You own a small deli that produces sandwiches, soups, and other items for customers in your town. which of the following is a decision most likely to be made in the short run at your deli?
(a) the dining room where customers eat their meals
(b) loaves of bread used to make sandwiches
(c) cans of tomato sauce used to make soups
(d) employees hired to make food

Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans

Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?

Match the different financial task to their corresponding financial life cycle phases