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iris [78.8K]
3 years ago
6

perfectly competitive firm sells pineapples for​ $4 each. MR​ = MC at a quantity of 600 units. Average total cost at the​ profit

-maximizing quantity is​ $2.75. This firm is earning a profit of
Business
1 answer:
mart [117]3 years ago
5 0

Answer:

$ 750

Explanation:

Total cost = average total cost × quantity = $ 2.75 × 600 = $ 1650

Total revenue = price × quantity = $ 4 × 600 = $ 2400

profit = $ 2400 - $ 1650 = $ 750

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The inflation rate is measured by calculating the percentage change in the consumer price index. True or False
kkurt [141]

Answer:

true

Explanation:

the consumer price index measures the average prices of a basket of goods and services, it includes housing costs, food, medical care, transportation, educational expenses, etc.

The current price of the CPI basket can be used to measure inflation by comparing it to the price of last year's basket ,or if you go a little further, you can compare it to the base year's basket of goods.

5 0
3 years ago
Kathy has taken a job with her ideal company and is excited to start in their sales department. Kathy is going to be spending so
Amanda [17]

Answer: Option (E)

Explanation:

E-business also known as online business is also referred to as any type of commercial transaction or business that tends to include sharing of information and data across internet. Commerce mostly constitutes exchange of commodity, products and other services in between groups, businesses  and also individuals and thus can be easily seen as an essential activity of a business organization.

7 0
3 years ago
Which of these is not a result of regular exercise?
Paul [167]
B) causing your heart to wear out faster
4 0
3 years ago
Your project requires new software. The IT department is going to research options to identify the best solution to work with yo
kondaur [170]

<u>Answer: </u>Consult

<u>Explanation:</u>

RICA is the acronym for Responsibility, Inform, Consult and Accountability. For different projects different categories are provided based on their requirement of involvement in the project. In the new project the IT department in the company provides inputs such as new software application. This work falls under consult in RICA matrix.

Responsibility is based on completion of the given work. Accountability to provide a final answer for the work done. Consult is providing feedback and contribution to the activity. Inform to person who requires information update.

8 0
3 years ago
Suppose the price of Twinkies is reduced from $1.45 to $1.25 and, as a result, the quantity of Twinkies demanded increases from
valentina_108 [34]

Answer:

d. .64.

Explanation:

Price elasticity of demand measure the responsiveness of demand against change in the price of given product. It measures the ratio of change in demand to change in price.

Change in demand = ( 2200 - 2000 ) / [ (2200+2000)/2 ] = 200 / 2100 = 0.0952

Change in price = ( 1.25 - 1.45 ) / [ (1.25+1.45)/2 ] = 0.2 / 1.35 = 0.148

Elasticity of Demand = Change in demand / change in price = 0.0952 / 0.148 = 0.643 = 0.64

6 0
3 years ago
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