Business

Business, 23.10.2019 03:00, nurmukhammada

Amonopolistic seller of rare oriental rugs discovers that 60% of the population is willing to pay $1,000 for a rug. the remaining 40% of the population is willing to pay $2000. each rug costs $600 to produce. how much should the monopolist charge for each rug?

answer

Answers: 3

Show answers

Similar questions

Предмет

Social Studies, 05.07.2019 09:30, ChloeN8912

regina's rug emporium offers the widest variety of persian and oriental rugs in the area. regina regularly travels worldwide to find and buy the most exquisite and unusual rugs that foreign producers have to offer. regina is a(n)

Answers: 1

Предмет

Social Studies, 16.10.2019 04:20, zoeyjorschumb17

The broker and the seller know of major plumbing repairs needed on the seller's property. they, therefore, sell the house to a buyer "as is" but do not disclose plumbing problems. the buyer discovers the defects after closing and decides to sue the broker and seller. what is the most likely outcome of this decision?

Answers: 1

Предмет

Biology, 18.10.2019 17:30, makoa

Which of the following best defines gene flow? the sum of all genetic traits in a population’s individuals at a given time any movement of genes from one population to another any movement of organisms from one environment to another the random change in the frequency of an allele in a populatio

Answers: 1

Предмет

Business, 25.10.2019 04:43, kaylakk5

Amonopolistic seller of sports cars has traced out the following demand curve: 10 customers have willingness to pay (wtp) of $100k each, another 10 customers have wtp of $150k each, another 10 customers have wtp of $200k each; and a further 15 customers have wtp of $250k. each sports car costs $50k to produce, but the production process requires a fixed machinery investment of $1.5m as well. the seller is considering setting one of the following prices: i. a price of $150k ii. a price of $200k iii. a price of $250k what is the order of the profits, from greatest to least, generated by these three pricing schemes? 1) ii > i > iii2) iii > i > ii3) i > ii > iii4) ii > iii > i

Answers: 2

Do you know the correct answer?

Amonopolistic seller of rare oriental rugs discovers that 60% of the population is willing to pay $1...

Questions in other subjects:

Konu

Physics, 20.07.2021 06:00

Question 13 (1 point) Consider the diagram below. What is the acceleration of the system? Fi = 15 N [E] F2 = 60 NW] m = 5 kg = 20 N[E] a) 19 m/s2 [E]...

Konu

Mathematics, 20.07.2021 06:00

A triangle is rotated 90° about the origin. Which rule describes the transformation? (x, y) (-x, -y) O(x, y) (-y, x) (x, y) (-), -x) (x, y) →ly, -x)...

Konu

History, 20.07.2021 06:00

How did the Neolithic Revolution impact the economies of early human society's

Konu

Mathematics, 20.07.2021 06:00

Me ayudan con esto es de multiplicación de monomios con su procedimiento

Konu

Mathematics, 20.07.2021 06:00

Which points are the same as (13, 13º)? Check all that apply?

Konu

Mathematics, 20.07.2021 06:00

Last one help me asap please and thank you ...

Konu

Mathematics, 20.07.2021 06:00

Find the place value of 8 in 2456.1387. Tenths Hundredths Thousandths Thousands...

Konu

Social Studies, 20.07.2021 06:00

What is communication...

Konu

English, 20.07.2021 06:00

000050 E o 52:15 (1) The nation's energy use is largely dependent on fossil fuels. (2) These fuels are nonrenewable resources, and they c...

Konu

Mathematics, 20.07.2021 06:00

Pls solve this for me ryt now wai abeg ...The first three terms of an arithmetic progression (A. P) are (x+1),(4x-2) and(6x-3) respectively .If the last term is 18,find the...

Other tasks in the category: Business More task