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HACTEHA [7]
3 years ago
6

Josefina is the only seller of sopapillas in town. Last week, she sold 200 sopapillas, and the marginal revenue of the 200th sop

apilla was $1.50 and the marginal cost was $1.75. Is Josefina maximizing her profit?
Business
1 answer:
Alex73 [517]3 years ago
7 0

Answer:

Josefina is not maximizing her profits since she is making a loss of $0.25.

Explanation:

The marginal revenue is the total amount of revenue received from selling an additional unit of product while the marginal cost is the total cost incurred for producing an additional unit of product. The marginal cost and revenue can be compared to determine if producing and selling an additional unit is profitable or will cause a loss.

The profit/loss can be expressed as;

P/L=R-C

where;

P=profit

L=loss

R=total marginal revenue

C=total marginal cost

In our case;

P/L=unknown

R=marginal revenue per unit×number of units=1.50×1=$1.50

C=marginal cost per unit×number of units=$1.75×1=$1.75

replacing;

P/L=1.50-1.75=-$0.25

Since the marginal cost is greater than the marginal revenue, we can conclude that Josefina is making a loss of $0.25

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Answer:

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Having in mind the pandemic, should a company reduce its leverage in order to add value to its shareholders? and why?
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Answer:

No, taking into account the pandemic, companies should not reduce their leverage, as this would make it very difficult for small and medium investors to invest in a context of lack of income and shortage of available circulating money.

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8 0
3 years ago
Brian and Debbie must prepare a presentation for their Statistics class. As part of their presentation, they must do a series of
andrey2020 [161]

Answer:

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Answer:

c. It makes sense to complete discussion and reach decisions about old business before tackling new business.

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Moreover, the organization also knows how to operates the day to day activities that are related to the functions of management

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3 years ago
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vladimir1956 [14]

Answer:

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