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- Confused on what to do for the graphsWhy does exit occur?2) You are the chief financial officer for a firm that sells digital music players. Your firm has the following average-total-cost schedule: Total Cost $300 301 Quantity Average 600 players 601 Your current level of production is 600 devices, all of which have been sold. Someone calls, desperate to buy one of your music players. The caller offers you $550 for it. Should you accept the offer? Why or why not?
- 5 "XYZ" is a company that produces shoes. if the cost of production of one unit it 12$, Do you believe XYZ selling the shoes at 20$ would be a great strategy?. Explain(MANAGERIAL ECONOMICS) Show algebraic solution please Assume that B = -Q 2 + 4,500Q and C= 2Q 2 are the benefits and costs of increasing the units of X-brand energy drink (in a 500 ml bottle). B. What is the profit-maximizing value of Q? Solve the problem using a tabular solution, showing the Profit, MB, MC and MNB values; assume Q varies by 50 units (in 500ml bottle). Highlight the profit maximizing level.QUESTION 3 Read the article on “Kaalzua" to answer questions 3a, 3b and 3c Kaalzua: The modern-day furniture for the modern city dweller Source: 29 Nov 2021, Mint Kaalzua is a new-age furniture brand which designs and innovates flat pack furniture and products for the city dwellers. The Delhi based start-up offers digitally fabricated, hassle free flat pack solutions that solve the modern-day problems. They believe in a judicious balance of human expertise and smart technology. The products are prepared in such a way that they can easily be assembled without any screws, glue or welding. The le cad has moulded the digital fabrication process to accommodate different sustainable matenaastaarier than wood, like bamboo, recycled plastic etc. At present the furniture products are avang. Aôn the e-commerce platform www.kaalzua.com . The start-up has also partnered with major onlig skail stores. With this strong online presence, they plan to soon expand into experience centers e the country.…
- (Choose the correct answer and briefly explain)(Last Word) Starbucks should continue to add stores in a city Multiple Choice a. as long as the marginal benefit of opening a new location does not fall below the marginal cost. b. as long as the marginal cost of opening a new location does not fall below the marginal benefit. c. until all remaining competing coffee stores have left the market. d. as long as the gap between marginal benefits and marginal costs is growing.1. What is profit? What is the difference between accounting profit and economic profit?2. What is the importance of ensuring profit maximization in an organization?
- 9. The chicken farming industry in Northern New York is extremely profitable and I would really like to enter that market. Unfortunately, suitable land has become very difficult to find as public health policies prevent raising chickens near any flowing water supply. I cannot find any land for my new chicken farm. What is the economic term for this?How do we measure the Profit Margin on Sales?(MANAGERIAL ECONOMICS) Show algebraic solution please Assume that B = -Q 2 + 4,500Q and C= 2Q 2 are the benefits and costs of increasing the units of X-brand energy drink (in a 500 ml bottle).A. What is the profit function of X-brand energy drink production? B. What is the profit-maximizing value of Q? Solve the problem using a tabular solution, showing the Profit, MB, MC and MNB values; assume Q varies by 50 units (in 500 ml bottle). Highlight the profit maximizing level.
