If the inverse demand function for a monopoly's product is p=67−3Q, then the firm's marginal revenue function is A. 67−6Q. B. 134−3Q. C. 67−4Q. D. −3.

Answers

Answer 1

The firm's marginal revenuefunction is B. 134 - 3Q.

In a monopoly, the marginal revenue (MR) is derived from the inverse demand function. To calculate the marginal revenue function, we take the derivative of the inverse demand function with respect to quantity (Q).

Given the inverse demand function: p = 67 - 3Q,

To find the marginal revenue function, we differentiate the inverse demand function with respect to Q:

MR = d(p)/d(Q) = d(67 - 3Q)/d(Q) = -3.

Thus, the marginal revenue function is -3.

However, the options provided do not match this result. None of the options are correct based on the given information.

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Related Questions

The application of marketing strategies and practices not for profit but rather to change or create behaviors that have a beneficial impact on targeted individuals or society as a whole is known as
A. product marketing.
B. commercial marketing.
C. online marketing.
D. social marketing.

Answers

Answer:

I'm pretty sure it's b sorry if I'm wrong

Plzzz help me with this one

Answers

Answer:

what the question.....

PLZ help
Why must people make choices about which goods to produce and consume? Select three options.

Consumption is difficult.
Resources are limited.
Production requires resources.
Everyone wants or needs goods.
Not enough people are producers.

Answers

Answer:

Resources are limited.

Production requires resources.

Everyone wants or needs goods.

Explanation:

Different regions provide different resources that people can use for their business. People in that region need to understand the type of resources that are available for them and produce the goods that can be sustained by the available resource.

This scarcity means that acquiring resources require a certain amount of capital. Since people do not unlimited capital, they have to be picky with their consumption/production to ensure the ones with highest priority are fulfilled first.

On top of that, everyone wants or needs goods. Meaning that in order to obtain a certain resources, people will have to face competition. As the competition become more fierce, the sacrifice that is needed to obtain a certain product is increased. This is also why they have to watch out which product they should choose to consume.

Answer:B,C,D

Explanation:

80-85% of the world's natural vanilla is supplied by Madagascar, an island nation off the coast of Africa. Linda read a recent article online in one of the main ingredients for the ice cream that she and Cathal will produce in 'Sligo Scoops'. (i) What effect will a shortage of vanilla have on each of the following:
The price of vanilla:​

Answers

Answer:

Climate change, crime and speculation mean the price of the fragrant spice has skyrocketed from $20 a kilo five years ago to $515 now.

please show work. i upvote!
In an engine, a piston oscillates with simple harmonic motion so that its position varies according to the expression x = 7.7 cos (12.7 t +-2.8) where x is in centimeters and t is in seconds. What is

Answers

We may compare the supplied expression with the accepted equation of simple harmonic motion to get the angular frequency and phase constant of the motion:

x = A cos(t plus )

The following values can be found in the formula x = 7.7 cos(12.7t 2.8), as given:

Intensity (A) = 7.7 cm

Angle frequency is equal to 12.7 rad/s.

Phase factor () = 2.8

The phase constant () denotes the beginning phase or displacement of the motion, while the angular frequency () denotes the speed at which the piston oscillates.

The piston oscillates in a positive direction because the angular frequency () is positive (12.7). Two possible values for the phase constant () correspond to two different beginning displacements: +2.8 and -2.8.

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Determining which goods or services will help solve the identified problem and comparing the available alternatives describes which of the five stages of decision making listed below? Purchase Evalutaion of Alternatives Information Search Need Recognition

Answers

Answer:

Evalutaion of Alternatives

Explanation:

its the one i picked i got a 100 bro

Think of a futuristic business. Then identify the level and type of production that it would undertake. W/ all relevant information.


Give a description of the business.

Answers

The futuristic business would be a robot selling business, the business would produce robots that will help the individuals in their household work.

What is Business?

A business is an idea of trade, the individual starts a business to earn profits by investing capital. The business have major four heads, capital, assets, liabilities and income.

The futuristic business idea would be the production of robots which will be produced by robots itself that is machines in a factory, however the robots will be customized as per the customer requirements and the actions required will be embedded in the robot system.

The robots will help the individuals in their household work, it will cook, clean the house, take out trash and more. The robots will be made at a large scale and the customization will be required on the system only.

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What is the solution to this equation x+15=28

Answers

Answer:

13

Explanation:

Trust me

How do you value a property? What are the trade-offs of these methodologies?

Answers

It can be more difficult than you might imagine to value your own property. One of the main reasons individuals opt to use estate agents is because there are so many factors involved in arriving at an accurate appraisal methodologies.

