--%>
Assignment Help - homework help

Profit-maximizing level of output

When LoCalLoCarbo, the favorite corporation of fad dieters, produces adequate output to minimize its average total costs that will: (1) produce more than the profit-maximizing level of output. (2) concurrently minimize its average variable cost. (3) precisely break even since its total revenue will equal its total costs. (4) receive a normal rate of return on its investment. (5) concurrently maximize its economic profit.

1819_Market Power and Marginal Revenue.png

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Marginal revenue product and MRP curve

    I have a problem in economics on Marginal revenue product or MRP curve. Please help me in the given question. Demand for the labor through a monopolist in the product market is its: (w) Value of marginal product (or VMP) curve. (x) Marginal revenue product (or MRP) cu

    		•
  • Q : Opportunity costs in different prices

    While a firm is NOT able of price discrimination: (w) various prices are charged for units of remotely related goods. (x) only opportunity costs are reflected in various prices for units of similar good. (y) any short term profit stimulates long run l

    		•
  • Q : Minimizes average cost of output When a

    When a monopolist maximizes profit and charges a price equivalent to average cost, in that case the firm: (i) is producing at the minimum point on its marginal cost curve. (ii) also charges a price equal to marginal cost. (iii) is pro

    		•
  • Q : Formula to Economic profit Can someone

    Can someone please help me in finding out the most accurate answer from the following question. The Economic profit equivalents: (1) Accounting profit minus the implicit costs. (2) Normal profit. (3) Net revenue minus the implicit costs. (4) Net revenue minus the expl

    		•
  • Q : Changes in market prices and conditions

    The model of pure competitive is intended to produce insights within how: (w) asymmetric information influences the efficiency of exchange. (x) buyers and sellers negotiate to reach contracts for goods and services. (y) markets determine equitable dis

    		•
  • Q : Product Differentiation During product

    During product differentiation, the firms attempt to: (w) become price takers. (x) gain a degree of market power over their pricing and sales of their products. (y) increase the supply of their products. (z) raise the price elasticity of the demand fo

    		•
  • Q : Foreign Exchange Market Whatt happens

    Whatt happens in the foreign exchange market when there is a U.S. export transaction

    		•
  • Q : Shut down point in the short run A

    A monopolist will shut down during the short run when its equilibrium price as: (w) equals short-run average cost. (x) exceeds marginal cost. (y) is less than average variable cost. (z) is less than average fixed cost.

    Q : Negative relationship in Law of Demand

    The law of demand declares that the negative relationship exists among: (1) The purchases of poorer goods and the level of national income. (2) Unlimited demands and restricted resources. (3) A good’s price and the quantity of good people will b

    		•
  • Q : Problem on market supply of labor Can

    Can someone please help me in finding out the accurate answer from the following question. The marginal resource cost for monopsonist in the labor market which can’t wage discriminate: (1) Is perfectly elastic. (2) Is perfectly inelastic. (3) Lies above the mark

    		•