Price (Dollars per jumpsuit) 10 20 32 40 50 60 Quantity (Jumpsuits) Produce or Shut Down? Profit or Loss?

The value of marginal revenue is $35 and the value of marginal cost is $30 Is the firm maximizing profits?

The graph shows the short-run cost curves of a toy producer. The market has 1,000 identical toy producers. The market price of a toy is $21. In the short run, the firm produces toys a week. 24- 21- 18- 15- 12- 9- 0 500 1000 1500 2000 MC ATC AVC 2500

Price Marginal Cost 3 Price Marginal Revenue Quantity (a) Find the point (A, B, C, D, or E) that corresponds to the profit maximizing price and quantity. (Select only one letter.) (b) Which number corresponds to consumer surplus on the graph? (c) Which number corresponds to producer surplus on the graph? (d) Which number corresponds to deadweight loss on the graph?

Price (dollars per cup) $6.00 MC ATC 3.50 A 2.50 B Demand 0 1 2 3 4 5 6 7 8 9 10 Quantity MR (cups per week) According to the graph, if the firm is maximizing profits what is the dollar value of the profit?

Please no written by hand and no image According to the Washington Post article The Downsides of Cheap Corn, farmers' 2014 crop revenues were down from prior years, despite very productive harvests all around the United States. Which of the statements is the explanation offered by the article for this apparent paradox? The costs of farming have increased faster than productivity, leading to higher crop yields but lower profits. An influx of farmers entering the agricultural market has led to fierce competition, driving down revenues. The increase in the supply of crops has decreased prices by a greater percentage than the percentage increase in quantity of sales. Consumer demand for agricultural crops such as corn, soybean, and wheat are at record lows

Price (dollars per soda) 2.50 2.00 1.50 1.00 0.50 Market Price 0 5 10 15 20 25 Quantity (thousands of sodas per month) The supply curve of Coca Cola is given above. The market price is $1.00 per soda. The marginal cost of the 20,000th soda is $0.50. $1.00. more than $1.00. $0.00. S

$1200 $1000 $1000 D3 $600 D3 D1 D2 \D1 D2 0 300 500 650 500 Computers Per Week Computers Per Week A Refer to the graphs. Suppose a firm is currently producing 500 computers per week and charging a price of $1,000. What happens to the firm's inventory of computers if there is a negative demand shock and prices are inflexible? Multiple Choice The firm's inventory will increase by 200 computers per week. The firm's inventory will not change. The firm's inventory will decrease by 150 computers per week. The firm's inventory will increase by 350 computers per week. rch 99+ Price Price

Price ($) 1000 500 300 0 300 500 Supply Demand What is the total cost of producing 300 iPads? 1000 Quantity

If an economy the marginal profit is $80 billion and the marginal cost is $35 billion find the marginal revenue!