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

Which protein serves as a chemical messenger? hemoglobin actin myosin insulin
wha is the answer for 6w-y=2z for w
David and Sue are playing a card game. David’s score is –12. David’s and Sue’s scores differ by 7 points. Which expressions could represent Sue’s score? Choose
What North American river empties into the gulf of California
Simplify 8(R + 6) - 2R.
Multiply. (–4) ∙ (–8) a. –32 b. –12 c. 12 d. 32
What is the following number in decimal form? 8.61 × 10 –8 a. 0.000000861 b. 0.0000000861 c. 8,610,000 d. 861,000,000
what is Florida's archipelago
The acronym rice stands for
Which statement is true about eating disorders?