Ask question

Ask question

All categories

3 years ago

6

Total profit is maximized a. where the difference between total revenue and total cost is greatest. b. at that output level wher

e marginal revenue equals average cost. c. where total revenue is at a maximum. d. at the point where all variable costs are covered.

1 answer:

Bess [88]3 years ago

4 0

I believe that the correct answer is b

You might be interested in

What types of money are included in the M2 category? Check all that apply.

RideAnS [48]

Answer:

A B C E

Explanation:

on edge :)

8 0

2 years ago

From an economic perspective, when consumers leave a fast-food restaurant because the lines to be served are too long, they have

Vilka [71]

Answer:

a) Marginal cost of waiting is greater than the marginal benefit of being served

Explanation:

For an economic perspective, customer leave a fast food restaurant as they find the marginal cost of waiting is higher than the cost of marginal benefit of being served at restaurant.

Marginal cost: In economics, it is a cost that is incurred for an additional unit of benefit received out of certain action or activity.

Marginal benefit: It is a benefit received for an additional unit of cost incurred during the activity taken place.

Therefore, customer have done analysis on the benefit of waiting in a queue for getting served at restaurant, which he found that marginal cost is greater than the marginal benefit of being served.

4 0

2 years ago

Describe the abilities of someone with analytical/research skills. Somebody please help me!!!!!!!!!!!!!

Neko [114]

Somebody whose job is to provide analytics or research should always be someone who is very good at quantitative analysis. They should be good with math and numbers, because their job is to analyze a business. The same goes for research. A good researcher is good at math because they have to analyze large datasets. This person would also be pretty detail-oriented because they need to make sure that they are not making small mistakes, as small mistakes could result in poor decisions that come out of their analysis.

Does that make sense?

8 0

2 years ago

Read 2 more answers

Neuman Corporation Convertible Bonds The following data apply to Neuman Corporation's convertible bonds: Maturity: 10 Stock pric

Natalija [7]

Answer:

A. The bond’s conversion ratio is 28.57

B. The bond’s conversion value is $857.14

C. The bond’s straight debt value is $798.70

D. The minimum price at which Neuman’s bonds should sell is $857.14

Explanation:

A. In order to calculate the bond’s conversion ratio we would have to calculate the following formula:

bond’s conversion ratio=par value/conversion price

According to the given data:

par value=$1,000

Conversion price=$35

Therefore, bond’s conversion ratio=$1,000/$35

bond’s conversion ratio=28.57

B. To calculate the bond’s conversion value we would have to make the following calculation:

bond’s conversion value=bond’s conversion ratio*Stock price

bond’s conversion value=28.57*$30.00

bond’s conversion value=$857.14

C. To calculate the bond’s straight debt value we would have to calculate the following formula:

bond’s straight debt value=PV(0.08,10,50,1,000)

bond’s straight debt value=$798.70

D. The minimum price at which Neuman’s bonds should sell is $857.14

7 0

2 years ago

In reviewing the accounting records of the transportation services fund, an internal service fund of douglas city, you notice th

zubka84 [21]

The reason why the fund uses the budgetary accounts because it is most likely needed that the funding budget to be approved legally by the city council in order for the budget funds to be used by the members or people responsible of handling the budgets.

5 0

3 years ago