Delilah's Daisies is a flower shop operating in the perfectly competitive flower industry. Delilah's chooses the optimal quantity of bouquets to sell by setting marginal revenue equal to marginal cost, which occurs when the quantity of bouquets is 10. At that quantity, Delila's average variable costs are $3 and average fixed costs are $4. If the price of a boquet is $6, what strategy is both feasible and optimal for Delilah in the short run

Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?