Afirm producing good y recently increased monthly production from 1,500 units to 2,000 units. this had no impact on the market price of good y. at the new production level of 2,000 units, the firm's average cost is $3.5 while its marginal cost of production is $4. the marginal revenue however is fixed at $5 for all levels of output. jake williamson is the operations head of the firm. jake feels that, since the firm has the capacity, it should have increased production further to 2,500 units which would have maximized profits. on the other hand, mathew hayden of the market research team anticipates an increase in price to $5.5 in the near future. he therefore claims that the firm may not be maximizing economic profit in the short run even at 2,500 units
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Business, 23.06.2019 01:30
True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.
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Business, 23.06.2019 16:00
On january 2, 2016, twilight hospital purchased a $94,800 special radiology scanner from bella inc. the scanner had a useful life of 4 years and was estimated to have no disposal value at the end of its useful life. the straight-line method of depreciation is used on this scanner. annual operating costs with this scanner are $106,000. approximately one year later, the hospital is approached by dyno technology salesperson, jacob cullen, who indicated that purchasing the scanner in 2016 from bella inc. was a mistake. he points out that dyno has a scanner that will save twilight hospital $26,000 a year in operating expenses over its 3-year useful life. jacob notes that the new scanner will cost $111,000 and has the same capabilities as the scanner purchased last year. the hospital agrees that both scanners are of equal quality. the new scanner will have no disposal value. jacob agrees to buy the old scanner from twilight hospital for $40,500. if twilight hospital sells its old scanner on january 2, 2017, compute the gain or loss on the sale. prepare an incremental analysis of twilight hospital.
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Business, 23.06.2019 17:20
How do unseen costs make it difficult to decide if it is better for government or private companies/people to spend our money? provide an example using a βseenβ and βunseenβ cost to prove your answer.
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Business, 23.06.2019 19:10
About 300 billion dollars in taxes is lost in the united states alone due to an underground economy, which involves paying individuals cash rather than having them on the official payroll
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Afirm producing good y recently increased monthly production from 1,500 units to 2,000 units. this h...
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