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faust18 [17]
2 years ago
11

A monopolist faces a demand curve given by: P = 220 – 3Q, where P is the price of the good and Q is the quantity demanded. The m

arginal cost of production is constant and is equal to $40. There are no fixed costs of production. What is the deadweight loss associated with this monopoly?
Business
1 answer:
Montano1993 [528]2 years ago
8 0

Answer:

$1350

Explanation:

To find dead weight loss we will take into consideration the price and output level of both monopoly and perfect competition.

Dead weight loss = {(P2 - P1) * (Q1-Q2)} / 2

Where, P2 and Q2 are price and quantity respectively of monopolist and P1 and Q1 are price and quantity respectively of perfect competiton.

Dead weight loss = {(130-40) * (60-30)}/2

= (90*30)/2

= $1350

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Answer:

The equivalent annual cost of an oven is (A) -$74.839.43

Explanation:

Hi

<u>Known Data</u>

Operating cost=OC=\$34,300,n=15, VP=\$249,000 and i=14\%

<u>Computing total cost per year</u>

We are going to use the formula below with the known data.

A=\frac{VP}{\frac{1-(1+i)^{-n}}{i} } =\frac{249000}{\frac{1-(1+0.14)^{-15}}{0.14} }=40539.43. Then this is the fixed amortization cost per year.

Finally, we sum the fixed amortization cost per year and the operating cost:

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3 0
2 years ago
A carton of eggs broke onto the floor in the dairy section, making the floor slippery. Little Johnny slipped, fell, and hit his
Stella [2.4K]

Answer:

premises

Explanation:

The grocery store incurs premises liability for his injuries. This form of liability is a legal concept that has to do with personal injuries that have been caused by some form of unsafe or defective conditions on someone's property, usually due to negligence. This is exactly what happened in this scenario since it was negligent of the store to not have cleaned up the mess made by the broken eggs which ultimately caused Johnny to fall.

4 0
2 years ago
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vfiekz [6]

Answer:

The answers are:

A) 4.23 years

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Explanation:

The cost of the deadlocks including installation is $110 for each exterior door ($220 total). The cost for installing smoke detectors is $24 for each floor ($48 total).

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B) It will take Dave and Ellen 1.08 years ("26/$24) to recover the money spent on the smoke detectors.

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2 years ago
Which type of entry mode in international business is also called build-operate-transfer?
Rudiy27
The type of entry mode is TRADE RELATED ENTRY.
Build operate transfer is a trade related entry mode into international business in which a foreign investor takes up the responsibility for training, designing and constructing an operation and when the operation is completed he hands it over to the buyer and the management of the project will be taken up by those he trained.
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2 years ago
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zalisa [80]

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