subject
Business, 25.06.2019 09:50 emopandabogard8712

The table below gives price and cost information for a used-book. it competes with a number of similar stores, but it capitalizes on its location and the word-of-mouth reputation of the coffee it serves to its customers. calculate average total costs for the bookstore. (round your answers to the nearest penny.) q book price ($) mr ($) total costs ($) average total costs ($) mc ($) 0 5.50 minus 2.00 minus minus 1 5.25 5.25 4.75 4.75 2.75 2 5.00 4.75 7.75 3.88 3.00 3 4.75 4.25 11.00 3.67 3.25 4 4.50 3.75 14.75 3.69 3.75 5 4.25 3.25 19.00 3.80 4.25 6 4.00 2.75 23.75 3.96 4.75 7 3.75 2.25 29.50 4.21 5.75 illustrate the store's short-run equilibrium. using the point drawing tool, indicate the profit maximizing price and quantity. label this point 'eq'. carefully follow the instructions above, and only draw the required objects. to the nearest cent, what is the store's total profit? $ nothing.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:40
Anew equipment has been proposed by engineers to increase the productivity of a certain manual welding operation. the investment cost is $25,000, and the equipment will have a market value of $5,000 at the end of a study period of five years. increased productivity attributable to the equipment will amount to $10,000 per year after operating costs have been subtracted from the revenue generated by the additional production. if marr is 10%, is investing in this equipment feasible? use annual worth method.
Answers: 3
question
Business, 22.06.2019 13:40
Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:
Answers: 3
question
Business, 22.06.2019 13:40
Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?
Answers: 1
question
Business, 22.06.2019 20:20
Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.
Answers: 3
You know the right answer?
The table below gives price and cost information for a used-book. it competes with a number of simi...
Questions
question
Mathematics, 12.07.2019 08:00
Questions on the website: 13722363