Adidas is one of the high-class sports shoe dealers in Melbourne with the following short run cost curves. Answer the question that follow Graph""" Calculate this firm’s profit or loss for Adidas shoe company.?
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Adidas is one of the high-class sports shoe dealers in Melbourne with the following short run cost
Graph"""
Calculate this firm’s profit or loss for Adidas shoe company.?
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- E4 P Q ARC POINT Total Revenue Marginal Revenue 7 100 6.5 200 6 300 5.5 400 5 500 4.5 600 4 700 3.5 800 3 900 2.5 1000 2 1100 1.5 1200 find the remaining values and writ the comments on the results?a) A manufacturing firm has the following price and cost structure:Number of Units Price Total cost(Output) (price) (price)0 120 801 120 1002 120 1403 120 2104 120 2805 120 4006 120 6007 120 840i) Calculate for each output Fixed costs, Marginal cost, Total revenue and Profit margin(Present your answer in a tabular format) ii) Under what market structure is the firm operating in? Explain.iii) How many units should firm sell in order to maximize profits and what is the maximumachievable profit?Let a = 8 and k = 1. Compute the equilibrium prices, quantities and profits. .
- 15- ____________ refers to the additional revenue gained from selling one more unit. Group of answer choices Total revenue Marginal revenue Economic profit Accounting profitGive typing answer with explanation and conclusion 1.Sara knits 20 scarves and sells them for $25 each. What is her total revenue? $50 $250 $45 $500A clothing merchant purchases a shipment of clothes for $38,000.00 with discounts of 11% and 5%. He sells it to a customer at a price which includes 22% profit on selling price and overhead expenses of 23% on selling price. a. How much did it cost him to purchase the container of clothes? b. What was the selling price of the container of clothes? c. Calculate the break-even selling price.
- Use economic theory to detail and examine the reason why electricity network and gas pipeline businesses face a revenue deficiency problem if price is equated to long run marginal cost. Note: use economic figures wherever applicable and 5% Plagriasm allowed30) A conglomerate multinational is one that A) produces various stages of production in different countries. B) one which exports more than 50% of output. C) produces the same product in more then one country. D) produces different products in different countriesA farmer’s fields are right next to the train tracks, where sparks from the trains set the field on fire. The railroad profit from running zero, one, two or three trains is shown below. The columns indicate the number of trains running. Total railroad profits are the total profits to the railroad from running the specified number of trains. Total lost farmer profits are total profits the farmer loses from a specified number of trains running. Trains 0 1 2 3 Total Railroad Profit. $200 $300 $350 $410Total Lost Profit for Farmer $0 $100 $125 $300 1) What is social welfare at the socially optimal number of trains? a) 200 b) 225 c) 210 d) 350…
- A farmer’s fields are right next to the train tracks, where sparks from the trains set the field on fire. The railroad profit from running zero, one, two or three trains is shown below. The columns indicate the number of trains running. Total railroad profits are the total profits to the railroad from running the specified number of trains. Total lost farmer profits are total profits the farmer loses from a specified number of trains running. Trains 0 1 2 3 Total Railroad Profit. $200 $300 $350 $410Total Lost Profit for Farmer $0 $100 $125 $300 1) What is social welfare at the socially optimal number of trains? a) 200 b) 225 c) 210…A farmer’s fields are right next to the train tracks, where sparks from the trains set the field on fire. The railroad profit from running zero, one, two or three trains is shown below. The columns indicate the number of trains running. Total railroad profits are the total profits to the railroad from running the specified number of trains. Total lost farmer profits are total profits the farmer loses from a specified number of trains running. Trains 0 1 2 3 Total Railroad Profit. $200 $300 $350 $410Total Lost Profit for Farmer $0 $100 $125 $300 1) If a court grants the railroad the property right throw sparks, and transaction costs are $1400 (split evenly by the…8. It describes the rationale of how an organization creates, delivers, and captures value in economic, social, cultural or other contexts.A. Prototype B. Product Description C. Business model D. Suppliers