subject
Business, 16.04.2020 01:44 brendaandrade1889

Suppose a competitive firm has cost, C = (0.002q3) + (22q) + 750, marginal cost, MC = 0.006q2 + 22, and revenue, R = 80q. If the firm produces 150 units of output, A. R < C. B. MR < MC. C. marginal profit > 0. D. MR > MC. At this output level (150 units),

A. profit is negative.
B. marginal profit is negative.
C. profit is positive.
D. None of the above.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:00
Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.
Answers: 1
question
Business, 22.06.2019 07:50
Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.
Answers: 2
question
Business, 22.06.2019 19:00
All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.
Answers: 1
question
Business, 22.06.2019 19:30
Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above
Answers: 2
You know the right answer?
Suppose a competitive firm has cost, C = (0.002q3) + (22q) + 750, marginal cost, MC = 0.006q2 + 22,...
Questions
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Social Studies, 18.09.2020 22:01
question
Chemistry, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
History, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01
question
Mathematics, 18.09.2020 22:01