What specific lesson can be learned from the situations of both Redbox and MillerCoors, regarding the ultimate success of firms that make use of a cooperative strategy?
a. The firms must each be able to identify ways to cut costs, independent of the collaboration.
b. The collaboration must provide reductions in operating costs for all member firms.
c. The firms need detailed contracts that are carefully monitored.
d. The firms need to create value in order to be successful.

Answers

Answer 1

The correct answer is d: The firms need to create value in order to be successful.

How can firms be successful?

The specific lesson to be learnt from Redbox and MillerCoors is that the firms has to create value in order for it to be successful. In both cases, the firms were able to leverage their respective strengths and resources through their collaborations in order to create value for their customers and ultimately achieve success. While it is important for the firms to identify ways to cut costs and have detailed contracts, the primary focus should be on creating value for all member firms through the cooperative strategy.

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Related Questions

What does a single point on the supply curve represent?a. The cost of producing the given quantity of filmb. the amount of profit the producer hopes to receivec. the cost, at the current level of production, of producing one more roll of filmd. the price the consumers are willing to pay for a roll of film

Answers

Answer:

d. the price the consumers are willing to pay for a roll of film

Explanation:

The option “D” is correct because the supply curve is upward sloping and shows the positive relationship with the price mentioned on the verticle axis of the curve. This price is the same price that a person pays for the commodity. If the price paid by the person is more, then the supplier will supply more. If the price is lower, then the supplier will supply less. Thus, this shows that price and supply and positively related to each other.


Mention any there objectives of Accounting​

Answers

Answer:

objectives of accounting in any business are:-

systematically record transactions sort and analysing them, prepare financial statements position, and aid in decision making with financial data and information about the business.

hope it is helpful....

In the long run, prices are _______, wages are ______, and the relationship between inflation and unemployment is _____

Answers

Prices and wages can fluctuate over time, and there is no correlation between inflation and unemployment.

In the long run, wages and prices are adaptable and there is no correlation between inflation and unemployment because the economy is at full employment.

Is there a link between unemployment and inflation?

In the past, unemployment has been inversely correlated with inflation.This indicates that unemployment decreases when inflation rises.Conversely, lower inflation corresponds to higher unemployment.There will be more demand for goods and services when more people are employed.

How do wages and inflation relate to one another?

Real wages are lowered as a result of inflation's effects on the capital stock and relative prices in this context.The two impacts are added substance and cause the decrease in genuine wages to surpass the decrease in per-capita Gross domestic product.During times of high inflation, this mechanism may increase poverty.

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To compute net income for a merchandiser, you will start with net sales, subtract cost of goods sold and subtract other.

Answers

The next items to subtract from net sales in order to compute net income for a merchandiser are Expenses.

What are the expenses for a merchandiser?

The expenses for a merchandiser include selling and distribution expenses.  Others are administrative expenses, including depreciation for long-term assets, and tax expenses.

Thus, o compute net income for a merchandiser, you will start with net sales, subtract the cost of goods sold and subtract other expenses.

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LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, unearned service revenues was $13,000, and prepaid expenses were $17,500. At December 31, unearned service revenues was $18,600, and prepaid expenses were $23,100. The service revenues on cash basis is:


Select one:
a. $155,000
b. $147,600
c. $142,000
d. $136,400​

Answers

At the end of the year, prepaid expenses were $23,100 and unearned service revenues were $18,600. The service's cash basis revenues total $136,400.

$142,000 plus $97,000, or $136,400, is the service revenue on a cash basis.

Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.

A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.

To determine how effectively a business collects unpaid debt, it is important to review the cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is money given to a business. An example of an activity that results in a receipt but no revenue is when a consumer prepays for a service or undeliverable products.

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You just received a loan from your banker to buy seed and plant your alfalfa field. The loan is a discount loan and is for $5,000 for 1 year and the quoted rate was 10%. What is your APR?

Answers

Answer:

Apr = 11.11%

Explanation:

Given:

Discounted amount = $5,000

Number of year = 1

Quoted rate = 10%

Find:

APR

Computation:

Actual loan amount = $5,000[100%/(100%-10%)]

Actual loan amount = $5,000[100%/(90%)]

Actual loan amount = $5,555.56

A = P(1+r)¹

5,555.56 = 5,000( 1 + r )

1.1111 = 1 + r

APR = 0.1111

Apr = 11.11%

: Stock in Daenerys Industries has a beta of .95. The market risk premium is 7 percent, and T-bills are currently yielding 3.6 percent. The company’s most recent dividend was $2.05 per share, and dividends are expected to grow at an annual rate of 4.1 percent indefinitely. If the stock sells for $39 per share, what is your best estimate of the company’s cost of equity?

