Business
Business, 18.09.2019 06:00, ashtonsilvers2003

When a firm produces one more unit of output the total revenue increases from $838 to $973, and the total cost increases from $514 to $686. when this last unit of output was produced, what was the change in profit? enter a whole number with no dollar sign. enter a negative sign if appropriate.

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Business, 03.08.2019 00:10, QueenNerdy889
When a firm produces 50,000 units of output, its total cost equals $6.5 million. when it increases its production to 70,000 units of output, its total cost increases to $9.4 million. within this range, the marginal cost of an additional unit of output is
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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, 28.09.2019 01:30, raiindrxp
When a firm produces 50,000 units of output, its total cost equals $6.5 million. when it increases its production to 70,000 units of output, its total cost increases to $9.4 million. within this range, the marginal cost of an additional unit of output is $41.43. $134.29. $135. $145?
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