Answer: <u><em>The manufacturer can make up to 66 units and still make a profit. This leads to a total cost of $19370.</em></u>
Explanation:
Given :
C(x)=
Since the manufacturer believes it cannot make a profit when the marginal cost goes beyond $450.
MC = = $450
On evaluating the above equation , we get ;
<u>x = 66</u>
i.e. At x = 66
<u>C(66) = $19370</u>
Answer:
10%
yes
2%
enter
8%
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Rate of return = (earnings of firms / amount invested) x 100
(15/150) x 100 = 10%
The firm is earning an economic profit because the rate of return is higher than the normal profit by 2%.
In the long run, firms would enter into the industry. This would reduce economic profit to zero and the firm would be earning only normal profit once long run equilibrium has been reached
D) Rent on the warehouse housing the finished books inventory would be considered manufacturing overhead costs for all of the following.
<h3><u>What are </u><u>
overhead costs?</u></h3>
The expenditures involved in running a firm that isn't related to developing or manufacturing a good or service are known as overhead costs, often known as overhead or operating expenses. They are the costs a business must pay to remain open, regardless of how successful it is.
All expenses on the income statement of the business that aren't directly connected to producing, marketing, or selling a product or offering a service are referred to as overhead costs.
Because they are directly associated with the goods produced, potter's clay and a potting wheel are not considered overhead expenses. Because the potter must pay rent whether she is producing goods or not, the rent for the space where she works is an overhead expense.
Learn more about overhead costs with the help of the given link:
brainly.com/question/13384595
#SPJ4
Answer:
B-Enables workers to learn a variety of skolls
Explanation: