The advantages of using an export strategy include utilizing excess production capacity to make goods for export and otherwise limiting the amount of capital required to begin competing internationally.
What is the export market strategy?In contrast to domestic marketing, export marketing concentrates on selling your product abroad. Export marketing can be more difficult because you must cater to other cultures, beliefs, and tastes even if it uses identical tactics to domestic marketing. For businesses that are just starting to enter a new overseas market, exporting is an excellent entry strategy.
The benefits of exporting include a substantial increase in your market size and decreased reliance on any one market. Better margins and bigger economies of scale might result from the increased output. You can modify current items to appeal to new markets, which could make your research and development budget work harder.
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the second stage in the business buying decision process is to a. evaluate product and supplier performance. b. develop product specifications. c. search for products and suppliers. d. recognize the problem. e. select the most appropriate product.
Creating product specs is the second phase in the corporate purchasing decision-making process. Analyze the output of suppliers and products.
Business purchasers must first decide the goods and services they need to acquire before searching for, comparing, and selecting between competing brands. This is known as the business purchasing process.
A product specification sheet is a document that lists all the necessary conditions that must be met in order to produce your product. It could contain things like components and raw materials.
Customers go through certain steps in the purchasing process as they assess and contrast various businesses, goods, and services. Knowing this can assist you to comprehend the customer's journey and how to lead them from one process stage to the next.
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which of the following is an analytical report? group of answer choices a report to determine whether a company should outsource its customer support function a report on quarterly sales at a restaurant location a report on the progress of a task force investigating ways to decrease overtime costs a report to stockholders showing the company's profits for the last quarter
A report to determine whether a company should outsource its customer support(customer service) function is an analytical report.
What is customer support(customer service)?Customer support includes a variety of services that help customers use a product in an economical and successful manner. It covers assistance with product disposal as well as planning, setup, training, troubleshooting, maintenance, and upgrades. Technical support refers to assistance with technology-related devices including computers, televisions, mobile phones, software, and other mechanical or electronic goods.
When a situation doesn't require a quick response, the main ways to provide web-based assistance to your consumers are by phone and email. One advantage of email-based communications is that it is inexpensive, unobtrusive, and accessible from anywhere at any time. In order to manage a string of follow-up communications with a specific customer, trouble ticketing systems and CRM applications are used.
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lilliput is a country that has closed borders and does not import or export any goods or services; hence, they do not worry about trade with other countries. total spending for the federal government of lilliput for the last fiscal year was $24.19 billion. the country collected $22.9 billion in taxes during this same fiscal year. assume government transfers were zero. based on this information, what is lilliput's budget balance? enter your answer to two decimal places. budget balance: $ 1.29 billion
-0.01 billion is lilliput's a budget deficit. Total expenditure minus total receipts is the fiscal deficit (excluding borrowings). Revenue outlays plus capital outlays are equal to the revenue inflows plus capital inflows minus borrowings.
Despite being primarily utilised by governments, this has a wide range of applications for both people and companies. A government has a budget deficit when it spends more in a given inflows than it brings in the through taxes, for example. As a straightforward illustration, consider a government that receives $10 billion in revenue one year but spends $12 billion, creating a $2 billion budget deficit.
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is the formal method of analysis used by managers to identify appropriate cost drivers and their effects on the costs of making a product or providing a service Life costing.a Cost analysis bo Crystal grazing Activity Analysis de
Activity Analysis is a systematic way of analysis used by managers to pinpoint the right cost factors and how they affect the price of producing a good or offering a service.
A systematic assessment of an activity to establish its applicability for a specific client or intervention is known as an activity analysis. The activity analysis pinpoints the activity's temporal and physical requirements, as well as its performance skill and client factor requirements, as well as its therapeutic value. A thorough activity analysis can help in figuring out whether the activity in issue will accomplish the therapy's planned aims within the allotted hour and will be suitable for the particular client.
