Zuhairzafar5787 Zuhairzafar5787
  • 04-03-2019
  • Business
contestada

How does a manufacturer set his or her total output to maximize profit?

Respuesta :

MrCreighton
MrCreighton MrCreighton
  • 04-03-2019

A manufacturer would need to find the production quantity where the marginal rate of return equals marginal costs (this is called the equilibrium point). This would be the point where profits are maximized.

Answer Link

Otras preguntas

Determine whether the sequence is arithmetic, geometric, both, or neither. 1, 4, 9, 16, 25, . . .
What did the FBI find when they searched Ivins' home and office? How did these findings complicate the case?
Which of the following is an example of microevolution?
Interruption of normal blood flow to part of the brain is known as __________. cerebrovascular disease hypertension atrial fibrillation arrhythmia
Which word describes an angle with a measure of 98"?A) Obtuse B) Right C)AcuteD) Complementary​
afghanistan:Who do they trade with? What do they trade? Why do they trade with them?
Which perspective did raymond cattell use as a basis for his personality measure known as the 16pf test?
1. Ash from a volcanic eruption decreases the amount of available solar energy for a region. How will a decrease in available sunlight most likely affect ecosys
What is the value of x?
Rearrange the equation below to solve for y. 6x+6y= 24