Calculation:
$260,000/2.54035168 = C
$102,348.034 = C
So, Initial cash Deposit = $102,348.034
Answer:
$40,500
Explanation:
The computation of the total fixed cost is shown below:
= Factory building rent + Factory maintenance salaries + Factory supervisor’s salary, + depreciation expense + advertising cost
= $8,500 + $7,200 + $15,000 + $6,000 + $3,800
= $40,500
We simply applied the above formula So that the total fixed cost could come and the same is to be considered
Answer:
The answer is: D) $1.75
Explanation:
Consumer surplus is the difference between the maximum price that a consumer is willing to pay for a good and the actual price paid for the good.
Larry, Alan and Ryan were all willing to pay more for a bottle of soda than the actual price of the soda.
- Larry's consumer surplus = $2 - $1 = $1
- Alan's consumer surplus = $1.50 - $1 = $0.50
- Ryan's consumer surplus = $1.25 - $1 = $0.25
The total consumer surplus is $1 + $0.50 + $0.25 = $1.75
Answer:
The correct answer is (A) True.
Explanation:
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