Suppose that a monopoly firm finds that its mr is $60 for the first unit sold each day, $59 for the second unit sold each day, $58 for the third unit sold each day, and so on. further suppose that the first worker hired produces 5 units per day, the second 4 units per day, the third 3 units per day, and so on.

instructions: enter your answers as whole numbers.

a. what is the firm’s mrp for each of the first five workers?

b. suppose that the monopolist is subjected to rate regulation and the regulator stipulates that it must charge exactly $50 per unit for all units sold. at that price, what is the firm’s mrp for each of the first five workers?

c. if the daily wage paid to workers is $210 per day, how many workers will the unregulated monopoly demand? worker(s).

if the daily wage paid to workers is $210 per day, how many workers will the regulated monopoly demand? worker(s).

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk