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Anni [7]
2 years ago
12

.A monopolistically competitive firm is operating at a short-run level of output where price is $30, average total cost is $27,

marginal cost is $20, and marginal revenue is $25. In the short run this firm should
Business
1 answer:
Neko [114]2 years ago
5 0

Based on the marginal cost and the marginal revenue to this monopolistically competitive firm, in the short run the firm should increase the level of output.

<h3>Why should the firm increase output?</h3>

Firms will maximize their profit if they produce at a point where marginal cost equals marginal revenue.

As the marginal revenue is $25 and the marginal cost is $20, the firm should increase output until both these things are the same.

Find out more on maximizing profit at brainly.com/question/13799721.

#SPJ1

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When government expenditures increase, the interest rate
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The correct answer is option d.

Explanation:

When there is an increase in the government expenditures, the income in the economy will increase. As a result, the demand will increase. The increase in demand will increase the price level.

The suppliers will produce more. To increase output more capital investment will be required. This will further cause an increase in the demand of loan-able funds. So, the interest rate will increase as well.

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8 0
2 years ago
Item Hare’s Net Book Value on the Date of Sale List Price of Same Item If New Appraiser’s Estimate of Fair Value Punch press $ 1
Zinaida [17]

Answer:

  • Punch Press - $12,502
  • Lathe - $3,908.52
  • Welder - $2,344.36

Explanation:

Cost will be allocated based on proportion of total Appraiser's estimate of fair value.

Total Appraisal Estimate = 16,000 + 5000 + 3,050

= $24,050

Total Purchase Price = Purchase price + Installation cost

=17,000 + 1,800

=$18,800

Punch Press

Punch Press proportion = \frac{16,000}{24,050} * 100

= 66.5%

Punch Press Cost = 66.5% * 18,800

= $12,502

Lathe

Lathe proportion = \frac{5,000}{24,050} * 100

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= $3,908.52

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Welder proportion = \frac{3,000}{24,050} * 100

= 12.47%

Punch Press Cost = 12.47% * 18,800

= $2,344.36

Note; There are multiple variants of this question so be sure to check the figures to ensure it is the right one.

7 0
2 years ago
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