Answer:
The correct option is a. $61.25.
Explanation:
Note: The correct cost function of the farmer is as follows:
C(Q) = 0.05Q^2 ……………….. (1)
Differentiating equation
MC = C’(Q) = 0.1Q
P = Expected price = (25% * $3) + (50% * $3.50) + (25% * $4) = $3.50 ……. (2)
Since profit is maximized when MC = P, we equate equations (1) and solve for Q which is the expected profit-maximizing quantity as follows:
0.1Q = 3.50
Q = 3.50 / 0.1 = 35
Substituting Q = 35 into equation (1), we have:
C(Q) = 0.05 * 35^2 = $61.25
R(Q) = Maximum expected revenue = P * Q = $3.50 * 350 = $122.50
The farmer's maximum expected profit = R(Q) - C(Q) = $122.50 - $61.25 = $61.25
Therefore, the correct option is a. $61.25.
Answer:
d. $4,000 credit to common stock
Explanation:
The journal entry is shown below:
Since the company issued 400 shares for $10 per share
So, the journal entry is
Cash Dr $4,000
To common stock $4,000
(Being the issuance of the common stock is recorded)
here the cash is debited as it increased the assets and credited the common stock as it also increased the equity account
Answer:
<u>C. the advantage is that regardless of the size of the estate it can be transferred tax-free and the disadvantage is that the IRS will find another way to tax the surviving spouse. </u>
<u>Explanation:</u>
Indeed, the unlimited marital deduction provision allows a spouse (either the husband or the wife) to transfer an unrestricted amount of assets (estate assets) to the other spouse at any time regardless of the size of the estate without any tax deduction.
However, even though the IRS is unable to deduct this, it <u>will find another way to tax the surviving spouse </u>because that's their job.
5x7+9
You would be using
P. Parentheses
E. Exponents
M. Multiplication
D. Division
A. Addition
S. Subtraction
Since in this problem multiplication comes before addition you would do that first,
5 multiplied by 7 is 35
35 plus 9 is 44
Your answer would be 44
If you have any more questions feel free to ask,
Hope this helps! :3
Answer:
C - larger; smaller
Explanation:
Marginal effects usually determine the change in a dependent variable (overall medical spending) based on a change in another variable that affects the dependent one (Spending on preventative care), all things remaining the same. If spending on preventative care is high, the overall medical bill should be low, assuming treatment costs, labor costs of health workers and all other factors are constant. If preventative care spending is low, the overall medical spending will be high.
The marginal effects of overall medical spending on health status is larger in the US. The marginal effects of preventative care spending on health is likely smaller than for overall spending.
