Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 21, 2024

Please solve this question 4. Suppose a competitive firm has cost, C = (0.002q )+ (22q) + 750, marginal cost, MC = 0.006q- + 22,

Please solve this question

4. Suppose a competitive firm has cost, C = (0.002q )+ (22q) + 750, marginal cost, MC = 0.006q- + 22, and revenue, R = 80q. If the firm produces 150 units of output, O A. MR

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

Modern Principles Microeconomics

Authors: Tyler Cowen, Alex Tabarrok

4th Edition

1319098762, 978-1319098766

More Books

Students also viewed these Economics questions

Question

★★★★★

What are the pros and cons associated with using supplies and/or labor sourced from supply chain partners (direct and indirect) based in countries that do not have strict pollution standards?

Answered: 1 week ago

Question

★★★★★

Understand the rules and style guidelines for creating CRC cards, class diagrams, and object diagrams.

Answered: 1 week ago

Question

★★★★★

In qualitative research, what is the effect of using purposive sampling on the transferability to other situations?

Answered: 1 week ago

Question

★★★★★

Elliott Athletics is trying to determine its optimal capital structure, which now consists of only debt and common equity. The firm does not currently use preferred stock in its capital structure,...

Answered: 1 week ago

Question

★★★★★

Below is a series of cost of goods sold sections for companies B,M,O, and S. Fill in the lettered blanks to complete the cost of goods sold sections. Below is a series of cost of goods sold sections...

Answered: 1 week ago

Question

★★★★★

Can anyone help me solve this problem and explain the process with equations? The school you would like to attend costs $100,000. To help finance your education, you need to choose whether or not to...

Answered: 1 week ago

Question

★★★★★

A critical reflection on how you have developed personally and professionally from human service organization placement. Consider questions such as: What soft skills (for eg., communication,...

Answered: 1 week ago

Question

★★★★★

Fake Racing Hoax Racing Direct materials $7 500 $10 000 Direct labour $13 000 $12 500 Number of inspections 4 2 Number of set-ups 3 1 Number of machine hours 2000 4 500 Number of engineering 130 50...

Answered: 1 week ago

Question

★★★★★

Simple expected value calculations are at the heart of Kahneman and Tversky's prospect theory. Calculate the expected value of the following gamble. You are playing the following game: draw a card...

Answered: 1 week ago

Question

★★★★★

From the following data prepare a statement of cost of goods manufactured and cost of goods sold of Popular Stoves Manufacturing Co. for the year 2011: Rs. Stock of materials on 1-1-201135,000 Stock...

Answered: 1 week ago

Question

★★★★★

Reflect on your learning experience and course resources and answering the following. Note that this is not a research project and would expect either your personal thoughts or SYST 3 0 0 2...

Answered: 1 week ago

Question

★★★★★

Please answer the following question. Please you have to write 5.2.1 in Matrix form. This is important. Then how are we going to write Beta in this matrix form because I see the components of beta is...

Answered: 1 week ago

Question

★★★★★

13. Try to imagine how you would feel if you had tackled the problem, the con-flict, the challenge, etc., that made you powerless in task 12, for example upstairs, confident, confident, calm,...

Answered: 1 week ago

Question

★★★★★

15. Ask yourself the following questions: What do you want to remember from your everyday experiences? These are the experiences that fill most of your life. They may take 9099% of your time. What do...

Answered: 1 week ago

Question

★★★★★

What reward will you give yourself when you achieve this?

Answered: 1 week ago

Previous Question Next Question