![subject](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 28.09.2021 23:50 youngg52
Profit is equal to revenue minus cost, where revenue equals price times quantity of output, while cost equals the wage rate times employment (assuming wages are the only cost of production). Assume that, on average, each firm produces 100 units of output a day, employs 90 workers, and pays a wage of $100 a day. a) As the price of output rises from $80 to $90, $100, $110, and $120, show how the profitability of firms? changes. b) At which of these price levels will firms have an incentive to raise or lower output? c) From these observations, construct an aggregate supply curve
![ansver](/tpl/images/cats/User.png)
Answers: 3
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Social Studies
![image](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 22.06.2019 07:30, loganlatimer2001
Which of the following was a result of the political debates over the whiskey rebellion?
Answers: 1
![image](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 22.06.2019 19:30, fernandoluvsmom
The federal crescent is shaped like what letter
Answers: 1
![image](/tpl/images/cats/obshestvoznanie.png)
![image](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 22.06.2019 23:30, jokihahorton510
Astudent receives a pell grant based on the_.a. satb. nasac. fafsad. act
Answers: 1
You know the right answer?
Profit is equal to revenue minus cost, where revenue equals price times quantity of output, while co...
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 04.11.2020 02:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 04.11.2020 02:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 04.11.2020 02:30
![Konu](/tpl/images/cats/mkx.png)
Arts, 04.11.2020 02:30
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/geografiya.png)
Geography, 04.11.2020 02:30
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/en.png)
English, 04.11.2020 02:30