Determine level at which firm maximizes its total profit
A firm has the following revenue and cost functions
TR=230 Q-Q²TC=1/2 Q² x 50Q + 30
Determine the level at which the firm maximizes its total profit (hint: use marginal revenue=marginal cost rule)
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Assume the demand for good X is log-linear, with a constant price elasticity of -½ {i.e., QX = c • (PX)-1/2}. If the quantity demanded is 80 when PX is $4.50, what is the quantity demanded when PX is $2.00?
On Oct 1, 2011 you received rent in advance of $12,000 for 3 years. You credited rent revenue.
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Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average, and (3) LIFO. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25 and ending inventory values to 0 decimal plac
A firm has the following revenue and cost functions. Determine the level at which the firm maximizes its total profit (hint: use marginal revenue=marginal cost rule)
Use the same information given above except on July 1, 2011 you debited insurance expense for $2400.
Then sell the proceeds for delivery forward at F dollars per pound at the end of the period, at which time you payoff your loan: How much should you gain in order to just offset your cost of carry?
Compute the basic EPS and diluted EPS for Ramon Inc. for 2006.
The subject is about taxation pertinent to the role of an accountant in chosen area of interest. Although the topic areas are fairly open-ended, it is expected that each paper will have theoretical underpinnings, as well as practical implications.
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