bleeeeh8846 bleeeeh8846

06-08-2019
Business

contestada

A firm is currently producing 100 units of output per day. The manager reports to the owner that producing the 100th unit costs the firm $5. The firm can sell the unit for $6. The firm should produce more than 100 units in order to maximize its profits (or minimize its losses). a. TRUE b. FALSE

Respuesta :

esarango28 esarango28

09-08-2019

Answer:

The correct answer is a) TRUE

Explanation:

The exercise reports that the cost of producing the unit is $5 and the sells price is $6. This means that if you increase production, the earns will increase too.

However, keep in mind that the exercise doesn´t specify the fixed cost and variable cost, just say "production cost". If the exercise specified the fixed cost, probably the answer would change

Answer Link

Otras preguntas

The population of a city in 2005 was 18,000. By 2010, the city’s population had grown to 45,000. Economists have determined that the population growth follows a

Which Enlightenment philosopher wrote The Social Contract?

A private network that is accessible only to employees of the company that created it is called: A. a business-net. B. an extranet. C. an intranet. D. the In

User: How often do most credit cards charge interest? a. Annually b. semiannual c. Daily d. Monthly

8 plus 7 equals 6 + blank

An individual can reduce the amount of risk associated with an investment program by using: a. an investment timer. b. asset allocation. c. a portfolio picke

Hypertension usually has few or no warning signs. a. True b. False

a cereal box can hold 144 cubic inches of cereal. if the box is 8 inches long and 1.5 inches wide how tall is the box?

Boyle’s law states that the volume of a gas is inversely proportional to its pressure if the A. temperature and number of particles are constant. B. temperatur

The perimeter of a square is 4 times as great as the length of any of its sides. Determine if the perimeter of a square is proportional to its side length

Q&A Education