--%>

When is not total annual revenue exceeded

As per this demonstrated figure in below, unless something changes the total annual revenue of Robot Butlers, Inc. Can’t exceed: (1) $10,000. (2) $20,000. (3) $100 million. (4) $200 million. (5) $400 million.

965_Price Elasticity of Demand3.png

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Operating in state-Right-to-Work Laws

    When it is illegal to necessitate union membership as a condition of employment for firm, then the firm: (1) Needs all the employees to sign the yellow dog contracts. (2) Can’t sign an agency shop agreement with the union. (3) Can need settlement before workers

  • Q : Profit Maximization-total proceeds and

    The entire profit maximizing organization will hire more labor up to the point where: (w) Average physical product of labor equivalents the nominal wage. (x) Last unit of labor adds uniformly to net revenue and net cost. (y) Marginal product of the labor is at its hig

  • Q : Consumption pattern matching demand

    A house-hold maximizes the satisfaction it derives from the given income by: (i) Buying lottery tickets to save more wealth. (ii) The consumption pattern which matches demand prices with the market prices. (iii) Consuming goods and hence every good is enjoyed uniforml

  • Q : Problem on unionized construction

    The passage of a significantly higher legal minimum wage would be most probable to advantage: (1) College professors. (2) American high-school dropouts in their teens. (3) Philosophy majors. (4) Unionized construction workers. (5) Foreign workers whose production is e

  • Q : Computing economic profit To compute

    To compute the economic profit, it is essential to know the opportunity cost of: (i) Capital. (ii) Land. (iii) Labor. (iv) All the productive resources. Can someone please help me in finding out the accurate answer from the above o

  • Q : Model of production possibilities

    Can someone help me in determining the right answer from the given options. The production possibilities frontier model can be employed to describe: (1) The scarcity. (2) Full employment, efficiency and limited resources. (3) The opportunity costs and

  • Q : Price hike problem of durable good I

    I have a problem in economics on Price hike problem of durable goods. Please help me in the following question. The expectations of price hikes for durable goods tend to: (i) Raise current production, however only for later sale. (ii) Cause firms to r

  • Q : Barriers to entry and long run

    A firm which realizes an economic profit in the short run will carry on generating economic profits in the long run only when: (i) it maximizes economic revenue. (ii) barriers to entry prevent entry from rival firms. (iii) its managers minimize princi

  • Q : Change in total revenue by market power

    When a monopolist raises price, it: (w) always increases its revenue. (x) always reduces its revenues. (y) doesn't influence its revenue. (z) may increase, decrease, or not change total revenue. I need a good answe

  • Q : Explain about term market failure The

    The phrase "market failure" refers to: (w) the failure of market economies to deal with social problems. (x) the Stock Market Crash of 1929. (y) cases where supplies and demands within private markets yield inefficiency, excessive or inequity instabil