Continue to produce pass the optimal point

Assignment Help Business Economics
Reference no: EM131638463

We say that MR= MC is the optimal point, beyond that there may still be profits, but it would not be optimal. Why would a firm, then want to continue to produce pass the optimal point?

Reference no: EM131638463

Questions Cloud

What is the most compelling part of his argument : Does his argument make sense? What is the most compelling part of his argument? What is the least compelling?
Is association between the variables positive or negative : Is the association between these variables positive or negative? Explain why you expect the relationship to have this direction.
How could a community health nurse help meet this objective : How could a community health nurse help meet this objective, Faith-based or parish nursing
What is the rhythm that dominates the musical : What is the melody (plot) or (theme) of the film? What is the rhythm that dominates this musical? What is the harmony (voices and instruments)?
Continue to produce pass the optimal point : Why would a firm, then want to continue to produce pass the optimal point?
Calculate the expected value of the lottery : Calculate the expected value of the lottery, assume risk neutrality. Should a risk neutral player purchase a ticket?
Make a scatterplot of the data for the female subjects : Make a scatterplot of the data for the female subjects. Which is the explanatory variable?
Compare and contrast the issues : From www.whitehouse.gov compare and contrast the issues discussed in two briefings you selected.
What are job-order costing and process costing : What are Job-order costing and Process costing? Please describe what types of companies would use each type of costing

Reviews

Write a Review

Business Economics Questions & Answers

  Couple is purchasing a new sport utility vehicle

A young couple is purchasing a new sport utility vehicle. The price of the new vehicle is $28,300, sales tax is 7.5%, title and registration will cost $105. The dealer is offering a special finance rate of 1.9% APR for 36 months (compounded monthly)...

  What will happen in the market for personal computers

what will happen in the market for personal computers? How will the equilibrium price and equilibrium quantity of personal computers change?

  The largest component of total spending

The largest component of total spending is

  Super neutrality and changes in money growth

Consider the basic flexible-price, market-clearing model (which satisfies the Classical Dichotomy) in which r and Y are constant as long as there are no shocks to preferences or technology. Show the money-market clearing condition which determines th..

  Illustrate probability first electric toothbrush sold

Illustrate what is probability first two electric toothbrushes sold will be returned to drugstore because y are defective. Explain how all work, formula and answer.

  Show that risk-neutral person would prefer

Show that a risk-neutral person would prefer a 0.8 chance of winning 4,000 to a sure payment of 3,000, and that the same person would prefer a 0.2 chance of winning 4,000 to a 0.25 chance of winning 3,000.

  Standard monopoly profits maximizing model

Some firms with monopoly power are more focused on market share, size and influence in the economy. This is particularly true if there is a tendency for ownership (stockholders) and control (managers) to be separated.

  What is equilibrium wage and employment level

In a particular industry, labor supply is Es = 10 + w and labor demand is Ed = 40 – 4w, where E is the level of employment and w is the hourly wage. What is the equilibrium wage and the employment level if the labor market is competitive? What is the..

  Packaged foods that are substitutes for fresh foods

Heinz makes most of its money from ketchup and? prepared, packaged foods that are substitutes for fresh foods. Revenue tends to be low in the second quarter?(May, June, and? July). Can you provide a possible reason for this? pattern?

  Outline for the investors which form of organization

Outline for the investors which form of organization (from the list of six under the first bullet) would be the least suited and why?

  Discuss some of the possible scenarios of market exit

If you were boarded on an airplane that had already started taxing for takeoff when the plane suddenly stopped and turned around and the passengers were told to exit immediately because the airplane had gone out of business, and they were left str..

  No haggle sales policy

You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your “No Haggle” sales policy. Last year, your dealership earned record profits of $1.5 million. In your market, you compete against two other deal..

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