Suppose Acme and Mega Produce and Sell Identical Product with Zero

question 110

Multiple Choice

Suppose Acme and Mega produce and sell identical product with zero marginal and average cost.Following is the market demand and marginal revenue curves for the product.
Refer to the figure above.The profit-maximizing quantity and price for a monopolist with this demand curve are _____.

• A) 50 units and $2
• B) 100 units and $2
• C) 50 units and $3
• D) 100 units and $1

Identify enforceability factors of contract modifications discussed through instant messaging.

Apply the doctrine of commercial impracticability to situations where supervening events impact contract performance.

Recognize the types and enforceability of nondisclosure agreements (NDAs) in protecting proprietary information.

Analyze the role and structure of nondisclosure agreements in joint ventures and their impact on confidentiality.

---

Definitions:

Return on Sales Ratio

A financial metric that measures the portion of a company's revenue that is converted into profit.

Net Income Before Taxes

The profit a company generates after all expenses have been deducted from revenues but before income taxes are subtracted.

Liquidity

The ability of an asset to be converted into cash quickly without losing value.

Asset Management

The method of creating, running, upkeeping, and marketing assets in an economical way.