Q: EXPLAIN RELATIONSHIP BETWEEN THE MARGINAL REVENUE AND THE AVERAGE REVENUE.
A: According to the given question Marginal revenue in simple words we can say that is the introduction…
Q: Given the data in the table, what is the marginal revenue when the 15th unit is sold?
A: Marginal revenue is the ratio of change in total revenue and change in quantity. Total revenue =…
Q: marginal profit is $30 and marginal revenue is $84 Calculate marginal cost
A: The given information is as follows:- Marginal profit= $30 Marginal revenue = $84 We need to find…
Q: Suppose it costs c(x) = x³ – 6x? + 15x dollars to produce x radiators when 8 to 10 radiators are…
A: Marginal revenue is the additional revenue earned from the sale of an extra unit of output. Marginal…
Q: Westhouse can sell 30 generator at a price of at most $5,000 dollars and can sell 31 generators at a…
A: Marginal Revenue is considered as the change in the total revenue generated by the firm when it…
Q: Calculate the marginal cost when marginal profit is 30 and marginal revenue is 70
A: # Marginal profit is given as the difference between marginal revenue and marginal cost.
Q: If marginal revenue is $45 and the change In output is 4 units What will be the change in total…
A: The information given to us is:- Marginal revenue = $45 Change in the output = 4 units We have to…
Q: When a firm reduces the level of output it produces, it can reduce: its average fixed and average…
A: * ANSWER :- The OPTION B (its variable costs but not its fixed costs) is correct answer.
Q: Can the marginal revenue be negative??? True/False
A: Marginal revenue refers to the amount of additional revenue thay a producer gets when he produces…
Q: ← Lorie teaches singing. Her fixed costs are $1,000 a month, and it costs her $50 of labor to give…
A: Economic Profit:- The disparity among the proceeds from the sale of a product and the prices of all…
Q: Calculate the value of Marginalr revenue when change in total revenue is $310 and the change in…
A: The data presented in the question above is:- Change in total revenue = $310 Change in output = 5…
Q: Calculate the value of Marginal revenue if change in total revenue is $68 and the change in output…
A: The Given information is as follows:- Change in total revenue = $68 Change in output = 7 units We…
Q: Use the table to compute the marginal revenue and marginal cost
A: Marginal revenue is given as the additional revenue generated by producing one more unit of a good.…
Q: . What is the marginal revenue obtained from selling the 4th unit?
A: Marginal revenue is the change in the total revenue that results from the sale of an additional unit…
Q: What is the Total Revenue from selling 3 units? What is the Marginal Revenue from selling the 3rd…
A: A monopolist is an individual seller who has complete control over the market. In a monopolistic…
Q: It is given that the value of marginal Revenue is $110 and tha marginal cost is $66 Calculate the…
A: Marginal revenue is the addition to total revenue when one one more output unit gets sold. Marginal…
Q: You sell items. Your marginal revenue and marginal cost are given by the formulas: MR (q)=…
A: The firm would involve the cost of the production of the goods and services to produce goods and…
Q: The marginal profit is $20 and marginal cost is $100 Calculate Marginal revenue
A: The Information being given is:- Marginal profit = $20 Marginal cost = $100 We have to calculate…
Q: a) What is the equation for the firm's short-run marginal cost (SRMC) curve. Draw it on a graph with…
A: Here, the short run total cost is SRTC=200+5q+0.5q2 where q is the number of rugs a firm produces.…
Q: A company that sells beef to consumers and producers of beef jerky. The firm's demand function D and…
A: To draw the graph of company, we derive values of demand function and MR , MC P D1 D2 MR1 MR2…
Q: What is the total revenue (TR) function in terms of Q? O 120,000Q – 10,000 x Q? 12Q - 10,000 O…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Calculate marginal revenue if Marginal cost is $300 and marginal profit is also $300
A: Given : Marginal Cost = $300 Marginal Profit = $300
Q: Calculate the value of Marginal revenue when total revenue rise from $400 to $600 and the output…
A: # Marginal revenue is given as the additional Revenue added to the value of total revenue when sales…
Q: b. Under which condition marginal revenue can be negative? Explain with the help of an example. only…
A: Marginal revenue is less than the average revenue and may even be negative when a corporation faces…
Q: Find the marginal revenue at a próduction
A: Given - P = 400 -0.2x Where P is price and x is quantity
Q: The following data refers to the revenue and costs (in million rupees) of a firm. Output (units)…
A: Answer:-
Q: onald's profit-maximising quantity is 20 cronuts, what is the market price per cronut at that…
A: In financial hypothesis, perfect competition happens when all organizations sell indistinguishable…
Q: What is Economic profit
A: Economic profit refers to the profit that obtained by deducting the implicit cost or opportunity…
Q: If marginal revenue is $30 and marginal cost is $15 Calculate marginal profit
A: The information being given is:- Marginal revenue = $30 Marginal cost = $15 We have to calculate the…
Q: Why must the marginal revenue be equal to the marginal cost for a producer? Explain.
