Find out the total revenue and total cost

Assignment Help Business Economics

Reference no: EM13499921

"A profit maximising perfectly competitive firm should select the output level at which the difference between the marginal revenue and marginal cost is greatest. This is equivalent to selecting the output where the spread between total revenue and total cost is greatest".

Reference no: EM13499921

Questions Cloud

Explain decreasing efficiency of space in the structure : How do you rank crystal lattice structures in order of decreasing efficiency of space in the structure

Us federal income tax return : US Federal Income Tax Return

What is the difference in path lengths from the two slits : In a Young's double-slit experiment, a set of parallel slits with a separation of 0.102 mm is illuminated by light having a wavelength of 558 nm, What is the difference in path lengths from the two slits to the location of a third order bright frin..

Explain the ideal gas law relates the pressure p volume v : The ideal gas law relates the pressure P, volume V, absolute temperature T, and amount of gas n. The law is P = nRT/V where R is the gas constant.

Find out the total revenue and total cost : Equivalent to selecting the output where the spread between total revenue and total cost is greatest.

Determine the rate at which current must change : A solenoid of radius 1.6 cm has 351 turns and a length of 10 cm.The permeability of a free space is 1.25664 × 10^?6 V · s/A · m. Find the rate at which current must change through it to produce an emf of 56 mV

Information related to ivan calderon corp : Presented below is information related to Ivan Calderon Corp

Explain what is the ph after 10.0ml of 1.0 m naoh : Given 100.0mL of a buffer that is 0.50 M in HOCl and 0.40 M in NaOCl, what is the pH after 10.0mL of 1.0 M NaOH has been added. (Ka for HOCl = 3.5 x 10^-8)

Define what is the equilibrium concentration of no2 : 15.0mL of 0.50 HCl is added to a 100.0mL sample of 0.200 M HNO2. What is the equilibrium concentration of NO2. ions. (Ka for HNO2= 4.0 x 10^-4)

User Account

All Pages