5. problems and applications q5 consider the relationship between monopoly pricing and the price elasticity of demand. if demand is inelastic, total revenue would increase when a monopolist its price. as a result, total cost would . therefore, a monopolist will produce a quantity at which the demand curve is inelastic. use the purple segment (diamond symbols) to indicate the portion of the demand curve that is inelastic. (hint: the answer is related to the marginal-revenue (mr) curve.) then use the black point (plus symbol) to show the quantity and price that maximizes total revenue (tr). inelastic demand max tr 0 1 2 3 4 5 6 7 8 9 10 10 9 8 7 6 5 4 3 2 1 0 -1 -2 -3 -4 -5 price quantity demand marginal revenue

What sources about ecuador should you consult to obtain cultural information about this country that will need to be included in your cultural map?

Taking commercial paper means the holder acts honestly

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)