1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Scorpion4ik [409]
3 years ago
10

A monopoly finds that, at its present level of output and sales, marginal revenue equals $5 and marginal cost is $4.10 which of

the following will maximize profits?
Business
1 answer:
VARVARA [1.3K]3 years ago
7 0
To determined the profit is being maximized, you need to make sure that the difference between the total revenue and total cost is greatest. So the formula we need to use in determining the maximized profit is

Profit = Total Revenue - Total Cost

Given

 TR = $5
 TC = $4.10

Solution

Profit = 5 - 4.10
          = 0.9 
The answer is 0.9. 

You might be interested in
The additional benefit of producing one more roast beef sandwich at a local deli is $2. The additional cost of producing one mor
tigry1 [53]
First, we take into account the benefit and cost given in the problem. The benefit, which is $2 is a dollar lesser compared to the cost that would be incurred should the business opt to produce one more roast beef. This, of course, tells us that an additional roast beef will just impose an additional $1 cost. Thus, the answer should be the last choice. 
5 0
3 years ago
The ________ allows a company to capture the highest economies of scale.
Klio2033 [76]
It is the Continuous Flow Production Process. It is a stream creation strategy used to fabricate, deliver, or process materials without intrusion. Consistent generation is known as a persistent procedure or a nonstop stream process in light of the fact that the materials, either dry mass or liquids that are being prepared are constantly in movement, experiencing synthetic responses or subject to mechanical or warm treatment. Persistent handling is diverged from group generation.
3 0
3 years ago
Judy works at the headquarters of an online shoe store. She is a member of the advertising team, which is a team within the mark
Alik [6]

Answer:

a.A staff department

Explanation:

  • As the delegation is an assignment of the authority to carry out the specific activities. It is one of the core management concepts however the person remains accountable for the decision making and assignment of duty and the task.
  • Its an important factor that defines the success of the delegation is depended on the Individuals must be prepared for the delegation. The delegation can save time, money and motivate people.
6 0
3 years ago
Which economic system meets the most socialeconomic goals?
Gre4nikov [31]

Answer:

Market

Explanation:

6 0
3 years ago
Which expense has to be incurred at the time of Production?<br> a)fixed<br> b)variable
Setler [38]
Both but fixed goes first so a is correct
7 0
2 years ago
Other questions:
  • An FI has a $100 million portfolio of six-year Eurodollar bonds that have an 8 percent coupon. The bonds are trading at par and
    5·1 answer
  • All else being equal, does elastic or inelastic demand curve result in higher social surplus? How does elasticity of supply affe
    10·1 answer
  • Jose is from Brazil and is currently enrolled in an MBA program at a U.S. university. He routinely comes to class 30-60 minutes
    15·1 answer
  • When American servicemen occupied Japan following World War II, the Japanese watched the Americans playing baseball, appreciated
    6·1 answer
  • The expense recognition (matching) principle requires that expenses (expenses/assets/liabilities) be recorded in the same accoun
    8·1 answer
  • Fish Fillet Incorporated obtains fish and then processes them into frozen fillets and then prepares the frozen fish fillets for
    15·1 answer
  • 1. The Lounge Company manufactures slippers and sells them at $10 a pair. Variable manufacturing cost is $4.75 a​ pair, and allo
    12·1 answer
  • Of the 6.25 billion people in the world, 310 million live in North America. What percent of the world's population lives in Nort
    13·1 answer
  • People are unlikely to buy Big Macs in the places where they are relatively cheap (according to purchasing power parity) and sel
    5·1 answer
  • self-organization versus hierarchical organization — a mathematical investigation of the anarchist philosophy of social organiza
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!