Business, 08.04.2020 00:49 hilarydodard5138
Uppose that a competitive firm's marginal cost of producing output q (MC) is given by MC (q )equals6plus2q. Assume that the market price (P) of the firm's product is $15. What level of output (q) will the firm produce? The firm will produce 4.5 units of output. (Enter your response rounded to two decimal places.) What is the firm's producer surplus? Producer surplus (PS) is $ 20.25. (Enter your response rounded to two decimal places.) Suppose that the average variable cost of the firm (AVC) is given by AVC (q )equals6plus1q. Suppose that the firm's fixed costs (FC) are known to be $20. Will the firm be earning a positive, negative, or zero profit in the short run? In the short run, the firm's profit will be positive zero positive negative .
Answers: 1
Business, 22.06.2019 09:40, watervliet2586
The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a. standard deductionb. itemized deductionc. personal exemptiond. none of these. all of these are from agi deductions
Answers: 3
Business, 22.06.2019 11:30, Coltong121
Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer
Answers: 3
Business, 22.06.2019 12:10, ghari112345
In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a. no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative. b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child. c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative. d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.
Answers: 2
Uppose that a competitive firm's marginal cost of producing output q (MC) is given by MC (q )equals6...
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