If the market price of each camera case is $8 what is the profit-maximizing quantity? 300 units 400 units 500 units 600 units
1 answer:
You might be interested in
Answer:
A. Take regular EBS snapshots .
Explanation:
- is incorrect. It lacks durability of EBS volumes.
- is incorrect. ECT Instance stores are not durable.
- is incorrect. Mirroring across EBS volumes is pargely inefficient.
-Since EBS snapshots only saves snapshots of the most recent device changes, a great deal of time and memory is saved. Also, only data unique to any particular snapshot is removed in cases of deletion.
Answer: C. The ATC curve eventually slopes upward because average variable cost eventually increases
Explanation:
The Law of Diminishing Marginal Returns causes the Average Total Cost curve to eventually slope upwards because the Average Variable Cost will increase.
Why?
At first, with production increasing, a firm will be very efficient at producing a certain good thereby driving the cost down per unit. As time goes on however, the law of Diminishing Marginal Returns comes into play as more is invested into the business. The cost per unit will therefore rise which will lead to the ATC curve going upwards.
I have included a simple graph to illustrate.
If you need any clarification do react or comment.
