Business, 19.11.2020 03:10 hdjsjfjruejchhehd
Practice problem 10A
You can sell as much of any product you want at $82. Your TCE (Total cost Equation)
is: TC = 196 +20 + 40
a) What are your fixed costs?
b) What is the profit maximizing level of output?
c) How much profit is the firm making at the profit-maximizing level?
d) Select true or false for following problem: in this situation, the profit-maximizing level
of output is also the level of output that minimizes average cost.
Answers: 2
Business, 21.06.2019 19:40
Policymakers are provided data about the private and social benefits of a good being sold in the market. quantity private mb ($) social mb ($) 6 6 9 7 4 7 8 2 5 9 0 3 what is the size of the externality? if the externality is positive, enter a positive number. if negative, make it a negative number. $ given this data, policymakers must decide whether to address the associated externality with a subsidy or a tax. as their economic consultant, which of the two policy tools would you recommend? a subsidy a tax
Answers: 2
Business, 22.06.2019 05:20
142"what is the value of n? soefon11402bebe99918+19: 00esseeshop60-990 0esle
Answers: 1
Business, 22.06.2019 10:00
Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.
Answers: 1
Practice problem 10A
You can sell as much of any product you want at $82. Your TCE (Total cost Equa...
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