Answer:
Economic profit = $40
Explanation:
given data
producing = 20 units
selling = $10 per unit
total fixed costs = $100
average variable cost = $3
output = 20 units
to find out
economic profit of this corporation
solution
we get here revenue that is express as
revenue = 20 units × $10
revenue = $200
and
now we get variable cost is here as
variable cost = 20 units × $3
variable cost = $60
and
now we get here total cost that is express as
total cost = Fixed cost + Variable cost .............1
total cost = $100 + $60
total cost = $160
so now Economic profit will be
Economic profit = Revenue - Total cost ......................2
Economic profit = $200 - $160
Economic profit = $40
Answer:
no problem
Explanation:
why should I subscribe it if I DNT want
There are many ways you can pay for your college tuition. First, you can find a part time job. Most colleges are gracious to students, especially working students. So they would usually allow installments on the tuition fee, with some added terms. If not, there would always be university scholarships if you happen to be doing well in your studies. There also is the option of student loans for those students who need help in paying for the tuition.
Answer: C. Maturing
Explanation:
The product life cycle has 4 very clearly defined stages, each with its own characteristics that mean different things for business that are trying to manage the life cycle of their particular products. This stages are Introduction, Growth, Maturing and Decline. Although, there are other conventions of this cycle/ Product stages which includes saturation before decline, or development before introduction, but for the sake of COFFMAN'S ELECTRONICS which we are considering, they are at a maturing stage.
Answer:
a. How are price and quantity demanded related?
b. How should the government deal with the next recession?
Explanation:
A positive question is the kind of question the answer of which is simply yes or no. They ask about how one thing is rather than how something should be.
In above question, there are two questions which fall in the category of positive questions because of the way they are formed and what they are asking.
