Brody's firm produces trumpets in a perfectly competitive market. The table below shows Brody's total variable cl He has a fixed cost of $240, and the price per trumpet is $50. Total Variable Cost Quantity 6 7 8 $120 $145 $165 $220 10 $290 11 $390
a. Calculate the average total cost of producing 8 trumpets. Show your work.
b. Calculate the marginal cost of producing the 10th trumpet.
c. What is Brody's profit-maximizing quantity? Use marginal analysis to explain your answer.
d. At the profit-maximizing quantity you determined in part (C), calculate Brody's profit or loss. Show your work.
e. Brody also produces saxophones at a profit in a perfectly competitive market. Draw a correctly labeled gra for Brody's firm showing the following at a market price of $200.
i Brody's profit-maximizing quantity of saxophones
ii. Brody's loss, completely shaded

When selecting stock, some financial experts recommend to look at the opening price go with what you know examine the day’s range, earnings per share, and p/e ratio divide the dividend by the asking price

Balance sheet the assets of dallas & associates consist entirely of current assets and net plant and equipment. the firm has total assets of $2 5 million and net plant and equipment equals $2 million. it has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1 5 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. a. what is the company's total debt? b. what is the amount of total liabilities and equity that appears on the firm's balance sheet? c. what is the balance of current assets on the firm's balance sheet? d. what is the balance of current liabilities on the firm's balance sheet? e. what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] f. what is the firm's net working capital? g. what is the firm's net operating working capital? h. what is the explanation for the difference in your answers to parts f and g?

An upper-middle-class manager tends to have hostile relationship with the working-class employees in the firm because of his tendency to perceive himself as superior to them based on his class background. in this example, the manager exhibits: question 14 options: 1) class consciousness. 2) cultural awareness. 3) social mobility. 4) group orientation.