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Questions in business

[Free] Suppose a multi-monopolist has marginal cost functions: [tex] \begin{array}{l} MC_1=20+2 q_1, \text { and } \ MC_2=10+5 q_2 \end{array} [/tex] Where, [tex]$MC_1$[/tex] is the marginal cost of the first plant and [tex]$MC_2$[/tex] is the marginal cost of the second plant. Besides, [tex]$q_1$[/tex] and [tex]$q_2$[/tex] represent output to be produced using the first and second plants, respectively. If the monopolist is minimizing its short run cost by producing 5 units of output in the first plant, then: A. How many units of output should the monopolist produce in the second plant in order to meet the market demand for its product by minimizing the total cost of production? Show the steps how you have determined [tex]$q_2$[/tex]. B. Prepare a schedule similar to 6.3 for both marginal costs for 1 up to 10 output levels and show how you can determine the total short run output of the monopolist.

[Free] Two people quit work and begin college at the same time. Their salary and education information is given in the table below. | | Salary prior to school | Years attending college | Total cost of college | Salary upon graduating | | -------- | ----------------------- | ----------------------- | ----------------------- | ---------------------- | | Person A | $18,000 | 3 | $45000 | $33,000 | | Person B | $27,000 | 4 | $30,000 | $37,000 | Choose the true statement. a. Person A recovers their investment in a shorter amount of time. b. Person B recovers their investment in a shorter amount of time. c. They recover their investments in the same amount of time. d. There is too little information to compare the time to recover their investments.

[Free] A parcel of land is two acres. It sells for $1.18 per square foot. What is the total selling price for the parcel?

[Free] Korey is planning to open a comic book store. He has developed the following expense breakdown for set-up and operation for the first year. Korey has $8,500 in savings and $25,000 in inheritance money to use to open his store. Will Korey have enough to run his business for a full year? | Expense | Amount | | :------------------------- | :---------- | | Rent | $10,800 | | Insurance | $3,000 | | Store Fixtures | $2,700 | | Computer and Cash Register | $1,200 | | Inventory | $17,400 | A. Yes, Korey will have $1,600 to spare. B. No, Korey will be short $1,600. C. Yes, Korey will have $15,800 to spare. D. No, Korey will be short $15,800.

[Free] Vikram makes detailed business plans before starting any project. This behavior indicates his (A) Avoidance of innovation (B) Fear of failure (C) Planning and organizing ability (D) Indecisiveness

[Free] On December 31, 20X1, Company X completed the sale of its robotics business for $9 million. The robotics business segment qualifies as a component of the entity, according to GAAP. Consider the following additional information: - The book value of the assets of the segment was $7 million at the time of the sale. - The income from operations of the segment during 20X1 was $4 million. - Pretax income from other continuing operations for the year totaled $12 million. - The income tax rate is 25%. Prepare the lower portion of the 20X1 income statement beginning with income from continuing operations before income taxes.

[Free] What does a lender charge a borrower for using the lender's money? A. Discount point B. Interest C. Principal D. Usury

[Free] In a business cycle, a peak occurs when: A. the economy slows down following a period of growth. B. the economy begins to show growth in key economic indicators. C. a period of economic growth reaches its highest point. D. a period of economic decline reaches its lowest point.

[Free] How do lower prices tend to affect demand? A. They tend to increase the availability of a product. B. They tend to decrease the availability of a product. C. They tend to increase the interest in a product. D. They tend to decrease the interest in a product.

[Free] Which company acquired the Huffington Post in 2001? A) Google B) Bing C) AOL D) Yahoo