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
vampirchik [111]
3 years ago
11

You are the manager of a firm that sells its product in a competitive market at a price of $50. Your firm's cost function is C =

40 + 5Q2. The profit-maximizing output for your firm is
Business
1 answer:
Marina86 [1]3 years ago
5 0

Answer: Q = 5

Explanation:

In a competitive market, the profit maximising quantity is the quantity at which Marginal Cost is equal to Marginal revenue.

In a competitive market, price is equal to marginal revenue so marginal revenue is $50.

Marginal cost would be the differential of the cost function;

= 40 + 5Q²

= (2 * 5) * Q

= 10Q

10Q = 50

Q = 50/10

Q = 5

You might be interested in
Which of the following statements is accurate? Group of answer choices A cost-leadership competitive strategy increases the thre
Katen [24]

Answer:

The correct statement is expressed by option B - Firms with a low-cost position can reduce the threat of rivalry in an industry.

Explanation:

Firms with a low-cost position can reduce the threat of rivalry in an industry based on these reasons:

Firstly, these firms can decide to set their prices to be the same as the prices of higher-cost competitors.

Secondly, low-cost firms can decide to price their goods or services a little bit below the prices of their high-cost rivals.

8 0
3 years ago
What are keywords? in a paragraph pls
oksian1 [2.3K]

Answer:

like what key words the key words I know are she he I him her your you are yours us we names they them themselves and I think that's it

7 0
2 years ago
SEC Rule 10b-18 allows an issuer to buy its shares in the open market:________.A. at any price that is reasonably related to the
Mice21 [21]

Answer:

B. at the highest independent bid or the last reported sale price, whichever is higher

Explanation:

SEC Rule 10b-18 was issued to create a safe harbor that reduces a company's possible legal liabilities related to repurchasing their own stock. Companies can decide to follow it or not, but if they follow it, they must comply with specific requirements that depend on the company's size and trading activities. Even if companies follow all the requirements of this "safe harbor", all legal liabilities are not eliminated, instead some specific provisions will not be considered to have been violated by the company.

The conditions related to this rule  include

  • Manner of purchase conditions
  • Timing conditions
  • Price conditions
  • Volume conditions
7 0
3 years ago
A good way to develop additional business-related career skills is to
Leto [7]

Answer:

D is very good but A and c are good to And b if so I would choose all four

3 0
3 years ago
The major feature of zero-based budgeting is that it?
luda_lava [24]

The correct option is (B); Questions each activity and determines whether it should be maintained as it is, reduced, or eliminated.

<h3>What is zero-based budgeting (ZBB)?</h3>

Zero-based budgeting (ZBB) is a budgeting strategy that entails creating a fresh budget from scratch each time, or from "zero," as opposed to beginning with the budget from the prior month and making adjustments as necessary.

Key features of zero-based budgeting are-

  • The zero-based budgeting (ZBB) methodology helps companies match their spending to their strategic objectives.
  • According to this methodology, firms must create their yearly budget from scratch each year in order to ensure that all of its components are affordable, pertinent, and capable of generating increased savings.
  • With zero-based budgeting, each budgeting cycle is started at zero.
  • This strategy requires explanation of all expenses, not just new ones.
  • The quickest path to achieving your financial objectives is still with a thorough spending strategy.

To know more about the zero-based budget, here

brainly.com/question/26195666

#SPJ4

The correct question is-

The major feature of zero-based budgeting (ZBB) is that it

A. Takes the previous year’s budgets and adjusts them for inflation.

B. Questions each activity and determines whether it should be maintained as it is, reduced, or eliminated.

C. Assumes all activities are legitimate and worthy of receiving budget increases to cover any increased costs.

D. Focuses on planned capital outlays for property, plant, and equipment.

4 0
2 years ago
Other questions:
  • Annuity payout option allows the policyowner to choose a pre-determined number of benefit payments?
    15·1 answer
  • What is a mortgage?
    8·1 answer
  • Which country is a good example of a high present rate of investment and a low present rate of consumer goods consumption?
    8·1 answer
  • There are 100 consumers, each of whom values a concert ticket at a unique whole number dollar amount between $1 and $100. one cu
    7·1 answer
  • If Andre has a child and adds another dependent to his tax form for withholding, the company will withhold a lower amount of inc
    6·1 answer
  • Monopolistic competition means:
    15·1 answer
  • Western Airlines operates five flights daily between Chicago and Phoenix during the winter. One flight leaves Phoenix at 12:10 P
    10·1 answer
  • ________ communication is a form of two-way communication, a dialogue.
    5·1 answer
  • Cheryl is single, has one child (age six), and files as head of household during 2020. Her salary for the year is $19,500. She q
    6·1 answer
  • TechSmart employees receive annual pay raises and stock allocations on the basis of performance evaluations that assess individu
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!