Business, 12.12.2020 16:20 jessnolonger
Q1. A firm has analyzed its operating conditions and has developed the following functions
Total Revenue = -10q2 + 2004
Total Cost = q? - 20q +1000
Where 9 is the number of units produced and sold
Determine the value of 9 that:-
11.
Maximizes revenue and hence the Maximum Revenue
Minimizes Cost and hence the Minimum Cost
Maximizes profit and hence the Maximum Profit.
Answers: 2
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Which of the following are considered needs? check all that apply
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Business, 22.06.2019 14:20
Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest
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Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form
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Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.
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Q1. A firm has analyzed its operating conditions and has developed the following functions
Total Re...
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