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Nada Adobe corporation is a firm operating in a purely competitive market environment in the short run. Assume that Nada Adobe corporation faces the following total revenue and total cost functions:
Total revenue: TR =8Q
Total cost: TC= Q2 + 4Q + 2
a. Determine the marginal revenue and the marginal cost
b. Determine Profit function of Q
c. What is the value of Q that maximize the profit.( take the derivative of the profit with respect to Q, set it equal to zero and solve for the profit-maximizing level of Q)
e. What other method we can use to max profit and what is the Q in this case?
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Oasis Products, Inc. has current liabilities = $10.0 million, current ratio = 1.50 times, inventory turnover ratio = 12.0 times, average collection period = 20 days, and sales = $100 million. What is the value of their cash and marketable securiti..
Develop a plan to teach employees to use the new technology. Determine how employees of your selected business or organization will learn about the technology that will be implemented and taught to them.
How might select discretionary benefits reduce or mitigate employee turnover because he or she feels valued and compensation is appropriate?
If there are 10 different project managers in a room, there are probably 10 different ideas on what a good WBS should look like. Go to the source, the PMI Practice Standard for Work Breakdown Structures, and review the established quality standard..
This fee includes reproduction of the music,packaging, customer management, shipping and promotion costs. Big Apple has virtually no on-going fixed costs. Calculate the long run profit maximizing price and quantity sold.
Is the centripetal acceleration of mars in its orbit around the sun larger or smaller than the centripetal acceleration of earth?
Explain how members of the group displayed each of the managerial skills.
The ABC Commercial Bank has $5,000 in excess reserves and the reserve ratio is 30 percent. This information is consistent with the bank having:
1. Share your thoughts on the actions of the CEO of Toshiba. Why is this still occurring? 2. Did we not learn from ENRON?
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