#1159872

#1159872: A consulting company estimated market demand and supply in a perfectly competitive industry and obtained the following results: where P is price, M is income, and is the price of a key input. The forecasts for the next year are = $15,000 and = $20. Average variable cost is estimated to be Total fixed cost will be $6,000 next year. What is the profit-maximizing output choice for the firm? /images/50001-60000/52401/52401-62.jpg

A consulting company estimated market demand and supply in a perfectly competitive industry and obtained the following results: where P is price, M is income, and is the price of a key input. The forecasts for the next year are = $15,000 and = $20. Average variable cost is estimated to be Total fixed cost will be $6,000 next year. What is the profit-maximizing output choice for the firm?
Изображение вопроса
Варианты ответа:
  • 3,000 units
  • 4,000 units
  • 5,000 units
  • 6,000 units

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Тематика: Муниципальное право Особенности рассмотрения отдельных категорий гражданских дел Сравнительное правоведение
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