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devlian [24]
3 years ago
9

To maximize its profit, a producer should set a price (and produce that related output) where:A. marginal cost is just less than

or equal to marginal revenue.
B. marginal cost is at its minimum.
C. price is as high as possible.
D. total revenue equals total cost.
E. marginal revenue is zero
Business
1 answer:
marin [14]3 years ago
3 0

Answer:

The correct answer is A.

Explanation:

To maximize the profit you need to set a price where marginal cost equals marginal income. If marginal income is higher than marginal cost, each additional unit will increase income. If the marginal cost is higher than the marginal income, each additional unit will decrease income. Therefore, to maximize profit Cmg=Img.

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Thrill Rides is considering adding a new roller coaster to its amusement park. The addition is expected to increase its overall
zepelin [54]

Answer:

C. ticket sales for the new coaster.

Explanation:

In the case when the sales is reduced for the boat rise so the new rise would decrease the sales of the boat ride.

in the case when the food cost would be increase so if the sales of the food rises so automatically the food cost would rise

In the case when there is an extra sales for existing coaster, the same is mentioned in the given case

Therefore the option c is correct

4 0
3 years ago
Car payments are determined using simple interest. If you don’t remember this formula, go back and look it up! To finance your v
aivan3 [116]

Answer:

Bank B for the car loan and Bank A for the savings account

Explanation:

The reason why this would be your answer is because when you are opening a savings account, you want to make sure that the interest is high. However, when you get a new car, you want to make sure that the interest is low. Bank B provides a low interest rate, while Bank A provides a high interest rate.

Why are the two the opposite? Here's the answer:

Why you should get a high interest rate for a savings account:

You should get a high interest rate for the savings account because the interest you have for the savings account is the money that the bank will give you, so it's pretty much free money that the bank is giving you for having your money saved in their bank. If you want to get more money from the bank because of your savings account, then you should find one with a high interest rate

6 0
3 years ago
To prevent loss of work on the computer, it is essential to:
MA_775_DIABLO [31]

Answer: Its D. Save your document Frequently

Explanation: Hoped i helped!

4 0
3 years ago
Becker Products is a manufacturer and distributor numerous food products. The company recently reported earnings per share of $5
atroni [7]

Answer:

The intrinsic value = $469.15

Explanation:

<em>The price earning (P/E) ratio can be used to determine the price of a stock. This is done as follows:</em>

Price = EPS × P/E ratio

It is appropriate to use the industry average price-earning ratio   for the purpose of this valuation.

The intrinsic value = 19.75 × $5.50 = $469.15

3 0
3 years ago
Read 2 more answers
Personal values and work values cannot be related true or false​
morpeh [17]

Answer:

false, these two can be related

Explanation:

false

7 0
3 years ago
Read 2 more answers
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