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The profit for Q=7 cannot be found because corresponding values of MC and MR not given.
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Please explain step by step how you arrived at the answer Paragraph Styles Editing Voice The...
X x As Styles Editing Dictate Nili A v Aav А А T Font Paragraph Styles Voice Q5. Consider the following code to answer the question below.5marks 1. public class Person 2. " 3. public string Brate, DDate, Country: private string firstnamez 5. private string lastname: 6. public Person(string birth, string fname, 7. string Iname, string ctry) 8. 9. BRate = birth; 10. Country = stre 11. firstname = $name: 12. lastname Iname: 13. I 14. } } ListBox Istpersons=new...
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Styles 14. The Vague Fabric Company sells cotton fabric in a perfectly competitive market at a price of $4 per yard. Its marginal cost, average variable cost, and average total cost curves can be seen below. price MC ATC d=MR AVC Find the profit-maximizing level of output and mark it q* Shade in the area of profit earned by the firm. Is it positive or negative? How do you know? 15. The Binkle Binder...
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1 Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle A select Copy Format Painter board BIUX, X' A... E... Fom Paragraph Styles Editing 16. At March 1, 2020, COBM Co. reported stockholders' equity of $175,000. During the month, COBM Co. generated revenues of $40,000, incurred expenses of $17,500, purchased a computer for $3,000 and paid dividends of $3,500. What is the amount...
Can you explain in detail how you got how much earned per
item.
Price N . MC ATC AVC M 4 4 MR 3 3 MR 2 MK1 1 0 12 13 14 10 16 Quantity Answer questions based on the graph for a perfectly competitive firm. units and earn 1. If market price for product is $4, the firm will produce Jitem or a total profit of units and earn 2. If market price for product is $3, the...
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9. A 0.04-kg ball is thrown from the top of a 30-m tall building (point A) at an unknown angle above the horizontal. As shown in the figure, the ball attains a maximum height of 10 m above the top of the building before striking the ground at point B. If air resistance is negligible, what is the value of the kinetic energy of the ball at...
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a) Because of my heavy teaching load this term, I did not have time to finish the table below, which relates output and cost. Please do it for me. The marginal cost figures refer to the marginal cost of moving from the previous unit to the unit of the row specified. Quantity Total Fixed Variable AverageAverageAverage Marginal (Q) Cost Cost Cost Cost Fixed Cost Variable Cost (TC)...
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Number 8 is suppose to say
revenue not review. **
7) What is the defining characteristic of pure/perfect competition? What does this mean for an individual firm's and consumer's ability to impact prices? 8) What does marginal review equal at the profit-maximizing output in perfect competition? 9) What is larger: producer surplus or profit? Why? 10 From the firm supply curves, find the market supply Price Firm 2 Firm...
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d) Consider a perfectly competitive market with a market demand curve that is given by the equation P 2000-2. A representative firm in this market has a total cost curve given by the equation TC 121 64q+ and a marginal cost curve given by MC- 642g. O is the market quantity and q is the firm quantity. Suppose the short-run price (P) in this market is S100 i) What...
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IUX, X Aay.A. EZ 9... 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Font 23. Paragraph Styles The following items are taken from the financial statements of the Postal Service for the year ending December 31, 2020: Accounts payable $. 18.000 Accounts receivable 11,000 Accumulated depreciation - equipment 28,000 Advertising expense 21,000 Cash 15,000 Common stock 42,000 Dividends 14,000 Depreciation expense...
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AaBoCCL тавьсс на врс АавbccL Нар Аавьс 1 No Spac... Heading 1 Heading 2 Title Subtitle U abe x, x' Aay.A. 1 Normal Font F Paragraph Styles 24. The following items are taken from the financial statements of the Postal Service for the year ending December 31, 2020: Accounts payable $ 18,000 Accounts receivable 11,000 Accumulated depreciation - equipment 28,000 Advertising expense 21,000 Cash...