Business, 16.12.2019 23:31 sasha3893

Afirm faces the following average revenue (demand) curve: p = 130 - 0.02q

where q is weekly production and p is price, measured in cents per unit. the firm's cost function is given by c = 60q + 22,000

assume that the firm maximizes profits.

a. what is the level of production, price, and total profit per week? (round all responses to two decimal places.)

the equilibrium quantity is units, the price is cents, and the total profit is $__ per week.

b. if the government decides to levy a tax of 14 cents per unit of this product, what will be the new level of production, price, and profit?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 18:20

Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.

Answers: 3

Answer

Business, 22.06.2019 20:00

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)

Answers: 3

Answer

Business, 22.06.2019 23:30

Part 1: interview at least three different people you know that fall within three age ranges (25-35), (36-50), and (51-70) year of age. ask each person you interview if they have life insurance (term, whole life etc.) and health insurance. ask what factors influenced their decision to buy or not the insurance coverage? report your findings to this assignment. specify who the people were that you spoke with.\

Answers: 3

Answer

Business, 23.06.2019 00:30

Anational survey asked people, "how often do you eat out for dinner, instead of at home? " the frequencies were as follows.

Answers: 2

Answer

You know the right answer?

Afirm faces the following average revenue (demand) curve: p = 130 - 0.02q

where q is we...

Questions