Answers

Answer:

The  best estimate of the company’s cost of equity is 9.81 %.

Explanation:

Use both the Growth Model and the Capital Asset Pricing Model (CAPM) to estimate the cost of equity and find the average.

Cost of Equity (Growth Model) = Recent Dividend Payout Ratio/ Market Price of Stock + Expected Growth

                                                  = $2.05 / $39.00 + 0.041

                                                  = 9.36 %

Cost of Equity (CAPM) = Return on Risk Free Security + Beta × Risk Premium

                                     = 3.60 % + 0.95 × 7.00 %

                                     = 10.25 %

Average =  (9.36 % + 10.25 %) ÷ 2

              =   9.81 %

The cost of equity of a company is 9.875% after taking the average of the cost of equity by the CAPM approach and the cost of equity by the Dividend growth model.

What is meant by the cost of equity?

The cost of equity is the percentage of return earned by a stock investor by making an investment.

Given values for CAPM Approach:

A beta factor of stock: 0.95

Market risk premium: 7%

Return on T-bills: 3.6%

Step-1 Computation of cost of equity by using the CAPM approach:

\(\rm\ Cost \rm\ of \rm\ Equity=\rm\ Return \rm\ on \rm\ T-Bills + (\rm\ Market \rm\ Risk \rm\ Premium \times\ \rm\ Beta \rm\ Factor) \\\rm\ Cost \rm\ of \rm\ Equity= 3.6\% + (7\% \times 0.95)\\\rm\ Cost \rm\ of \rm\ Equity=10.25\%\)

Given values for dividend growth approach:

Dividend rate: $2.05

Expected growth in dividend: 4.1 %

Stock price: $39

Step-2 Computation of cost of equity by using the dividend growth approach:

\(\rm\ Cost \rm\ of \rm\ Equity=\frac{\rm\ Dividend \rm\ Rate \times\ (1+ \rm\ Growth\rm\ Rate)}{\rm\ Stock \rm\ price} + \rm\ Growth \rm\ rate\\\rm\ Cost \rm\ of \rm\ Equity=\frac{\$2.05 \times\ (1+ 0.041)}{ \$39} + 0.041\\\rm\ Cost \rm\ of \rm\ Equity=\frac{\$2.13 }{\$39} + 0.041\\\rm\ Cost \rm\ of \rm\ Equity=9.50\%\)

Step-3 Computation of average of both methods:

\(\rm\ Average \rm\ Cost \rm\ of \rm\ Equity= \frac{\rm\ Cost \rm\ of \rm\ Equity \rm\ in \rm\ CAPM \rm\ Method + \rm\ Cost \rm\ of \rm\ Equity \rm\ in \rm\ Dividend \rm\ growth}{2}\\\rm\ Average \rm\ Cost \rm\ of \rm\ Equity=\frac{10.25\% + 9.50\%}{2} \\\rm\ Average \rm\ Cost \rm\ of \rm\ Equity=9.875\%\)

Therefore, the cost of equity comes out to be 9.875% by using the average of the two methods.

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Advertising, sales promotion, public relations, and buzz building activities are all ________. A) channels that should be integrated under the concept of integrated marketing communications B) channels focused more on interactive marketing than traditional marketing C) promotional tools used for push strategies but not pull strategies D) promotional tools used for pull strategies but not push strategies

Answers

Answer:

B

Explanation:

Hope it helped you1

managers can create an organizational culture based on the intensity levels of how efficient the structure is and how effective it is. these are also known as:

Answers

The terms that you have mentioned are diversification and integration, and differentiation and integration. The correct option is diversification and integration.

These terms refer to the ways in which managers can create an organizational culture based on the intensity levels of how efficient the structure is and how effective it is. Diversification and differentiation refer to the ways in which managers can create a culture that is diverse and differentiated, respectively. These approaches can be used to create a culture that is more efficient and effective.

Integration refers to the ways in which managers can create a culture that is more integrated, meaning that different departments and units work together seamlessly to achieve common goals. By combining these approaches, managers can create an organizational culture that is both efficient and effective, and that fosters collaboration and innovation. This can lead to increased productivity, higher morale, and better overall outcomes for the organization.