A: Marginal revenue (MR) is the increase in revenue that results from the sale of one additional unit…
Q: If marginal profit and marginal cost are $4 and $36 respectively Calculate marginal revenue
A: Marginal Revenue is the revenue per additional sale of unit , so here we calculate the value of…
Q: Define the excess capacity and calculate it from a graph. Define a mark-up and calculate it from a…
A: Solution: Capacity Excess: It refers to the difference between optimum output and the output…
Q: If marginal profit is $33 and marginal revenue is $80 What's the value of Marginal cost
A: The data presented in the question is:- Marginal profit of the firm = $33 Marginal revenue = $80…
Q: Calculate marginal revenue for Q7. Quantity Total Revenue Marginal Revenue (Q) (TR (MR) 200 500 900…
A: Revenue is the amount received by the sellers they sell the commodities in the market at particular…
Q: R(x) In(7x + 7) Find the marginal revenue when 225 Blazing Blue snowmobiles are sold. a) R'(225) :…
A: Total revenue is the total amount of income earned by selling the output. Marginal revenue is the…
Q: How do you calculate marginal cost and marginal revenue?
A: Marginal revenue: Marginal revenue refers to the additional revenue that made by selling of one…
Q: firm total revenue curve is given by TR = aQ - 2Q². Is this a pe mpetitive firm? Explain why or why…
A: In a perfectly competitive market, there are many buyers and sellers with free entry and exit of…
Q: Vhich of the following is/are correct (assume quantity can be non-integer)? When average cost is…
A: Marginal revenue is the additional revenue earned by selling one additional unit of the output.…
Q: Calculate Marginal profit given that marginal revenue is two times that of marginal cost
A: The given information is as follows:- Marginal revenue is two times that of total cost i.e MR = 2 MC…
Q: Calculate Marginal profit if the value of marginal revenue is 105 and marginal cost is 60
A: # Marginal profit is calculated by the formula:- Marginal profit = Marginal revenue - Marginal cost…
Q: If this cruise line faces a perfectly competitive market, calculate its net revenue would it be…
A: Net revenue is the company’s revenue net of discounts and returns. Sometimes it also considers as…
Q: Calculate marginal Revenue if it's given:- Change in total revenue = $350 Change in output = 20…
A: The data presented in the question above is:- Change in total revenue = $350 Change in output = 20…
Q: Calculate the value of marginal profit when marginal revenue Is $400 and the marginal cost is $230
A: # The marginal revenue and marginal cost helps us gain the idea about the marginal profit. The…
Q: If marginal cost and marginal revenue of a firm A is $30 and $56 respectively Calculate the value…
A: The information being given is:- Marginal cost of firm A = $30 Marginal revenue of firm A = $56 We…
Q: Calculate the value of Marginal revenue if total revenue change by $180 and the total output change…
A: According to the above given question, the values given are:- Change in total revenue = $180 Change…
Q: Demand equation of a producer is: P = 270 Q- 2,4 * Q? a) Which is the expression of the TOTAL…
A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: Consider the total cost and total revenue given in the following table: Quant Total Total Prof…
A: Give firm has costs and revenues for different levels of output.
