Business, 19.07.2021 17:00 Lesquirrel

A monopolistic competitor in the bluetooth speaker industry is adjusting sales of all its products because of a change in cost of production with the new cost and revenue schedule below, at which quantity and price will this firm sell its speakers to maximize profit? Price $240 $230 $225 $220 $216 $212 Bluetooth Speaker Industry, Costs of Production Total Total Marginal Quantity Revenue Cost Revenue 10 $2,400 $2,750 $215 20 $4,600 $4,350 $220 30 $6,750 $6,250 $215 40 $8,800 $8,150 $205 50 $10,800 $10,450 $200 60 $12, 720 $12.950 $192 Marginal Cost $145 $160 $175 8205 $230 $250 Price Quantity 10 $240 $230 $225 $220 $216 $212 20 30 40 50 60 Total Revenue $2,400 $4,600 $6,750 $8,800 $10,800 $12, 720 Total Cost $2,750 $4,350 $6,250 $8,150 $10.450 $12.950 Marginal Revenue $215 $220 $215 $205 $200 $192 Marginal Cost $145 $160 $175 $205 $230 $250
Provide your answer below:
P= Q .

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:40, Xavier8247

The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?

Answers: 1

continue

Business, 22.06.2019 10:00, Randomkid0973

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.

Answers: 1

continue

Business, 22.06.2019 11:40, tansebas1107

You are a manager at asda. you have been given the demand data for the past 10 weeks for swim rings for children. you decide to run multiple types of forecasting methods on the data to see which gives you the best forecast. if you were to use exponential smoothing with alpha =.8, what would be your forecast for week 22? (the forecast for week 21 was 1277.) week demand 12 1317 13 1307 14 1261 15 1258 16 1267 17 1256 18 1268 19 1277 20 1277 21 1297

Answers: 3

continue

Business, 22.06.2019 13:00, Killakyle4744

Amajor advantage of case studies is

Answers: 2

continue

You know the right answer?

A monopolistic competitor in the bluetooth speaker industry is adjusting sales of all its products b...