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. A two-office firm, one in Chippewa Falls and another in Fargo, has an audit client that sells medical equipment. The lead audit partner for this client conducts the engagement in the Fargo office. Stockholdings in the client by which of the following persons would not impair the firm’s independence? a. A manager in Chippewa Falls who will provide 26 hours of non-attest services to the client this year. b. A Chippewa Falls staff person who provides no services to the client. c. A tax partner in the Fargo office who provides no services to the client. d. A Fargo staff person working on the audit engagement.
The right response to this question is (b) A member of the Chippewa Falls staff who doesn't offer the client any services.
An auditor, an audit company, and all members who are covered by Rule 100 of Ethics are required to uphold objectivity, independence, and integrity both before and during the audit.
In our example, A client of an accounting firm with two locations—one in Chippewa Falls and one in Fargo—sells medical equipment.
The engagement is managed by the client's lead audit partner in the Fargo office. Thus, Stock holdings by a Chippewa Falls employee who doesn't provide the client with any services would not compromise the independence of the firm.
The audit requires complete independence from all partners, supervisors, and employees working directly on it.
All partners of a CPA firm who have the power to affect the client's audit process are considered covered members.
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an outline can help you organize your message by making sure that all of your main points are well developed.
It holds completely appropriate and factually correct to mention that messages can be organized by an outline, as it makes sure that all the main points on the messages have been well-developed. Therefore, the statement given above holds true.
An outline can be referred to or considered as the literary tool that helps in sequential organization of the composition in such a manner that the work of the author becomes more presentable and appealing to be read. It is generally in relation to the draft of the composition, before the final composition is actually finalized by the author.
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Which of the following would not be classified as a long-term liability?
a. Current maturities of long-term debt
b. Bonds payable
c. Mortgage payable
d. Lease liabilities
a. Current maturities of long-term debt would not be classified as a long-term liability.
In the field of business, a long-term liability can be described as a liability that helps in generating long-term revenue for a company or is valuable for a long period of time.
The current maturity of long-term debt will not be a long-term liability, it will be a current liability. This is because the debt that is taken on long-term will be used in the current time but will be paid in a long term. Hence, it will not prove to be valuable in the long term and will not be a long-term liability.
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what document outlines the work to be performed by a specific employee or group of employees with the same responsibilities?
The roles and responsibilities template is a document outlines the work to be performed by a specific employee or group of employees with the same responsibilities.
The responsibilities template is used as a document outlines the work to be performed by a specific employee or group of employees with the same responsibilities.
It is simple roles and responsibilities template includes a few things which include the job title or specific job position. The detailed description with a list of duties and responsibilities is required qualifications and the staff member to whom the position reports.
The responsibilities template is helpful in the job because to know the duties which has to be performed in the job can help the employee to perform best and can produced effective productivity.
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The larger the share of a good in a consumer's budget, holding everything else constant, the?
a-more unit elastic is a consumer's demand. b-more price elastic is a consumer's demand. c-more vertical is a consumer's demand curve. d-more price inelastic is a consumer's demand.
The larger the share of a good in a consumer's budget, holding everything else constant, the more price elastic is a consumer's demand. Therefore, the option B holds true.
A consumer's demand can be referred to or considered as the quantity related to a particular good or services demanded by an individual at a specific price in the existing economic conditions. The consumer demand is usually dependent upon the disposable income that he or she has for allocation of a specific budget on the purchase of goods and services in the economy during a given period of time.
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1 what would a swot analysis of blue dot reveal to a marketing professional? 2 what are blue dot's strategic goals? 3 is blue dot's strategy one of cost leadership, differentiation, or focus? explain your answer.
A)Create separate brands for customers who are more concerned with value. B) Their strategy is create high quality and attractive furniture that is affordable.C)Blu Dot uses the Cost Leadership strategy. This strategy builds a competitive advantage by having the lowest operating costs in the industry.
