Business, 28.07.2019 07:40 brooke0713
Bob owns a trout farm with monopoly power in north carolina. bob's optimal output occurs where marginal revenue because of monopoly power, bob's supply curve select one: a. exceeds marginal cost; is perfectly inelastic b. equals marginal cost; does not exist c. equals marginal cost; is upward sloping d. exceeds marginal cost; does not exist
Answers: 1
Business, 21.06.2019 15:50
Aceramics manufacturer sold cups last year for $7.50 each. variable costs of manufacturing were $2.25 per unit. the company needed to sell 20,000 cups to break even. net income was $5,040. this year, the company expects the price per cup to be $9.00; variable manufacturing costs to increase 33.3%; and fixed costs to increase 10%. how many cups (rounded) does the company need to sell this year to break even?
Answers: 2
Business, 22.06.2019 03:20
Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.
Answers: 3
Business, 22.06.2019 23:10
Which investment has the liquidity and can be converted into cash easily?
Answers: 2
Business, 23.06.2019 02:10
Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.
Answers: 1
Bob owns a trout farm with monopoly power in north carolina. bob's optimal output occurs where margi...
Mathematics, 07.04.2020 19:14
English, 07.04.2020 19:14
Mathematics, 07.04.2020 19:14
English, 07.04.2020 19:14
Mathematics, 07.04.2020 19:14
Mathematics, 07.04.2020 19:14
History, 07.04.2020 19:14
Mathematics, 07.04.2020 19:15
Mathematics, 07.04.2020 19:15