Q: Sarah's profit-maximizing amount of output is sandwiches/day.
A: The condition for profit maximizing level of output in monopolistic competitive market is at where:-…
Q: Answer the questions and define the phrases/terms and explain the relationship between them when…
A: Answer -
Q: f profit for the shoes firm is $400 and the cost is $800 Calculate total reven
A: Total revenue refers to price multiplied by quantity. Total revenue refers to total receipts from…
Q: 6. Write how many units should be sold to maximize revenue. Explain how you got that answer using a…
A: Revenue maximisation may be a theoretical objective of a firm which attempts to sell at a price…
Q: Comfort marketing is a type of cognitive message strategies True O False
A: A cognitive message strategy is a strategy which in turn presents pieces of information or rational…
Q: ly competitive industry is characterize ing products that are similar but not identi ing products…
A: Market refers to a place where goods & services are bought & sold. Here the goods are sold…
Q: Is Hilton’s product mix deep as well as wide? Explain your answer
A: The Hilton Performance Advantage is a comprehensive system. System of creative ideas and smart…
Q: how markup pricing can be helpful to managers to make the firm earn the maximum amount of profit…
A: Markup pricing is a way of calculating the price of a product or service by combining all of the…
Q: HOW TO CALCULATE PROFIT FROM THIS GRAPH?
A: MR curve has same vertical intercept as demand curve, but half the horizontal intercept of demand…
Q: When the price is between AVC and ATC (ATCAVC), then total revenue for the competitve firm
A: TR = P x Q TVC = AVC x Q TC = ATC x Q
Q: Describe your ideal company culture
A: The way you do things at work is referred to as company culture. It's the sum of your official and…
Q: Need help with c (the break even point) and d (the price range for which the company will make a…
A: X Y = 159.24x+65065.22 280 159.24*280+65065.22 =…
Q: what are the formulas for each column? what is the profit maximizing output q and p? what is the…
A: a) Following below are the formula's for each of the following columns; Average variable cost =…
Q: THE MAIN DIFFERENCE BETWEEN EX-ANTE AND EX-POST ECONOMIC PROFIT
A: Ex-ante and Ex-post area unit 2 Latin words accustomed predict the come against security. Ex-Ante…
Q: The Roadrunner farm, Wheeler’s one of competitors, reports that at their profit maximizing output,…
A: At profit maximisation, Marginal revenue is equal to marginal cost and price is determined by the…
Q: After the production and marketing tests and the preparation of a marketing program, a process is…
A: There are several stages through which output will be generated and products will go through before…
Q: Describe the procedure of Gauging Product Cost and Price?
A: The cost of production of a good or service is the aggregate value of the investment made by a…
Q: Calculate average, marginal, and total revenue.
A: ANSTR is the total receipts of a seller that he earns from selling the goods that it produces. If P…
Q: Explain the term Deceptive practices?
A: Unfair trade practices: It refers to utilizing different misleading, deceitful, or deceptive…
Q: Using the figure above, what is the total revenue for the firm?
A: Total revenue is the product of the total quantity produced and the price per unit of the product
Q: what are the maximum profits this firm can earn?
A: A competitive market is a typical market that answers the demands for goods and services. A…
Q: Why do more sales in not equal more profit
A: An expansion in deals/sales doesn't generally prompt an increment in benefit. Most organizations…
Q: Are golf balls really differentiated products? Explain why or why they are not?
A: Golf balls are a common example of a monopolistic competitive market. It is known that any specific…
Q: Directions: Complete the table below by supplying it with products that you consider similar. Write…
A: A substitute good or service that can be used in the place of another good. It is a good that is…
Q: ilustrate and example of economic profit with numbers
A: Economic profit is the profit one gets after taking into account the implicit and explicit costs,…
Q: How does the goal of the firm influence the sales maximization and profit maximization decision.
A: # Firm has priorities based on whether to maximize profits or maximise it's sales.
Q: Select the correct one : Do both state and federal law protect aganist trademark dilution? A)…
A: Trademark dilution refers to the situation when a firm with trademark license ha sthe right to share…
Q: Aji owns a rental space in New York and is thinking of opening a restaurant in that space. An…
A: Introduction: The accounting profit can be calculated by subtracting the explicit cost from the…
Q: What products will your product compete against? Are there any similar products out there? Name and…
A: Since you have posted a question with multiple sub parts, we will solve first three sub parts for…
Q: hoenix Dubai is a small shop that has been operating in the United Arab Emirates for several years.…
A: The generation of money from normal operations of the business is known as revenue. It is being…
Q: The profit maximizing combination of two products is found where?
A: A Production Possibility Curve (PPC) is a graph that shows all the possible combinations of two…
Q: Draw a graph to show the breakeven point, shutdown point and supply curve.
A: Answer: Break-even point: break-even point is the point where the total revenue is equal to the…
Q: Using the graph below, calculate the firm's profits at the profit maximizing output Price 408 384…
A: A profit-maximizing firm produces at the intersection point of MR and MC. i.e., MR = MC is…
Q: Car brands are a part of ___________ type of market structure
A: In total we have 4 broad categories of market structure which are namely perfectly competitive…
Q: Marke is 22 years old, and has just been offered a job as manager of a clothing store in a nearby…
A: Mark' s behaviour related to the attitude of business is to earn money and makr profit . Then every…
Q: How do you calculate a firm's total cost and total revenue?
A: Total cost (TC) refers to the cost of all inputs needed to produce with the given unit of output. It…
Q: Given a description of a company's marketing mix, classify the elements of the marketing mix and the…
A: Marketing relates to practices that a corporation undergoes to facilitate the acquisition or…
Q: Describe the major retailer marketing decisions?
A: Retailer Marketing Decision: The decision of the retailer changes in the environment of the market,…
Q: Outline the economic factors that affect marketing decisions and consumer buying power.
A: There are many economic factors that affect the marketing decisions of a firm such as unemployment…
Q: Thinking Through Marketing Strategy Pretend that you are the Chief Marketing Officer at Alibaba.…
A: 1.Target Market Alibaba can target two commercial centers in America which incorporate the worldwide…
Q: People usually interchange "brand" and "product" in their daily conversation. As a marketing…
A: A product is created by a corporation and can be purchased by a consumer in return for money, but…
Q: Profit maximization of the firm happens when marginal cost > marginal revenue True / False
A: Profits are the excess of revenue receipts over the costs incurred through the production of goods…
Q: Just 1 capsule of brand X can provide 24 hours of acid control ( Actual brand will not be named)…
A: A problem statement is a short description about the current issue or a condition that needs…
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