In order to maximize profit in the short run; Company is to continue operating at that output level in the short term, since total revenue will cover all of the firm's variable costs and some of its fixed costs.
<h3>How to maximize profit?</h3>
Every firm in the market operates with the primary aim of making profit, which is different from the government that has a primary aim of creating welfare for the people. Thus, a profit-maximizing level of output is determined at the point where marginal revenue (MR) equals marginal cost (MC).
Finally, In order to maximize profit in the short run what the company should do is to continue operating at that output level in the short term, since total revenue will cover all of the firm's variable costs and some of its fixed costs.
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The time guests should arrive for the 9 am opening is 8:30am.
<h3>What time should guests start arriving?</h3>
When guests are expected at an event, best practice is to arrive 15 minutes before the opening time. If 30 minutes is subtracted from 9am it is 8:30 am.
If guests aim to arrive at exactly at 9am, it is likely that they would not be at the opening on time.
Here are the options to this question: A. 1 a.m. B. 9 a.m. C. 6 a.m. D. 8:30 a.m.
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To turn left from a one-way street onto a one-way street, a driver should use: the lane closest to the left curb.
<h3>What is a traffic signal?</h3>
A traffic signal is a sign that is erected beside or above roads by a road safety agency, so as to give warnings and instructions to road users such as:
At some intersections, a driver should use the lane that is closest to the left curb when turning left from a one-way street onto a one-way street.
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Answer:
Which statement best describes the relationship between an allele and a gene? An allele is a variation of a gene that can be expressed as a phenotype. New technologies enable oils to be extracted from plants to make renewable biodiesel fuel.
Explanation: