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Elina [12.6K]
4 years ago
5

A firm produces a product in a competitive industry and has a total cost function (TC) of TC(q) = 60 + 10q + 2q2 and a marginal

cost function (MC) of MC(q) = 10 + 4q. At the given market price (P) of $20, the firm is producing 5.00 units of output Is the firm maximizing profit? No What quantity of output should the firm produce in the long run? The firm should produce 5unit(s) of output. (Enter your response as an integer.)

Business
1 answer:
LiRa [457]4 years ago
6 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Number 1 = decrease
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3 years ago
Hanson Aquatics manufactures navigational equipment. As a new Hanson employee, Lyndon Kiely was told that even if he decides not
nataly862011 [7]

If he must pay the dues. Hanson has a(n) <u>agency </u>shop.

<h3>What is agency shop?</h3>

An agency shop  can be defined as a shop in which the employer may decide to recruit a person that is member of the union or a person that is not part of the union.

In this agency shop it is not mandatory for an employee which not member of the union to join the union but the employee must always pay the dues.


Therefore  Hanson has a(n) <u>agency </u>shop.

Learn more about agency shop here:brainly.com/question/1285850

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7 0
2 years ago
Mr. Thompson is a professor of marketing at the local university. In the student orientation program, he addressed the freshmen
vazorg [7]

Answer:

Persuasive Advertising is the correct answer.

Explanation:

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Persuasive Advertisement is done through different types of advertising techniques such as television,mail, websites, newspaper, and radio.

Persuasive Advertising skills are very important in the business and marketing areas as it helps the marketing experts to increase the sales, helps in the introduction of new product and to fight with the competitors.

7 0
4 years ago
Sun Devil Hair Design has the following transactions during the month of February. February 2 Pay $700 for radio advertising for
lord [1]

Answer:

Sun Devil Hair Design Journal entries

Feb. 2

Dr Advertising expense 70p0

Cr Cash 700

Feb. 7

Dr Supplies 1,300

Cr Accounts payable 1,300

Feb. 14

Dr Cash 2,900

Cr Service revenue 2,900

Feb. 15

Dr Salaries expense 900

Cr Cash 900

Feb. 25

Dr Accounts receivable 1,000

Cr Service revenue 1,000

Feb. 28

Dr Utilities expense 300

Cr Cash 300

Explanation:

No further explanation was been given in this question.

5 0
3 years ago
Darryl would like to work as an accountant full time. A full-time position is not available, however, so he must accept a part-t
ivolga24 [154]

Answer: Employed.

Explanation:

Daryl is employed, because he has a job, where he works 15 hours a week. The job although it is not a full-time job still is a form of employment, where Daryl works and is paid.

5 0
4 years ago
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