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.
Answer:
creamer
Explanation:
Complement Goods:
Are goods that do not compite to each other. At the contrary, if a higher quantity is demanded of one good, a higer demand will ocur n the other as well. And if the demand from one of them decrease, the demand of the complement also decrease.
Give n two products X and Y A consumer will be more like to purchase Y as units X are accumulated.
From the list the only good that fits in this definition is the creamer
Answer:
He should ask nieghbors to stop
Explanation:
Because asking nice is not a bad reason
Most job won't hire if you don't have a high school degree, so I would go back to school.
Answer:
The answer is $2,880 or None of the above in the multiple choices
Explanation:
The money/non-monetary method means that monetary items (e.g. cash, accounts payable and receivable, and long-term debt) are translated at the current rate while non-monetary items (e.g. inventory, fixed assets, and long-term investments) are translated at historical rates.
Therefore, the value of inventory in $ is translated at the historical rate as follows:
Inventory's current value x historical rate = €1,800 x $1.60/€1.00 = $2,880