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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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d1i1m1o1n [39]

..... .. . . . . ..... . . . . . . ....... ..... . .. . .  .. .. . . .

<em>*laughs in morse code*</em>

6 0
3 years ago
(5372 + 100y^2) + 5(10y^2 – 110) Add the two polynomials and write in the form ay^2 + b, where a and b are constants, What is th
dangina [55]

Answer:

The value of a is 150 and b is 4822.

Explanation:

First, you have to expand to remove brackets :

(5372 + 100 {y}^{2} ) + 5(10 {y}^{2}  - 110)

= 5372 + 100 {y}^{2}  + 50 {y}^{2}  - 550

Next, you have to simplify :

100 {y}^{2}  + 50 {y}^{2}  + 5372 - 550

= 150 {y}^{2}  + 4822

Next, you have to compare it :

a {y}^{2}  + b = 150 {y}^{2}  + 4822

a = 150

b = 4822

5 0
3 years ago
What is another name for an equilateral quadrilateral
zubka84 [21]

Answer:

Rhombus

Explanation:

A rhombus is a quadrilateral with all equal sides making it also an equilateral.

Hope this helps

5 0
2 years ago
Read 2 more answers
If countries A and B produce only either rubber bands or paper clips, their maximum outputs are shown in the accompanying produc
katovenus [111]

In Country A, the opportunity cost of one paper clip is 1/2. Option C

<h3>What is opportunity cost?</h3>

The opportunity cost refers to the alternative forgone in production. It means that it is the option that is chosen in the midst of other possibilities.

We can see from the table that in Country A, the opportunity cost of one paper clip is 1/2.

Learn more about opportunity cost: brainly.com/question/13036997

#SPJ1

Missing parts

If countries A and B produce only either rubber bands or paper clips, their maximum outputs are shown in the accompanying production possibilities schedules.

In country A the opportunity cost of 1 paper clip is

A.2 rubber bands.

B.1 rubber band

C.1/2 rubber band.

D.1/4 rubber band.

8 0
2 years ago
Name five influences that guide the decisions that you make.
gladu [14]

name five influences that guide the decisions that you make.

6 0
3 years ago
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