--%>

Initial point to identify maximizing profit

Nostalgia Corporation has controlled to lock-up the rights to each black-and-white film ever made, as well as the response to its infomercials has been astounding. The initial point Nostalgia requirement to identify in its quest to maximize profit is: (i) point e. (ii) point f. (iii) point g. (iv) point h. (v) point i.

445_maximize profit.png

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : State the meaning of Inflationary Gap

    State the meaning of Inflationary Gap: This refers to the amount by which the real aggregate demand exceeds the level of aggregate demand needed to establish full employment equilibrium.

  • Q : Low marginal tax with basic income In a

    In a negative income tax system, where a combining fundamental income floor with low marginal tax rates gives in: (w) reduced incentives for “voluntary poverty.” (x) higher minimal standards of living for the poor. (y) an

  • Q : Morphological attribute After the

    After the morula phase what is the subsequent stage? What is the morphological attribute which defines this phase?

  • Q : Centers for production in circular flow

    I have a problem in economics on Centers for production in circular flow model. Please help me in the following question. The centers for production in a circular flow model are termed as: (1) Households. (2) Public enterprises. (3) Business firms. (4

  • Q : When is marginal costs equivalent to

    A purely competitive firm adjusts production therefore its marginal costs equivalent the market price, thus: (w) minimizing losses or maximizing profit. (x) ensuring that total costs do not exceed total revenue. (y) surviving the shor

  • Q : Profit-maximizing firm-perfectly

    The profit-maximizing firm which is perfectly competitive in resource market however that consists of market power in output market will hire labor at the point where: (1) VMP=MRP=MFC>w. (2) VMP>MRP=MFC=w. (3) VMP = MRP = MFC = w. (4) VMP>MRP

  • Q : Determine competitive price of purely

    In this demonstrated figure purely competitive lumber mill’s generic 2×4s now sell for: (1) $3.60 each. (2) $3.00 each. (3) $2.70 each. (4) $2.40 each. (5) $2.10 each.

    Q : Lowest possible price in transaction

    Is the assertion such that "Everyone all the time buys everything at the lowest possible price" right? Have you paid more than you had to for any good yet, after permitting for all transaction costs?

  • Q : Increase profits of quantity selling by

    When a monopolist was selling a quantity which marginal revenue [MR] is greater than marginal costs [marginal costs [MC] in that case this could increase profits by: (w) raising price. (x) increasing output. (y) raisi

  • Q : Reason of Financial Intermediation The

    The fundamental reason for financial intermediary’s presence is to: (1) Facilitate beginning new business firms by employing internal financing. (2) Help business organizations comply with laws needing the financial intermediation. (3) Minimize