If the break-even volume is the quantity for which the overall cost will be considered as Break-even, then, the total revenue does not equal to the total cost. A. True B. False

Q: S If the price of oats is $3.0 per kilo, calculate the total revenue and the total profit (or loss)…

A: Given information, Price of oats = $3.0 per kilo.

Q: Profit is maximized when the marginal revenue is equal to the marginal cost provided the total cost…

A: Marginal cost can be computed by deducting the total cost resulting from the addition of one more…

Q: If marginal revenue is $430 and the marginal cost is $320  Find marginal profit

A: According to the above given question, we are given that:- Marginal revenue = $430 Marginal cost =…

Q: Find economic profit if total revenue is $4000 , explicit cost is $700 and implicit cost is $500

A: The data presented in the question above is:- Total revenue = $4000 Explicit cost = $700 Implicit…

Q: What is the total revenue when output is 1, total cost is 35, marginal cost is 10, fixed cost is 25,…

A: Rеvеnuе rеfеrs to thе total incomе gеnеratеd by a businеss or an individual through thе salе of…

Q: In a company, amount of total fixed costs is 6000 TL Variable cost per unit is 10 TL. Selling price…

A: The number of additional units required to pay the cost of a marketing campaign or other sort of…

Q: Calculate the output when the average revenue is $500 and the total revenue is $3000

A: We know that the formula for average revenue is:- AR = Total revenue / output

Q: A company sells a product for $34 each. The variable costs are $16 per unit and fixed costs are…

A: Selling Price=$34Variable cost=$16Fixed cost=$14562The break-even point refers to the level of sales…

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: Calculate average revenue when it is given that Total revenue is $70 and output is 5 units

A: Given information is as follows:- Total revenue = $70 Output = 5 units We need to find the value of…

Q: Use the table to compute the marginal revenue and marginal cost

A: Marginal revenue is given as the additional revenue generated by producing one more unit of a good.…

Q: If the firm is maximizing its profits when the price is $12, its total cost is: a) $1200 b) $700…

A: A competitive firm maximizes profit by producing at P=MC

Q: Find the economic profit when the total revenue is 21,000 and the total cost is 14,000?

A:

Q: Implicit cost is $200, explicit cost is $260 and total revenue is $800  Calculate the Economic…

A: The information given to us:- Implicit cost of firm = $200 million Explicit cost of firm = $260…

Q: 6. If the Marginal Cost for a product is found to be MC = 8x + 60, and the Marginal Revenue is given…

A: We are going to use Profit maximization method to answer this question. Use differentiation and…

Q: which of the following statement is true? (choose one letter only) a. the Marginal Revenue is the…

A: Marginal revenue and marginal cost are basis of profit maximisation.

Q: Lukanga Water has been providing water services in the Central Province for more than 20 years.…

A: Profit maximising level of output for a firm is at the point where marginal revenue (MR) equals…

Q: For each customer load, calculate both the marginal cost and the average cost. Then answer the…

A: Given,CustomerTotal costMarginal costAverage cost13023434245457069071148142

Q: (a) How can the marginal revenue be found? OA. Find R(x) - C(x). O B. Find the derivative of R(x).…

A: Marginal revenue measures the change in a firm's total revenue due to the sale of additional units…

Q: Calculate the loss incurred by the firm if the total revenue is $630 and the total cost are $900

A: The information given to us is as follows:- Total revenue = $630  Total cost = $900 Clearly TC >…

Q: . The cost of a window air conditioner was $350. During a spring promotion, the selling price was…

A: The break-even price represents the threshold at which a company neither gains nor loses. It…

Q: At which point the total revenue equals to total cost is known as? One word

A: According to the given question Total cost is basically that cost in which the variable cost is…

Q: 11. Kroger sells Kellog's Breakfast Mates for $3.20 which includes a 30% markup of cost. What is…

A: Markup refers to the percentage amount by which the cost of an item will be increased to reach at…

Q: A donut shp has a fixed cost of $92000 per day and a varibale cost of $2 for each donut produced. If…

A: Fixed cost per day is $92000 Variable cost for each donut is $2 Price for each donut is $5 For…

Q: If explicit cost is $300, implicit cost Is $220 and total revenue is $700  Find Economic profit

A: The information being given is:- Explicit cost = $300  Implicit cost = $220 Total revenue = $700 We…

Q: For a juice shop the total revenue is $1000 and the explicit cost is $320 Calculate Accounting…

A: Answer: Accounting profit: accounting profit refers to the difference between the total revenue and…

Q: Which of the following is not a part of the short run marginal costs for a pharmaceutical company?…

A: Large manufacturing equipment is such type of input that is variable only in the long run. It is…

Q: Whenever the Total revenue is $31 and the explicit costs is $20 find the Accounting profit.

A: As per the question, Total revenue = $31 Explicit cost is written to be as = $20

Q: Profit equals to a) Revenue minus price b) Price multiplied by quantity Oc) Revenue Od) The…

A: Any revenue left over after all of the business's expenses have been paid is referred to as profit.…

Q: A firm in a perfectly competitive industry has fixed costs of FC = 15, marginal costs of MC = 5 +…

A: Formulas of cost: 1. AVC  = TVC * q 2. TC = TVC + TFC where, AVC is Average Variable Cost TVC is…

Q: What can we say about the Marginal Revenue = marginal Cost relationship: Multiple Choice A. This…

A: Total revenue is the product of price and quantity. Marginal revenue is the revenue generated from…

Q: Can total revenue equal to 0

A: Revenue is the money that a firm earns when it sells its goods and services to customers.

Q: Calculate the optimal markup on cost for each service, based on the following estimates of point…

A: When there is low price elasticity of demand, the optimal markup cost is high. There is an inverse…

Q: Express the relationships among revenue, cost, profit, and volume?

A: Producer behavior can be assessed by understanding the relationship between revenue, cost, profit,…

Q: what refers to actual losses as well as unrealized profit?

A: Actual loss on costs brought about is the sum that your costs have expanded from what you would…

Q: Drybar, a hair salon, faces a weekly demand for blowouts eq The salon has weekly total cost of…

A: A firm will maximise profit at a point where marginal revenue is equal to marginal cost and price is…