g Suppose Marcia's Manioc Farm is a non-price discriminating monopolist producing manioc and is producing its profit-maximizing level of output. Suppose further that at her current level of output, Marcia's average total cost is $1.50, her average variable cost is $1.00, and her marginal cost of producing an additional kilo of manioc is $1.40. Marcia's economic profit is _____ in the short run.

Question

03-05-2021
Business

Answered

Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Ask your questions and receive accurate answers from professionals with extensive experience in various fields on our platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

g Suppose Marcia's Manioc Farm is a non-price discriminating monopolist producing manioc and is producing its profit-maximizing level of output. Suppose further that at her current level of output, Marcia's average total cost is $1.50, her average variable cost is $1.00, and her marginal cost of producing an additional kilo of manioc is $1.40. Marcia's economic profit is _____ in the short run.

Sagot :

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.

a car traveled 162 miles on 10 4/5 gallons of fuel. compute the miles per gallon attained by the vehicle

Read this excerpt from paragraph 10 of "Letter from a Birmingham Jail" and answer the question.Just as Socrates felt that it was necessary to create a tension i

5- É rara a ocorrência de terremotos no Brasil, equando há, são de baixa magnitude,diferentemente do que acontece no Japão, nosEstados Unidos e no Chile, por ex

Explain the following statements: in python a. 5 / 3 b. 5 % 3 c. 5.0 / 3 d. 5 / 3.0 e. 5.2 % 3

The mean temperature in the layer between 750 hPa and 500 hPa decreases eastward by 3oC per 100 km. If the 750 hPa geostrophic wind is from southeast at 20 ms-1

Which statement correctly explains whether more ATP is found in muscle cells or bomO More ATP is found in muscle cells because they use energy less efficiently

Equine Science potential assessmen

Elena es técnico de selección de una empresa de venta de muebles en fase inicial de adaptar su modelo de negocio al entorno digital. Necesita definir cuáles son

a)(iii)In a group of 500 students, 280 like bananas, 310 like apples, and 55 do not like boththe fruits.(i) Find the number of students who like both the fruits

Akar-akar dari persamaan kuadrat x ^ 2 + 7x + 6 = 0 adalah ...

topeadeniran2 topeadeniran2 · Answer 1 · 2021-05-06T21:33:03-04:00

Answer: ambiguous

Explanation:

The profit will be calculated by subtracting the total cost from the total revenue. i.e. Profit = Total revenue - Total cost.

To know the value of the economic profit, the price is required but based on the information given in the question, the price was not given as we were given only the cost. There, in this case, the answer will be "ambiguous" as we do not have all the information required to solve the question.

Sagot :

Other Questions