A methodology is described as "a system of practises, techniques, procedures, and rules used by those who work in a discipline" by the Project Management Institute (PMI). Lean methods, Kanban, and Six Sigma are a few examples of project management methodologies. For instance, a qualitative methodology might be used to comprehend people's perspectives of an event that occurred or a candidate who is running for president. In contrast, a quantitative methodology is frequently used when the goals and aspirations of the research are confirmatory. Methodology is a reference to the overall strategy and goal of your study's objectives.

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How do plants obtain the water required for photosynthesis?​

Answers

Answer:

from their roots

Explanation:

the roots dig into the ground and absorb water for the plant

Answer:

they obtain their water from the roots of the plant and roots take the water from the soil.

For each scenario, calculate the cross-price elasticity between the two goods and identify how the goods are related. Please use the midpoint method when applicable, and specify answers to one decimal place. A 20% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for Product B.

Answers

Answer:

No relation

Explanation:

The computation of the cross elasticity of demand is shown below:

= Percentage change in quantity demanded ÷ Percentage change in price

here the price is increased by 20% for product A

But there is no change in the quantity demanded for product B

So, the cross elasticity of demand is

= 0 ÷ 20%

= 0

Therefore there is no relation between two products or goods

The government collects tax revenue of​ $100 million and has​ $105 million in outlays. The budget balance is a.

Answers

The budget balance is deficit of $5 million.

What is a budget balance?

The broad difference between government revenues and expenditures is known as the government budget balance, also known as the general government balance, public budget balance, or public fiscal balance. A government budget surplus is referred to as such, whereas a deficit is referred to as such. A government budget is a financial statement outlining the proposed income and expenditures for the government for a certain fiscal year. Public social security obligations are taken into account while creating a budget for each level of government, from the federal to the municipal. The primary balance and interest payments on the total amount of government debt are the two components that make up the government budget balance; adding the two results in the budget balance.

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Joe's Hamburger Grill Discussion

Please read the case and answer the questions at the end. Please respond to two of your peers. Do you agree or disagree?

Joe's Hamburger Grill has been doing business in the same location for the past 20 years. The Grill is located in Phoenix, Arizona, and caters to college students by providing some of the world's biggest hamburgers in a fun and casual dining atmosphere. Joe looks back with fondness on the 20 years that have passed since he first opened the grill. His primary motivation for starting the business was the opportunity to work for himself. When he graduated from college, Joe took a job as an accountant and worked for a number of different companies. When he turned 40, Joe decided he was tired of working for a boss, so he began looking for an alternative opportunity. Knowing his love for cooking and his flair for providing great customer service, Joe's wife and friends encouraged him to open the hamburger stand. After taking some time to decide what he wanted to do, Joe followed their advice and founded the business. By all accounts, his efforts can be seen as a success. He has made a good living doing something that he truly enjoys. When Joe turned 60 several years ago, he decided it was time to slow down and let someone else deal with the day-to-day hassles of running the business. He hired a manager to oversee operations at the Grill. After three months, the manager quit and started classes at the local university. Joe was then able to hire a manager who stayed for 18 months but left to work at a bigger store in Dallas, Texas. For the last three months, Joe has been trying to hire a new manager. He hasn't been able to find someone he thinks will be a successful manager. Joe wonders if part of the problem is his compensation package. When Joe hired the first manager, he decided to pay a monthly salary that included full health benefits. He didn't know how much to pay for a salary, so he asked the first manager how much she was making. He then offered her a $500 per month increase to work for him. The second manager seemed fine with the amount, but a few recent candidates have told him that he needs to pay more. One day a customer of Joe told him that she was taking a human resource management class where they were discussing compensation issues. Joe described his dilemma about trying to decide how much to pay a store manager. The customer offered to do some research and learn more about pay levels for managers. A few days later she brought Joe a graph that had information about pay practices. She told Joe that she had been unable to locate specific information about pay for restaurant managers. However, she had found some information about food service supervisors. Just looking at the information she felt that the amount for the supervisor position was probably too low for someone who actually managed the entire restaurant. She thus found some additional information about the wages for general managers. She also looked at compensation figures for people who owned sales-related businesses. Knowing that Joe had lost one manager to a job in Dallas, she included information about compensation in Dallas and another large city—Los Angeles. Joe looks at the information in the graph and wonders what to do with it. He wonders how important it is to take into account pay in other cities. Will he need to pay wages similar to what is being paid to managers at larger companies? Joe's goal is to find a manager who will treat the Grill like an owner. He wants the manager to commit to several years of building and maintaining profitability. If things work out, he might even be willing to sell the Grill to a high-performing manager who shows loyalty.

