Still overwhelmed by exam stress? You've come to the right place!
We know exam season has you totally swamped. To support your studies, access Gold Membership for FREE until December 31, 2025! Normally £29.99/month. Just Log In to activate – no strings attached.
Let us help you ace your exams efficiently!
Questions
COMM_V 190 101-104 2025W1 2025W1 COMM 190 Final Exam - TUE Dec 09 2025 - Requires Respondus LockDown Browser
Short answer
Suppose r=4.5 and d=135. What is her total optimal profit?
View Explanation
Standard Answer
Please login to view
Approach Analysis
Here is how to approach the question, given the information provided and noting what is missing to compute a precise answer.
First, restate the data: r = 4.5 and d = 135. The question asks for the total optimal profit, but the specific profit function or business model is not given in the prompt.
Option 1: Compute profit as a straightforward product of two quantities (e.g., revenue per unit times units sold). If we interpret profit as r multiplied by d, we would calculate 4.5 × 135 = 607.5. This is a simple, comm......Login to view full explanationLog in for full answers
We've collected over 50,000 authentic exam questions and detailed explanations from around the globe. Log in now and get instant access to the answers!
Similar Questions
In order to maximize profits a firm should
Based on your calculation above, at what point do you think the monopolist would not increase production
4. A monopolistically competitive firm in the short run is producing where price is $3.00 and marginal cost is $1.50. To maximize profits: A. The firm should continue to produce this quantity. B. The firm should increase output and decrease price. C. The firm should decrease output and increase price. D. It is unclear what the firm should do without knowing marginal revenue.
Should a firm always produce at the level of output where marginal cost is lowest?
More Practical Tools for International Students
Making Your Study Simpler
To make preparation and study season easier for more international students, we've decided to open up Gold Membership for a limited-time free trial until December 31, 2025!