Business, 11.12.2019 18:31 miguelc2145

Abeekeeper lives adjacent to an apple orchard. the orchard owner benefits from the bees because each hive pollinates about one acre of apple trees. the orchard owner pays nothing for this service, however, because the bees come to the orchard without his having to do anything because there are not enough bees to pollinate the entire orchard, the orchard owner must complete the pollination by artificial means, at a cost of £10 per acre of trees.
beekeeping has a marginal cost
mc = 10 + 5q,
where q is the number of beehives. each hive yields £50 worth of honey.
a) assuming the beekeeper wishes to maxmise his profits, how many beehives will the beekeeper maintain?
b) what is the socially effiecient number of hives?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 15:00

Portia grant is an employee who is paid monthly. for the month of january of the current year, she earned a total of $8,388. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year and the fica tax rate for medicare is 1.45% of all earnings. the futa tax rate of 0.6% and the suta tax rate of 5.4% are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from her earnings was $1,391.77. what is the total amount of taxes withheld from the portia's earnings?

Answers: 2

Answer

Business, 22.06.2019 15:00

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?

Answers: 1

Answer

Business, 23.06.2019 03:10

What two categories do strategic choices fall within? a. generic business strategies and cost leadership strategies b. business-level strategies and corporate-level strategies c. cost leadership strategies and corporate-level strategies d. diversification strategies and leadership strategies e. pricing strategies and cost-leadership strategies

Answers: 1

Answer

Business, 23.06.2019 16:30

Choose the term that best matches the description given. when the materials for the product are in short supply, but the demand is high, it is called

Answers: 1

Answer

You know the right answer?

Abeekeeper lives adjacent to an apple orchard. the orchard owner benefits from the bees because each...

Questions