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HACTEHA [7]
2 years ago
10

the graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer in a competitive industry 8

.53
Business
1 answer:
Eddi Din [679]2 years ago
3 0

The perfectly competitive market profit mathematically given as

P = 131.76

<h3>What is the perfectly competitive market profit?</h3>

Generally, the equation for a perfectly competitive market is  mathematically given as

P = MC

Therefore

P= ( P -ATC) * Q

Hence

P= ( 8.53 - 6.70) * 72

P = 131.76

In conclusion, a perfectly competitive market profit

P = 131.76

Read more about the perfectly competitive market

brainly.com/question/13961518

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Two firms, A and B, each currently emit 100 tons of chemicals into the air. The government has decided to reduce the pollution a
katrin2010 [14]

Answer:

20 more tons of pollution into the air, and Firm B will emit 100 fewer tons of pollution into the air.

Explanation:

It is given that :

Amount of tons of pollutants emitted by the two firms A and B earlier = 100 tons

Cost of pollutants by firm A = $ 200 per ton of pollutions

Cost of pollutants by firm B = $ 100 per ton of pollutions

Since the cost for eliminating the pollutants into the air is more for the firm A, the ticket is also more valuable for firm A. And therefore, firm A will buy all the tickets form firm B for an amount around $ 101 to $ 199. It will do so as to have a positive consumer and also to produce surplus.

So firm A will eliminate 20 tons of pollution and will use 80 ton capacity from the tickets. And for firm B, it will eliminate all 100 tons of pollutions.

4 0
3 years ago
The Hutters filed a joint return for 2019. They provide more than 50% of the support of Carla, Ellie, and Aaron. Carla (age 18)
sergey [27]

Answer:

Hutters can be claim two dependents

Explanation:

we know here that Hutters can be claim two dependents

because here given Carla and Ellie as Aaron meets neither the residency nor citizenship requirement

but Carla is a qualifying relative and is under the age of 24

but Ellie is above 24 but is a qualifying relative as scholarship is non-taxable

so

we can say that answer is two

8 0
3 years ago
Gene is looking for a loan so that he can buy a car. There are a few different banks where he can apply for a loan. What should
ElenaW [278]

Answer:

The Answer To This Question is B. a good credit score.

Explanation:

8 0
3 years ago
Indiana Co. began a construction project in 2021 with a contract price of $150 million to be received when the project is comple
Over [174]

Answer:

Recognize $ 1.50 millions gross profit in 2022

Explanation:

 

                                        Year end 2021         Year end 2022

A  Contract Price               $150.00                          $150.00

B  Cost Incurred to Date    $36.00                             $94.50

                                                                                ($36 + $58.50)

C  Estimated cost yet to be

incurred to complete

the contract                        $84.00                              $0.50

Total Cost                          $120.00                              $135.00

D = B+C  

Percentage of Completion  30.00%                            70.00%

E = (B ÷ D) × 100

Revenue to date                  $45.00                             $105.00

F = A × E

G  Revenue of Previous year    $-                                $45.00

Net Revenue this year            $45.00                         $60.00

H = F - G

Cost to date                            $36.00                           $94.50

I (=B)

J  Cost to date of previous year $-                               $36.00

Net Cost for the year               $36.00                           $58.50

K = I - J

Gross Profits                              $9.00                            $1.50

L = H - K

Therefore the correct answer is Recognize $ 1.50 millions gross profit in 2022 hence, option is not available.

3 0
3 years ago
A firm currently produces 3,500 units of output per week. After an additional worker is hired, output rises to 3,750 units per w
MrRissso [65]

Answer:

C. $2

Explanation:

The marginal cost is the cost for producing an additional unit of the product. According to this and as the statement says that with the additional worker the output rises to 3,750, teh first thing is to find the number of additional units that were produced:

3,750-3500= 250

With the new worker, the firm produces an additional 250 units that cost $500 because this is the salary of the new worker and to calculate the cost of one additional unit you have to do the following:

250 units ⇒ $500

     1 unit  ⇒      x

x=( 1*500)/250= 2

The firm's short-run marginal cost is $2.

4 0
3 years ago
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