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A person has income $1000 for goods F and S. The price of F is $4, and the price of S is $200. Which of the following bundles is in the opportunity/budget set (i.e., attainable)?
Select one:
a.
150 units of food, 3 units of shelter
b.
100 units of food, 10 units of shelter
c.
200 units of food, 2 units of shelter
d.
200 units of food, 1 unit of shelter
e.
250 units of F and 1 unit of shelter

Answers

The bundle that is attainable is option e. 250 units of F and 1 unit of shelter.

Option e is the only bundle that falls within the person's budget constraint. The person has an income of $1000, and the price of F is $4. Therefore, the person can afford a maximum of $1000/$4 = 250 units of F. Additionally, the person can afford 1 unit of shelter since its price is $200, which is within their budget.

Option a is not attainable because the person cannot afford 150 units of food and 3 units of shelter within their budget. Option b is also not attainable because the person cannot afford 100 units of food and 10 units of shelter. Option c exceeds the person's budget since they cannot afford 200 units of food and 2 units of shelter. Option d also exceeds the budget as the person cannot afford 200 units of food and 1 unit of shelter.

Therefore, the only option that falls within the person's budget constraint and is attainable is e. They can purchase 250 units of F and 1 unit of shelter.

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cosA=1/2^-1.find the value of A

Answers

Answer:

A = 60°

Explanation:

Since cosA = 1/2, to find the value of A, we take the inverse cosine of both sides.

So, cosA = 1/2

So, taking inverse cosine of both sides, we have

cos⁻¹cosA = cos⁻¹(1/2)

So, A = cos⁻¹(1/2)

Using our calculator, taking cosine inverse of one-half, we find that, cos⁻¹(1/2) = 60°

Since cos⁻¹(1/2) = 60° and A = cos⁻¹(1/2)

This implies that A = 60°

So, we find that the value of A is 60°.

Your new health insurance has a $4000 deductible. What does that mean?

Answers

What the other Person said because yes

Identify the challenges that may face a company to implement
the balanced scorecard. (220 words)

Answers

Challenges of implementing the balanced scorecard include resistance to change, difficulty in identifying and measuring relevant metrics, lack of leadership support and resources, and the need for a cultural shift towards a strategic approach to performance management.

The balanced scorecard is a performance management framework that aims to align an organization's strategy with its goals and metrics. However, implementing the balanced scorecard can be challenging for organizations.

One of the main challenges is resistance to change, as the balanced scorecard often requires a significant shift in how an organization approaches performance management. Additionally, identifying and measuring relevant metrics can be difficult, as organizations may need to develop new metrics or revise existing ones to align with their strategic goals.

Leadership support is critical to the success of the balanced scorecard, as it requires buy-in from all levels of the organization. Inadequate resources, such as financial and human capital, can also hinder the implementation of the balanced scorecard.

Finally, a cultural shift towards a more collaborative and strategic approach to performance management is necessary for the balanced scorecard to be effective. Overall, while the balanced scorecard can be a powerful tool for improving organizational performance, its successful implementation requires careful planning, collaboration, and commitment from all stakeholders.

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Does anybody know the answer to this question?

Does anybody know the answer to this question?

Answers

Answer:

The answer is A and B: professional and friendly ^^

Hope you find the answer helpful :)

Answer: Professional and Friendly

Explanation:

Incomplete and Grammatically incorrec cannot be tones of voice.

Question 1 (10 points) 1. Create one well-stated customer related goal that would be relevant for Chatters Hair Salon. (doublecheck: Is it SMART?) 2. You are an advisor to the manager responsible for meeting this goal and they need a recommendation on how to keep track of the progress toward the goal. Provide advice that is relevant to this goal and this company.

Answers

1. The goal is relevant for the salon and is SMART (Specific, Measurable, Achievable, Relevant, Time-bound).

SMART evaluation:

Specific: The goal specifies increasing customer satisfaction through improving the overall salon experience, focusing on the customer's perception and satisfaction.

Measurable: Customer satisfaction can be measured through surveys, feedback forms, ratings, and reviews, allowing the salon to track improvements.

Achievable: Improving the salon experience is achievable by implementing customer-centric strategies, training staff, enhancing facilities, and optimizing service processes.

Relevant: Customer satisfaction is a key factor in the success of any service-oriented business, making it highly relevant to Chatters Hair Salon.

