9. (a) (b) (c) (d) If marginal revenue is N$6 and marginal cost is N$4, the firm seeking to maximize prof should: increase it output reduce its output raise its price none of the above

By 2030, Tesla is the dominant player in the market for self-driving cars, but it faces an entry threat by ACME Corporation. To examine its behavior toward competitors, suppose that Tesla produces q₁ and it incurs a cost of c₁ (91) = 69₁. ACME Corporation produces a self-driving car that is a perfect substitute for the Tesla vehicle, but its production costs are: c₂ (92) = 100+1292. Inverse demand for self-driving cars is given by p(Q) = 120-Q, where Q = 9₁ +92

$30 M ATO 20 AVC 15 75 80 100 Output 1-At which point the firm gets abnormal profit? 2- based on your answer in question one, what is the amount of total revenue? 3- based on your answer in question one, what is the amount of abonormal profit? 4-Find the value of Average Fixed cost at Q= 100 5- Determine the shutdown point? For the toolbar, press ALT+F10 (P) or ALT+FN+F10 (Mac).

Baseball has not been convicted of violating the Sherman Antitrust Act because (a) baseball is the national pastime. (b) baseball was the first sport to institute the Reserve Clause. (c) the Sherman Antitrust Act does not apply to sports. (d) baseball has been exempt from the Antitrust laws.

This profit-maximizing/ loss minimizing firm is ? Note:- Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote. Take care of plagiarism. Answer completely. You will get up vote for sure.

Based on the table, what price does John's Tricycle Company charge for a tricycle?

D Question 3 Which of the following statements is correct. (select all that apply) The margin refers to the additional percentage of the original price that the retailer charges for the product The markup refers to the percentage of the retail price that is pocketed by the retailer as profit. None of the answers are correct The markup refers to the additional percentage of the original price that the retailer charges for the product The margin refers to the percentage of the retail price that is pocketed by the retailer as profit.

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please read the question as there are similar questions with this type of table