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What else can I help you with?
Where is profit maximized on a graph?
Profit is maximized on a graph where the marginal cost curve intersects the marginal revenue curve.
How do you achieve the profit maximizing price?
Let the demand facing a firm for its product be expressed by the following functions Q=25-0.5P Where Q=quantity and P=price, and cost function as C=25-2Q+4Q2 Compute a) Profit maximizing output, b) Justify profit maximizing output
What type of graph is excellent for showing business cycles?
Line Graph
This graph is excellent for showing business cycles?
Unfortunately the graph does not show.. But, i can tell you that business cycle is divided into: 1) introduction - start of the graph 2) growth - graph goes up 3) maturity - graph is static and slowly pointing doen 4)decline - graph starts to go down.. if your graph is this way, then the answer is yes..
How can one determine economic profit by analyzing a graph?
To determine economic profit by analyzing a graph, one can look at the intersection point of the total revenue and total cost curves. Economic profit is calculated by subtracting total costs from total revenue. If the total revenue is higher than total costs, there is economic profit. If total costs are higher, there is economic loss.
Where is profit maximized on a graph?
Profit is maximized on a graph where the marginal cost curve intersects the marginal revenue curve.
How do you achieve the profit maximizing price?
Let the demand facing a firm for its product be expressed by the following functions Q=25-0.5P Where Q=quantity and P=price, and cost function as C=25-2Q+4Q2 Compute a) Profit maximizing output, b) Justify profit maximizing output
How do you graph cost revenue and profit functions?
There are a couple of graphs you could use. A pie graph or a bar graph.
Advantages of profit maximization?
Profit maximization increase the graph of outputs.
What general information can you derive from the graph?
I am sorry but this question refers to a particular graph and the graph or a reference to it was not included.
What do the x-intercepts and maximum value of the graph represent What are the intervals where the function is increasing and decreasing and what do they represent about the sale and profit?
The x-intercepts of the graph represent the points where the sales or profit are zero, indicating the break-even points. The maximum value of the graph signifies the highest profit achievable. The intervals where the function is increasing indicate periods when sales and profit are rising, suggesting effective sales strategies, while the decreasing intervals show times when sales and profits are declining, potentially signaling issues that need to be addressed. Understanding these intervals helps in analyzing overall business performance and making informed decisions.
What type of graph is excellent for showing business cycles?
Line Graph
Which type of graph is excellent for showing business cycles?
line graph
Which graph title is more effective: 'Revenue Growth Over Time' vs 'Profit Margin Comparison'"?
"Revenue Growth Over Time" is more effective as a graph title compared to "Profit Margin Comparison."
What do the intercepts and maximum value of the graph represent What are the intervals where the function is increasing and decreasing and what do they represent about the sale and profit?
The intercepts of a graph represent the points where the function crosses the axes, indicating the sale levels at which profit is zero. The maximum value of the graph represents the highest profit achievable. Intervals where the function is increasing indicate periods where sales are rising and profit is growing, while intervals where the function is decreasing signify declining sales and falling profit. Analyzing these intervals helps businesses understand optimal pricing and sales strategies to maximize profit.
This graph is excellent for showing business cycles?
Unfortunately the graph does not show.. But, i can tell you that business cycle is divided into: 1) introduction - start of the graph 2) growth - graph goes up 3) maturity - graph is static and slowly pointing doen 4)decline - graph starts to go down.. if your graph is this way, then the answer is yes..
Recall that the vertical line test is used to check whether a particular graph represents the graph of a function what are correct statements for this graph?
This graph fails the vertical line test at x = 3This graph is not the graph of a function.
