Ask Question
BusinessBusiness
2 December, 02:56

In order to maximize profits in the short run a firm should produce where

+3
Answers (1)
  1. 2 December, 05:20
    0
    From experience, I know that in mining, the mining companies often start producing where the ore grade is the highest so that they can pay off their capital costs early and then continue with the lower grade when their costs are under control.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In order to maximize profits in the short run a firm should produce where ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Large aircraft producers such as the Boeing Company normally use: Select one: a. Job order costing. b. Process costing. c. Mixed costing. d. Full costing. e. Simple costing.
Answers (1)
ABC Software is a producer of educational software for children below the age of twelve. The company has operations in Switzerland and would like to expand its foreign operations with a new facility in China.
Answers (2)
Select the correct answer. Which pricing strategy do companies often use for luxury products? A. price skimming B. premium pricing C. penetration pricing D. economy pricing
Answers (1)
In 2011 modern electronics produce 60,000 calculators, employing 80 workers, each of whom worked 8 hours per day. In 2012, the same firm produce 76,500 calculators, employing 85 workers, each of whom worked 10 hours per day.
Answers (1)
Is designed to protect consumers in credit transactions by requiring any lending/leasing transaction to include intense clarity of key terms and all costs involved?
Answers (1)
New Questions in Business
Suppose that the inverse demand equation is p = 100 minus 2Q and the supply equation is p = 2Q. If the price is controlled at $60 , this is a price floor.
Answers (1)
Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department.
Answers (1)
On October 1, Sam's Painting Service borrows $150,000 from National Bank on a 3-month, $150,000, 4% note.
Answers (1)
Papa Bear Corporation's unadjusted trial balance includes the following balances (assume normal balances) : Accounts Receivable $1,119,000Allowances for Doubtful Accounts $ 21,300Bad debts are estimated to be 6% of outstanding receivables.
Answers (1)
In which of the following circumstances are competitive pressures associated with the bargaining power of buyers relatively moderate-to-weak? The supply of soccer balls increases during the World Cup season.
Answers (1)
Home » Business » In order to maximize profits in the short run a firm should produce where
Sign Up Forgot Password?