A bag of fertilizer has a marginal revenue product of $100. Thecurrent price in the store is $150. Is this a sustainableequilibrium price?No, there will be a bad surplus.No, because the government will never allow this to happen.O No, there will be a bad shortage.Yes, because the sellers are making a sustainable profit on theirsales.

A bag of fertilizer has marginal revenue of product $ 100 and its current price is $ 150

Answered: narginal revenue produc

Business

Accounting

narginal revenue produc

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6PB: Karens Quilts is considering the purchase of a new Long-arm Quilt Machine that will cost $17,500 and...

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Can someone help me with part B of this problem?: Verasource Microprocessor Corporation sells 200 computer chips a month for $1,500 each. variable costs are $1,500,000. Fixed costs are $500,000. there's a defect rate of 8%. What is the hidden cost to the company of making this rate of defectives instead of 2,000 good chips each month? Suppose a six sigma effort can reduce the defects to a six sigma level. what is the impact on profitability?
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