Suppose an avocado farm has cost: Upper C equals 0.002 q cubed plus 22 q plus 750 (where q is measured in bushels). Marginal cost is: MC equals 0.006 q squared plus 22. The market price per bushel of avocados is $45. In the short-run, this firm's profit is In the short-run, this firm's profit is nothing. (Round your response to the nearest penny.) In the long-run, A. economic profit for a representative firm is negative. B. economic profit for a representative firm is positive. C. economic profit for a representative firm is zero.

Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t

He management's discussion and analysis (md& a) required in general purpose federal financial reporting is different than that required by gasb of state and local governments in that: a. it includes information about the agency's performance goals and results in addition to financial activities. b. it is outside the general purpose federal financial report and is optional, not required. c. it is a part of the basic financial statements and, as a result, it is audited along with the financial statements. d. there are no significant differences.

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?