1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stira [4]
3 years ago
10

Create a firm model that shows how economists explains the firm level of production that maximizes its profit. Do not use number

s. Just graphs and detailed explanation. Make sure to explain the concavity of the production function and what does it mean.
Business
1 answer:
densk [106]3 years ago
3 0

Answer:

MC ( marginal cost ) = MR ( marginal revenue )

Explanation:

A Firm's level of production that maximizes the profit of the firm is the level where by the MC = MR. i.e. Marginal Cost = Marginal Revenue as shown in the graph attached . shade part depict region where Firm will make the most profit

Attached below is th graphical illustration as required by the question

You might be interested in
How might you balance personal values with the desire to make a profit?
Natali [406]

Answer:

Every investor who ventures into the world of stock investments and finance does so with the clear objective of obtaining an economic gain: it is his clear purpose, and there is no other reason to take the risk than to obtain a benefit greater than the risk assumed. .

Now, each investor is a completely different individual from the others, and in that tenor, each of them has personal values that may be completely different from each other. Thus, each investor must balance her economic interests with her personal values: for example, a conservative and religious investor must analyze in her private heart if she wishes to invest in a company that finances research on abortion.

In this context, in my case my personal convictions do not influence my work, that is, investing is part of my work activity and therefore, my opinions are put aside when considering the investment that can provide the most profits.

4 0
3 years ago
What is frim defion please help
Margaret [11]
Having a solid structure or surface. Does this help?

8 0
3 years ago
You learned in the lesson how the stock market influences the economy. Do you have to own stocks to be impacted personally by th
lawyer [7]
No stocks can affect any business in which you may shop at. not owning any stocks could affect you by price changes in the business
8 0
3 years ago
Year-to-date, Yum Brands had earned a 4.40 percent return. During the same time period, Raytheon earned 4.93 percent and Coca-Co
evablogger [386]

Answer:

3.612%

Explanation:

The computation of portfolio return is shown below:-

Portfolio return = (Return of Y × Weight of Y) + (Return of R × Weight of R)

+ (Return of C × Weight of C)

= (4.40% × 40%) + (4.93% × 40%) + (-0.60% × 40%)

= 1.76% + 1.972% - 0.12%

= 3.612%

Therefore for computing the portfolio return we simply applied the above formula.

5 0
4 years ago
At the end of a particular operating​ period, suppose Brenda​ (the manager) sits down with Ethan​ (the employee) and they meet t
Angelina_Jolie [31]

Answer:

Evaluate performance

Explanation:

The mbo process is a time where an employee and manager work together and sets record for a particular period of time.

This step in the mbo process is evaluation of performance. Under this step, the manager reviews the work of the employee from the question, this is what Brenda is doing with Ethan. She is evaluating his performance.

8 0
3 years ago
Other questions:
  • True or false: economies of scale exist when expansion of the scale of production causes total production costs to increase more
    10·1 answer
  • At the end of its first year of operations on December 31, 2020, Carla Vista Company's accounts show the following.
    11·1 answer
  • What action can a policyowner take if an application for a bank loan requires collateral?
    7·1 answer
  • In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information i
    7·1 answer
  • On December 31 of the current year, Aztec Company understated ending Merchandise Inventory by $10,000. How does this error affec
    8·1 answer
  • David's marketing research returned the finding that customers were staying away from his bookstore because of a lack of service
    12·1 answer
  • To test the validity of a selection test for advanced widget designers, Apptastic administers the test to its current widget des
    10·1 answer
  • Fictional Corp has an on-premises cloud in their data center that is typically able to handle the normal workload. However, occa
    5·1 answer
  • Indique en su comunidad en qué proyectos se podrían realizar negociaciones entre diferentes actores (vecinos, empresas, iglesias
    7·1 answer
  • The strength of the economy of singapore is based largely on its lack of corruption and generous government support for new busi
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!