Pastry Paradise is looking to expand. It decides to take over Sweet Tooth, a competitive firm. The two firms have similar technology but different costs. Pastry Paradise has $1500 fixed costs and $1 marginal cost per unit produced. Sweet Tooth has $500 fixed costs but $5 marginal cost per unit produced. What is the total cost, at the level of production where Pastry Paradise is indifferent between which technology is used?
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Pastry Paradise is looking to expand. It decides to take over Sweet Tooth, a competitive firm. The two firms have similar technology but ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A locomotive train is on its way from chicago, il to madison, wi. the trip is said to last 3.15 hours. when the train arrives in madison the conductor notices it actually took them 3.26 hours.
Answers (1)
Which of the following was not one of the purposes of the Single European Act? A. Remove all frontier controls between EU countries B. Remove the principle of "mutual recognition" as it pertains to product standards C.
Answers (2)
Which of the following are among the reasons offered by Adam Smith for why specialization results in higher levels of output? A.
Answers (1)
Which of the following BEST defines the U. S. economic system? A. Planned economy B. Mixed market economy C. Communism D. Socialism E. Pure market economy
Answers (1)
Give two reasons why value of norminal GDP would increase
Answers (1)
New Questions in Business
Employers bond employees who handle cash receipts because fidelity bonds reduce the possibility of employing dishonest individuals and Deter dishonesty by making employees aware that insurance companies may investigate and prosecute dishonest acts.
Answers (1)
1. A complaint of sexual harassment by a part-time worker in a hardware business was upheld when the Tribunal found that the employer had failed to take sufficient action in relation to the employee's report of inappropriate behaviour.
Answers (1)
Suppose that the government sets a price floor for milk that is above the competitive equilibrium price With the price floor, consumers are willing to purchase the quantity indicated where the price floor intersects the With the price floor, the
Answers (1)
Choose the best revision of the previous sentence. Because many executives have access to company jets boards of directors have a responsibility to ensure that shareholders are not footing the bill for personal travel.
Answers (1)
Who puts the federal budget together?
Answers (1)