« previous next »

Author Question: Refer to Figure 12-1. If the firm is producing 200 units A) it should increase its output to ... (Read 52 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
Refer to Figure 12-1. If the firm is producing 200 units
 
  A) it should increase its output to maximize profit. B) it is making a loss.
  C) it breaks even. D) it should cut back its output to maximize profit.

Question 2

Refer to Table 13-2. What is the output (Q) that maximizes profit and what is the price (P) charged?
 
  A) P = 55; Q = 5 cases B) P = 50; Q = 6 cases
  C) P = 45; Q = 7 cases D) P = 40; Q = 8 cases


vickybb89

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jun 29, 2018
Thank you


vickybb89

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Galaxies Forming by Combining Smaller Units Galaxies Forming by Combining Smaller Units
A peroxidation reaction involving a fatty acid is depicted in the figure below. A peroxidation reaction involving a fatty acid is depicted in the figure below.
Apply scissoring between metatarsals and figure-8s on toe joints to mobilize the foot. Apply scissoring between metatarsals and figure-8s on toe joints to mobilize the foot.
Repeating Units of DNA and RNA Repeating Units of DNA and RNA
Skin color is a polygenic trait controlled by three or four genes, producing a wide range of phenoty Skin color is a polygenic trait controlled by three or four genes, producing a wide range of phenoty
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
Video: The Vestibular System

For a complete list of videos, visit our video library