Based on the profit contributions & constraints given in the information above, what is the pizza shop's expected profit if it produces at the optimal amount?

Q: At a hotel property, if foxed costs run at $690,000 and variable costs are typically 45% of…

A: The fixed costs is $690000.The variable cost is 45% of the total revenue.The revenue generated is…

Q: 12. Which one of the following statements is correct concerning the relationships among the firm's…

A: According to the given question Cost functions relationship in simple words we can say that is the…

Q: Calculate the profits of the first if it is given that the total revenue generated is $60,000 and…

A: Revenue is total amount of income generated by the sale of goods or services , (revenue = Total…

Q: Which of the following does not refer to diminishing marginal returns? O Increasing numbers of seat…

A: Diminishing marginal returns means the productivity or output falls with increase in the units of…

Q: If the Marginal Cost for a product is found to be MC= 1500/15x+100' , and the cost of 80 units is…

A: We have, x= 80 Total cost = TC = $6000 at x = 80 Marginal cost, MC = 1500/ (15x+100) To find the…

Q: Consider the following cost function. a. Find the average cost and marginal cost functions. b.…

A: We are given the total cost function which depends on the quantity whose range is also given. And…

Q: where is the explanation of the new optimal profit if total costs rise to $353?

A: According to Bartleby guidelines we answer only one question per session and hence the last tutor…

Q: Given a profit function: π(Q) = TR(Q) − TC(Q) Shows that for total profit function of Q will be…

A: In economics, it is assumed that firms work towards achieving their objective of…

Q: (a) The revenue from selling q items is R(q) = 50q - q 2 and the total cost is C(q) = 15 + 10q i.…

A: Given: R(q) = 50q - q2C(q) = 15 + 10q   (i) Fixed cost is that component of total cost function that…

Q: State the relationship between average variable cost (AVC), and marginal cost (MC) when AVC is…

A: 1. AVC (Average variable cost) is decreasing, when the MC (Marginal cost) is less than AVC (Average…

Q: If marginal cost is greater than average total cost, then average total cost must be increasing.…

A: The marginal cost curve is downward sloping when it is below ATC. At the same time ATC is also…

Q: 1.  It costs $25,000 to build 30 refrigerators. It costs $30,000 to build 40 refrigerators.…

A: Cost: It is the value of goods and services in terms of money.

Q: 4. Optimize the following function and comment about the findings. y =- 5x; +10x, + x,x, • 2x{ +4x;…

A: here we optimize the following function as given below;

Q: Suppose that the total cost (in dollars) for a product is given by C(x)=1300+ 160 In(2x + 1) where x…

A: Given:Total cost: C (x) = 1,300 + 160ln(2x + 1) (a) MC = 320 / (2x + 1)Derive the MC from the total…

Q: Explicit cost is = $900 Implicit cost = $333 Find the economic profit???

A: Generally in the given question The value of explict cost = $900 The value of the implicit cost =…

Q: Before the point of diminishing marginal returns, marginal cost will be increasing. Group of answer…

A: The law of diminishing marginal returns states that adding more and more variable input to a fixed…

Q: A firm can produce 100 units per week. I Junits Find the maximum profit.

A: Answer to the question is as follows :

Q: “Sunk cost is a fixed cost, but not in the long term.” Is this statement true or false? Explain!

A: In an economy, the cost is classified in different forms according to its effect on organizational…