SWOT evaluation Strengths: Customers can purchase elegant, high-quality furniture from them at reasonable prices. Weaknesses: They are unable to purchase what they want and dislike what they can. Opportunities: Develop distinct brands for consumers who care more about value. As a result, there may be a chance to draw in clients prepared to pay more for expensive, fashionable furniture while simultaneously retaining those who choose lower-cost options. Threats include rival furniture retailers in their target region.Their plan is to provide furniture that is both stylish and good quality but yet reasonably priced.They keep costs and prices low by using streamlined pieces made of materials that are readily available and using straightforward manufacturing procedures.
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In your own words, please define what ethics are, and how they should be used during the emailing process.
Answer:
Explanation:Ethics are principles that guide the behavior of individuals or groups. They provide a framework for making decisions and determining what is right and wrong in a given situation. Ethics are often based on values such as honesty, fairness, respect, and responsibility.
In the context of emailing, ethics should be considered when sending and receiving messages. Some ethical considerations in email communication include:
Honesty: It is important to be honest in your emails and to provide accurate information.
Respect: It is important to respect the privacy and boundaries of others when emailing. This includes not sending unsolicited emails or spam, and not sharing personal information without permission.
Confidentiality: If you are handling sensitive or confidential information in your emails, it is important to protect that information and only share it with those who have a need to know.
Professionalism: It is important to maintain a professional tone in your emails and to avoid using inappropriate language or behavior.
Overall, ethics in emailing involve treating others with respect, honesty, and professionalism, and being mindful of the impact of your actions on others.
Answer:
Your communication conveys your personality, work ethic, and attention to detail. Companies may benefit from implementing email etiquette best practices for the following reasons:
Professionalism: Using proper email etiquette reflects the organization's professionalism.
Emails that adhere to etiquette are direct and concise, conveying their message quickly.
Explanation:
1. Include a clear, direct subject line.
2. Use a professional email address.
3. Use professional salutations.
4. Be cautious with humour.
5. proofread every message.
6. Act professionally.
let's say you have a 50% margin trading account, and you use all of your buying power to buy a stock. this stock's price falls by 50%. how much money did you lose? 25% 50% 75% 100%
let's say you have a 50% margin trading account, and you use all of your buying power to buy a stock. this stock's price falls by 50%. how much money you lose is 100%.
In finance, stock consists of all the shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. A stock represents a share in the ownership of a company, including a claim on the company's earnings and assets. As such, stockholders are partial owners of the company.
Fractional shares of stock also represent ownership of a company but at a size smaller than a full share of common stock. As it turns out, investing isn't as hard — or complex — as it might seem. That's because there are plenty of tools available to help you. One of the best is stock mutual funds, which are an easy and low-cost way for beginners to invest in the stock market.
Dividend Aristocrats, which are companies that have increased dividends for at least 25 consecutive years, are considered safe stocks. Stocks provide stability. They've been the go-to investment to build wealth for individuals and organizations for most of the 20th century and into the 21st century. Cryptocurrency is a riskier investment. It offers the chance for big rewards but at higher risk.
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which level of government is most heavily dependent on service charges and fees to finance their services?
Answer:
central government
Explanation:
Which of the following statements is true about marginal analysis? A. Marginal analysis is a tool used in optimization in levels.
B. Marginal analysis involves the calculation of the total net benefits of all the available alternatives.
C. Marginal analysis compares the consequences of doing one more step of something.
D. Marginal analysis of alternatives will mostly give an outcome different from optimization in levels.
The following statements is true about marginal analysis Marginal analysis compares the consequences of doing one more step of something.
Which of the following claims concerning marginal analysis is accurate?Marginal analysis examines the effects of taking an additional step in a process. The marginal analysis looks at the difference brought on by an extra unit of a variable. For instance, marginal utility describes the benefit from consuming one more unit of a good.
Which of the following is not true: Which of the following is not trueThe additional profit that a company can obtain by increasing production by one more unit is known as the marginal benefit.
