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Sedbober [7]
1 year ago
15

assume the price of a product sold by a purely competitive firm is $5. given the data in the accompanying table, at what output

level is total profit highest in the short run? output total cost 20 $70 25 75 30 85 35 100 40 125 45 155 50 190 group of answer choices 20 50 40 30
Business
1 answer:
Anna35 [415]1 year ago
6 0

The output level is total profit highest in the short run is 40 .

<h3>What is meant by short run ?</h3>

The idea of the short run states that some inputs will be constant while others will change over a specific period of time. It expresses the notion that an economy responds to particular stimuli differently depending on the amount of time it has to do so.

In the short run, certain production parameters are stable and some are flexible. Only by increasing the application of the variable factor can output be enhanced. The scale of manufacturing stays steady in the short term. The lengthy run is a time when all production factors are erratic.

To learn more about short run refer to :

brainly.com/question/24088447

#SPJ4

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Slaq Computer Company manufactures notebook computers. The economic lifetime of a particular model is only four to six months, w
iren [92.7K]

Answer:

11414.87205 units.

Explanation:

We have Underage cost cs to be $500

We have Overage cost Co to be $200

To get Critical fractile, we do this computation:

Cs/(Cs+Co)

500/(500+200)

500/700

0.714285714

Now the z score for this value,

normsinv(0.714285714)

= 0.565948821

To get what the question requires: mean+z-score*standard deviation

= 10000+(0.565948821*2500)

= 11414.87205 units

<u>please </u><u>note:</u><u> </u><u>I solved this without rounding the values.</u>

<u>We will have 10000+(0.57*2500)=11425 units</u><u> </u><u>if</u><u> </u><u>rounded</u>

7 0
4 years ago
Geraldo is talking about his new job with his brother. He says he likes this job better than his previous jobs because now he fe
Dafna11 [192]

Answer:

a. Esteem.

Explanation:

Geraldo is talking about his new job with his brother. He says he likes this job better than his previous jobs because now he feels respected. He has always felt a need to feel this way at work, and now he finally does. Geraldo is describing how his job meets his need for esteem. This can be well defined by the Maslow’s Theory  which is also known as “Hierarchy of Needs Theory”. Maslow recognized that every human contains the hierarchy of five needs as illustrated below.  

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2: Safety Needs. These needs consist of safety and security from physical and psychological damage.

3: Social Needs. Need for love, association, attachment, acceptance, relationship and friendship.

4: Esteem Needs. Internal elements like <u>self-respect,</u> <u>acquirement, and independence,</u> and external elements such as rank, identification, attention and acceptance.

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4 0
3 years ago
Read 2 more answers
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il63 [147K]
Mate your answer is B

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5 0
3 years ago
Read 2 more answers
Wilson Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of
mrs_skeptik [129]

Answer:

Please see attached solution

Explanation:

a. Total manufacturing overhead costs allocated $356,400

b. Variable manufacturing overhead spending variance $40,500U

c. Fixed manufacturing overhead spending variance $17,600U

d. Variable manufacturing overhead efficiency variance $19,500F

e. Production volume variance $39,200F

Please find attached detailed solution to the above questions

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