Business
Business, 02.08.2019 23:10, alexandraschwartz21

For an output level below qe , the value of a unit to a buyer is the cost of a unit to a seller. suppose a firm that produces for this market is able to dump toxic chemicals into a river next to its factory, which poisons wildlife and harms the health of nearby residents, who have no business with the company. this scenario is characterized by , which is an example of .

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Business, 17.09.2019 22:30, angie1129
Suppose your firm has a marginal revenue given by the equation mr = 10 - q, where q is the quantity produced and sold. this means that the seventh unit of output brings in 10 - 7 = $ 3 of additional revenue. the marginal cost for your firm is given by the equation mc = 2 + q. this means that the seventh unit of output increases the marginal cost by 2 + 7 = $ 9. if the firm produces the seventh unit of output, marginal cost will be marginal revenue. in which of the following cases, will the profit of the firm be maximized? (a) when the marginal cost of producing an additional unit equals the marginal revenue from that unit. (b) when the average cost of producing an additional unit equals the marginal revenue from that unit. (c) when the marginal cost of producing an additional unit is less than the marginal revenue from that unit. (d) when the average cost of producing an additional unit is less than the marginal revenue from that unit. the profit-maximizing level of output is units.
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Business, 19.09.2019 19:00, leonardoocampo4544
Suppose your firm has a marginal revenue given by the equation mr = 10 - q where q is the quantity produced and sold. this means that the seventh unit of output brings in 10 - 7 = $3 of additional revenue. the marginal cost for your firm is given by the equation mc = 2 + q. this means that the seventh unit of output increases the marginal cost by 2 + 7 = $9. if the firm produces the seventh unit of output, marginal cost will be marginal revenue. in which of the following cases, will the profit of the firm be maximized? a. when the marginal cost of producing an additional unit equals the marginal revenue from that unit. b. when the average cost of producing an additional unit equals the marginal revenue from that unit. c. when the marginal cost of producing an additional unit is less than the marginal revenue from that unit. d. when the average cost of producing an additional unit is less than the marginal revenue from that unit. the profit-maximizing level of output is units.
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Business, 10.10.2019 03:30, Jessietorres5024
Smith company is a perfectly competitive firm. the market price of its output is $10. the firm is currently producing 100 units of output. at this level of output, the firm’s average total cost is $10 per unit, its average variable cost is $9 per unit, and its marginal cost is $10 per unit. on the basis of this information, what can we say?
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Business, 29.10.2019 21:31, MileenaKitana
Suppose that a firm in monopolistically competitive market is producing 30 units of output. at this level of production, the firm charges $50 per unit. its marginal cost is $24 and marginal revenue is $24, and average cost is $20 per unit. given this information, in the long run you would expect a. firms to exit the market. b. price to increase. c. firms to maintain their current output and price. d. firms to enter the market
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