What exactly does a marginal analysis entail?In a marginal analysis, the difference between an activity's added benefits and its additional costs is examined. To maximize their prospective revenues, businesses employ marginal analysis as a decision-making tool.
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if there is a cash shortage, the company borrows money. if a surplus occurs funds are used to repay loans or to invest in short-term assets. all borrowing, repayments, and interest payments occur on the last day of the month. the interest rate is 1% per month. the amount of interest expense incurred for january is:
On the final day of the month, $3,000 would be lent. As a result, the Company had no debt in January, therefore there was no interest expense during that month as well.
What exactly is business interest?The cost a company charges a lender (creditor) for a loan is called interest. Although many other arrangements are available, interest payments are typically based on the remaining balance of a loan & paid on a monthly basis. At a predetermined interest rate, interest is often computed like a percentage of a loan amount.
What is the primary motivation for interest?An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a lender, the interests rate is the sum you pay for borrowing money and is expressed as a proportion of the total loan amount.
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when riley, a physical therapist, prescribes stretches and exercises to his patients, he is communicating externally.
It is true that Riley, a physical therapist, prescribes stretches and exercises to his patients when he is communicating externally.
Who is a physical therapist?A physical therapist whose abbreviated form is PT is a health specialist who evaluates and treats human body disorders. They may help us to manage illnesses or injuries to our Musculoskeletal system (bones and muscles), Neurological systems (brain), Cardiopulmonary system (heart and lungs) and Integumentary system (skin). Some people visit a physical therapist for advice on becoming healthier and how to prevent future problems from occurring.
Physical therapists help people of all ages and at different life stages.
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The real interest rate is equal to the nominal interest rate A. minus the inflation rate. B. plus the inflation rate. C. divided by the inflation rate. D. times the inflation rate. E. plus the real interest rate divided by the inflation rate
The real interest rate is equal to the nominal interest rate minus the inflation rate.
What is the real interest rate?The interest rate on loans has been adjusted for inflation using the GDP deflator. However, the terms and conditions governing lending rates vary in every nation, restricting the ability to compare them. In other words, a low or negative real interest rate promotes economic risk-taking. The supply and demand of credit are influenced by interest rate levels: as the need for money or credit rises, interest rates rise as well, whereas as the demand for credit declines, interest rates fall.
Fundamentally, the amount of savings and fixed investment in the economy determines real interest rates. If all else is equal, a drop in the real interest rate results from rising savings or falling fixed investment, whereas an increase in the real interest rate results from falling savings or rising fixed investment.
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the amount of federal income taxes withheld from an employee's gross pay is recorded as a(n) Opayroll expense Oliability O contra account O asset Guided ided
Option c. A current liability is a correct answer. The amount of federal income taxes withheld from an employee's gross pay is recorded as a current liability
Under employment law, employers operate as intermediaries between employees and state and federal agencies. It is the obligation of employers to track and pay taxes, social security, and other payments from employee pay to government agencies.
The company must remit the amount withheld each quarter which means the amounts are owed in the current period. When taxes are paid, the FIT Payable account is debited to balance the transactions.
Option a) is incorrect as no asset is created by the withholding.
Option b) is incorrect as the taxes are not an expense paid by the company.
Option d) is incorrect as the payable operates as a normal liability account.
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which of the following is not one of the common types of responsibility centers?
One of the less prevalent categories of responsibility centers is the revenue center. A responsibility center is a functional organization within a company with distinct goals and personnel.
An accountability center is what?
An operational unit or entity inside an organization that is in charge of all the duties and activities planned for that unit is known as a responsibility center. These facilities have their own aims, staff, goals, policies, and financial reports.
What types of responsibility centers are there?
A responsibility center may be a profit center, an investment center, a cost center, or any type of administrative center determined by the company. A sales office, a buying department with many sites, and a plant planning office are a few examples of responsibility centers.