Questions:

1. How might agency theory guide Joe as he thinks about finding a manager who might someday become the owner of the Grill? How can the concepts of equity theory guide Joe's decisions concerning comparisons with pay in other cities and for other jobs?

2. How might FLSA standards apply to Joe's compensation decisions?

Answers

1. Agency theory can guide Joe in finding a manager who might eventually become the owner of the Grill by emphasizing the alignment of interests between the manager and the business.

According to agency theory, the owner (principal) delegates authority to the manager (agent), and potential conflicts of interest arise due to differing goals and motivations. Joe should consider selecting a manager who has a vested interest in the success of the business, such as through profit-sharing or stock ownership plans. This can motivate the manager to act in the best interests of the business and work towards long-term profitability.

Equity theory can guide Joe's decisions concerning comparisons with pay in other cities and for other jobs. Equity theory suggests that employees compare their inputs (e.g., effort, skills) and outputs (e.g., compensation) with those of others to assess fairness. If Joe's manager's pay is significantly lower than comparable positions in other cities or industries, it may lead to feelings of inequity and demotivation. Therefore, Joe should consider offering competitive compensation packages that align with the market rates in similar roles to attract and retain talented managers.

Agency theory helps Joe understand the importance of selecting a manager who shares his vision and has a long-term commitment to the business. By considering the alignment of interests, Joe can reduce potential conflicts and increase the likelihood of finding a manager who treats the Grill like an owner. This could be achieved through incentives such as profit-sharing or stock ownership plans, which create a sense of ownership and motivation for the manager to work toward the long-term profitability of the business.

Equity theory highlights the importance of fairness in compensation decisions. If Joe's manager's pay is significantly lower than what is typically offered in other cities or industries, it may lead to a sense of inequity and dissatisfaction. To ensure fairness, Joe should compare the compensation packages with those of similar positions in other cities and industries. By offering competitive compensation, Joe can attract and retain talented managers who feel valued and motivated, leading to a more productive and committed workforce.

Overall, by considering both agency theory and equity theory, Joe can make informed decisions regarding finding a manager and determining appropriate compensation levels to create a positive work environment and drive business success.

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provision for

You are

required to:

Bad Debts

On 31 December 2008 E. Bain had Bad

Debts totalling $24,000. He decided to write

off the following debts as bad.

4. Gardiner - $120

b. Bando $160

bain ako decided to create a 5% provision

Bad. Deble on the remaining debtors.

Prepare the Farney Journal Entry

necessary

to write off the abuse debts as bod"

- Prepare the Journal Entry to record the

creation of Provision for bad debts

Show the profit and Loss Account Extract

for the year ended 31 december 2000s.

- What is the difference between

and the Pronsion for Bad Debts?

Show the Balance sheet Extract to record

these items.

а

account.

Bad Debt

Answers

Journal Entry to write off bad debts:

Debit Gardiner's account $120

Debit Bando's account $160

Credit Bad Debts account $280

Journal Entry to record provision for bad debts:

Debit Bad Debts Expense account $1,080

Credit Provision for Bad Debts account $1,080

Profit and Loss Account Extract for the year ended 31 December 2008:

Revenue: [insert revenue amount]

Less: Bad Debts Expense: $1,080

Net Income: [insert net income amount]

The Bad Debts account represents the actual amount of debt that has been written off as uncollectible, while the Provision for Bad Debts account represents an estimate of the total amount of debt that is expected to be uncollectible in the future.

Balance Sheet Extract:

Assets:

[insert other assets]

Less: Allowance for Doubtful Accounts: $1,080

Net Assets: [insert net assets amount]

The Allowance for Doubtful Accounts account represents the amount of the provision for bad debts that has been set aside to cover expected losses from uncollectible debts.

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Match the examples of the impact of the innovation of technology to their relevant sectors.
manufacturing
communication
financial products
transportation

Match the examples of the impact of the innovation of technology to their relevant sectors.manufacturingcommunicationfinancial

Answers

Answer:

1. Communication.

2. Transportation.

3. Manufacturing.

4. Financial products.

Explanation:

Technology can be defined as a branch of knowledge which typically involves the process of applying, creating and managing practical or scientific knowledge to solve problems and improve human life. Technologies are applied to many fields in the world such as medicine, information technology, cybersecurity, engineering, environmental services, manufacturing, farming, transportation, telecommunications, etc.

