skylerhenderson4217 skylerhenderson4217

02-11-2022
Business

Answered

suppose a monopoly concrete contractor builds 20 driveways per month for $10,000 each. in order to increase sales to 21 driveways, the contractor must lower the price of driveways to $9,500. the marginal revenue of the 21st driveway is group of answer choices -$500. $199,500. $500. $9,500.

Answer :

Other Questions

each day over a 30-day month, a business owner works 10 hours and makes 500 items which sell for $20 each. alternatively, she could have worked for a large comp

quick computing currently sells 12 million computer chips each year at a price of $21 per chip. it is about to introduce a new chip, and it forecasts annual sal

if the economy is experiencing a recessionary gap, then can close the gap. please choose the correct answer from the following choices, and then select the s

which of the following is not a necessary condition for effective price discrimination? a. consumers must tell the seller how much they are willing to pay for t

why might a company repurchase its own stock? group of answer choices it believes that the market undervalues its shares to offset dilutive effects of employee

suppose a stock had an initial price of $56 per share, paid a dividend of $1.60 per share during the year, and had an ending share price of $66. what was the di

bay transport systems (bts) currently has $30 million in debt outstanding. in addition to 6.5% interest, it plans to repay 5% of the remaining balance each year

market economies are distinguished from other types of economies largely on the basis of group of answer choices the political affiliations of government offici

your company has an roe on book value of 14% and a book value per share of $24 and can continue to achieve this return. the firm intends to plowback 70% of its

king, incorporated, has debt outstanding with a face value of $4.9 million. the value of the firm if it were entirely financed by equity would be $20.4 million.