What should suzie do in the short run to maximize profits

Assignment Help Business Management
Reference no: EM131925720

Suzie's ice cream shop is a competitive firm in Murray and is producing where price equals marginal cost and:

Q = 350

TR = $2450

TC = $3150

AFC = $3

What should Suzie do in the short run to maximize profits?

Reference no: EM131925720

Questions Cloud

What would happen if ystan to the doubling time : What would happen if Ystan to the doubling time if Ystan start going at 15% per year?
Find the deadweight loss : Find the deadweight loss when the monopolists sets one price given the following inverse demand, marginal revenue, and marginal cost functions:
Difference in new media option and traditional media option : Discuss the difference between the new media option (social media) and traditional media option (TV or newspaper) in terms of: Audience Reach (175-200 words).
What advantage economies of scale brought to transportation : Describe the concept of Economies of Scale as it relates to the transportation industry. What advantages has economies of scale brought to transportation?
What should suzie do in the short run to maximize profits : Suzie's ice cream shop is a competitive firm in Murray and is producing where price equals marginal cost and:
Price elasticity of demand : Sweetums Candy Co is a monopolist in suburban Pawnee. Given that the price elasticity of demand is currently -1.25 and the markup
Why should we worry about containing healthcare costs : Why should we worry about containing healthcare costs? Given that medical expenditures create new jobs
Explain what is the economic meaning of a recession : Explain what is the economic meaning of a recession? Develop an essay discussing the fiscal and the monetary policies adopted and implemented by the federal.
How important is vision in business : What's a hostile takeover? What factors determine why and how a hostile takeover is the appropriate strategy for business growth?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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