Business, 07.08.2019 03:20, guardhic7165
Acompany produces at an output level where marginal revenue is equal to marginal cost and has the following revenue and cost levels: marginal cost curve intersects the average variable cost curve at $150. marginal cost curve intersects the average total cost curve at $200. marginal cost curve intersects the marginal revenue curve at $170. what would you suggest this firm should do in the short run?
Answers: 1
Business, 22.06.2019 13:20, ooEVAoo
Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.
Answers: 1
Business, 22.06.2019 16:30, sammuelanderson1371
Which of the following has the largest impact on opportunity cost
Answers: 3
Business, 22.06.2019 20:30, destinyd10189
Before the tools that have come from computational psychiatry are ready to be used in everyday practice by psychiatrics, what is needed
Answers: 1
Business, 22.06.2019 21:50, JewelzSkullz
Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing
Answers: 2
Acompany produces at an output level where marginal revenue is equal to marginal cost and has the fo...
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