Average production cost by maximum profit

When Nostalgia Corporation maximizes profit in its production of Silver Screen DVDs, in that case its average production cost per DVD will be roughly: (i) $3 per copy. (ii) $5 per copy. (iii) $7 per copy. (iv) $9 per copy. (v) $11 per copy.

749_maximize profit.png

Hey friends please give your opinion for the problem of Economics that is given above.

View Complete Question

Related Questions in Microeconomics

Q : Closed Shops and union members Firms

Firms which agreed to hire only workers who were already the union members would be operating: (1) Agency shops. (2) Bilateral monopolies. (3) Monopsonistic shops. (4) Union shops. (5) Closed shops. Choose the right answer from the

Q : Public international law issues The

The following is a case problem around which the examination paper will be based. In preparation for the examination, you should study the problem scenario and identify the possible public international law issues which might arise, and how the law might be applied to

Q : Problem on reducing Complementary Goods

The failure of spaghetti crop would be most probable to decrease the: (1) Supply of cheap red wine. (2) International rate of inflation. (3) Demand for potato salad. (4) Demand for the spicy tomato sauce. (5) Prices of dinners in an Italian restaurant.

Q : Normal accounting profits in monopoly

This monopoly makes Q units and experiences as: (1) economic profits equal to 0cbQ. (2) economic losses equal to cpab. (3) more than normal accounting profits. (4) marginal cost in excess of average total cost. (5) total revenue less than total cost.<

Q : Competitive equilibration processes

When a purely competitive industry is within long-run equilibrium and consumer demand then raises, the short-run industry quantity supplied and equilibrium price would tend to: (w) fall. (x) rise. (y) remain similar. (z) swing up and

Q : Decreasing cost industries When average

When average production cost for Plastibristle Inc. falls like market demand increases and more firms go into the industry, Plastibristle is within: (1) an economically efficient industry. (2) a purely competiti

Q : When Shortages occur Shortages take

Shortages take place whenever the market price: (1) Most greatly surpasses the average person’s demand price. (2) Is above the usual seller’s supply price. (3) Equivalents production costs plus the maximum possible gain. (4) Lies beneath t

Q : Labor Unions-supply of workers The

The methods unions use to raise the wages of their members do not comprise: (1) Rising the demand for the union labor. (2) Establishing higher salaries and allotting work to members. (3) Facilitating the management plans to raise productivity. (4) Raising the supply o

Q : Effective price discrimination to

Effective price discrimination to maximize profit does NOT needs the firm to be capable to: (w) separate the market within different groups along with different demand elasticities. (x) erect entry barriers to defend a monopoly position. (y) prevent t

Q : Advantages to sole proprietorships and

The benefits to sole partnerships and proprietorships associative to the corporations are that both contribute to: (1) Lack of permanence. (2) Limitless financial resources. (3) Limitless liability. (4) Simplicity of organization.

Discover Q & A

Leading Solution Library

Avail More Than 1428396 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1941503
Asked

3,689

Active Tutors

1428396

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment