Business, 27.06.2019 11:50 jesussanchez1445
Ron’s window washing service is a small business that operates in the perfectly competitive residential window washing industry in evanston, illinois. the short-run total cost of production is stc(q) = 40+ 10q + 0.1q2, where q is the number of windows washed per day. the corresponding short-run marginal cost function is smc(q) = 10 + 0.2q. the prevailing market price is $20 per window. a) how many windows should ron wash to maximize profit? b) what is ron’s maximum daily profit? c) graph smc, sac, and the profit-maximizing quantity. on this graph, indicate the maximum daily profit. d) what is ron’s short-run supply curve, assuming that all of the $40 per day fixed costs are sunk? e) what is ron’s short-run supply curve, assuming that if he produces zero output, he can rent or sell his fixed assets and therefore avoid all his fixed costs?
Answers: 2
Business, 22.06.2019 19:00
When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.
Answers: 2
Business, 22.06.2019 22:00
As a general rule, when accountants calculate profit they account for explicit costs but usually ignorea. certain outlays of money by the firm.b. implicit costs.c. operating costs.d. fixed costs.
Answers: 2
Business, 22.06.2019 23:00
Which of the following is true of website content? it should be refreshed periodically to keep customers coming back. once the content has been written and proofread it shouldn't be changed. grammatical errors are not a problem because the customer visits the site to purchase a product, not check the site's grammar. it should be limited to text and shouldn't include multimedia.
Answers: 1
Business, 23.06.2019 01:30
You need $87,000 in 12 years. required: if you can earn .54 percent per month, how much will you have to deposit today?
Answers: 2
Ron’s window washing service is a small business that operates in the perfectly competitive resident...
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