B. According to the function, what is her initial cost (e.g., maintaining the mower, buying gas,advertising)? Explain your answer in the context of this problem

7) If the incremental method were used, what amount of cost would be allocated to the start-upbusiness?A) $20,000B) $54,000C) $60,000D) $74,000

(d) If the firm wishes to maximize profits, what price should it charge and how many unitsshould it produce?

At the efficient scale of production,Group of answer choicesmarginal cost must be at a minimum.marginal cost must be rising.marginal cost should be falling.marginal cost must be constant.

During its first month of operations, a manufacturer incurs the following costs (in dollars) related to activities within its factory:Direct materials $15,000Direct labor $30,000Manufacturing overhead $40,000What amount should be reported as cost of goods sold on the income statement if 5,000 units are produced and 4,000 are sold? $56,000 $68,000 $70,000 $85,000

Barbara has estimated the demand and marginal revenue for her product.They are P = 84 - 2Q (quantity) and MR = 84 - 4Q, respectively.She also experiences a constant marginal cost of $16.What is Barbara’s profit-maximising quantity and price?Question 4Answera.Q = 12; P = $50b.Q = 12; P = $40c.Q = 17; P = $50d.Q = 17; P = $40