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
Allisa [31]
3 years ago
8

Suppose a competitive firm has​ cost, C​ = ​(0.002q3​) ​+ (22q)​ + 750, marginal​ cost, MC​ = 0.006q2​ + 22, and​ revenue, R​ =

80q. If the firm produces 150 units of​ output, A. R​ < C. B. MR​ < MC. C. marginal profit​ > 0. D. MR​ > MC. At this output level​ (150 units),
A. profit is negative.
B. marginal profit is negative.
C. profit is positive.
D. None of the above.
Business
1 answer:
aniked [119]3 years ago
3 0

Answer:

 Options B and C are correct.

  • Marginal profit is negative.
  • Profit is positive.

Explanation:

At q = 150

R = 80q = 80(150) = 12,000

C = 0.002(150)3 + 22(150) + 750 = 6750 + 3300 + 750 = 10,800

R > C so first is incorrect.

MR = 80

MC = 0.006(150 x 150) + 22 = 135 + 22 = 157

MC > MR so B is correct.

Profit = TR - TC = 80(150) - 0.002(150)3 - 22(150) - 750 = 12000 - 10800 = 1200

Profit is positive.

Marginal profit = MR - MC = 80 - 157 = - 77

MR is Negative

You might be interested in
Job 31 has a direct materials cost of $210 and a total manufacturing cost of $540. Overhead is applied to jobs at a rate of 200
Reika [66]

Explanation: what is this can you elaborate pls

7 0
3 years ago
what happens when the price of a good increases holding everything else constant? producer surplus decreases consumer surplus de
Diano4ka-milaya [45]

Consumer surplus drops when a good's price rises while keeping everything else constant.

<h3>What is consumer surplus ?</h3>

Consumer surplus is a financial estimate of the benefits that consumers receive from market competition. When customers pay less for a good or service than they would be willing to, this is known as consumer surplus.It measures the extra benefit that consumers get from paying less for something than they would have been prepared to.

In order to quantify the social advantages of public goods like national highways, canals, and bridges, the idea of consumer surplus was created in 1844. It has been a crucial tool for welfare economics research and government tax policy development.

To know more, consumer surplus, visit :

brainly.com/question/29025001

#SPJ4

3 0
1 year ago
You manage the network for your company. You have recently discovered information on a computer hard drive that might indicate e
statuscvo [17]

Answer:

make a bit-level copy of the hard drive

Explanation:

According to my experience with information technology, I can say that based on the information provided within the question the first thing that you should do would be to make a bit-level copy of the hard drive. This refers to a copy of every aspect of the hard drive. That way you do not lose anything that pertains to the hard drive as it may all be relevant to the case.

If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Fiedler's contingency theory of leadership suggests that leaders should be placed in leadership situations that best fit with th
rodikova [14]

Answer:

Explanation:

Suppose, you are a team leader & perhaps your opinion is huge and respected by your workers. Then;

Opinion is better-suited for relationship-motivated leadership

However, let say you're promoted from your post to another position to lead a team, it is possible that your followers will get bitter due to the fact that you're being promoted. In this case;

Confident is better-suited for  relationship-motivated leadership

Similarly, a scenario where we can have a task motivated leadership is as follows:

Let assume that, your workers are working on a project and you're not present there as a team leader.

Then, Achieve is better suited for task-motivated leadership

8 0
3 years ago
Which of the four main methods of international entry did Assan Motors employ to expand into the U.S.
kirill115 [55]

Answer: Foreign direct investment

Explanation:

The method of international entry that Assan Motors employed to expand into the United States is the foreign direct investment.

Foreign direct investment is regarded as the investment by a company in another country apart from the country where the entity is based. FDI is an aggressive way regarding international expansion, and has a high level of control.

5 0
3 years ago
Other questions:
  • The two financial components you must consider before purchasing a home are​ the
    7·2 answers
  • What is the maximum amount that OSHA can impose as a penalty on an employer for each Willful violation?
    9·1 answer
  • What is essential to delivering a successful presentation?
    5·1 answer
  • Vendor analysis has the greatest potential for savings for items which have:_______
    9·1 answer
  • Nash's Trading Post, LLC uses the percentage of receivables basis to record bad debt expense and concludes that 3% of accounts r
    12·1 answer
  • 1. Calculate the current ratio and the acid-test ratio for Queen's Line. (Enter your answers in millions, not in dollars. For ex
    15·1 answer
  • Identify the simplifying assumptions usually made in net present value analysis.
    12·1 answer
  • The deadweight loss from a tax per unit of good will be smallest in a market with a. inelastic supply and elastic demand. b. ine
    9·1 answer
  • In 2007, the nominal gross domestic product (gdp) was $50 billion and the gdp deflator was 200. Thus real gdp was.
    12·1 answer
  • Write a response to the following behavioral question using the behavioral question response model. Remember, if you do not have
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!