Why do more sales in not equal more profit

Q: Mr. JCT is working a company providing 401(k) retirement plan. He contributed $6,000 to the plan…

A: The compensation of employees includes two things: Payments in cash and Payments in kind.…

Q: Question 9 An increase in the number of buyers in the market for fidget spinners will result in a…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: In the following table, indicate how each cost and curve is affected, if at all. Cost Effect on Cost…

A: Variable cost is the cost that changes with the quantity of good produced. Fixed cost are the costs…

Q: why is average product low for a good

A: Total product represents the maximum output that a firm is able to produce with its capital and…

Q: How much profit will it make at that lower price?

A: The table showing output and cost is as follows:

Q: 2. The table below shows the number of total product produced by its corresponding number of…

A: the time period is not mentioned in this problem so we consider it as the short-run problem i.e. in…

Q: 1. Explain the decisions taken for an individual product.

A: When making decisions for a personal product, several factors have to be considered, consisting of:-

Q: Describe the procedure of Gauging Product Cost and Price?

A: The cost of production of a good or service is the aggregate value of the investment made by a…

Q: How do you think the supply chain expanded into an online business can improve the performance of…

A: A digital supply chain can assist an organization with reinforcing its plan of action (for instance,…

Q: blanks to interpret the effect of the Fed's policy. When the Fed sells bonds, the amount of money in…

A: Open market operation is a tool in monetary policy under which Federal bank sells or buys bonds in…

Q: What is average profit margin means?

A: Profit margin is calculated by dividing income by sales to determine how profitable a firm or…

Q: The following graph shows the aggregate demand (AD) and short-run aggregate supply (SRAS) curves.…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: How many units should the firm produce to maximize profit?

A: Profit is maximized at the output level, for for which MR = MC.

Q: The graph shows the relevant curves for a profit maximizing monopolist. Assume that it is possible…

A:

Q: How do you determine if a firm is profit maximizing?

A: A firm is profit maximizing if the firms total cost is less than is total revenue(TR = TC). We can…

Q: How do you calculate whether your business has an economic profit using marginal approach to profit…

A: Economic profit is a measure of performance that compares the profitability of a business with what…

Q: How do we measure the Profit Margin on Sales?

A: Profit margin is a type of profitability ratio that represents the percentage of sales that have…

Q: he table below shows the price and cost information for a firm that operates in a perfectly…

A: Perfect competition is the market structure in which there are large number of buyers and sellers…

Q: How would you define major components for a supermarket?

A: A supermarket is a big self-service retail store that sells groceries, fresh produce, meat, bread,…

Q: Stella typically makes decisions using considerable effort and a complex thought process. Which of…

A: The process of proper evaluation of the available options and making the optimum choice amongst the…

Q: The profit maximizing combination of two products is found where?

A: A Production Possibility Curve (PPC) is a graph that shows all the possible combinations of two…

Q: 2. List the demand determinants and supply determinants and show how thy might shift the supply and…

A: The law of demand is a theory of economics that determines the demand for commodities at a specific…

Q: Can you write an Introduction on the above

A: The underlying principles and components that guide how an economy functions are known as economic…

Q: What are the nature of product sold in perfect market ?

A: A market is a place or a platform where the buyers and sellers meet and interact with each other in…

Q: True of False 1. Comparative advantage means production at a lower opportunity cost 2. Quantitative…

A: Disclaimer- “Since you have asked multiple questions, we will solve the first three questions for…

Q: How do you calculate a firm's total cost and total revenue?

A: Total cost (TC) refers to the cost of all inputs needed to produce with the given unit of output. It…

Q: Quantity Variable Fixed Price Total Total Profit Marginal Costs Costs Costs Revenue Costs 1,000 $500…

A: In perfect competition equilibrium condition is P=MC

Q: How to Estimate demand, costs, and profits?

A: When talking about demand We estimate the price elasticity of demand.

Q: What is the goal of the Multitasking machine?

A: Multitask machining is the ability to conduct specific unattended manufacturing operations, without…

Q: The following graph shows the money market in a hypothetical economy. The money supply is currently…

A: A central bank is a government-run institution that manages a country's or group of countries'…

Q: You are to pay a bill in Meralco every month for 5 years. The accumula amount of the payment you…

A: Given information: Future value = 60k Interest rate = 6% per year or 6%/12 = 0.5% per month