Business, 05.08.2020 18:01 Pen350

The producer of a downloadable antivirus software program spends exactly $2,650,000 producing the first copy and incurring various costs required to make the software "user-friendly." The firm can produce and distribute additional copies at a per-unit cost of $2.00. If the company sold as many copies as consumers wished to purchase at a price of $ per copy, it would sell copies. If the company maximizes its economic profits in the short-run, it sells copies at a price of $. Finally, the company earns zero economic profits when it sells copies. A. What are the firm's economic profits (or losses) if it sells 400,000 copies of the antivirus software program at a $2.00 price per copy?
B. What are the maximum economic profits that the firm can earn in the short run?
C. What is marginal revenue when the firm maximizes its short-run economic profits?
D. In the long run, after entry of competing firms, to the nearest dollar, and including the correct sign, what amount of economic profits will this firm earn?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 07:00

For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent

Answers: 3

Answer

Business, 22.06.2019 12:10

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?

Answers: 3

Answer

Business, 22.06.2019 13:30

Over the past year, three of the star salesmen at family resorts international's corporate office have been lured away to competitors. on top of that, karina, the general manager of the sales department, has noticed that most employees come in, do their jobs, and leave. family resorts offers a good salary, benefits, and tuition reimbursement, as well as a number of development and training programs. most employees seem contented enough, but karina would like to do something to increase the level of engagement among her staff. what do you think karina should do?

Answers: 1

Answer

Business, 22.06.2019 16:30

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?

Answers: 3

Answer

You know the right answer?

The producer of a downloadable antivirus software program spends exactly $2,650,000 producing the fi...

Questions