Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 13, 2024

answer question 9. Refer to Figure 16-2. If the average variable cost is $24 at the profit-maximizing quantity, and if the firm's fixed costs amount

answer question 9. Refer to Figure 16-2.If the average variable cost is $24 at the profit-maximizing quantity, and if the firm's fixed costs amount to $60, then the firm's maximum profit is

a.$196.

b.$-60.

c.$288.

d.$228.

o Rsultats de recherche - x \\

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using R For Econometrics

Authors: Florian Heiss

1st Edition

1523285133, 9781523285136

More Books

Students also viewed these Economics questions

Question

★★★★★

How might having a clear, written mission statement benefit a small organization? Write a brief mission statement for a local business with which you are familiar.

Answered: 1 week ago

Question

★★★★★

Th e fi rst objective in a group discussion is to: (a) catch the groups attention (b) prove your superiority (c) create sub-groups (d) act as a self-appointed leader of the group

Answered: 1 week ago

Question

★★★★★

How does a traditional adversarial relationship with suppliers change when a firm makes a decision to move to a few suppliers?

Answered: 1 week ago

Question

★★★★★

answer question 9. Refer to Figure 16-2. If the average variable cost is $24 at the profit-maximizing quantity, and if the firm's fixed costs amount to $60, then the firm's maximum profit is a. $196....

Answered: 1 week ago

Question

★★★★★

A company provided the following direct materials cost information. Compute the cost variance. Standard costs assigned: Direct materials standard cost (405,000 units @ $2/unit) $810,000 Actual costs:...

Answered: 1 week ago

Question

★★★★★

Students should immediately note that these business units have pooled interdependence with respect to the training facilities . This is a relatively low level of interdependence , but it does...

Answered: 1 week ago

Question

★★★★★

What is one of the skills required for independent learning?Explain

Answered: 1 week ago

Question

★★★★★

Discuss in the following in detail: we are understanding what big data is, and what is driving the data deluge. From your personal knowledge and research, what other factors do you believe may drive...

Answered: 1 week ago

Question

★★★★★

Two Registered Nurses (RNs) are available to triage and enter any pre-existing medical conditions that must be noted for vaccination. The first RN is using a faster laptop and completes screening in...

Answered: 1 week ago

Question

★★★★★

Fresh Bites manufactures Caesar salads. In January, the company initially budgeted to purchase and use 20,000 kilograms of lettuce at $1.18 per kilogram, with a budgeted A output of 70,000 salads....

Answered: 1 week ago

Question

★★★★★

Understand some of the infl uences on the business environment that have changed the approaches to employing people.

Answered: 1 week ago

Question

★★★★★

Design a job advertisement.

Answered: 1 week ago

Question

★★★★★

10-20 Describe the six features of social commerce. Provide an example for each feature describing how a business could use that feature for selling to consumers on line.

Answered: 1 week ago

Previous Question Next Question