I believe the answer is Monopolist.
The bundle that is going to maximize profit is going to be Late
<h3>How to find the bundle that would maximize profit</h3>
we have the net profit from early to be 7 + 5 = 12
We have the net profit from late to 6 + 10 = 16
We can see that the value for late is greater at 16 compared to that of the early.
Hence we can say that late has the greatest profit.
Next we have to solve for the profit that is made. This is the net profit.
The solution is given as 16 - 12 = 4
<h3>What is profit maximization</h3>
This is the process where by businesses would try to get the best output possible from the given inputs that they would use in the business. It goal is to be able to maximize the returns that they would make.
Read more on profit maximization here:
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Comparative advantage<span> refers to the ability of a party to produce a particular good or service at a lower opportunity cost than another.Hope you like:)</span><span>
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Answer:
These are the missing multiple choices:
a. $3,780,000, b. $4,212,000, c. $720,000
The correct option is A,$3,780,000
Explanation:
The total cost of Martson's new equipment comprises of the invoice price of the equipment of $3,600,000 plus the cost of installation and shipping costs of $180,000.
The rationale for the shipping and installation is that costs of asset should include costs incurred in bringing the asset to its present location and condition such as installation and shipping costs.
The costs of the assets is $3,780,000($3,600,000+$180,000)
Answer:
Aristotle argues that what differentiates human beings from other animals is the human reason.
Explanation:
"Good life" can be seen as the one in which a person understand and exercise their rational faculties. The word "good" can be used to show moral approval. Therefore, for someone to be called good, they must have possessed and practiced many important virtues and not pursuing their own pleasure all the time.
According to Aristotle, happiness consists in achieving all the goods like health, wealth, knowledge, friends etc throughout a lifetime. He sees happiness as the central purpose of human life.
Aristotle believes that the highest good is a solitary nucleus which all other goods are acted upon and this highest good is happiness.