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Anvisha [2.4K]
3 years ago
15

Suppose an avocado farm has​ cost: C​ = 0.002q cubed ​+ 22q​ + 750, ​(where q is measured in​ bushels) and the rental cost of la

nd is zero so the average cost curve includes only the​ farm's costs of​ labor, capital,​ materials, and energylong dashnot land. Marginal cost​ is: MC​ = 0.006q2​ + 22. This cost structure is representative of all firms in this industry. The market price per bushel of avocados is ​$38. The​ firm's profit maximizing output ​(rounded to one decimal​ place) is A. 20.0 units. B. 79.6 units. C. 51.6 units. D. 89.4 units. In the​ long-run, we would expect the market price of avocados​ to: A. decrease. B. remain unchanged. C. increase. D. equal zero.
Business
1 answer:
Nesterboy [21]3 years ago
3 0

Answer:

The​ firm's profit maximizing output is 51.6 units. The right answer is C

In the​ long-run, we would expect the market price of avocados​ to equal zero. The right answer is D

Explanation:

In order to Calculate The​ firm's profit maximizing output we would have to use the following formula:

MC = Price

Therefore, 0.006q∧2 + 22 = 38

0.006q∧2 = 38 - 22

0.006q∧2 = 16

q∧2 = 16/0.006

q∧2 = 2666.66

q = 51.6

The​ firm's profit maximizing output is 51.6 units.

A perfectly competitive firm earns zero economic profit in the long-runso, In the​ long-run, we would expect the market price of avocados​ to equal zero,

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KATRIN_1 [288]

Answer:

Cost of Equity  16.33%

Explanation:

We solve for this using CAMP:

Ke= r_f + \beta (r_m-r_f)

risk free = 0.0387

premium market = (market rate - risk free) 0.0903

beta(non diversifiable risk) = 1.38

Ke= 0.0387 + 1.38 (0.0903)

Ke 0.16331 = 16.33%

We are given with the risk free rate of return and the market premium already so we just need to plug into the formula to solve for the expected return on the stock.

8 0
3 years ago
Attorneys who work for a company and are part of the executive or mid-level management team are specifically referred to as ____
Ann [662]

Answer:

In house counsel

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In house counsel handle of legal matters of the firm, policy, tax and regulatory matters or may occupy managerial positions

7 0
3 years ago
In one of the training sessions in your company, you notice several members are not from the United States. These members are al
Alja [10]

Answer:

Go-round

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It is not uncommon that some people can be reticent and not contributing to discussion during a session. This does not mean that such people do not have anything to contribute but may just be shy .

One technique to encourage these members to express their opinion is by employing the go - round discussion method. This can give them the courage to voice their opinion when it is their turn to speak

5 0
3 years ago
ints) During 2018, Falwell Inc. had 500,000 shares of common stock and 50,000 shares of 6% cumulative preferred stock outstandin
Butoxors [25]

Answer: $4.34

Explanation:

The net income for diluted earnings per share will be calculated as:

Net income: $2,500,000

Less: preferred dividend: $300,000

= $2,200,000

To calculate the number of shares goes thus:

Total shares of stock options = 10,000 × 20 = 200,000 shares

Proceeds = 200,000 × $29

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Shares of treasury stock will be:

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Net shares added will be:

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The diluted earnings per share:

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8 0
3 years ago
Sunland Company compiled the following financial information as of December 31, 2017: Service revenue $842000 Common stock 17700
posledela

Answer:

555,000

Explanation:

Sunlad assets on December 31 2017 can be calculated as follows

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= 229,000 + 203,000 + 33,000+ 90,000

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7 0
3 years ago
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