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liubo4ka [24]
3 years ago
8

If the market price of each camera case is $8 what is the profit-maximizing quantity? 300 units 400 units 500 units 600 units

Business
1 answer:
Serjik [45]3 years ago
3 0

Profit will be maximum for the firm where marginal revenue = marginal cost.

Since, the market price is fixed at $8 and therefore each additional unit of camera will be sold at $8.
Hence, marginal revenue = $8.

From the table, it is clear that cameras are manufactured in batches of 100.

Marginal cost is the cost incurred to produce one additional unit of camera. It will be calculated by taking the difference of successive variable costs (or total costs) divided by 100.

To produce 400th unit, marginal cost = (2760 - 1960)/100 = $8

Hence, profit maximising quantity isB. 400 (MR = MC)

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If over a short time there is an increase in the number of people retired and a decrease in the number of people working, then p
lesantik [10]

Answer:

a. rises but real GDP per person falls

Explanation:

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GDP increases as the income increases. This is because people have more money to spend on goods and services.

So if people are retiring they will earn pension that will be spent. This increases productivity of the economy.

However since the number of people working is reducing there will be a reduction in real GDP per person. Only few people are producing and output will be allocated to a large population many of whom are not working.

6 0
3 years ago
Which of the following is NOT an element of the marketing mix?
frosja888 [35]

Answer: Option D

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4 0
3 years ago
Transfer Pricing
dusya [7]

Answer:

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Explanation:

Giving the following information:

The materials used by the Multinomah Division of Isbister Company are currently purchased from outside suppliers at $90 per unit. These same materials are produced by the Pembroke Division.

The Pembroke Division can produce the materials needed by the Multinomah Division at a variable cost of $75 per unit. The division is currently producing 120,000 units and has capacity of 150,000 units. The two divisions have recently negotiated a transfer price of $82 per unit for 15,000 units.

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3 0
3 years ago
If the company budgets to need 4000 units to sell for a month, has a beginning inventory of 1000 units and a desired ending inve
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Answer:

5,500 units

Explanation:

The computation is shown below:

Given that

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So, by considering the above information, the units to be produced is

= Desired ending inventory + need to sell the units in a month - beginning inventory

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3 years ago
EXPLAIN HOW IMPORTANT MOTIVATION IN AN ORGANIZATION ​
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8 0
2 years ago
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