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TiliK225 [7]
3 years ago
12

When a firm produces one more unit of output the total revenue increases from $838 to $973, and the total cost increases from $5

14 to $686. When this last unit of output was produced, what was the change in profit? Enter a whole number with no dollar sign. Enter a negative sign if appropriate.
Business
1 answer:
joja [24]3 years ago
3 0

Answer:

the profit decrease -37

Explanation:

First of all you need to calculate the profits between the first scenario

1st= revenue1- total cost1

1st= 838-514 = 324 (profit)

secondly, you have to calculate the second scenario:

2nd = revenue 2- total cost 2

2nd= 973 - 686 =  287 (profit)

Now that you have the two results need to calculate the difference

Profit 2 - Profit 1

287 -324= -37

It means that the profit decrease -37 and is equvalent to -11,4%

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kogti [31]
<span>An increase in investment shifts the AE curve upward by an amount equal to the​ change in investment, and shifts the AD curve rightward by an amount equal to the​ change in the investment by the multiplier.
The AE curve stands for the aggregate expenditure which measures expenditures on consumption. The AD curve stands for the aggregate demand curve which measures the demand levels when prices change for a good or service in an economy. 

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5 0
3 years ago
"Because apples and oranges are substitutes, an increase in the price of or¬anges will cause the demand for apples to increase.
irinina [24]

Answer:

The correct answer is option a.

Explanation:

Apples and oranges are substitutes. An increase in the price of oranges will cause the demand for apples to increase. This is because people will prefer a cheaper substitute. This increase in the demand for apples will cause its demand curve to shift to the right.

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So, the given statement is not correct.

7 0
3 years ago
When joseph, a restaurant manager, plans, he sets goals and then decides how to achieve them. this is the definition of planning
Margarita [4]
<span>This is a true statement. When Joseph is setting these plans, he is giving himself a roadmap on how he and his employees will best achieve these goals over the timeframe required. By planning, he can make sure that the business stays on track to meet whatever figures the company has set forth.</span>
8 0
3 years ago
6. What do you pay for a twelve-ounce can? What are the real social costs of producing a can of Coke – in terms of water, power
VladimirAG [237]

Answer and Explanation:

To pay for a twelve ounce can it costs between 50 cents to a dollar. The social costs of producing a can coke, in which 9 liters of fresh water is used which effects fresh water supply on earth due to its contamination. The cost of making coke :costs more higher, where it has to maintain its employees, buildings, its road transportation, garbage disposal, and many more. People who are living near the coke plant building pays all these costs, and all people pays a equal part as it is taking from earth.

4 0
3 years ago
Trisha makes purses out of old blue jeans and sells them to customers at local craft fairs. what type of marketing channel does
Anettt [7]

Answer:

Direct.

Explanation:

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5 0
3 years ago
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