This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed cost of ... (Read 88 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
on: May 24, 2019
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed cost of $25,000, average variable cost for 1,000 service calls is $45, and marginal revenue is $75. Juan's makes 1,000 service calls a month. What is his economic profit?
◦ $5,000
◦ $25,000
◦ $45,000
◦ $75,000
◦ $50,000
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by LCritchfi on May 24, 2019

lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 30% of students answer this correctly


LCritchfi

  • Hero Member
  • *****
  • Posts: 519
Reply #2 on: May 24, 2019
Thank you!


lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: May 24, 2019
Always glad to help...


« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Total body water (TBW) Total body water (TBW)
Tag identify that the power has been removed and service work is being done. Tag identify that the power has been removed and service work is being done.
Computer Literacy for IC3, Unit 2: Using Productivity Software, Update to Office 2013 & Windows ... Computer Literacy for IC3, Unit 2: Using Productivity Software, Update to Office 2013 & Windows ...
Pharmaceutical Company Representatives Pharmaceutical Company Representatives
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
Video: Summary of glucose catabolism

For a complete list of videos, visit our video library