Asingle‐price monopolist is producing 8,000 units of output. at that level,
price equals $10, average total cost equals $12, and average variable cost
equals $8. in addition, both marginal cost and marginal revenue equal $6.
which of the following statements is correct in the short run?
a. the firm is earning total revenues equal to $96,000.
b. the firm could reduce its loss by shutting down.
c. the firm has a loss per unit equal to $4.
d. the firm is minimizing its economic loss at $16,000.
e. the firm is earning an economic profit equal to $16,000.

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)

Brody corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. beginning inventory for january consisted of 1,050 units that were 65% completed. 10,900 units were started into the process during january. on january 31, the inventory consisted of 500 units that were 50% completed. what would be the equivalent units for direct materials cost using the weighted average method?