Register
Suppose that Kuhn Pharmaceuticals has a patent on the drug, Wondermeditol, until the year 2030. The firm in 2018 was making economic losses due to high production costs. Graph the firm's profit/loss situation
86.7k views
5 votes
Suppose that Kuhn Pharmaceuticals has a patent on the drug, Wondermeditol, until the year 2030. The firm in 2018 was making economic losses due to high production costs. Graph the firm's profit/loss situation in 2018. Shade the area of profit/loss, label Pm and Qm.

User Rob Hales
by
5.7k points

1 Answer

4 votes

Answer:

The graphical representation of the Firm is attached.

Step-by-step explanation:

As the firm is functional still, this meant the losses were incurred however it was made covered in its variable cost, via the area under shaded is the overall loss.

Suppose that Kuhn Pharmaceuticals has a patent on the drug, Wondermeditol, until the-example-1
User GStav
by
5.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.0m questions

7.8m answers

Other Questions

What are some ways you can save on car insurance?
_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
Demonstrate how binomial nomenclature is related to classification systems by identifying the genus name and the specific name of the domestic cat felis catus
The dark printed words on the page of a book are easily read because they are printed on a light ground. this is an example of the principle of ____________.
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
Link Copied!