Title: What is the average cost per unit for producing 3 units? Post by: lorrkelly1 on Feb 27, 2018 What is the average cost per unit for producing 3 units?
a. 200. b. 260. c. 70. d. 110. QUESTION 2 Cover Charges Hank's Honkytonk is a local bar and nightspot. On weekends, it requires a 5 cover charge to defray the costs of the live musical acts Hank brings in. This has worked wonderfully, as it generates capacity crowds and a long line of people waiting to enter. However, after the cost of the acts, he still loses money on the weekends. What is his marginal revenue and marginal cost of a patron on weekends and how should he attempt to fix his unprofitability problem? QUESTION 3 What are the total profits if four units are produced? a. 40. b. 70. c. -30. d. 20. QUESTION 4 Wine Merger In October, 2014, Vintners Global Resource's (VGR) agreed to purchase M.A. Silva. VGR is a leading manufacturer of glass bottles and packaging for wines and M.A. Silva is a manufacturer of premium natural corks. What is the expected effect of this merger on price-cost margins? QUESTION 5 How many units should the profit maximizing firm produce? a. 1 b. 2 c. 3 d. 4 QUESTION 6 Beverage Merger Cott Corp markets a portfolio of beverages, bottled waters, beverage, and coffee delivery systems for homes and offices. In November, 2014, it has agreed to merge with DS Services of America, a water and coffee direct-to-consumer services provider. What is the expected effect of this merger on price-cost margins? QUESTION 7 What is the marginal cost of producing the third unit? a. 60 b. 70 c. 90 d. 110 Title: What is the average cost per unit for producing 3 units? Post by: hibobbbyyyy on Feb 27, 2018 Content hidden
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