User Account

All Pages

Firm producing the profit-maximizing level

Assignment Help Business Management
Reference no: EM132283767

Assume that the market determined price is $10 in a perfectly competitive industry. A firm is currently producing 100 units of output. Average total cost is $8 while marginal cost is $8 and average variable cost is $6. Is the firm producing the profit-maximizing level of output? Why or why not? If not, what should the firm do?

Reference no: EM132283767

Questions Cloud

Discuss the unemployment rate by gender : Discuss the unemployment rate by gender. Provide an overview of its trend and use facts to highlight the major changes in its trend and current status
Compare the benefits of growing gm seeds : Compare the benefits of growing GM seeds for crops with the potential negative consequences of using them?
Cramer rule to solve for the equilibrium values : Use the Cramer's rule to solve for the equilibrium values of x1,x2 and x3 in the system of equations
What limitations are present when implementing cryptography : Describe a situation when it might be ideal to define security requirements to align with a wicked environment. What limitations or constraints are present.
Firm producing the profit-maximizing level : Is the firm producing the profit-maximizing level of output? Why or why not? If not, what should the firm do?
Shortening the term of the debt : One year bonds are paying a rate of return of 2%, while two year bonds are paying a rate of 4%. The US government issues 2-year bonds to borrow.
How does this strength affect the operations of organization : How does knowledge of this weakness assist the organization in meeting the needs of its target market(s)?
Increase in money supply per person : Suppose the fed wants to reduce the interest rate to 2%. How much of an increase in money supply per person is necessary to do so?
What other affect has it had on society as a whole : Describe the actions of people and organizational leaders directly and indirectly involved with the tragedy. Specifically, address the ethical issues they faced

Reviews

Write a Review

Business Management Questions & Answers

  Define success- what it means to you

1. Define success- what it means to you. 2. Define / explain 3 different concepts you learned in the course.

  Types of conflict in the workplace

Let's take a look at some other types of conflict in the workplace. Workplace violence by some is considered a conflict and others classify it as workplace violence.

  How much working capital is the correct amount

Are there any measurements of how much working capital is the 'correct' amount? Any ratios we can look at?

  Information security engineer for a large

You have just been hired as an Information Security Engineer for a large, multi-international corporation. Unfortunately, your company has suffered multiple.

  Leadership continuum and the leadership grid

Summarize your understanding of the following topics: Leadership styles in the leadership continuum and the leadership grid. How to select the best leadership style.

  Employee noticeboards and contained in policy

It is intended that the flow chart will be placed on employee noticeboards and contained in policy and procedure manuals.

  Characteristics of the original eight elements

characteristics of the original eight elements in your descriptions and reasoning

  Explain in detail the different types of partnerships

Public health partnerships are an important tool for stretching limited resources. Using the literature and information found in this course,

  Referendum to exit the european union

Using the economic knowledge gained in the course what do you believe are the consequences of such decision for the future of the European Union?

  Physical piece of mail a payment

Read Soldau v. Organon. Imagine instead of a physical piece of mail a payment was sent by electronic funds that had to be accessed

  Discover the hypothetical business childcare center

Continue to discover the hypothetical business 24hr childcare center you created in Week Four. You have set up a booth at the local job fair to produce interest in your new company and search for prospective employees

  Problems that take place due to the failure of financial

The problems that take place due to the failure of financial institutions to obtain as well as retain notes and mortgages, leading to the incapability of financial institutions to foreclose on property as well as even worse leading to financial in..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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