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Neporo4naja [7]
4 years ago
14

Which of the following is not correct

Business
1 answer:
bulgar [2K]4 years ago
7 0

Answer:

A

Explanation:

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Suppose you are the manager of a watchmaking firm operating in a competitive market. Your cost of production is given by C = 200
irga5000 [103]

Answer:

1. 20 units

2. $600

Explanation:

1. C = 200 + 2q^{2}

MC = 4q

Price, P = $80

For maximizing profits,

Marginal cost =  Price of the commodity

4q = 80

q = 20 units

C = 200 + 2q^{2}

C = 200 + 2(20)^{2}

         = 200 + 800

         = 1,000

2. Profit = Total revenue - Total cost

             = (Price × Quantity) - TC

             = (80 × 20) - $1,000

             = $1,600 - $1,000

             = $600

3. We know that the firm in the short run will be produce at a point where total revenue is greater than the total variable cost

Average variable cost = variable cost ÷ quantity

                              =\frac{2Q^{2}}{Q}

                                     = 2Q

MC = 4Q

Here,  MC is greater than AVC at any given point.

so in the short run firm will producing short run positive profit.

4 0
3 years ago
an industry is comprised of 20 firms, each with an equal market share, what is the four firm concentration ratio of this industr
marta [7]

Answer:

4-Firm Concentration ratio = 20%

Explanation:

Each firm has equal share

That means 100% share of the industry is divided equally among the 20 firm

Share of 1 firm = 100/20 = 5%

4-Firm Concentration ratio = Share of 1 firm * Number of firm

4-Firm Concentration ratio = 0.05 * 4

4-Firm Concentration ratio = 0.2

4-Firm Concentration ratio = 20%

3 0
3 years ago
On march 1, 2018, big brands corporation issued $600,000 of 10% bonds at 105. each $1,000 bond was sold with 50 detachable stock
Zinaida [17]

Answer:

$510,000

Explanation:

No.of bonds issued = $600,000 / $1000 = 600

Total no. of stock warrants = 600 x 50 = 30,000

Market Value of stock warrants = 30,000 x $4 = $120,000

Issue price of bonds = $600,000 x 1.05 = $630,000

Amount to be recorded as increase in liabilities = Issue price of bonds - Value of stock warrants

= $630,000 - $120,000

= $510,000

7 0
3 years ago
Which u.s. government agency has the primary responsibility in reviewing food and package labels to ensure claims made by the ma
Ghella [55]
The FDA is responsible for <span>reviewing food and package labels.</span>
4 0
3 years ago
Read 2 more answers
Economics is the study of how a society _______________. invests wisely in the stock market employs resources to produce goods a
Luba_88 [7]
The answer is "employs resources to produce goods and services and distribute them among competing groups and individuals<span>"


Economics is a teaching that can enable us to answer these inquiries. Economics can really be characterized a couple of various ways: it's the investigation of shortage, the investigation of how individuals utilize assets or the investigation of basic leadership.
</span>
4 0
4 years ago
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