subject
Business, 04.04.2020 06:16 santiagohgonzales

Ron’s Window Washing Service is a small business that operates in the perfectly competitive residential window washing industry in Evanston, Illinois. The short-run total cost of production is STC(Q)=40+10Q+0.1Q2, where Q is the number of windows washed per day. The corresponding short-run marginal cost function is SMC(Q)=10+0.2Q. The prevailing market price is $20 per window.
a. How many windows should Ron wash to maximize the profit?
b. What is Ron's maximum daily profit?
c. What is Ron's short-run supply curve, assuming that all of the $40 per day fixed costs are sunk?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 20:20
Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b
Answers: 2
question
Business, 22.06.2019 21:30
Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure
Answers: 1
question
Business, 23.06.2019 00:20
According to the naeyc curriculum is effective when all of the following occur except
Answers: 2
question
Business, 23.06.2019 07:00
Choose all that apply. a financially-responsible person has a budget has no plan spends less than they make pays for everything with a credit card saves their money pays bills on time
Answers: 1
You know the right answer?
Ron’s Window Washing Service is a small business that operates in the perfectly competitive resident...
Questions
question
Mathematics, 13.05.2021 16:40
question
English, 13.05.2021 16:40
Questions on the website: 13722363