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serious [3.7K]
3 years ago
10

If mara’s puzzle factory is operating at a quantity in which the marginal revenue from the last puzzle produced is $20, marginal

cost is $15, and average total cost is $10. what should mara do to maximize profits?
Business
1 answer:
soldier1979 [14.2K]3 years ago
7 0
The condition for a profit maximising point is where MR = MC.

When MR is greater than MC, the firm should increase production to take hold of the extra profit, therefore Mara should increase production.
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Aunt Maud's Premium Hand Lotion. The equilibrium price and quantity for Aunt Maud's lotion are $20 and 30 thousand units. What i
tamaranim1 [39]

COMPLETE QUESTION:

Demand Supply

P = 50 - QD P = 10 + 1/3 QS

QD = 50 - P QS = 3P - 30

Refer to Table 4-6.ȱȱ

The equations above describe the demand and supply for Aunt Maudȇs

Premium Hand Lotion.ȱȱ

The equilibrium price and quantity for Aunt Maudȇs lotion are $20 and

30 thousand units.ȱȱ

What is the value of consumer surplus?

Answer: $450,000

Explanation:

P = 50 - QD P = 10 + 1/3 QS

QD = 50 - P QS = 3P - 30

Using the above equation,

Consumer surplus = $450,000

4 0
4 years ago
Assume that Zambia has a domestic investment of $1500 billion, private domestic savings of $3000 billion, and a government defic
nexus9112 [7]

Answer:

$1,500

Explanation:

Domestic investment = $1500 billion

Private domestic savings = $3000 billion

Government deficit = $2000 billion

Rise in government spending = $1000 billion

Now,

Trade deficit =

Domestic investment - Private domestic saving - Government savings

also,

Total Government deficits = $2,000 + $1000

= $3,000

and,

Government savings = - Government deficits

= - $3,000

Now we know government deficit is 3000 billion and if spending increases further 1000 billion, the government deficit will be 4000 billion

thus,

Trade deficit = $1,500 - $3,000 - (- $3,000)

or

= $1,500

4 0
3 years ago
In business, it is important to establish your _____ from your first day on the job. multiple choice question.
Elan Coil [88]

In business, it is important to establish your <u>credibility</u> from your first day on the job

What Is Business Credibility?

  • Credibility is the quality of being trusted by a specific group of people. In terms of conversion rate optimization, business credibility is defined as the quality of being trusted by your target customers.
  • Ideally, customer’s trust is expressed through positive behavior towards your brand, of which the final outcome is an increased conversion rate.
  • We are living in a time when everything is commercialized and everyone wants to sell us something – especially corporations.
  • Therefore, interestingly, human brains react in a more or less “passive-aggressive” way to this scenario – we consumers tend to distrust brands at first glance.
  • Because we believe their goal, after all, is to make money.

To know more about business credibility, refer:

brainly.com/question/13248328

#SPJ4

5 0
2 years ago
Tatsuo has just been awarded a four-year scholarship to attend the university of his choice. The scholarship will pay $9,000 eac
a_sh-v [17]

Answer:

Value of scholarship today = $30,484.90

Explanation:

The value of the Scholarship is the present value of the annual payment of $9,000 discounted as the annual interest rate of 7% per annum.

This can be computed using the formula below

Present Value = Annual cash flow ×  (1- (1+r)^(-n)/r)

n -number of years, r-interest rate

rate r- 7%, n=4, Annual  cash flow = 9,000

Present Value = 9,000× (1-1.07^-4)/0.07

                      = 9,000× 3.3872

                      = $30,484.90

Value of scholarship today = $30,484.90

4 0
3 years ago
In addition to other factors, knowing how customers arrive at their _______ is critical to developing successful pricing strateg
slega [8]

Answer:

perceptions of value

Explanation:

In sales jargon, perceived value or value of perception is refers to the  appraisal of the quality of a products or services by the consumers and their ability to satisfy their demands and expectations, particularly when compared with their competitors. Marketing experts attempt to influence the potential value of a company to customers by defining the qualities which render it advantageous to the rivalry.

Perceived value ultimately boils down to just the quality of a commodity that the customer is prepared to pay. Even a quick decision taken in the supermarket of a shop requires an appraisal of the potential of a company to satisfy a need and deliver value relative to other goods with different aliases.

3 0
4 years ago
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