Q: Output TC MC ATC 25,300 $ 103,000 $ 153,000 0.53 50,300 1.03 es 75,300 190,500 2.53 100,300 278,500…
A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
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- An insurance company is covered by occurrence reinsurance with a layer of 750 and an attachment of 250. In a given year, it experiences individual loss occurrences of 50, 850, 300, and 2,100. What are the annual aggregate gross and net loss amounts for the company?Use MACRS to compute the depreciation schedule for office furniture purchased for $80,000 (use the 7 yr depreciation schedule). Assume salvage value is $10,000. Please show how you did the work for each year.You have started a business and purchased a new truck (asset class 00.22). The cost basis for depreciation purposes is $175,000. Salvage value at year six is $20,000. ***Assume it will be depreciated under the GDS: a. What is the MACRS depreciation in the third year? b. What is the cumulative depreciation through the end of year three? C.What is the BV at the end of third year if the equipment is disposed of at that time? d. What will be the gain(loss) for tax if you sell the equipment for $40,000 at the end of year three?
- Carl is curious about the original cost of the digital imaging equipment he uses at the First National Bank. Accounting cannot tell him the cost, butthey know the annual depreciation over an 8-year period is $18,900 per year. If all items are straightline depreciated and the salvage is always 25% of the first cost, estimate the original cost.An equipment costs $12,000 and can be sold at the end of 5 years for $300. What is the depreciation for year 3 if the sum of years’ digits depreciation method was used? (THIS IS ECONOMCS QUESTION DONT SKIP UNDER ANY OTHER SUBJECT) OTHERWISE WILL DOWNVOTE a. $2,340 b. $2,000 c. $3,200 d. $1,656Western Processors Ltd manufactures and distributes a wide range of consumer products from itslocation in Kingston Jamaica. The firm imports raw materials from North and South America andexports its products to several international markets. The firm also has a high market share locallyand in its overseas markets for its wide range of high and low-value products. Management of thecompany believes that the company could significantly improve both distribution andenvironmental impact from transportation by investigating the possibility of using various modesof transportation for its various consumer products. Required:A. The company designs its transportation network so that a Distribution Centre servesseveral large customers in its local and international markets. Outline how the companycan use such a network to reduce transportation costs while replenishing inventory morefrequently.
- Based on the data provided here, calculate the items requested: Annual depreciation $ 2,500 Annual mileage 13,800 Current year's loan interest $ 670 Miles per gallon 24 Insurance $ 755 License and registration fees $ 90 Average gasoline price $ 4.00 per gallon Oil changes/repairs $ 520 Parking/tolls $ 520 a. Calculate total annual operating cost of the motor vehicle. b) What is the operating cost per mile?For the year 2020, what is total amount of Property,Plant & Equipment (PPE) for Woolworths Group Ltd & Coles Group Ltd? Both are Australian Companies. See 2020 Annual Report and answer it.Problem 11:Hick's Furniture Company (not a real company) sellsindustrial furniture for office buildings. During the current year, the company reported costs of goods soldon its income statement of $1,650,000. The company'sbeginning inventory was $2,750,000, and its endinginventory was $3,825,000 (all in U.S. dollars). What is thecompany's inventory turnover ration for the current year?
- for this year, XYZ anticipates the following: revene = 20000 expenses: operation and maintenance cost = 8500 depreciation = 3200 assume tax rate is 27% calculate taxable income calculate income tax calcualte net income calculate the net cash flow for operationsCalculate the value of depreciation of gross value is $120 million and the net value is $100 millionA robotic company recorded the following the past year: revenues = $300,000; expenses = $50,000; depreciation = $70,000; effective income tax rate = 35%. What is the company’s ATCF that year?