Time-bound: The goal does not specify a specific time frame, so it would be beneficial to set a deadline or target, such as increasing customer satisfaction by a certain percentage within six months or a year.

2. Recommendation: Implement customer feedback collection, monitor KPIs, provide staff training, and initiate improvement initiatives to track progress toward the goal.

Regularly collect customer feedback: Use customer surveys, feedback forms, and online reviews to gather insights into customer satisfaction levels and identify areas for improvement.

Monitor and analyze feedback: Assign a staff member or team responsible for collecting, analyzing, and reporting customer feedback to identify trends, common issues, and areas of excellence.

Set key performance indicators (KPIs): Establish measurable KPIs related to customer satisfaction, such as customer ratings, repeat business percentage, or positive online reviews, and track these metrics regularly.

Conduct regular staff training: Provide ongoing training sessions for salon employees to enhance their skills, knowledge, and customer service abilities.

Implement improvement initiatives: Based on customer feedback and analysis, develop action plans to address any identified areas for improvement and track the progress of these initiatives over time.

By following these recommendations, Chatters Hair Salon can effectively track progress toward their customer satisfaction goal and make data-driven decisions to continually enhance the salon experience for their customers.

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Which government office is in charge of monitoring how other agencies conduct cost-benefit analyses?A.Office of Management and Budget B.Office of Cost Efficiency C.Council of Economic Advisors D.Council of Environmental Quality

Answers

The "Office of Management and Budget" government office is in charge of monitoring how other agencies conduct cost-benefit analyses. The correct option is A.

The management is the term which refers to manage the work or operational process and other activities performed in the organization to manage the goal and process to action.

The Office of Management and Budget  is responsible for overseeing the implementation of cost-benefit analysis across all government agencies on the economic and environmental aspects.

Therefore, the correct option is A, which is Office of Management and Budget.

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What is the typical way that interest groups try to influence policy making in the judicial branch?

Answers

Interest groups operate in a variety of ways to influence courts. Interest groups often submit amicus curiae briefs (friends of the court) to discuss specific issues.

Interest groups need a lot of money to successfully lobby. Washington DC. is one of the most expensive cities in America, so just setting up an office there can be very expensive. Stakeholders also cover food, travel and other operating costs, which can be substantial. Money alone does not allow interest groups to have influence, but lack of money usually paralyzes them. Lobbyists must also have a good reputation. For example, lobbyists who lie to legislators may be shunned or lose customers. Honesty is therefore in the lobbyist's best interest.

Interest groups influence government using one of his two strategies, the inside game and the outside game. Inside games refer to attempts to persuade government officials through direct contact with insiders. Another term for inside games is lobbying. Washington is filled with thousands of lobbyists covering every imaginable issue and perspective. Lobbyists typically work for interest groups, corporations, or law firms that specialize in professional lobbying.

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While being a Manager in a hospital/healthcare
setting involves communication with many
different departments, one doesn't need to
have which of the following in any of them?
A. contact
B. experience
C. organizational skill

Answers

A would be the correct answer.

1. Complete as frases com a forma correta do verbo to be (am, is, are)
a) She
b) They
studying maths
having breakfast
drinking lemonade.
d) it
raining at the moment.
e) You
sitting in my chair.
listening to music
f) He
g) My sister
doing her homework.
h) Her children
making dinner.​

Answers

Complete Question:

Complete the sentences with the correct form of the verb to be (am, is, are).

Answer:

a) is.

b) are.

c) am.

d) is.

e) are.

f) is.

g) is.

h) are.

Explanation:

A verb is one of the parts of speech in English language. Verbs can be defined as any word that describes an action, occurrence, or state of existence. Some examples of verb are dance, sing, walk, play, run, sit, etc.

A present continuous tense is simply used to describe an action that is being performed at the moment (on-going) or an unfinished action.

Completing the sentences with the correct form of verb, we have;

a) She is studying maths.

b) They are having breakfast.

c) I am drinking lemonade.

d) It is raining at the moment.

e) You are sitting in my chair

f) He is listening to music.

g) My sister is doing her homework.

h) Her children are making dinner.

a company's flexible budget for 21,000 units of production showed per unit contribution margin of $2.60 and fixed costs, $37,300. the income expected if the company produces and sells 24,000 units is:

Answers

The income that is expected if the company produces and sells 24,000 units is $ 25, 100.

How to find the income expected ?

