distinguish between the social rate of return and the rate of profit for a cost-minimizing profit maximizing corporation.
Social rate of return is nothing but the return to the society investment in education which also involves opportunity cost of them not participating in any of the production activity all the whole while the rate of profit for a cost minimising profit-maximizing corporation is nothing but the return of obtained on a production acticity for a private entity when it is actually involved under optimal conditions.
distinguish between the social rate of return and the rate of profit for a cost-minimizing profit...
• Distinguish between marginal private cost and marginal social cost • Define marginal damage • Explain why market efficiency is affected in the case of externalities
in class we stated that the profit maximizing (or cost minimizing) combination of capital 00 and labor (L) must satisfy two conditions. What are those two conditions? o a. Maximize output, and minimize cost. b. Maximize output and cost O c. Minimize output, and maximize cost. o d. Minimize output and cost
When a profit-maximizing competitive firm finds itself minimizing losses because it is unable to carn a positive profit this task is accomplished by producing the quantity at which price is equal to a. sunk cost. b. average fixed costc. average variable cost. d. marginal cost
SECTION NAME PRINTLASENAME FIRSTNAM Use the graph below or profit maximizing/ose minimizing perfectly competitive firme answer questions 6 through 10. ATO AVC -MR 6. 91 92 93 94 Quantity At the market-determined price of P2, the profit-maximizing/loss-minimizing level of output is: a. 91 b. 92. c. 93. d. 94. Total cost (TC) at the profit-maximizing/loss-minimizing level of output is given by the area: a. OP fq2. OP4092 b. P2P ac. P, P4af Total fixed cost (TFC) is given by the...
The commitment of scarce resources to capture returns created politically is called Orent seeking cost minimizing logrolling profit maximizing
The profit-maximizing (or loss-minimizing) perfectly competitive firm will want to produce the quantity of output at which the difference between MR and MC is greatest, DO you agree or disagree with this statement? Explain your answer, Would be greatly appreciated answered in 5sentences by your own, not copy and pasted please.
1. True or False: Maximizing output for a given cost is the same as minimizing costs for a given output. Explain your answer. 2. True or False: According to the most recent studies on hospital efficiency, for-profit hospitals appear more efficient than non-profit hospitals. Explain your answer.
Distinguish between earned revenue and contributions. (NON PROFIT ORG)
Distinguish between social and behavioral epidemiology. Formulate a hypothetical cohort study of the relationship between stressful life events and adverse mental health outcomes. Be sure to include the impact of positive and negative life events.
Consider the graph above. If this company produces at the profit
maximizing/loss minimizing level of output, it will experience
_____ and should _____.
economic profit, continue doing business
economic profit, shut down
zero economic profit, continue doing business
zero economic profit, shut down
economic loss, continue doing business
economic loss, shut down
$70 $65 $60 $55 $50 $45 $40 $35 $30 $25 $20 $15 $10 $5 ATC MiC AVC MR 0 1 2 3 4 5 6 7 8 9...