Questions
A monopolist faces the following demand curve, marginal revenue curve, total cost curve and marginal cost...

A monopolist faces the following demand curve, marginal revenue curve, total cost curve and marginal cost curve for its product: Q = 200 - 2P MR = 100 - Q TC = 5Q MC = 5 a. What is the profit maximizing level of output? (10 pts.) b. What is the profit maximizing price? (8 pts.) c. How much profit does the monopolist earn? (10 pts.)Immersive Reader (28 Points)  

In: Economics

selling price of unit is p=14-q2, state the math expression and graph for revenue. please explain...

selling price of unit is p=14-q2, state the math expression and graph for revenue. please explain answer

In: Economics

Which accounts are translated using current exchange rates? All revenue and expenses All noncurrent assets and...

Which accounts are translated using current exchange rates?

All revenue and expenses All noncurrent assets and liabilities All assets and liabilities All current assets and liabilities Cash, receivables, and most liabilities.

In: Accounting

6.4) 1. U.S. Internet advertising revenue grew at the rate of R(t) = 0.82t + 1.14    (0...

6.4) 1. U.S. Internet advertising revenue grew at the rate of

R(t) = 0.82t + 1.14    (0 ≤ t ≤ 4)

billion dollars/year between 2002

(t = 0)

and 2006

(t = 4).

The advertising revenue in 2002 was $5.9 billion.†

(a)

Find an expression f(t) giving the advertising revenue in year t.

f(t) =

(b)

If the trend continued, what was the Internet advertising revenue in 2009? (Enter your answer in billions of dollars. Round your answer to two decimal places.)

$ billion

6.5 1.) The increase in carbon dioxide (CO2) in the atmosphere is a major cause of global warming. Using data obtained by Charles David Keeling, professor at Scripps Institution of Oceanography, the average amount of CO2 in the atmosphere from 1958 through 2010 is approximated by

A(t) = 0.012313t2 + 0.7545t + 313.9    (1 ≤ t ≤ 53)

where A(t) is measured in parts per million volume (ppmv) and t in years, with t = 1 corresponding to 1958.† Find the average amount of CO2 in the atmosphere from 1958 through 2010. (Round your answer to two decimal places.)

6.7.1) It is known that the quantity demanded of a certain make of portable hair dryer is x hundred units/week and the corresponding wholesale unit price is

p =

529 − 8x

dollars. Determine the consumers' surplus if the market price is set at $15/unit. (Round your answer to two decimal places.)
$

6.7.2) The manufacturer of a brand of mattresses will make x hundred units available in the market when the unit price is

p = 150 + 90e0.04x

dollars.

(a) Find the number of mattresses the manufacturer will make available in the market place if the unit price is set at $400/mattress. (Round your answer to the nearest integer.)
mattresses

(b) Use the result of part (a) to find the producers' surplus if the unit price is set at $400/mattress. (Round your answer to the nearest dollar.)
$

In: Math

A manufacturer estimates marginal revenue to be 300q^(−1/2) dollars per unit when the level of production...

A manufacturer estimates marginal revenue to be 300q^(−1/2) dollars per unit when the level of production is q units each hour. The corresponding marginal cost has been found to be 0.6q dollars per unit. If the manufacturer's profit is 2000 dollars when the hourly level of production is 64 units, what is the profit when the level of production is 100 units each hour?

Profit = _____

In: Accounting

MDI Enterprises prepared the following income statement for June: Sales revenue (6,000 units) $150,000 Cost of...

MDI Enterprises prepared the following income statement for June: Sales revenue (6,000 units) $150,000 Cost of goods sold: Fixed costs $18,000 Variable costs 30,000 48,000 Gross profit 102,000 Operating expenses: Fixed costs 27,000 Variable costs 12,000 39,000 Operating income $ 63,000 How many units must MDI sell in order to break-even?

2,500 units

900 units

3,480 units

There is not enough information provided to determine the answer.

In: Accounting

Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue...

Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $300,000 and its net operating income was $24,000. If fixed expenses totaled $96,000 for the year, the break-even point in unit sales was:

  • 12,000 units

  • 9,900 units

  • 15,000 units

  • 14,100 units

In: Accounting

Let R(x), C(x), and P(x) be, respectively, the revenue, cost, and profit, in dollars, from the...

Let R(x), C(x), and P(x) be, respectively, the revenue, cost, and profit, in dollars, from the production and sale of x items. If R(x) = 6x and C(x) = 0.005x^2 + 2.5x + 40, find each of the following.

a) P(x)

b) R(150), C(150), and P(150)

c) R'(x), C'(x), and P'(x)

d) R'(150), C'(150), and P'(150)

In: Math

1)An online stock trading company makes part of their revenue from clients when the clients trade...

1)An online stock trading company makes part of their revenue from clients when the clients trade stocks therefore, it is important to the company to have an good idea of how many trades its clients are making in a given year. In a sample of 120 clients of an online stock trading company, the average number of trades per year was 82 with a standard deviation of 16. If you were to test the hypothesis that the average number of trades per year is different than the previous year when the average number of trades was 85 (using the 5% level of significance), what is p-value for this test? (please round your answer to 4 decimal places)

2)Nationwide, the mean amount of sales each week at Lowe’s store is normally distributed with a mean of $5.2 million with a standard deviation of $0.86 million. Lowe’s has decided to close 15% of its stores, and has chosen amount of sales as the criterion on which the decision will be based (they are going to close the 15% of the stores with the lowest sales). How much in sales does a store have to have in order to not be closed? (please express your answer in millions and round your answer to 2 decimal places)

In: Statistics and Probability

According to the Blockbuster FY 2004 10K, what change in Blockbuster revenue, net income, liquidity, leverage,...

According to the Blockbuster FY 2004 10K, what change in Blockbuster revenue, net income, liquidity, leverage, turnover, profitability, and/or market value measures are most descriptive Blockbuster’s performance for the period 2003 through 2004? How did the overall market change over that time frame? How has Netflix performed in this time frame? Select the single best available answer from those presented below. Group of answer choices

A) Experienced a massive loss of shareholders' equity; consumer spending for in-home movie viewing in the United States increased; revenues and subscribers have more than tripled.

B) Maintained a stable dividend; DVD sales increased; experienced their first Net income gains .

C)Experienced a massive loss of shareholders' equity; DVD sales increased; experienced Net income losses.

D) Maintained a stable dividend; consumer spending for in-home movie viewing in the United States increased; revenues and subscribers have more than tripled.

In: Economics