First, find the total variable costs :

Total Variable Costs = Total Contribution Margin - Fixed Costs

Total Variable Costs = $ 54, 600 - $ 37, 300

Total Variable Costs = $ 17, 300

Then, using this cost, find the expected income to be ;

Expected Income = ( Per Unit Contribution Margin x Units of Production ) - Fixed Costs

Expected Income = ( $ 2. 60 x 24, 000 units) - $ 37, 300

Expected Income = $ 62, 400 - $ 37, 300

Expected Income = $ 25, 100

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A(n) ________ keeps a company from leaving an​ industry; whereas​ a(n) ________ is an obstruction that makes it difficult for a company to enter an industry.

A. exit​ barrier; entry barrier

B. substitute​ product; entry barrier

C. strategic​ group; exit barrier

D. substitute​ product; complementor

E. ​complementor; exit barrier

Answers

A(n) exit barrier keeps a company from leaving an industry; whereas a(n) entry barrier is an obstruction that makes it difficult for a company to enter an industry. Thus, the main answer to the given question is option A.

Barriers to entry and barriers to exit are two sides of the same coin. Barriers to entry are hurdles that new companies must overcome when they enter a market, while barriers to exit are hurdles that a company must overcome when it leaves a market.

A barrier to entry can take several forms, including the following:

Regulations that are particularly onerous

Patent or trademark protection are in place. An existing company has an extensive distribution network, which can make it difficult for new entrants to get their products to customers.

Brand recognition that is well-established that new entrants cannot quickly duplicate.

Limited access to critical resources such as water, land, and raw materials.

Legal issues such as the difficulty of obtaining a permit.

A strong barrier to entry can help a company maintain a dominant position in a market by making it difficult for new entrants to challenge them.

A barrier to exit can take several forms, including the following:

Long-term contractual obligations, such as long-term leases on facilities.

Expenditures that are difficult to recover, such as research and development costs, sunk costs, and fixed costs.

Legal difficulties, such as environmental cleanup obligations, contract obligations, and union agreements that are difficult to break.

Legacy costs such as pension and retiree health-care benefits that are difficult to reduce.

Customers with long-term contracts.

A strong exit barrier can keep a company in a market where it is no longer profitable, reducing industry competition.

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Resource scientists help the understanding in which of the following areas

Answers

The resource scientists gives an insight into some areas that includes

commerceenergytransportationagriculture etc

Who are the resource scientists?

These are scientist that deals with extraction of substance which exists in the earth and could be extracted someday at some price with some technology.

Most times, these resource scientists work with other geoscientists or social scientists to help solve arising issues in their departments.

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Resource scientists help understanding and solve the issues in areas such as commerce, energy, transportation, agriculture, and the environment.

What is a resource scientist?

A resource scientist is someone who conducts research on climate, weather, and site conditions.

Resource scientists generally works with the geoscientists or social scientists to help them in getting the solution for the issues related to the agriculture, environment etc.

The quality or skills that is needed for the resource scientist are critical thinking, math skills, writing skills, communication etc.

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Which lung value in the spirogram would you see the greatest change?

Answers

The lung value in the spirogram that would show the greatest change is the "forced expiratory volume in one second" (FEV1). This value measures the amount of air a person can forcefully exhale in one second after taking a deep breath.

It is used to assess lung function and can be affected by conditions such as asthma, chronic obstructive pulmonary disease (COPD), and other respiratory disorders.

A reduced FEV value indicates that there may be an obstruction in the airways, which can be caused by inflammation, narrowing of the airways, or mucus buildup.

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accounts automatially reated by quickbooks when you choose an inventory item part in the new item windows is called____

Answers

Accounts automatically created by QuickBooks when you choose an inventory item part in the new item window are called Inventory Asset accounts.

When you select an inventory item part in the new item window of QuickBooks, the software automatically creates and associates an Inventory Asset account with that item. The Inventory Asset account is used to track the value of the inventory items on the balance sheet. It represents the cost of the inventory that the company holds for sale. As transactions related to the inventory items are recorded, such as purchases, sales, and adjustments, QuickBooks automatically updates the Inventory Asset account to reflect the changes in the inventory's value. This allows businesses to have an accurate representation of their inventory's worth and helps in managing inventory levels, cost of goods sold, and overall financial reporting. By automatically creating and using the Inventory Asset account, QuickBooks simplifies the process of tracking and managing inventory for businesses using its software.

