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Lelechka [254]
2 years ago
14

At its current level of output, a firm’s total revenue is greater than its total variable cost but less than its total cost. if

the firm is producing at the point where marginal revenue is equal to marginal cost, what should the firm do to maximize profit in the short run?
SAT
1 answer:
const2013 [10]2 years ago
7 0

In order to maximize profit in the short run; Company is to continue operating at that output level in the short term, since total revenue will cover all of the firm's variable costs and some of its fixed costs.

<h3>How to maximize profit?</h3>

Every firm in the market operates with the primary aim of making profit, which is different from the government that has a primary aim of creating welfare for the people. Thus, a profit-maximizing level of output is determined at the point where marginal revenue (MR) equals marginal cost (MC).

Finally, In order to maximize profit in the short run what the company should do is to continue operating at that output level in the short term, since total revenue will cover all of the firm's variable costs and some of its fixed costs.

Read more about Maximization of Profit at; brainly.com/question/13464288

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You're doing a story on meth heads. You grab a picture of a random woman to run with the story. You're guilty of what?
morpeh [17]
Kidnapping, larceny, and identity theft
8 0
3 years ago
John believes that the amount of sleep he gets the night before a test and his score on that test are inversely related. On his
trasher [3.6K]

John will need to sleep for 10.3 hours before  his second exam so that the

average of his two exam scores is an 80.

We were given

8 hours of sleep = 70

To get average of 80

<u>70+ x</u> = 80

  2

Cross multiply:

70+x = 160

x= 160-70

 = 90.

If  8 hours of sleep = 70

       x hours of sleep = 90

Cross multiply

8× 90 = 70 × x

720 = 70x

x = 720/70

x  = 10.2857

    ≈ 10.3 hours of sleep

Read more about Equation here brainly.com/question/17202391

5 0
3 years ago
What is the initial direction of deflection for the charged particle entering the magnetic field shown in (Figure 1) (a) ?
lesya692 [45]

If the current is pointing into the page, the direction of the magnetic field will be upwards.

<h3>What is direction of magnetic field?</h3>

The Maxwell right-hand thumb rule is used to indicate the direction of the magnetic field in the direction of the current or charge.

According to this rule, "if the thumb of the right-hand points along the direction of the current, then the remaining curled fingers of the same hand give the magnetic field direction due to the current".

Thus, when the current is pointing into the page, the direction of the magnetic field will be upwards.

Learn more about magnetic field here: brainly.com/question/7645789

#SPJ1

8 0
2 years ago
NO ONE CAN SOLVE THIS, NEITHER CAN YOU :::By what percent will a fraction change if its numerator is decreased by 10% and its de
Veseljchak [2.6K]

Answer:

9/5

Explanation:

original fraction : x/y

new fraction = .9x/(.5y)

= 9x/5y

(9x/5y) / (x/y)

= 9x/5y * y/x

= 9/5

= 1.8

so it increased by 80%

e.g suppose we had 100/200 or 1/2

new fraction = 90/100 or 9/10

new ratio = (9/10) / (1/2)

= 9/5

8 0
3 years ago
Read 2 more answers
A researcher selects a sample from a district such that 25% of the children are between ages 5 and 6, 25% are between ages 7 and
Llana [10]

Answer:

Quota.

Explanation:

In Statistics, sampling can be defined as a process used to collect or select data (objects, observations, or individuals) from a larger statistical population using specific procedures.

There are various types of sampling used by researchers and these are;

1. Random sampling.

2. Systematic sampling.

3. Stratified sampling.

4. Cluster sampling.

5. Opportunity or convenience sampling.

6. Quota sampling.

Quota sampling can be defined as a non-probability sampling technique wherein a sample comprising of data from a population or homogeneous group are created.

In this scenario, a researcher selects a sample from a district such that 25% of the children are between ages 5 and 6, 25% are between ages 7 and 8, 25% are between 9 and 10, and 25% are between ages 11 and 12. Thus, the researcher is employing a quota sampling.

6 0
3 years ago
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