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Compute the economic profit of
In contrast to a perfectly competitive firm, a monopolist earns:
Question 27 options: A) negative economic profit in the long
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uosagp
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What is the lowest value of economic profit that the firm must earn if it is to keep its resources in the current industry?
do
5 answers
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Tamara
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compute the maximum profit for the profit function P(x)= x^3/3-9/2x^2+8x
2 answers
asked by
dino
621 views
Given the following cost function
P1=210-5Q1 P2=125-1.25Q2 TC=4000+20Q where Q=Q1+Q2 Required a) calculate the profit maximizing
1 answer
asked by
Evaristi H Paulo
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How do you calculate economic profit without knowing the quantity?
Here is the information included in the question I'm trying to
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asked by
kailee
557 views
What is profit in an economic system?
A. Profit is the net change in the value of the economy due to an exchange. B. Profit is
1 answer
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the economic principle that helps ensure that scarce resources are allocated efficiently is ___
the factors of production the
1 answer
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Compute the economic profit of the firm if Sales-10000,material cost-3000,labour cost-2000,Administration cost-1000,own capital
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Anusha
479 views
What is profit in an economic system?(1 point) Responses Profit is the net change in the value of the economy due to an
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asked by
mybootyitch
70 views
the economic principle that helps ensure that scarce resources are allocated efficiently is ___
what is the answer the factors of
1 answer
58 views