This firm will earn only a normal profit if product price is

Currently, the demand equation for baseball bats is Q = 100 - 2P. The current price is $15 per bat. Is this the best price to charge in order to maximize revenues?

Total surplus with a tax is equal to a. consumer surplus minus producer surplus. b. consumer surplus plus producer surplus plus tax revenue. c. consumer surplus plus producer surplus minus tax revenue. d. consumer surplus plus producer surplus.

An ad agency in atlanta, georgia, buys a quarter-page ad in a golfing magazine for a travel agency that specializes in preparing all-inclusive, hassle-free golf travel packages, on a 15 percent commission basis. the cost of the ad is $300.

How does a sieve or colander demonstrate the property of selective permeability?

Your brother is starting 9th grade next year and is thinking about going to college. What steps would you recommend he take?

Wages of $8,000 are earned by workers but not paid as of december 31, 2017. depreciation on the company's equipment for 2017 is $18,000. the office supplies account had a $240 debit balance on december 31, 2016.

You have placed an antique sofa up for auction and the auctioneer has not made any special announcements about the sale. You can withdraw the sofa at any time before the auctioneer closes the sale by announcement or by the fall of the hammer.

2. Provide a definition for the following terms: • Accounts receivable: Enter definition here. • Supplies: Enter definition here. • Prepaid rent: Enter definition here. • Furniture: Enter definition here.

What is the term applied to the amount that net sales exceeds cost of goods sold on an income statement?

Whenever marginal cost is greater than average total cost, A. average total cost is rising. B. marginal cost is falling. C. average total cost is falling. D. Both b and c are correct.