Advanced Placement (AP), 08.12.2021 04:40 jonestmoney381
Assume that in a perfectly competitive market, a firm's costs and revenue are Marginal cost = average variable cost at $20 and 100 units- Marginal cost = average total cost at $30 and 200 units Marginal cost = average revenue at $25 and 150 units = a. Should this firm produce in the short run? Why or why not? b. How will the firm determine the profit maximizing quantity? What is that quantity? C. What price will the firm charge? Explain how the firm determined this price? d. Does the firm experience economic loss, economic profit, or normal profit in the short run? How do you know?
Answers: 3
Advanced Placement (AP), 23.06.2019 21:50
*i’ll mark you brainliest to whoever answers the fastest with the right answer * if someone runs a red light in front of you, and you choose not to slow down or steer away, you will a. not be at fault if there is a collision b. be partially at fault if there is a collision c. have to appear in court if there is a collision d. probably not be involved in a collision
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Advanced Placement (AP), 23.06.2019 22:00
Amedical center’s rectangular parking lot currently has a length of 30 meters and a width of 20 meters. the center plans to expand both the length and the width of the parking lot by 2x meters. what polynomial in standard form represents the area of the expanded parking lot?
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Advanced Placement (AP), 26.06.2019 22:00
Who is the presiding officer of the senate whenever the vice-president is not present? speaker of the house attorney general secretary of state president pro tempore
Answers: 1
Assume that in a perfectly competitive market, a firm's costs and revenue are Marginal cost = averag...
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