Refer to the graph of the costs for a perfectly competitive firm. Which of the following best represents profit per unit of output? OA. the market price OB. the shaded rectangle OC. the distance between points A and B OD. None of the above. Which of the following best represents total profit? OA. the shaded rectangle OB. the market price OC. the distance between points A and B OD. None of the above. Quantity MC ATC D = MR C

Q: I need help in solving this question because I'm not sure it's right?

A: The United State federal government passed the American Recovery and Reinvestment Act in 2009 was to…

Q: c. How much total consumer surplus will each of them receive at a price of $32?

A: Last parts C and d are answered below:

Q: The answers you provided are incorrect and incomplete.

A: A perfectly competitive firm is a price taker, which means it takes the price set by the market…

Q: heeds to make an additional repair, which will cost another $400, in order to make the guitar worth…

A: here we can find the answer of given question by following method given below;

Q: Describe the steps you will take to create your financial plan and budget

A: We show the The first step is to define and agree on your financial goals and objectives.   A…

Q: I need to understand how to come up with the answers for the table. This explanation does not help…

A: Equation of a budget line is given by: Income = Px*X + Py*Y Where Px is the price of Good X and X is…

Q: I asked this question but didn't receive a response. How do I answer this? I believe my answer is…

A:

Q: Please provide the answer of my question with explanation

A: Regression is a statistical technique used in the fields of finance, investing, and other subjects…

Q: Network externalities are important for a. gas stations. b. AARP, an organization that advocates for…

A: Network externality refers to the positive or negative impact that society experiences from the…

Q: Buying and selling textbooks are two separate decisions made at the margin. Textbooks create value…

A: The consumer surplus is when a consumer is willing to pay less than its product price. It is based…

Q: can i have an explanation for each answer

A: Total Cost: Total Cost is computed through the formula that is, Total Cost = Fixed Cost + Variable…

Q: How can we simplify the decision-making process?

A: A business cannot take the decision making process lightly as the entire business relies and acts on…

Q: Explain complex economic concepts to a reporter through an email pitch.

A: Hi [Reporter's Name],I hope this message finds you well. I would love to discuss two key economic…

Q: Could you please give me full detailed answer?

A: A pizza company runs its business in a franchisee mode and has decided to conduct a $1 promotion for…

Q: What is the solution to question 6? I really need help with that one.

A: The amount of gas the buyers would be willing to purchase would drop if it turned out that 50% of…

Q: Not all of the questions were answered I was wondering if the rest could be answered for me.

A: International trade is defined as all the economic transactions in between the Teo countries is…

Q: you have $84.25. you get additional money for mowing lawns. then you purchase a new pair of shoes…

A: Marginal revenue is defined as the additional revenue earned by an individual when he sells an…

Q: Could you solve question D as well

A: The term "LM" stands for the Liquidity-Money Supply framework, an economic model that depicts the…

Q: Describe the Rational Decision making Process?

A: Rational decision-making is a multi-stage process in which alternatives are selected. The objective…

Q: the answer was wrong

A: Probability hypothesis is the underpinning of factual science, giving a numerical method for…

Q: Hi, there. I need a clarification of question number 1, which choice is the best answer?

A: The supply curve will shift to the left whenever there is an increase in the cost of production.

Q: Something that is perceived as a luxury rather than a need is something that brings pleasure.…

A: Luxury things are something contrary to need(necessity) products or need costs, which are the…

Q: I need help for these questions l.

A: Based on this model, households earn income when firms purchase factors of production in the market…

Q: am almost positive my answer is right. Is it?

A: What large scale natural disaster may cause ? Large sacle natural disaster leads to reduced the…