Basically, technology has impacted the world significantly and positively as it has helped to automate processes, increased efficiency and level of output with little or no human effort.

Some of the sectors that have been impacted greatly by technology includes;

1. Communication: electronic data transmission allows companies to re-order inventory immediately without human interaction. Through the use of interconnected network systems, companies can easily make order for products in real-time without human interaction.

2. Transportation: Delivery by drones allow companies to ship products without paying labor costs. Drones are automobile and usually do not need anyone to drive it like with other forms of transportation such as trains, ships, trucks, etc.

3. Manufacturing: New equipment allows a producer of windows to increase production by 25%. The introduction of a new equipment to a production line would significantly increase the level of output or productivity.

4. Financial products: Financial futures allow farmers to lock in prices of their crops. A financial future is a financial contract that obligates a buyer to buy a financial product or avails a seller an opportunity to sell his or her products at a specific price and future date.

Should a business email contain a salutation?

Answers

Answer:

A business email is meant in a professional way. It can be sought out as multiple different approaches, one of them, in this case, can include a friendly and welcoming business approach, including a salutation. All in all, it is up to the writer, there is no fully correct answer. Hope this helps :)

What are customer needs?

Answers

Answer:

A customer need is a need that motivates a customer to purchase a product or service. 

charlotte can produce pork and beans and can switch between producing them at a constant rate. if it takes charlotte 10 hours to produce a pound of pork and 5 hours to produce a pound of beans, what is charlotte's opportunity cost of pork and what is opportunity cost of beans?

Answers

Pork and beans can be produced in Charlotte. Pork has an opportunity cost of 10 pounds of beans divided by 5 equals 2 pounds of beans. 5 pounds of pork, 10 pounds of pork, or 1/2 pound of pork, is the opportunity cost of beans.

The demand for pork drives the demand for market hogs. Retailers create a wholesale demand plan for pork by subtracting an amount from the anticipated pork demand schedule that will cover their expenditures and generate a profit.

2020 saw the COVID-19 have an impact on the pork market. Neither state farms nor small-scale farmers can increase their output. Pork production did not increase and but decreased for the year by 1.42 million tonnes when compared to 2019. The demand for meat eventually exceeds the supply of pork.

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what is referred to a process that involves developed action plan that leads to achieving specific goals​

Answers

Answer:

The appropriate approach is "Developing strategic plan ".

Explanation:

Knowing what it does and reevaluating it to ensure that it is the leading northern star for certain activities seems to be the secret to creating a successful strategic planning strategy. This strategy includes defining the intent, strategies, and procedures of an organization which would be used to achieve those objectives. As such, this strategy seems to be an important aspect of the operation of an organization, even though it is necessary to undertake the process of designing the schedule with serious thought and thoroughness.

Goal setting is the process which involves developed action plan.

Let understand that "Goal setting "involves drawing an action plan in order to motivate and guide a person or group toward a goal.

Setting a deadline for a goal create a schedule to achieve the particular goal.

Some benefit of goal setting in an organisation includes:

Goals provides Motivation because energy are directed for accomplishment of the task.Its provides a dedicated direction for the company.Goal setting result to sense of personal satisfaction.Its bring forth clear focus on what is important.Its brings Clarity in Decision Making in a company.New goals become part of an organisation purpose of existence.

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What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?

Answers

Low, high  levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.

Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.

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Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget:
October: $42000
November: $45000
December: $50400
Whistle Works sells each whistle for $12. They have a desired ending inventory for production of 20% of the next month's budgeted sales in units. How many units does Whistle Works need to produce in November?

Answers

The number of units that Whistle Works need to produce in November is 3,840 Units.

Here, we are going to calculate the number of units that Whistle Works need to produce in November.

Units for November = Total Sales / Selling Price Per Unit

Units for November = $45,000 / $12

Units for November = 3,750 Units

Units for December = Total Sales / Selling Price Per Unit

Units for December = $50,400 / $12

Units for December = 4,200 Units

Units to be Produced in November = 80% * Expected Sales in November + 20% * Expected Sales in December

Units to be Produced in November = 80 % * 3,750+ 20% * 4,200

Units to be Produced in November = 3,000 + 840

Units to be Produced in November = 3,840 Units

Therefore, the number of units that Whistle Works need to produce in November is 3,840 Units.

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all of the following contributed to the rise of industrialization in western europe and north america during the nineteenth century except___ eographic distribution of coal and iron

legal protection of private property

improved agricultural productivity

increased rights for laborers

Answers

All of the following contributed to the rise of industrialization in western Europe and North America during the nineteenth century except increased rights for laborers.

