Suppose that for each firm in the competitive market for pot…

Suppose that for each firm in the competitive market for potatoes, long-run average cost is minimized at $0.20 per pound when 500 pounds are grown. The market demand for potatoes is . If the long-run supply curve is horizontal, then how many firms will this industry sustain in the long run?

[Elijah]  Elijah runs a beer funnel business, where he sells…

  Elijah runs a beer funnel business, where he sells different colored funnels to businesses like Party City and Spencer’s. He’s trying to figure out how he wants to price his funnels. Elijah invested $150,000 into the business, expecting a 15% ROI. He produced 14,000 standard units, with each costing $0.50 in variable costs. At this moment, his fixed costs are about $100,000. How much should Elijah charge per funnels if he uses target ROI pricing?

[cupcake] Sales revenue data has been compiled in the table…

Sales revenue data has been compiled in the table below for all the companies in Gotham that manufacture cupcake bombs. The market growth rate in 2024 is 9.6%. In the BCG Matrix, which brand would be considered a cash cow and what is its relative market share? Brand & Sales Joker: $13 million Poison Ivy: $24 million Harley Quinn: $30 million Scarecrow: $8 million