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2 years ago

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]2 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]2 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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The technology involved in RFID (Radio Frequency Identification) has traditionally been used to ______.

Nookie1986 [14]

Answer:

d) manage inventory prior to items reaching the sales floor

Explanation:

RFID (Radio Frequency Identification) systems transferred inventory management as pioneers in automatic identification. Prior RFID, the warehouse workers had to manually check items through barcodes. Therefore, RFID transformed the whole inventory segment.

Afterward came the other applications of RFID.

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3 years ago

what was the role of Winnie madikizela-mandela in the struggle against apartheid in the 1950s to 1970s

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2 years ago

1. Analyze financial statements. 2. Transfer journal entries to ledger 3. Prepare the financial statements. 4. Record transactio

MrRa [10]

Analyze transactions- Post individual transactions into a single account, Transfer journal entries to ledger-Summarize data in the ledgers, Prepare the financial statements-Evaluate profit/loss of the firm, Record transactions in journals--Prepare income statement, Take a trial balance-Record financial data, Analyze source documents- Separate purchasing receipts from sales documents.

<h3>What is profit and loss?</h3>

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Thus, the statement are matched above.

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1 year ago

When Frank buys his own house, he would like to have a home theater system and a jacuzzi. He plans to save enough money in the n

Basile [38]

Answer:

Explanation:

he wants all of those things

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2 years ago

ou are a producer of cold medicine. Last month, a flood at your factory eliminated 50% of your firm’s production capability. At

Scilla [17]

Answer:

The flood shifts the supply to the left.

The increase in healthcare costs shifts the supply curve to the left.

Explanation:

An increase in the cost of production inputs (increase in health costs) or a decrease in the availability of resources (the flood reduced the firm's production capability), will shift the supply curve to the left.

A leftward shift of the supply curve will lower the quantity supplied and will increase the price of the good at every level of demand.

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2 years ago