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Varion Air offers its customers a complementary air ticket on the purchase of three business class tickets. Varion Air's strategy best represents the ____ element of its marketing mix.
place
promotion
price
product

Answers

answer is: promotion

The Varion Air offers its customers a complementary air ticket on the purchase of three business class tickets. Varioun Air's strategy best represents the promotion element of its marketing mix.

What is strategy?

An organization's long-term objectives and the plan it has to achieve them are referred to as its strategy. In other words, it demonstrates the strategy for achieving the stated goal.

Advertising, sales promotion, and public relations, three of the five promotional factors, are frequently cited as using mass selling. Mass selling is the promotional strategy that contacts large groups of potential customers

Therefore, Thus option (B) is correct.

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A ground-dwelling plant grows along a chain-link fence

Answers

Answer: Very instresting?

Explanation:

Explain in three sentences what “a decision to communicate constructively” means

Answers

A decision to communicate means to communicate positively, offering help and support, and it doesn’t involve criticism and dispiriting. It a method of communicating more effectively and efficiently. In addition, communicating constructively is a way to present your points to a person or audience so they can understand them.

Which development with most reflects Karl max is belief in the economic system that he predicted to replace free market

Answers

The development with most reflects Karl max that is belief in the economic system that he predicted to replace free market is option B. Workers share all the profits generated from a factory. Read below about Karl Max's belief in economic system.

What is Karl Max's belief on the economic system?

Marx believed that in a capitalist system, society would inevitably divide themselves into two classes – the business owners and the workers. The workers would produce the material goods and conduct all the labor, while the owners would reap all the financial and social benefits.

Therefore, the correct answer is as given above

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The complete question goes thus:

Which development would most reflect Karl Marx's belief in the economic system that he predicted would replace free markets? A. Governments eliminate all taxes on wealthy corporations. B. Workers share all the profits generated from a factory. C. Companies begin to sell their products in overseas markets. D. Businesses refuse to hire workers who demand high wages.

A graphic organizer is a visual representation.
Please select the best answer from the choices provided
•T
•F

Answers

The given statement "A graphic organizer is a visual representation" is True because graphic organizers are an effective way to improve information retention and comprehension, making them a valuable tool in both personal and professional contexts.

A graphic organizer is a visual representation that helps individuals organize information in a clear and concise manner. This can be in the form of a diagram, chart, or other types of visual aids that make it easier to understand complex concepts or ideas. Graphic organizers can be used in various contexts, such as in educational settings to help students understand and remember important information, or in business, settings to help individuals organize their thoughts and ideas for presentations or reports.

One of the benefits of using graphic organizers is that they make it easier to identify relationships between different pieces of information. By visually organizing data, it becomes easier to see connections and patterns that may not be immediately apparent when looking at raw data. Additionally, graphic organizers can be customized to suit specific needs, making them a flexible tool for a variety of tasks.

Overall, graphic organizers are an effective way to improve information retention and comprehension, making them a valuable tool in both personal and professional contexts. Whether you are a student, educator, or professional, incorporating graphic organizers into your workflow can help you better organize and understand complex information.

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Suppose a monopoly firm produces bicycles and can sell 10 bicycles per month at a price of $700 per bicycle. In order to increase sales by one bicycle per month, the monopolist must lower the price of its bicycles by $50 to $650 per bicycle. The marginal revenue of the 11th bicycle is

Answers

Answer:

$150

Explanation:

A monopoly is when there's only one firm operating in an industry

Marginal revenue is the change in revenue when one extra unit of a product is sold.

