Why does a firm increase Q when MR > MC ?
Question:
Why does a firm increase Q when MR > MC ?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Because the f...View the full answer
Answered By
RADHIKA MEENAKAR
I am a qualified indian Company Secretary along with Masters in finance with over 6 plus years of professional experience. Apart from this i am a certified accounts and finance tutor on many online platforms.
My Linkedin profile link is here https://www.linkedin.com/in/radhika-meenakar-88b9808a/
5.00+
12+ Reviews
22+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Each scenario below provides the price and output level at which a single-price monopolist is currently operating. In each case, determine the firms profit per unit, the firms total profit, and...
-
An oligopolistic industry has two sets of demand curves. If firm 1 is the only one that changes price while the other are constant, its demand curve is: Q = 82 8P (1) and MR = 10.25 - 0.25Q. On the...
-
1. In the short-run, there are three stages of production. Identify or define each of these and then discuss why a Manager would never knowingly produce in either Stage I or Stage III. 2. Suppose you...
-
2. An analog baseband signal of bandwidth 125 kHz is quantized using a -law quantizer with -200. The signal is then sampled at a rate 3 times its Nyquist rate. The resulting data rate of the...
-
Describe the various methods for establishing ethical standards. Which is most meaningful to you? Why?
-
The spot price of this share will be determined by your student number. You need to use the last digit of your student number. The spot price of the share will be (last digit of your student...
-
Which of the following describes an IASB requirement that the FASB has adopted as part of the short-term convergence project? LO4 a. Following the IASB format for presentation of a statement of...
-
Pup Noir, a private investigation firm, investigated 90 cases in December and had the following costs: direct labor, $190 per case; and service overhead of $20,840. Service overhead for October was...
-
When the bank extends the credit facility, is it more risky to finance imports or exports and why?
-
What will a firm lose if it shuts down in the short run? When can it reduce this loss by producing? Why is the firm better off producing rather than shutting down when AVC < P < ATC ?
-
Consider the cost curves of a trucking firm. a. Suppose there is an increase in the price of diesel. How will each of these cost curves shift up (if they shift at all): MC, ATC, AVC, AFC? b. Suppose...
-
Identify the initial and ongoing expenses related to the BCM program.
-
1. List at least three (3) ways a business can anticipate potential problems to prevent complaints. 2. Explain how to identify customer needs and expectations. 3. List at least five (5) ways to build...
-
you have taken over a company with 4 employees and you have 1 millon dollars with you.as business management student,you are expected to take 5 business decisions ensuring that the company is able to...
-
Draw the Diamond - E ( SERVO ) model of strategic management and provide ONE WORD ( or short phrase ) that best describes the relationships between the elements of the model. ( up to 1 0 points )
-
If a patient's X-ray is rejected (at the end of the 22-minute evaluation by the doctor), she has a second X-ray taken (assume that the second X-ray will always be accepted) and this new X-ray must be...
-
What are the cognitive appraisal processes involved in stress perception, and how can cognitive-behavioral techniques such as cognitive restructuring and mindfulness-based interventions help...
-
The Fresnel function S was defined in Example 3 and graphed in Figures 7 and 8. (a) At what values of does this function have local maximum values? (b) On what intervals is the function concave...
-
Find the velocity, acceleration, and speed of a particle with the given position function. r(t) = (t 2 , sin t - t cos t, cos t + t sin t), t > 0
-
1. Do you think a temporary executive may be an effective leader? What types of skills should this person have to inspire and motivate subordinates? 2. Make a list of challenges a temporary executive...
-
In Section 4.8 we considered Newton's method for approximating a root r of the equation f(x) = 0, and from an initial approximation we obtained successive approximations x2, x3, ...., where Use...
-
This problem will enable you to apply a revealed preference argument to see if a firm is minimizing the total cost of production. The firm produces output with a technology characterized by a...
-
Management makes many judgements and estimates in preparing accounts, some of which will have a significant effect on the reported results and financial position. Give examples of ZAIN estimates and...
-
What is the NPV of a project with an initial investment of $350,000 and annual cash inflows of $150,000 for the next 10 years? Cost of capital is 13% A $436,721.21 B $442,901.59 C $452,932.43 D...
-
Journal DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Joumalize the entries for the following transactions. Refer to the Chart of Accounts for exact wording of...
Study smarter with the SolutionInn App