Recalling the information from the "Botox Patent Monopoly" application, inverse demand was p equals 775 minus 375 Upper Q, marginal revenue was MR equals 775 minus 750 Upper Q, marginal cost was MC equals 20, a constant, and quantity is in millions of units. What would happen to the price and quantity if the government had set a price ceiling of $225 per vial of Botox?

Which of the following are considered needs? check all that apply

Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?