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In economics, the term "shoutdown point" refers to the point where the Marginal cost curve crosses the total revenue curve average variable cost curve crosses the total revenue curve. Average variable cost curve crosses the marginal cost curve. Marginal cost curve crosses the average variable cost curve.
In economics, the term "shoutdown point" refers to the point where the marginal cost curve crosses the average variable cost curve. The Option D is correct.
What Is a Shutdown Point?A shutdown point refers to the level of operations at which a company experiences no benefit for continuing operations and therefore, decide to shut down temporarily or cases permanently. It often results from combination of output and price where the company earns just enough revenue to cover its total variable costs.
In essence, this point denotes the exact moment when a company’s marginal revenue is equal to its variable costs, that is, it occurs when the marginal profit becomes negative.
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in the supply chain, components or parts are referred to as: secondary products. upstream materials, organizations, and processes. raw materials. intermediate products. downstream organizations and processes.
In the supply chain, components or parts are referred to as intermediate products.
Manufacturing requires the incorporation or transformation of one or more ingredients into a finished product. Intermediate products or intermediate goods are interchangeably known as producer goods and semifinished goods are items used in the production of another item, which could be a finished good or another intermediate good that is further along the value chain.
Intermediate goods are always either incorporated into another product or transformed in some way as part of the manufacturing process.
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helen is a graduate student at a state university. in 2021, she received a scholarship of $10,500 ($7,000 for tuition and fees and $3,500 for campus housing) and a graduate assistantship that pays $6,000. what is the amount that she must report on her tax return?
The amount that she must report on her tax return is $9,500
What is tax ?A tax is a mandatory financial charge or other kind of levy placed on a taxpayer by a government agency to pay for government expenses and other public expenditures.
According to the given information
Amount she needs to disclose on her tax return
= Cost of campus housing + Amount for graduate assistantship
= $3,500 + $6,000
= $9,500
Scholarship used for tuition fees is exempt from tax
Hence
The amount that she must report on her tax return is $9,500
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19. You buy lunch every day of the week at a local café. What is MOST LIKELY true about this purchase?
There is no other alternative option to making this purchase each day.
This is a small purchase, so it makes no effect on your financial situation.
This purchase is a necessity because you have to eat lunch every day to survive.
↓
This is a small purchase, but it adds up over time to affect your financial situation.
This is a small purchase, but it adds up over time to affect your financial situation.
using the performance planner on a monthly basis allows you to optimize which two aspects of an account?
Using the performance planner on a monthly basis allows you to optimize bid and budget aspects of an account.
What is a budget?
A budget is a written plan you create to determine how much money you will spend each month. You may ensure that you have adequate money each month by using a budget. You can run out of money before your next payday if you don't have a budget. How much money you make is shown by your budget.
what is a bid account?
A bidder registration form must be completed and submitted in order to establish a bidder account, which is a user profile on the website that grants access to auctions.
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jennifer applied for a waitress job at sam's coffee shop. the recruiter asked her to make five different types of beverages and wait tables for an hour. in this scenario, the recruiter conducted a
Jennifer applied for a waitress job at sam's coffee save. the recruiter requested her to make five one-of-a-kind varieties of liquids and wait tables for an hour. in this state of affairs, the recruiter performed a piece pattern.
They may be specialists in interior locating, screening and attracting of candidates for open positions. Recruiters very very own the complete competencies acquisition manner from prevent-to-give up. this could encompass marketing the manner starting up, reviewing resumes, interviewing candidates and running with hiring managers to find the right match.
Someone who persuades human beings to art work for an enterprise or end up new individuals of an enterprise employer, specially the navy: He worked as a military recruiter in Texas.
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the main purpose of capital budgeting is to help managers make decisions about a. short-term investments. b. discounts to offer to customers. c. nonfinancial constraints on expansion. d. long-term investments.
Capital Budgeting is the method of making financial choices involving investing in long-term assets for a business.
It includes conducting a thorough evaluation of risks and returns earlier than approving or rejecting a prospective funding decision.
