subject
Business, 31.10.2019 06:31 Jasten

Assume that in short-run equilibrium, a particular monopolistically competitive firm charges $10 for each unit of its output and sells 50 units of output per day. the average total cost (atc) for those 50 units is $6. instruction: round your answers below to the nearest whole number. how much revenue will it take in each day? $ what will be its economic profit or loss? $ next, suppose that entry or exit occurs in this monopolistically competitive industry and establishes a long-run equilibrium. if the firm’s daily output remains at 50 units, what price will it be able to charge? $

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:10
Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.
Answers: 2
question
Business, 22.06.2019 20:00
Double corporation acquired all of the common stock of simple company for
Answers: 1
question
Business, 23.06.2019 00:00
Todd and jim learned that in building a business plan, it was important for them to:
Answers: 1
question
Business, 23.06.2019 05:30
When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify:
Answers: 1
You know the right answer?
Assume that in short-run equilibrium, a particular monopolistically competitive firm charges $10 for...
Questions
question
History, 06.05.2020 20:05
question
English, 06.05.2020 20:05
Questions on the website: 13722367