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b) what is the profit maximizing output?
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- Please answer C with new equipment106,000cost isSub : EconomicsPls answerin 15 mins.Dnt CHATGPT.I ll upvote. Thank YouPlease no written by hand Acme, Inc. is currently producing 12,000 gadgets per year. Acme’s average total cost (ATC) is $18 per year. What is Acme’s total cost (TC) per year? a. $667 b. $108,000 c. $216,000 d. $500 e. $1500
- Sub : EconomicsPls answerin 15 mins if possible.Dnt CHATGPT.I ll upvote. Thank YouFarmer McDonald gives banjo lessons for $20 perhour. One day, he spends 10 hours planting $100worth of seeds on his farm. What total cost has heincurred?a. $100b. $200c. $300d. $400Please hep with this question ? That is attatched show how calcualtion was made thank you,
- No chatgpt answer pls i will give 10 upvotesMetters Cabinets, Inc., needs to choose a productionmethod for its new office shelf, the Maxistand. To help accomplishthis, the firm has gathered the following production cost data: PROCESS TYPE ANNUALIZEDFIXED COST OFPLANT & EQUIP. VARIABLE COSTS (PER UNIT) ($)LABOR MATERIAL ENERGY MassCustomization $1,260,000 30 18 12Intermittent $1,000,000 24 26 20Repetitive $1,625,000 28 15 12Continuous $1,960,000 25 15 10Metters Cabinets projects an annual demand of 24,000 units forthe Maxistand. The Maxistand will sell for $120 per unit. a) Which process type will maximize the annual profit from pro-ducing the Maxistand? b) What is the value of this annual profit?Good afternoon please help me with the calculation to for the attatched prodblem. Thank you in advance