subject
Business, 13.11.2019 03:31 andrespacheco5888

Suppose there is a single restaurant in a small town facing the demand function upper p equals 13 minus 0.10 times upper q. further, suppose the marginal cost of providing a meal is constant at $3. given the above information: 1) use the line drawing tool to draw the demand line. properly label this line. 2) use the line drawing tool to draw the corresponding marginal revenue line. properly label this line. 3) use the line drawing tool to draw the marginal cost. properly label this line. 4) use the point drawing tool to identify the profit-maximizing price and quantity. label this point 'a'. note: if you aren't prompted for labels, then you are using the wrong tool. the profit-maximizing quantity is nothing and the profit-maximizing price is $ nothing. (enter your responses as integers.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:10
What are the forecasted levels of the line of credit and special dividends? (hints: create a column showing the ratios for the current year; then create a new column showing the ratios used in the forecast. also, create a preliminary forecast that doesn’t include any new line of credit or special dividends. identify the financing deficit or surplus in this preliminary forecast and then add a new column that shows the final forecast that includes any new line of credit or special dividend.) now assume that the growth in sales is only 3%. what are the forecasted levels of the line of credit and special dividends?
Answers: 1
question
Business, 22.06.2019 03:10
On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 Γ— 8% Γ— Β½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.
Answers: 3
question
Business, 22.06.2019 04:10
What is the difference between secure bonds and naked bonds?
Answers: 1
question
Business, 22.06.2019 10:10
conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?
Answers: 2
You know the right answer?
Suppose there is a single restaurant in a small town facing the demand function upper p equals 13 mi...
Questions
Questions on the website: 13722362