Same level of output that maximizes revenues

Assignment Help Basic Computer Science
Reference no: EM131960765

If the level of output that maximizes profits is the same level of output that maximizes revenues, then the marginal cost of this good is zero. Why?

Reference no: EM131960765

Questions Cloud

Economic profits are zero in the long run : Since firms in perfect competition can enter and exit the market in the long run, their economic profits are zero in the long run.
Write down some examples of industries : Write down some examples of industries that are (close to) perfectly competitive. What attributes do they have to be considered perfectly competitive?
Horizontal demand curve of the output : Draw and scan a cost curve and using those costs show on your graph using a horizontal demand curve of where the output with a firm
Write a report that summarization of the existing approaches : You will write a report outlining your understanding, summarization of the existing approaches, and solution outline based on the referenced literature.
Same level of output that maximizes revenues : If the level of output that maximizes profits is the same level of output that maximizes revenues, then the marginal cost of this good is zero. Why?
Downward sloping demand curve : If a firm is facing an always decreasing average total cost curve, and a downward sloping demand curve, then it must be the case that the marginal revenue
What happens to equilibrium gdp : Assume that taxes are fixed, the economy is closed, and the marginal propensity to consume is 0.75. What happens to equilibrium GDP?
When marginal productivity of labor is increased : What will happen to demand for labor and labor market equilibrium in the following situations?
Calculate the change in the firm eps : Consider a firm with an EBIT of $850,000. The firm finances its assets with $2,500,000 debt (costing 7.5 percent) and 400,000 shares of stock selling at $5.00.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

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