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Margaret [11]
3 years ago
9

A market has many small firms and one dominant firm. Market demand is givby 100-4P. The dominant firm has a constant marginal co

st of S4. All the smaller fringe firms combined have a supply curve given by Qs 6P-20. The profit-maximizing quantity produced by the dominant fim is_____.
Business
1 answer:
horsena [70]3 years ago
4 0

Answer: Marginal cost under demand and supply theory.  Answer is 80

Explanation: QD 100-4P, Marginal Cost =S4,QS =6P -20. So

the calculation goes thus  = QS=6p-20

Inputing Marginal value of 4 equates 100-4(4)

100-16 = 84

QS=6(4)-4

24-20=4

profit maximisation =QD-QS

84-4=80

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Answer:

The answer is A. Jessica should get her bachelor’s degree and try to intern with a brownfield redevelopment specialist.

Explanation:

Brownfield Redevelopment Managers help make contaminated lands reusable. So, that would fall into the Health, Safety, and Environmental  management career pathway. It's not C because you would need to have a Bachelors degree to be a Health and Safety specialist. The other options are self explanatory.

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2 years ago
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What is meant by the term “overhead” as it relates to a company’s financial<br> Operations?
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3 years ago
Northwest Fur Co. started the year with $92,000 of merchandise inventory on hand. During the year, $425,000 in merchandise was p
Artyom0805 [142]

Answer:

$ 142,800.00  

Explanation:

The ending inventory can be computed by rearranging the cost of goods sold formula:

cost of goods sold=Beginning inventory+net purchases-ending inventory

ending inventory=beginning inventory+net purchases-cost of goods sold

beginning inventory is $92,000

Net purchases=purchases-discount+freight-in charges-purchase return

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4 years ago
The definition of inventory includes which of the following items? (Select all that apply.) a) items used currently in the produ
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Answer:

Items a) and b)

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b) held for resale items currently in production for future

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Inventory consists of current assets to be used in production of final goods or are the ones which are final goods and held for sale.

In the given case also, statement a includes raw materials, which are used to make the final good to be sold, which is a part of inventory.

Further, statement b includes work in production or final goods which are currently in production but would be resold.

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