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Citrus2011 [14]

3 years ago

13

Assume that a profit maximizing monopolist is producing a quantity such that marginal revenue exceeds marginal cost. we can conc

lude that the

1 answer:

blondinia [14]3 years ago

7 0

<span>firm's output is smaller than the profit maximizing quantity</span>

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Going back to the original problem from question 3, Eli Orchid would like to make sure that at most 30% of all batches produced

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2 years ago

A ___________ is a consumer problem, need, or desire that a business could provide a solution for. A. Change or trend B. Company

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Business opportunity........

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2 years ago

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You plan to borrow $ 4 comma 000 from a bank. In exchange for $ 4 comma 000 today, you promise to pay $ 4 comma 160 in one year

just olya [345]

Answer:

Please check the attached image for the diagram

Explanation:

I would be borrowing $4000 from the bank. I would be $4,000 richer and the bank would have $4000 less.

In one year, I would be paying the bank $4160. So I would have $4160 less and the bank would be $4160 richer.

A negative sign indicates cash outflow and a positive sign indicates a cash inflow.

I hope my answer helps you.

6 0

2 years ago

Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its

Amanda [17]

Answer:

Over-applied by $3,842

Explanation:

If<em>, Applied Overheads > Actual Overheads, overheads have been overapplied.</em>

<em>and</em>

<em>Since, Applied Overheads < Actual Overheads, overheads have been under- applied.</em>

Applied Overheads = Predetermined rate x Actual Activity

where,

Predetermined rate = Budgeted Overheads ÷ Budgeted Activity

therefore,

Predetermined rate = $ 157,050 ÷ 4,500

= $34.90

Applied Overheads = $34.90 x 4,580 = $159,842

<em>Since, Applied Overheads > Actual Overheads, overheads have been overapplied.</em>

Over-applied overheads = $159,842 - $ 156,000 = $3,842

5 0

2 years ago

Jethro has a(n) ____________________ in all aspects of camping: he is faster at carrying a backpack, gathering firewood, paddlin

Alika [10]

Jethro has an absolute advantage in all aspects of camping: he is faster at carrying a backpack, gathering firewood, paddling a canoe, setting up tents, making a meal, and washing up.

Absolute advantage refers to an individual's capacity to efficiently carry out a task when compared to other individuals or groups.

In economics, this broadly refers to the ability and capacity to produce and conduct an economic good or a particular service in a more efficient manner than the competitors.
In this case Jethro has an absolute advantage in all aspects of camping.
Within the constraints of the economic activity, production is more efficient and higher.
Fewer resources are required to produce a particular commodity and/or service that needs higher resources for the competitors.
With fewer inputs, the outputs stand maximized in the context of absolute advantage.

Therefore, Jethro has an absolute advantage in all aspects of camping: he is faster at carrying a backpack, gathering firewood, paddling a canoe, setting up tents, making a meal, and washing up.

Learn more about absolute advantage here:

brainly.com/question/14044496

#SPJ4

5 0

2 years ago