Answer: Reduce output
Explanation: Profit = Total Revenue – Total Costs
Therefore, profit maximization occurs therefore, profit maximization occurs at the most significant gap or the biggest difference between the total revenue and the total cost.
TC = AC×Q = $4×500 = $2,000
Theoretically, profit maximization occurs where MR = MC
From the forgoing, producing an extra unit will increase the cost of the company thereby reducing profit.
The company should reduced output to around 499 units or less
Answer:
Who want to rent a boat? 8 person
Explanation:
Carry 1500 pounds
Carry 200 pouns
Average 150 pound /person
Additional10 pounds/person
1500-200=150x
+10x
1300=160x
x=1300÷160
x=8,12
8 person Aditional Gear
150 10
8 8
1200 80 200 1480
Answer:
maintenance; short-term
Explanation:
When she stops saying it out loud, she forgets it. Elka is using maintenance rehearsal to keep the information in short-term memory
Maintenance Rehearsal is the process of repeatedly verbalizing or thinking about a piece of information.
Answer:
Frictional unemployment. This is unemployment caused by the time people take to move between jobs, e.g. graduates or people changing jobs. ...
Structural unemployment
Explanation:
