Business
Business, 01.10.2019 18:10, genyjoannerubiera

You've invested a lot in moondogs -- now you need to find the right price to charge for your coffee. it has to be low enough to attract business, but high enough to ensure you make a profit. what's a good step in figuring out the right price?

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Answers: 3

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Business, 22.06.2019 23:20, fedora87
Assume a competitive firm faces a market price of $60, a cost curve of c = 0.003q^3 + 25q + 750, and a marginal cost of curve of: mc = 0.009q^2 + 25.the firm's profit maximizing output level (to the nearest tenth) is , and the profit (to the nearest penny) at this output level is $ will cause the market supply to (shift right/shift left). this will continue until the price is equal to the minimum average cost of $
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You've invested a lot in moondogs -- now you need to find the right price to charge for your coffee....

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