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Furkat [3]
3 years ago
8

In exhibit 7-15, if the market price of mowing lawns is $16 per lawn, then e-z-care will earn the biggest profit by mowing:

Business
2 answers:
Andrew [12]3 years ago
5 0

Answer:

7 lawns

Explanation:

Any firm will maximize its accounting profits at the price where average total cost = marginal costs, in this case the market price is higher, so that will enable EZ Care to make an economic profit besides an accounting profit, but the quantity supplied will not vary, it will still be 7 lawns per day.

professor190 [17]3 years ago
3 0

Answer:

B. 8 lawns per day.

Explanation:

As seen in the graph below, The AVC and ATC curves intersect the MC curve at the minimum of the MC curve. The marginal cost curve intersects the AVC curve to the right of the minimum of the AVC curve. It also intersects the ATC curve to the right of the minimum of the ATC curve. At first, marginal cost decreases with additional output, but then it increases with additional output. The firm’s profit-maximizing level of output will occur where MR = MC (or at a level close to that point).

Therefore, from the graph; at $16 per lawn, the maximum profit = 8 lawns per day.

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alex41 [277]

Answer:

a. Faraday cage

Explanation:

Faraday cage -

It refer to as a shield which helps to block any electromagnetic fields , is referred to as faraday cage .

It is also known as Faraday shield .

In a Faraday cage , a mesh or covering conductive material is added to block any electromagnetic field .

Hence , from the given information of the question ,

The correct answer is a. Faraday cage .

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3 years ago
owner withdrawals cause a(n) (increase/decrease) in owner's equity and are recorded directly in owner's (capital/withdrawal/equi
Alla [95]

Owner withdrawals cause a decrease in owner's equity and are recorded directly within the owner's withdrawal.

<h3>What is a withdrawal?</h3>

Withdrawals are variables in an economy that leak the circular flow of income and reduce the dimensions of national income. Withdrawals include savings, taxation, and imports.

To know more about withdrawal go to the given link:

brainly.com/question/2933232

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6 0
2 years ago
Why are the largest industrial corporations in the United States so committed to international marketing?
LenKa [72]

Answer:

The US is the largest economy in the world, but it only represents about 1/4 of the total. That means that the opportunities of earning higher profits and effectively using all their resources increases dramatically when you serve the whole world. E.g. Apple is the mot valuable firm in the world and about 60}% of its revenue comes from foreign markets. Something similar applies to most large corporations, that would be much smaller and less profitable is they only served the US market.

6 0
3 years ago
kendra always buys and uses wilson brand tennis balls. if she finds a penn or dunlop ball on the court, she gives it away. brand
Dmitry [639]

Considering the situation above, by building a strong brand, Wilson has effectively "<u>reduced the price elasticity of demand for its products</u>."

This is because the price elasticity of demand is a term in economics that defines the sensitivity of the quantity demanded of a commodity to its price.

Usually, the price elasticity of demand shows that when the price of a commodity increase, the quantity demanded decreases.

Thus, in this case, since it is said that Kendra allowed Wilson to charge a higher price and not lose many sales, therefore, Wilson has been able to reduce the price elasticity of demand for its products.

Learn more here: brainly.com/question/15654343

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2 years ago
a contraction period is characterized by the following attributes: businesses that are operating lower productive capacity, unem
Goryan [66]

Economic cycle is defined as the fluctuations of the economy between the period of expansion and contraction.

There are four stages of economic cycle :

Expansion, peak, contraction, trough

Under the stage of contraction, the business flow is slow as low retail sales, prices, interest rates. The correction will takes place in this stage and economy started recovering in the next stage that is trough.

It is very important to insight the economic cycle for taking major decisions regarding investment and business.

This cycle goes in cyclic pattern.

The investors will invest more in the contraction period because rates were relatively low in this stage.

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2 years ago
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