1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
antiseptic1488 [7]
3 years ago
12

For a certain firm, the 100th unit of output that the firm produces has a marginal revenue of $11 and a marginal cost of $10. A)

It follows that the a. production of the 100th unit of output increases the firm's average total cost by $1. b. production of the 101st unit of output must increase the firm’s profit by more than $1. c. firm's profit-maximizing level of output is less than 100 units. d. production of the 100th unit of output increases the firm's profit by $1.
Business
1 answer:
jeyben [28]3 years ago
7 0

Answer:

The correct answer is option d.

Explanation:

The 100th unit of output that the firm produces has a marginal revenue of $11 and a marginal cost of $10.  

The profit to a firm is maximized when the marginal revenue earned and marginal cost incurred are equal.  

When the firm is producing the 100th unit of output the marginal revenue is $1 higher than the marginal cost. This implies that the production of the 100th unit increases the firm's profit by $1.

You might be interested in
A computer assembly firm purchases computer parts at $230 per computer. The
zysi [14]

Answer:

Maybe 60%

Explanation:

8 0
3 years ago
Two qualities that a good ___________ should have are to be persistent and not accept rejection.
worty [1.4K]
I say C makes the most since in the sentence
4 0
2 years ago
Will give free brain
Andre45 [30]

Answer:

free brain ;)

Explanation:

6 0
3 years ago
Read 2 more answers
When the Mexican government changes the fixed exchange rate of the peso relative to the U.S. dollar from 1.5 (pesos/U.S. dollar)
Sunny_sXe [5.5K]

Answer:

The answer is: E) devaluated; appreciated

Explanation:

A currency devaluation happens when  a country´s currency is deliberately adjusted downward to make it lose value relative to another currency. If this downward adjustment happens in the foreign exchange market and is not deliberately done by a government, is called currency depreciation.  

A currency revaluation happens when a government deliberately adjusts the value of its currency upwards to make it gain value relative to another currency. When this upward adjustment happens in a foreign exchange market and is not deliberately done by a government, is called currency appreciation.

5 0
4 years ago
Internet access ______ the opportunity cost of producing education and news ______.
vladimir1956 [14]

Internet access <u>lowers </u>the opportunity cost of producing education and news <u>if it </u><u>expands the production </u><u>possibilities of education and news by more than it expands the production possibilities of other goods and services.</u>

<h3>What is internet?</h3>

The internet is a system of interconnected networks that allows for international communication and access to data resources via a huge number of private, public, business, academic, and governmental networks. Governmental organizations that create common protocols, such as the Internet Assigned Numbers Authority (or IANA), are in charge of it.

Although the terms "internet" and "World Wide Web" are frequently used interchangeably, they do not exactly mean the same thing. The internet refers to the technology and infrastructure of the global communication system, while the web is one of the services provided through the internet.

Learn more about the internet

brainly.com/question/2780939

#SPJ4

7 0
2 years ago
Other questions:
  • In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with:
    12·1 answer
  • To minimize the invasion of privacy, _____.
    13·1 answer
  • One of the scarce resources that constrain our behavior is time. Each of us has only 24 hours in a​ day, and we must allocate ou
    11·1 answer
  • The Office Interiors Company has developed a new, modern office chair. Initial sales forecasts are for 64 chairs per day. The as
    6·1 answer
  • Bob deposits $100 in a bank account that pays an annual interest rate of 5 percent. A year later, Bob withdraws his $105. If inf
    13·1 answer
  • You have $12,000 to invest and would like to create a portfolio with an expected return of 9.75 percent. You can invest in Stock
    11·1 answer
  • Which of the following is not included in the typical pattern of behavior for a poverty-stricken person?
    15·1 answer
  • On January 1, 2020, Ann Price loaned $187825 to Joe Kiger. A zero-interest-bearing note (face amount, $250000) was exchanged sol
    6·1 answer
  • . Your trusted friend and neighbor, an experienced geologist, is putting together a group of investors to fund an exploratory go
    5·1 answer
  • So you them the answer you submit must be the d operators; they are pald $8. 10 an hour each and work 40 hours a week and 52 wee
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!