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The revenue and cost equations
A company knows that unit cost C and unit revenue R from the production and sale of x units are related by R^2/236000+5507 .
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theo
1,132 views
When a firm is producing at the level of output that maximizes profit, which of the following is true?(1 point) Responses:
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asked by
Cindy Loo Who
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Yeah, so I'm in urgent need of help with this homework.
1. Assume that in a perfectly competitive market, a firm's costs and
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Jon
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When a firm is producing at the level of output that maximizes profit, which of the following true? (1 point)
A.• Marginal cost
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When a firm is producing at the level of output that maximizes profit, which of the following is true?
a. Marginal revenue is
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What is marginal cost?
the cost of producing one more unit of a good total revenue plus total cost total revenue minus total cost
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Which of the following formulas is correct?
Marginal revenue = Δ TR + Δ Q Marginal cost = Δ TC / Δ Q Average revenue = Total
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Dontillia
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The monthly revenue achieved by selling x wristwatches is figured to be x(40-0.2x)dollars. The wholesale cost of each watch is
4 answers
asked by
Bob Dylan
1,846 views
Johnny Rockabilly has just finished recording his latest CD. The company can produce the CD with no fixed cost and a variable
2 answers
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Anonymous
1,897 views
In a short run when does a firm operating in a perfectly competitive market earn supernormal profit.
A. When the average revenue
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49 views