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A business owner used a revenue function and a cost function to analyze his monthly sales. One month he found that with a sales volume of 600 items he had revenues of $10,200. Another month he had total costs of $4,700 on a sales volume of 400 items. He also finds that the break-even point is 50 items. a. Find the revenue function. b. Find the cost function. Explain step by step
write a six to eight 6-8 page paper in which you1.describe the project scope and project management plan. align your
Is the economy experiencing inflation?
Does the Food and Drug Administration, or any other agency that regulates health, operate in the interest of the public, in the interest of the people who work there, or for the special-interest lobbies?
Explain the differences between external costs, private costs, and social costs and how the presence of external costs leads to market failure.
When someone owns an asset (such as a stock) that rises in value, he has an "accrued" capital gain. If he sells the asset, he "realizes" the gains that have previously accrued. Under the U.S. income tax, realized capital gains are taxed, but accru..
a small tractor producing firms total cost and demand equations are as followsc 37500000 5000q 1.5q2p 30000 - qa.
An individual competitive firm’s short-run supply curve is the portion of its marginal cost curve that equals or rises above the average variable cost. Describe why
kaiser.s almon plant can produce k tons of aluminumyear. a ton of aluminum requires e megawatt hours of electricity.
Diamond makes an argument that all stratified societies employ one (or a combination) of four means to enable and justify the distribution of the social surplus. From the readings, discuss feudal stratification and how it was enabled and justified..
Explain how country A with comparative advantage in boot making and country B with comparative advantage in wine making can gain from trade with each other. Include in your explanation from where the gains are coming.
Explain why quality became the most important issue facing American business in the 1980s. In addition to economic competition from Japan, what other factors may have contributed to the importance that quality has assumed?
Which the vaccine reduces the probability of catching the disease (what is usually reported in the press), or the absolute amount.
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