=( $700 × 10) - (650 × 11) = $150

Other Questions
A resistor of 4 ohms is connected isn series to a box speaker of unknown resistance.If a current of 0.6A flows through the speaker when a voltage of 12V is applied across the combination, calculate: 1. the total resistance in the circuit. ii. the resistance of the speaker ili. the voltage applied across the speaker An object's natural resistance to motion is called: mass. inertia. velocity. relative motion. an insurance agent has appointments with 8 prospective clients tomorrow. from past experience the agent knows that the probability of making a sale on any appointment is one out of five. using the rules of probability, what is the likelihood that the agent will sell a policy to two of the eight prospective clients? How much storage is needed to represent a simple graph with n vertices and m edges using a) adjacency lists? b) an adjacency matrix? c) an incidence matrix? write a balanced equation for the redox reaction between calcium metal and oxygen gas Compare the functions in the table. as the value of x increases, which function will eventually exceed the value of the other functions? Ptolemy, as was common with most Ancient Greek philosophers, believed that the earth was at the center of the universe. It was not until Copernicus that the idea that the sun was at the center of the solar system emerged. Kuhn would call this an example of: a generator has a square coil consisting of 260 turns. the coil rotates at 89 rad/s in a 0.3-t magnetic field. the peak output of the generator is 155.00 v. what is the length of one side of the coil? An object rotates from 1 to 2 through an angle that is less than radians. Which of the following results in a positive angular displacement?A) 1 = 45, 2= 45B) 1 = 45, 2= 15C) 1 = 45, 2= 45D) 1 = 135, 2= 135E) 1 = 135, 2= 135 Dicu the ignificance of relationhip marketing. Elaborate the method with organization can adopt to enhance relationhip with cutomer? Shipping company charge $15 to ship a package and 5% of the shipping charge for insurance on the package what was the total cost to ship this particular item In Free to Choose, Milton Friedman makes the case that capitalism, i.e. free markets combined with governments that follow The Do Nothing Policy produce prosperity and freedom. In lecture, production possibilities frontiers were used to show the mechanism by which capitalism produces wealth, i.e. specialization according to comparative advantage and exchange.The history of the 20th century is replete with examples of countries that have followed just such a policy of free market capitalism and experienced large increases in total and per capita wealth plus created stable peaceful political societies characterized by respect for individual rights and maximizing personal freedom, e.g. Japan, Taiwan, Korea, Singapore, and, until the communist Chinese takeover, Hong Kong. In the 20th century, countries that were already prosperous and free that continued choosing capitalist systems became more prosperous, e.g. the United States, Western Europe, Canada, and Australia.A key feature of free markets is a level playing field where the rules apply to everyone whether they are rich, poor, powerful, or connected. The level playing field is sometimes referred to as the Rule of Law (ROL).The ROL according to the Oxford English Dictionary is "The authority and influence of law in society, esp. when viewed as a constraint on individual and institutional behaviour; (hence) the principle whereby all members of a society (including those in government) are considered equally subject to publicly disclosed legal codes and processes."The ROL can break down in two ways. First, rulers and their entourage can be held above and not be subject to the law or, second, immunity from the law can be bought. In either case, the ROL does not exist or, alternatively, that society has a corruption problem. A conundrum of the capitalism produces prosperity and freedom policy are countries that have capitalist economies but havent produced much prosperity and are frequently but not exclusively characterized by bouts of politically based violence and oppressive abusive dictatorships, e.g. most middle eastern countries, most of South and Central America, Mexico, India, Russia, and until the last 20 years communist China.In The Mystery of Capital, Hernando DeSoto addresses this conundrum and points out that adopting capitalism is required but not sufficient to produce U.S. and western European levels of prosperity and freedom. DeSoto argues that adopting capitalism isnt enough. Countries have to choose a capitalist economic system, have ROL, plus do something else.According to Hernando DeSoto, why are many 3rd world countries not getting rich even though they have ostensibly capitalist free market economies? What is the something else these countries are missing?Read Chapter 7, "Deng Perfects Socialism" and Chapter 5 'The Shanghai Gang" in The Party by Richard MacGregor.In what sense and to what degree does Communist China meet DeSoto's requirement for a capitalist economy that will use free markets to create and equitably distribute wealth.Does Communist China have a capitalist free market economic system where there is ROL and no corruption?Explain with examples from The Party.Requirements:Your submission should be no less than 1000 words. Short papers will be penalized. There is no maximum length.Proper grammar and effective use of English counts. The major types of symptoms noted in schizophrenia include? Help I dont know thissss Mrs.smith has 5 times many markers as colored pencils. The total number of markers and colored pencils is 54. How many markers does Mrs.smith have A class of students tripled in size when they added 46 more students. How many students did this class have originally? A doubly charged calcium ion (4Ca2+) is accelerated from rest by a uniform electric field. After moving through a potential difference of 5kV it then enters a magnetic field of a mass spectrometer. It continues moving along a circle of radius 21 cm. a. (5 pts) What is the electric potential energy the ion acquired in this electric field? b. (10 pts) What is the speed of the ion with which it enters the magnetic field. C. (10 pts) What is the strength of the magnetic field in this mass spectrometer? Question 7Which function below does not have a domain of (-0, 0)? f(x) = {+2+2,[4x-1, ifr Labor unions are most closely tied to which type of productive resource? What percentage of the offspring will have the type a blood phenotype