What is the purpose of capital budgeting?Capital budgeting is used via organizations to consider predominant tasks and investments, such as new flowers or equipment. The process includes examining a project's cash inflows and outflows to decide whether the expected return meets a set benchmark.
Why is capital budgeting important?Capital budgeting is a treasured tool due to the fact it offers a means for evaluating and measuring a project's cost throughout its lifestyles cycle. It approves you to assess and rank the fee of initiatives or investments that require a massive capital investment.
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https://brainly.com/question/14020241#SPJ4Identify a true statement about kaizen.
O It involves a huge financial investment.
O It is performed on a part-time basis.
O It is an intense, rapid improvement process.
O It is based on the concept of continuous improvement.
Option D is correct. Kaizen is based on the concept of continuous improvement.
Kaizen is a Japanese expression meaning change for the better or continuous improvement. A Japanese business philosophy worries the cycles that consistently further develop tasks and include all representatives. Kaizen considers improvement in efficiency to be a continuous and calculated process.
The idea of kaizen envelops many thoughts. It includes making the workplace more productive and powerful by making a group air, working on ordinary methods, guaranteeing representative commitment, and making some work really satisfying, less tiring, and more secure.
Thee five standards lead to three significant results: disposal of waste (likewise alluded to as financial productivity), great housekeeping, and normalization. In a perfect world, kaizen turns out to be so imbued in an organization's way of life that it ultimately becomes normal to representatives.
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which of the following is an advantage of buying a part instead of making it? multiple choice question. economies of scale can result in higher quality and lower costs from suppliers. buying from suppliers ensures a smoother flow of parts and materials. companies can control quality better by purchasing from a supplier. companies can realize profits from the parts and materials that it makes in addition to profits from its regular operations.
The advantage of buying a part instead of making it is economies of scale can result in higher quality and lower costs from suppliers. So option a. is correct.
A make-or-buy decision is an act of choosing between manufacturing a product in-house or purchasing it from an external supplier. Make or buy decisions, like outsourcing decisions, speak to a comparison of the costs and advantages of producing in-house versus buying it elsewhere. There are many factors at play that may tilt a company from making an item in-house or outsourcing it.
Companies use quantitative analysis to determine whether making or buying is the most cost-efficient method.
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which of the following would not be used as a summary performance measure when using market multiples to determine value? select one: a. net operating profit after tax b. book value c. stock price d. net operating assets
Stock price- would not be used as a summary performance measure when using market multiples to determine value.
Stock PriceWhen a publicly traded firm's shares are issued, they are assigned a price - a value that ideally represents the worth of the company itself. A stock's price will fluctuate in response to a variety of causes, including changes in the overall economy, changes within industries, political events, conflict, and environmental issues. If a firm provides an item that few others make or a good that is in high demand, the price of its shares will rise since demand is high. When the supply of an item equals the demand, stock prices tend to level off.
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calculate the deadweight loss associated with the monopoly situation shown.
Deadweight loss is $120 with price, cost, and market quantity of $100, 140. (Units).
What is Monopoly?When there is just one seller in the market, this situation is referred to as a monopoly. The monopoly situation is viewed as the polar opposite of perfect competition in standard economic theory.
The firm produces at M = P if it operates at a level that is socially optimal.
Where,
Q = 140 units,
and P = 10.
If a firm has a monopoly on production, then
It produces at MR = MC
Where,
Q = 100
P = 13 as depicted on the demand curve and MC = 7
Deadweight loss
= 0.5 × (monopoly price - MC) × changes in Q
= 0.5 × (13 - 7) × (140 - 100)
= 120
The deadweight loss is $120
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The full question is,
Calculate the deadweight loss associated with the monopoly situation shown. Price and Cost $13 ---- $10--- $7 MR 100 140 Market Quantity (Units) Click or tap the numbers or use your keyboard to type. If you're not sure, just take a guess. 0 1 2 3 4 5 6 7 8 9 + Done Done
