Company is of firewood in market with fixed costs

Assignment Help Business Economics
Reference no: EM138616

Q. Hardwood Cutters presents seasoned as well split fireplace logs to consumers in Toledo, Ohio. The low-cost provider company is of firewood in market with fixed costs of $10,000 per year, plus variable costs of $25 for each cord of firewood. Yearly marginal revenue also demand relations for a company are:

P= $225-$0.125Q
MR=∂TR/∂Q=$225-$0.25Q

A. Compute the profit-maximizing activity level.

B. Compute the company's optimal profit and return-on-sales levels.

Reference no: EM138616

Questions Cloud

Production of steel and other products : Explain why does the profit motive does not automatically avoid air pollution in the production of steel and other products.
What is the new angular speed : What is the velocity of the beam of electrons that go undeflected when passing during perpendicular electric and magnetic fields of magnitude 4700 V/m and 3.6×10-3 T, correspondingly.
Providing entrepreneurial ability : how much are households paid for providing entrepreneurial ability.
Calculate the speed of block at the instant : Calculate the speed of block at the instant the dielectric leaves the capacitor assuming it starts at rest and that the voltage across capacitor after the dielectric is removed is measured to be 200 V.
Company is of firewood in market with fixed costs : Hardwood Cutters presents seasoned as well split fireplace logs to consumers in Toledo, Ohio. The low-cost provider company is of firewood in market with fixed costs.
How much work was completed by the person : A small block with a mass of 0.170 kg is attached to a cord passing through the hole in a frictionless, horizontal surface .The block is initially revolving at a distance of 0.50 m from the hole with a speed of 0.80 m/s. The cord is then pulled from ..
Most risk to the subcontractor : determine which of the risks involved holds the most risk to the subcontractor.
What is the magnitude f of force : A 20 kg block is stacked on top of the 20 kg block. Both blocks are glued together. What is the magnitude F of force, acting horizontally on the two blocks, that is required to make the two blocks start to move.
Assume that the potential across terminals stays constant : The escape speed from a very small asteroid is only 26 m/s. If you throw a rock away from the asteroid at a speed of 39 m/s, what will be its final speed.

Reviews

Write a Review

 

Business Economics Questions & Answers

  Build trust among virtual team members

To build trust among virtual team members, managers should Deep-six the egos

  Calculate the price elasticity of demand

calculate the price elasticity of demand for each product and compare with your teammates' elasticities.

  Calculate the profit maximizing

Calculate the profit maximizing cost per unit if COST MART has an average wholesale cost of $350 as well as incurs marginal selling cost of $100 per unit

  Computers have an elastic demand

Pharmaceutical drugs have an inelastic demand, as well as computers have an elastic demand.

  Mysterious in bovine infertility

Suppose that a mysterious in bovine infertility decreases both the population of dairy cows and the population of beef cattle by 50%.

  Sustainable development is always considered

Steps that a government take to ensure that sustainable development is always considered in assessing which major economic projects or investment proposals to accept

  China has continued to lag in information technologies

China has continued to lag well behind the rest of the world in information technologies

  Federal government ought to manage economy

Discuss the policies that Keynes as well as Hayek supported regarding how federal government ought to manage economy. What are differences between each school of thought.

  Elucidate the actual cost

Elucidate how much the equilibrium quantity of wheat sold. Elucidate the actual cost which is equal to the equilibrium cost.

  Elucidate implicit costs and the business profit

A woman managing a photocopy establishment for $25,000.00 per year decides to open her own duplicating place.

  Cost elasticity for hip replacement surgeries

Assume that health insurance begins to cover hip replacement surgeries that everyone interested in getting a hip replacement has health insurance.

  Mainstream theory of the business cycle

the mainstream theory of the business cycle, is the most common source of reciession: a decrease in aggregate demand, a decrease in aggregate supply, or both.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd