0
What else can I help you with?
What MC equals MC?
The correct formula is E = MC².
When p equals ar equals mr equals ac equals mc?
When price (p), average revenue (ar), marginal revenue (mr), average cost (ac), and marginal cost (mc) are equal, a firm is in a state of long-run equilibrium in perfect competition. In this scenario, the firm earns normal profits, as total revenue equals total cost, and there is no incentive for firms to enter or exit the market. This equality indicates that firms are maximizing their profits while producing at the most efficient scale. Consequently, resources are allocated efficiently in the market.
If E equals MC squared what does M equals?
M = mass
Is e equals mc squared proven?
Yes.
If AB equals 5 and BC equals 8 then AC equals?
ac is 7 if b is 3 and a is 2 a nd c is 5
Why is profits maximised when average cost is equal to marginal cost?
Profits are maximized when average cost (AC) equals marginal cost (MC) because this condition indicates that the firm is producing at an optimal output level. When MC is less than AC, producing additional units decreases average cost, suggesting more output would increase profits. Conversely, if MC exceeds AC, producing more would raise average costs and decrease profits. Therefore, the equilibrium point where AC equals MC is where the firm achieves maximum profitability.
When a firm increased its output by one unit its AFC decreased This indicates what?
mc=ac
When p ar mr ac mc?
In a perfectly competitive market, price (P) equals marginal revenue (MR) and marginal cost (MC) at the profit-maximizing output level. Firms will continue to produce until the cost of producing an additional unit (MC) matches the revenue gained from selling that unit (MR). At this point, firms maximize their profits, and if P equals MR and MC, it indicates that firms are operating efficiently in the market.
If P equals 8 and MC equals 5 plus 0.2Q the competitive firm's profit-maximizing level of output is?
27.908763334678123
What MC equals MC?
The correct formula is E = MC².
What is the ac equivalent circuit for a transistor?
Transistor are DC output, Triac are AC output.
When p equals ar equals mr equals ac equals mc?
When price (p), average revenue (ar), marginal revenue (mr), average cost (ac), and marginal cost (mc) are equal, a firm is in a state of long-run equilibrium in perfect competition. In this scenario, the firm earns normal profits, as total revenue equals total cost, and there is no incentive for firms to enter or exit the market. This equality indicates that firms are maximizing their profits while producing at the most efficient scale. Consequently, resources are allocated efficiently in the market.
What demand curve indicates the firm incurs a loss?
It's when the MR is not equal to MC. The firm in this case is unable to produce output the equals marginal revenue to marginal cost.
Why mc intersect or cuts ac at its minimum point?
because at the minimum costs the adition costs(MC) is equal to average costs(AC) and which is a cost of single unit.
Why PM MC meters can't be used for AC measurements?
It wont work for AC measurements. Not designed for AC application
Why PM-MC meters can't be used for AC measurements?
It wont work for AC measurements. Not designed for AC application
If marginal revenue is 10 and marginal costs is 8 the firm should increase its output.?
Yes, if marginal revenue (MR) is 10 and marginal costs (MC) are 8, the firm should increase its output. This is because the additional revenue generated from selling one more unit (MR) exceeds the additional cost incurred to produce that unit (MC). By increasing output, the firm will continue to maximize its profit until MR equals MC. Thus, producing more units will enhance overall profitability.
