Please solve this 4 mcq questions correctly. 1.Sadie's Cleaning Services is a perfectly competitive firm that currently cleans 20 offices anevening. Sadie's marginal cost is less than the price it charges. Sadie's will increase its profit if itcleans:option 1: fewer than 20 offices an eveningoption 2: more than 20 offices an eveningoption 3: 20 offices an evening but increases its priceoption 4: more than 20 offices an evening and charges a higher price2.Tammy sells woolen hats in a perfectly competitive market. The marginal cost of producing 1hat is $12. The marginal cost of producing a second hat is $14 and the marginal cost ofproducing a third hat is $16. The market price of a hat is $14. To maximize profit, how manyhats should Tammy produce everyday?option 1: 1 hatoption 2: 2 hatsoption 3: 3 hatsoption 4: As many hats as possible3.Which of the following is true for a natural monopoly? [More than 1 correct option]option 1: The firm can supply the entire market at a lower cost than two or more firms could.option 2: Its average total cost curve slopes upward as it intersects the demand curveoption 3: The firm is not protected by any barrier to entry.4.Deadweight loss occurs in Monopoly market because- [More than 1 correct option]option 1: Price charged by a monopolist is higher than perfectly competitive marketoption 2: A monopolist makes greater profit by producing at the minimum possible long-runaverage cost.option 3: For a monopoly market marginal benefit equals marginal cost.

Dear student, you have asked multiple questions in a single post. In such a case, I will be…

1.Sadie's Cleaning Services is a perfectly competitive firm that currently cleans 20 offices an evening. Sadie's marginal cost is less than the price it charges. Sadie's will increase its profit if it cleans: option 1: fewer than 20 offices an evening option 2: more than 20 offices an evening option 3: 20 offices an evening but increases its price option 4: more than 20 offices an evening and charges a higher price

1.Sadie's Cleaning Services is a perfectly competitive firm that currently cleans 20 offices an evening. Sadie's marginal cost is less than the price it charges. Sadie's will increase its profit if it cleans: option 1: fewer than 20 offices an evening option 2: more than 20 offices an evening option 3: 20 offices an evening but increases its price option 4: more than 20 offices an evening and charges a higher price

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Dont copy the question, answer and explanation only.Thank you .I hope you will follow my instruction so that I will rate you as helpful.Thank you
plz solve it within 30-40 mins I'll give you multiple upvote
Solve it now I upvote question number 9 onlys.
Can you help with the three questions on my worksheet that relate to the attached graph? Can you also advise if I have done my math correctly?
Make at least 5 questions that will be ask to the entrepreneurs about business structures and market structures
M10
b. x= y2 - 4 3. P5-4-3-2-1 2. 3 el S 6 3) 1) Function? YES or NO Domain , Range thani you-Zoom Quiz Module 8 Qua 3 M Please see attached Filing x document com/courses/49637/quizzes/274167/take M Gmail B Translate For the following information, how much eggs will this consumer buy? You may assume they can buy fractions of goods. They will never buy more than 3 of any one item. Price Candy $2, Price Milk = $1, Price Eggs $0.50, Income $6. %3D Candy Milk Eggs 1st Bag or Carton 14 18 12 2nd Bag or Carton 10 3 2 3rd Bag or Carton 3 1 01 03 O 1.5
I need the answer as soon as possible
How is MC calculated? 300 for the first MC is incorrect.
Question 1/Answer by True or False for the following statements Loft command is used to create a 3D solid or surface in the space between .several cross sections True False محو التحدید The left-hand rule state that the user thumbs represent the X-axis and the .index represent the Y-axis True False محو التحدید
3. What methedological conAiden ation in Ecan omics will be useful for decision- making or policy making? A. Welfare E comics B. Narmative Ecanomics C. Positive Ecanomi co D. Nome of the above
which quote best represents a person performing a cost-benfit analysis?