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Nikitich [7]
3 years ago
14

Eric provides cheese (H) and milk (M) to the market with the following total cost function: C(H, M) = 10 + 0.4H2 + 0.2M2. The pr

ices of cheese and milk in the market are $2 and $5 respectively. Assume that the cheese and milk markets are perfectly competitive. What output of milk maximizes profits?

Business
1 answer:
Lina20 [59]3 years ago
7 0

Answer:

Profit maximization cheese output is 2.5 units and profit maximization milk output is 12.5 units .

Explanation:

Please see attachment

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A woman owned the fee simple title to a vacant lot adjacent to a hospital and was persuaded to make a gift of the lot. She wante
agasfer [191]

Answer:

The correct answer is Fee simple determinable.

Explanation:

In US law, a simple fee is a state on earth, a form of full property ownership. It is the way in which real estate is owned by common law countries, and it is the greatest possible property interest that can be held in real estate. The allodial title is reserved to governments under a civil law structure. The ownership of the simple tariff represents a property interest in real estate, although it is limited by fiscal powers, eminent domain, police power, and escheat, and could also be limited by certain liens or conditions in writing, such As an Example, a condition that required the land to be used as a public park, with a reversal interest in the grantor if the condition fails; This is a simple conditional rate.

7 0
3 years ago
Harvey is a self-employed accountant with earned income from the business of $120,000 (after the deduction for one-half of his s
Finger [1]

Answer:

The maximum amount Harvey can contribute to his retirement plan in 2019 is $30,000.

Explanation:

According to Keogh plan the maximum amount Harvey can contribute to his retirement plan in 2019 is 25% over the amount Harvey earned Or 53,000 Whichever is less.

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Harvey is a self-employed accountant with earned income from the business of $120,000 and its 25% is $30,000.

4 0
3 years ago
When communicating doing a job interview, an advantage is that you can
Andrei [34K]

Show interest, act professional, show that you want the job and show that you  got what it takes and more. You're showing them that you want the job and no one is gonna take it from you (just don't be that cocky either) they don't like people who are too cocky or too much of a push over you have to have a good balance that will show that you're perfect for the work environment =.


Hope this helped!

5 0
3 years ago
Which statement illustrates the law of demand?
melamori03 [73]

Answer:

Option (c) is correct.

Explanation:

Law of demand states that the price of the commodity and the quantity demanded of that commodity are negatively related to each other. This means that as the price of the commodity falls then as a result the quantity demanded for that commodity increases.

Therefore, the consumer will buy more sticks when the price of sticks falls from $2 to $1.

3 0
3 years ago
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Serga [27]

Answer:

C)

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7 0
3 years ago
Read 2 more answers
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