Suppose that a monopoly firm finds that its mr is $50 for the first unit sold each day, $49 for the second unit sold each day, $48 for the third unit sold each day, and so on. further suppose that the first worker hired produces 5 units per day, the second 4 units per day, the third 3 units per day, and so on. a. what is the firm’s mrp for each of the first five workers? worker mrp unregulated1. suppose that the monopolist is subjected to rate regulation and the regulator stipulates that it must charge exactly $40 per unit for all units sold. at that price, what is the firm’s mrp for each of the first five workers? worker mrp unregulated1. if the daily wage paid to workers is $170 per day, how many workers will the unregulated monopoly (s)if the daily wage paid to workers is $170 per day, how many workers will the regulated monopoly (s)looking at those figures, will the regulated or the unregulated monopoly demand more workers at that wage? choose: unregulated monopoly and regulated monopolyd. if the daily wage paid to workers falls to $77 per day, how many workers will the unregulated monopoly (s)if the daily wage paid to workers falls to $77 per day, how many workers will the regulated monopoly (s)looking at those figures, will the regulated or the unregulated monopoly demand more workers at that wage? choose: unregulated monopoly and regulated monopolye. comparing your answers to parts c and d, does regulating a monopoly’s output price always increase its demand for resources? choose: yes or no

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The starr theater, owned by meg vargo, will begin operations in march. the starr will be unique in that it will show only triple features of sequential theme movies. as of march 1, the ledger of starr showed: cash $3,150, land $22,000, buildings (concession stand, projection room, ticket booth, and screen) $10,000, equipment $10,000, accounts payable $7,300, and owner’s capital $37,850. during the month of march, the following events and transactions occurred.mar. 2 rented the three indiana jones movies to be shown for the first 3 weeks of march. the film rental was $3,600; $1,600 was paid in cash and $2,000 will be paid on march 10.3 ordered the lord of the rings movies to be shown the last 10 days of march. it will cost $200 per night.9 received $4,500 cash from admissions.10 paid balance due on indiana jones movies rental and $2,200 on march 1 accounts payable.11 starr theater contracted with adam ladd to operate the concession stand. ladd is to pay 15% of gross concession receipts, payable monthly, for the rental of the concession stand.12 paid advertising expenses $900.20 received $5,100 cash from customers for admissions.20 received the lord of the rings movies and paid the rental fee of $2,000.31 paid salaries of $2,900.31 received statement from adam ladd showing gross receipts from concessions of $6,000 and the balance due to starr theater of $900 ($6,000 × 15%) for march. ladd paid one-half the balance due and will remit the remainder on april 5.31 received $9,200 cash from customers for admissions.1.) enter the beginning balances in the ledger.2.) journalize the march transactions. starr records admission revenue as service revenue, rental of the concession stand as rent revenue, and film rental expense as rent expense. (credit account titles are automatically indented when the amount is entered. do not indent manually. record journal entries in the order presented in the problem. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)3.) post the march journal entries to the ledger. (post entries in the order of journal entries presented in the previous question.)