A perfectly competitive apple farm produces 1,000 bushels of apples at a total cost of $36,000. The price of each bushel is $50. Calculate the firm's short-run profit or loss.

Question

05-07-2022
Business

Answered

Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

A perfectly competitive apple farm produces 1,000 bushels of apples at a total cost of $36,000. The price of each bushel is $50. Calculate the firm's short-run profit or loss.

Sagot :

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.

how the employer make the employee active?

An arrow is shot up vertically beside a building 60 m high. The initial velocity of the arrow is 40m/s [up]. Air resistance is negligable. At what time does the

Which of the following increases the likelihood of needing a larger sample size? A. A greater desired precision of the sample estimateB. A smaller number of sub

Explain the following values are derived for the sensitivity and specificity of the example: Thus, there is a 69.6% probability that the HbA1c test will be posi

What method did Robespierre and his committee use to tryto establish their ideas permanently in France?SELECT AN ANSWER○ The Committee began to reach out to you

Question 2The Copernican explanation for retrograde motion requires that:the planets have circular orbits.O only planets outside of Earth's orbit undergo retrog

Read the excerpt from The Odyssey.Now Zeus the lord of cloud roused in the northa storm against the ships, and driving veilsof squall moved down like night on l

Investigate the multifaceted challenges and opportunities inherent in the design and implementation of sustainable transportation infrastructure, unraveling the

Bài 2: Complete the gapsto make negative zeroconditional sentences.1. If I cook, I (not/do)....thedishes.2. Helen (not/use)....toomuch chilli powder if she'scoo

Which equations have the same value as x as 5/6x + 2/3

ewomazinoade ewomazinoade · Answer 1 · 2022-07-11T11:07:10-04:00

The firm's short run profit is $14,000.

What is the short run profit or loss?

Short run profit or loss can be determined by subtracting total revenue from total cost. Total revenue is total units sold multiplied by price per unit.

Short run profit = total revenue - total cost

Short run profit = (1000 x 50) - 36,000 = $14,000

To learn more about profit, please check: https://brainly.com/question/26181966

#SPJ1

Sagot :

What is the short run profit or loss?

Other Questions