Discussion Questions must be at least 125 words in length and cited by at least 1 scholarly source. No plagiarism work must be original. for Problem I have attached the the page from the textbook so the questions mentioned (1 and 7) may be referenced

Discussion Questions

must be at least 125 words in length and cited by at least 1 scholarly source. No plagiarism work must be original. 

for Problem I have attached the the page from the textbook so the questions mentioned (1 and 7) may be referenced. 

 Discussion Questions

a. 
How Is The Concept of a Normal Return on Investment Related to the Distinction Between Business and Economic Profit?

b. How would you react to a sales manager’s announcement that he or she has in place a marketing program to maximize sales?

Problems

Problem 9. With the total revenue curve of Problem 1 and the total-cost curve of problem 7, derive the total-profit function and show how the firm determines the profit maximizing level of output.