This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Hi Phi Sound Unlimited has a monopoly over the installation of surround sound systems. Hi Phi ... (Read 64 times)

khang

  • Hero Member
  • *****
  • Posts: 569
on: Apr 19, 2019

Question 1

Stereo Sound Unlimited has a monopoly over the installation of surround sound systems. If Stereo Sound Unlimited's total revenue from installing 10 sound systems is $20,000 and its total revenue from installing 11 sound systems is $18,000, what is the marginal revenue of the eleventh sound system?


◦ -$2,000
◦ -$1,000
◦ $2,000
◦ $3,800

Question 2

Hi Phi Sound Unlimited has a monopoly over the installation of surround sound systems. Hi Phi Unlimited's total revenue from installing 15 sound systems is $30,000 and its total revenue from installing 18 sound systems is $33,000. The marginal revenue received from selling the 18th sound system is


◦ equal to the price of the 16th sound system.
◦ greater than the price of the 16th sound system.
◦ less than the price of the 16th sound system.
◦ Indeterminate from the given information.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by khang on Apr 19, 2019

lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


khang

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Apr 19, 2019
TY


lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Body systems and their major functions. Body systems and their major functions.
Systems of humans Systems of humans
Fred Wilson, Metalwork 1793–1880, from Mining the Museum: An Installation by Fred Wilson Fred Wilson, Metalwork 1793–1880, from Mining the Museum: An Installation by Fred Wilson
The Transduction of Sound Vibrations in the Auditory System The Transduction of Sound Vibrations in the Auditory System
Prefilled Unit-Dose Systems Prefilled Unit-Dose Systems
Systems with Three or More Particles Systems with Three or More Particles
Video: Subunits of DNA And Semi Conservative Replication

For a complete list of videos, visit our video library