Home / Questions / Which of the following represents the correct formulas for Pand MR in terms of Select one a
Which of the following represents the correct formulas for Pand MR in terms of Q? Select one: a. P=100-0.5Q ; MR=100-Q b. P=100-0.5Q2 ; MR=100Q-Q c. P=100+0.5Q ; MR=100-0.5Q d. P=0.5-100Q ; MR=-1+100Q Question 2 Not yet answered Marked out of 1.00 Flag question Question text Which of the following equations is correct, based on the data above? Select one: a. ATC=0.0015Q-0.1+1000Q b. MC=0.0045Q2-0.2Q+21.95 c. ATC=0.0015Q3-0.1Q2+21.95Q+1000 d. AVC=0.0015Q3-0.1Q2+21.95Q+1000Q Question 3 Not yet answered Marked out of 1.00 Flag question Question text The profit-maximizing quantity occurs at _______ and the profit-maximizing price occurs at _________. (Since MC is in terms of Q2, solving with calculus and algebra can be messy. Your table should give an exact answer.) Select one: a. Q=70; P=$65 b. Q=55; P=$90 c. Q=50; P=$75 d. Q=60; P=$70 Question 4 Not yet answered Marked out of 1.00 Flag question Question text How much total profit would your firm earn if you set P and Qat their profit-maximizing levels? Select one: a. $2,014 b. $-552 c. $1,487 d. $1,989 Question 5 Not yet answered Marked out of 1.00 Flag question Question text Describe the competitiveness of the market by calculating the Lerner index. Select one: a. 34.7% b. 48.0% c. 53.8% d. 44.9%
May 26 2020 View more View Less
You need to make an aqueous solution of 0.202 M barium iodide for an experiment in lab, using a 250 ml volumetrie flask. How much solid barium iodide should you add?
May 20 2021Arrange six departments into a 2 X 3 grid so that these conditions are satisfied: 1 close to 2, 5 close to 2 and 6, 2 close to 5, and 3 not close to 1 or 2.10. Using the ...
Aug 06 2020Maria Alvarez is investing $300,000 in a fund that earns 8% interest compounded annually. What equal amounts can Maria withdraw at the end of each of the next 20 years?Vi...
May 22 2020The first solid food to be added to the baby’s diet between four and eight months of age should bea.strained fruit.b.strained green vegetables (for instance, spinach).c....
Dec 12 2019You are the centerfielder of the New York Yankees. It is the bottom of the ninth inning of the seventh game of the World Series. The Yanks lead by 2 with 2 outs and men o...
Jun 22 2020Kent Weitz wishes to assess whether the following investments are satisfactory. Use his required return (discount rate) of 17% to evaluate each investment. Make an invest...
Nov 23 2019Acme Inc. and Beamer Company exchanged business real property. Acme's realty had a $240,000 FMV and $117,300 adjusted tax basis, and Beamer's realty had a $225,000 FMV an...
Jun 25 20219. Which of the following steps in the acquisition of goods and services occurs last? a. Appropriation. b. Expenditure. c. Disbursement. d. Encumbrance.10. When supplies ...
Jun 29 2021How proximity of supply chain partners could affect the SCOR model ?
May 19 2018Derive the stiffness matrix for a beam element with a nodal linkage—that is, the shear is 0 at node i, but the usual shear and moment resistance are present at node j (se...
Aug 01 2020