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Kaylis [27]
3 years ago
9

Which of the following is true about how a firm in a competitive market decides what level of output to produce in order to maxi

mize its​ profit?A. Produce until marginal cost is furthest above average total cost.B. Produce at the point where price is equal to marginal cost.C. Produce up to the point where price equals average total cost.D. All of the above.
Business
1 answer:
almond37 [142]3 years ago
6 0

Answer:

C. Produce up to the point where price equals average total cost.

Explanation:

  • A firm in a competitive market trier to reach a maximum profit and that equals to the total revenues minus the total costs and price and the goods and them have no control over changing market supply.
  • The demand and are the price takers of the market and are same as compared to the supply and demand as the price. If the price is less than that of the average total cost but is greater than the average Variables cost and is when the firm incurs an economic loss.
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Mr. Baxter IV, would like to retire in 26 years. He would like to accumulate $1,500,000 at the time of retirement to live a cont
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Answer:

Monthly deposit=  $840.74

Explanation:

Giving the following information:

Number of periods= 26*12= 312 months

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<u>To calculate the monthly deposit, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

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Considering wacc, if the federal government suddenly stopped allowing deductibility of corporate debt interest, what would happe
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A particle is moving along a projectile path at an initial height of 160 feet with an initial speed of 144 feet per second. this
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A function assigns values. The maximum height of the particle is 484 ft.

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

A function assigns the value of each element of one set to the other specific element of another set.

Given that the function of the height of the particle is h(t) = −16t²+144t+160.

Now, to find the maximum of the function we need to differentiate the function, and then equate it with zero to find the value of t at which the height will be maximum.

h(t)=-16t^2+144t+160\\\\\dfrac{dh}{dt}=-16(2t)+144\\\\\dfrac{dh}{dt}=-32t+144

Now, equate the function with 0, we will get,

0=-32t+144\\t = 4.5

Further, plug in the value of t as 4.5 to get the maximum height.

h(t)=-16t^2+144t+160\\\\h(4.5)=-16(4.5^2)+144(4.5)+160\\\\h(4.5)= 484\rm\ ft

Thus, the maximum height of the particle is 484 ft.

Learn more about Function:

brainly.com/question/5245372

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Unusually sharp, a number in dice and giving direction or quoting a price. A decimal mark, deciding a game or a moment in time t
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