« previous next »

Author Question: La Bella Pizza is the only pizza place on Pepper Island. The figure above shows La Bella Pizza's ... (Read 231 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jun 29, 2018
La Bella Pizza is the only pizza place on Pepper Island. The figure above shows La Bella Pizza's demand curve, marginal revenue curve, and marginal cost curve. At La Bella Pizza's profit-maximizing output, its annual total revenue is
 
  A) 168,000.
  B) 312,000.
  C) 336,000.
  D) 624,000.

Question 2

Cindy's Sweaters' production function is shown in the above table. Cindy rents two knitting machines for 30 a day each and hires workers at a wage rate of 40 a day. What is the marginal cost of the 19th sweater?
 
  A) 40.00
  B) 20.00
  C) 10.00
  D) 8.00


wshriver

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

A nurse shows empathy to a client. A nurse shows empathy to a client.
Easter Island—an example of Carrying Capacity Overload Easter Island—an example of Carrying Capacity Overload
front muscle figure front muscle figure
The geomagnetic polarity time scale shows how Earth’s magnetic pole has changed through geologic tim The geomagnetic polarity time scale shows how Earth’s magnetic pole has changed through geologic tim
Aggregates are people who happen to be in the same place at the same time. Aggregates are people who happen to be in the same place at the same time.
Adjust drape for abdominal massage, and stand at the side of the table facing the head. Place hands ... Adjust drape for abdominal massage, and stand at the side of the table facing the head. Place hands ...
Video: What are Taste Receptors? How Does it Work? Animation

For a complete list of videos, visit our video library