subject
Business, 29.06.2019 04:00 3giez4

Apurely competitive firm finds that the market price for its product is $30.00. it has a fixed cost of $100.00 and a variable cost of $15.00 per unit for the first 50 units and then $35.00 per unit for all successive units. instructions: round your answers to 2 decimal places. a. does price equal or exceed average variable cost for the first 50 units? . what is the average variable cost for the first 50 units? $ .b. does price equal or exceed average variable cost for the first 100 units? . what is the average variable cost for the first 100 units? $ .c. what is the marginal cost per unit for the first 50 units? $ per unit. what is the marginal cost for units 51 and higher? $ per unit. d. for each of the first 50 units, does mr exceed mc? . what about for units 51 and higher? .e. what output level will yield the largest possible profit for this purely competitive firm? units.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:20
Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.
Answers: 1
question
Business, 22.06.2019 00:30
How did lani lazzari show her investors she was a good investment? (site 1)
Answers: 3
question
Business, 22.06.2019 08:40
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
Answers: 3
question
Business, 22.06.2019 11:10
Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?
Answers: 3
You know the right answer?
Apurely competitive firm finds that the market price for its product is $30.00. it has a fixed cost...
Questions
question
Computers and Technology, 13.01.2021 15:20
Questions on the website: 13722367