A firm produces 50 units of output at with an average total cost of three dollars. if the market price is five dollars, what is the firm's total revenue?

This week's assignment is to pretend that the career services office at your university wants to develop a system that collects student resumes and makes them available to students and recruiters over the Web.

What is a niche? A.) A specialized market B.) A small family-owned business C.) A large corporation D.) A pattern

Suppose an ocean-front hotel rents rooms. In the winter, demand is: P_1 = 80 - 2Q_1 with marginal revenue of: MR_1 = 80-4Q_1. However, in the summer, demand is: P_2 = 140 - 2Q_2 with marginal revenue of: MR_2 = 140-4Q_2.

When you purchase an turn in a store, you may be charged with

Grass Green Company makes and sells hedge trimmers, which are designed to be safe if used properly. Hazel buys a Grass Green trimmer and lends it to her neighbor Izak.

J has a whole life policy with a return of premium rider. Which of the following would best describe this rider? A term rider on a permanent policy

Assume a certain firm is producing Q = 1,000 units of output. At Q = 1,000, the firm's marginal cost equals $20 and its average total cost equals $25. The firm sells its output for $30 per unit. Refer to Scenario 14-2.

What is the market structure of MTN

Hi-Tek is a young start-up company that is currently retaining all of its earnings. The company plans to pay a $2 per share dividend in Year 7 and increase that dividend by 2.2 percent per year thereafter.

Under the UCC, if a contract does not designate the place of delivery for the goods, then the goods must be made available at a location halfway between the seller's and the buyer's places of business. a) true b) false