Answer:
E) profit will fall by $4.00 if she harvests the 501" bushel.
Explanation:
Please see attachment
Answer: No.
Explanation:
This is a Perfectly Competitive market and that means that you are a price taker who maximises output at a point where Marginal Revenue equals Marginal Cost ( MR = MC). As costs have gone up, it simply means that for the conditions to be satisfied, you need to produce less at the factory in Connecticut.
That does not mean that you have to produce more at the Massachusetts plant because it is already producing at capacity and increasing the marginal cost would violate the MR=MC rule as you have no control over the price so you cannot change Marginal Revenue. It is therefore better to keep the production level at the Massachusetts plant unchanged.
It really depends as to what they do and how long they do it for I would say it ranges person to person
Answer:
True
Explanation:
Taxes paid are NOT directly related to any specific benefit received by the taxpayer.
I think the answer is five
