Answer:
hello and i am only putting this because i have to complete this
Most time, the marginal cost of the last unit produced equals the marginal revenue in order to ensure that the firm is maximizing profits.
<h3>When do firm maximize profits?</h3>
Most time, a firm will prefer to maximize profit in order tooIncreased its brand loyalty.
Most time, when a firm is able to cut prices and gain more customers, it will gain bigger exposure and brand loyalty and this will enables the firm to be more prominent in the market.
In costing, the the marginal cost of the last unit produced equals the marginal revenue in order to ensure that the firm is maximizing profits.
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Answer:
So Helen can only make a deduction of $12000 from the value.
Explanation:
The amount is given as
The maximum value of phase out allowance is $25000
The value of loss reduction is calculated for the value of MAGI greater than $100,000 which is $26000 in this case thus the solution is given as
$25000-50% *$26000
=$25000-0.5*$26000
=$25000-$13000
=$12000
This means that the research shows that 95% of the yield is between 118 to 130 bushels per acre. The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.
<h3>
Confidence interval</h3>
Given that 95% confidence interval for the true mean yield is 118 to 130 bushels per acre.
This means that the research shows that 95% of the yield is between 118 to 130 bushels per acre. The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.
Hence:
μ ± E = (118, 130)
where μ is mean and E is margin of error
μ - E = 118 (1)
Also:
μ + E = 130 (2)
From both equations:
μ = 124, E = 6
The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.
Find out more on Confidence interval at: brainly.com/question/15712887