What are the factors that contributed industrialization?

The Agricultural Revolution, the population boom, and Great Britain's advantages were the three principal drivers of the Industrial Revolution. Due to better farming practices, population increase, and Great Britain's advantages, which affected nations all over the world, the Industrial Revolution is seen as a key period of time.

The presence of a sizable labor force, an availability of natural resources, a growing economy, & political stability all played a role in Britain's industrialization.

Hence, the appropriate response is option D.

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What are wholesalers​

Answers

Answer:

Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.

Hope this help :)

Answer:

Wholesalers are companies or businesses that buy large quantities of products from other companies, then resell the products in bulk or individually.

Explanation:

Examples; Costco Wholesale & Sam's Club

You have just deposited $10,500 into an account that promises to pay you an annual interest rate of 6.4 percent each year for the next 5 years. You will leave the money invested in the account and 15 years from today, you need to have $29,750 in the account. What annual interest rate must you earn over the last 10 years to accomplish this goal?

Answers

Answer:

7.59%

Explanation:

Calculation for What annual interest rate must you earn over the last 10 years to accomplish this goal

Future value required=[Amount of deposit*(1+6.4%)^5]*(1+I)^10

$29,750=[$10,500*(1+6.4%)^5]*(1+I)^10

$29,750=[$10,500*(1+0.064)^5]*(1+I)^10

$29,750=[$10,500*(1.064)^5]*(1+I)^10

$29,750=[$14,318.497198]*(1+I)^10

(1+I)^10=[$29,750/$14,318.497198]

(1+I)^10=2.077732013

(1+I)=2.077732013^(1/10)

(1+I)=1.07586791

Hence, annual interest rate will be:

Interest rate, I=(1.07586791-1)*100

Interest rate=0.07586791*100

Interest rate=7.586791%

Interest rate=7.59% (Approximately)

Therefore the annual interest rate that you must earn over the last 10 years to accomplish this goal is 7.59%

technological advances allow smaller companies to compete with larger companies. group of answer choices true false

Answers

True, Technological advances allow smaller companies to compete with larger companies.

What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.

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A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. This firm is earning $15 on every $150 invested by its founders. Instructions: Enter your answers as whole numbers. a. What is its percentage rate of return? b. Is the firm earning an economic profit? If so, how large? c. Will this industry see entry or exit? d. What will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium?

Answers

Answer and Explanation:

The computation is shown below:

a. The rate of return in percentage is

= return ÷ investment

= $15 ÷ $150

= 10%

b. The economic profit is

= rate of return - normal profit rate

= 10% - 5%

= 5%

c. As the economic profit is more than 0 so it should be the entry

d. The rate of return in the long-run equilibrium to the 5% as the rate of return should be equivalent to the normal rate of profit

which of the following is not a product cost under variable costing?

Answers

there are no options

Harper has shown promise, and her manager has suggested that she be paired up with another experienced professional for faster skill development.
What coaching method does the manager use in Harper’s case?
is the training technique that Harper’s manager is using. In this technique, Harper will work with an experienced and already trained employee to develop her skills faster.

Answers

Answer:

i’m pretty sure it’s mentoring

Explanation:

plato

Answer:

Shadowing answer on plato

Explanation:

Helios, Inc., is a new startup specializing in retrofitting existing commercial buildings with affordable solar energy panels. The company is growing quickly and needs to fill about 20 junior and senior staff positions over the next few months. Their main goals at this stage are to increase brand awareness and to maximize the return on the time they invest in recruiting candidates. They also want the hiring process to be cost effective. Finally, they are looking to attract non-traditional candidates, not necessarily only those with business and science backgrounds. The founders, Brianna, Nick, and Vinh, meet with team mangers to discuss the best strategy for locating outstanding new hires. Which option makes the most sense given their current goals and restrictions

Answers

Answer:

To have current employees network among their contacts and to make qualified employee or candidate referrals

Explanation:

Based on the information given since the goals and objectives of the company is to increase the company brand awareness which means that the best strategy which the company can use in order for them to locate best, suitable and outstanding new hires employees is TO HAVE CURRENT EMPLOYEES NETWORK AMONG THEIR CONTACTS AND AS WELL TO MAKE QUALIFIED EMPLOYEE OR CANDIDATE REFERRALS , the reason why this option makes the most sense based on the company current goals and restrictions is that with this strategy it will help the company to save time and money in recruiting outstanding new hire and it will enables them to hire the most qualified candidates without stress.

all work are dignified and equal. justify​

Answers

Answer:

I hope that is helpful for you.

all work are dignified and equal. justify
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