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. If Hi Phi ... (Read 75 times)

jenna1

  • Hero Member
  • *****
  • Posts: 568
on: Apr 19, 2019

Question 1

Stereo Sound Unlimited has a monopoly over the installation of surround sound systems. If Stereo Sound Unlimitedʹs total revenue from installing 10 sound systems is $20,000 and its total revenue from installing 11 sound systems is $19,000, 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. If Hi Phi Unlimitedʹs total revenue from installing 20 sound systems is $30,000 and its total revenue from installing 21 sound systems is $30,800, what is the marginal revenue of the twenty-first sound system?


◦ -$1,500
◦ -$700
◦ $800
◦ $1,467
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 jenna1 on Apr 19, 2019

chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
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


jenna1

  • Member
  • Posts: 568
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Basic features of the function of many excretory systems. Basic features of the function of many excretory systems.
Effects of the sympathetic and parasympathetic nervous systems Effects of the sympathetic and parasympathetic nervous systems
Involvement of Magnocellular and Parvocellular Systems in Emotional Perception Involvement of Magnocellular and Parvocellular Systems in Emotional Perception
Numeric Color-Coding Systems Numeric Color-Coding Systems
Respiratory system, Urinary and Nervous systems Respiratory system, Urinary and Nervous systems
Sensory systems and Endocrine system Sensory systems and Endocrine system
Video: Coronary Heart Disease

For a complete list of videos, visit our video library