Answer:
$3,240
Explanation:
Calculation for the annual tax liability on the property
Using this formula
Annual tax liability= (Tax rate× Real property )
Where= Tax rate =18 million
Real property=180,000
Let plug in the formula
Annual tax liability=( .018x180000)
Annual tax liability=$3,240
Therefore the annual tax liability on the property is $3,240
The firm’s marginal cost of production when the firm is producing 50 units of output is 33.33
Solution:
The production function is Q =
The initial value is 10 units. The production value is 50 units The manufacturing cycle needs work as stated below.
Q =
Q =
L =
The wage rate is $15 . The following is the expense of the manufacturing process.
TC =
TC =
The marginal production cost is really the increase in manufacturing costs as output increases by 1 point.
As listed below, the marginal cost:
TC =
MC = =
MC = = 33.33
Professional growth and development - Bob
Mentoring - Debby
Certification - Joseph
Scholarship - Libby
Networking - Chad
(B) When revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.
<h3>
What is revenue?</h3>
- The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue.
- Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line."
- A company's overall earnings or profit are referred to as income or net income.
- Although both revenue and profit are positive indicators for your company, they are not the same thing.
- The producer surplus for a firm will probably reach zero when revenue equals opportunity costs and variable costs.
Therefore, (B) when revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.
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Answer:
C
Explanation:
Fewer Movie goers will pay a hier price