Answer:
Explanation:
Which of the following most accurately describes the difference between goals and objectives? Goals are broad, long-term expectations for future achievements and objectives describe the overall approach to how they will be accomplished Goals are specific, measureable and short-term expectations for future achievements and objectives are the standards by which goals should be measured Goals describe the overall approach to how the company will succeed and objectives are the specific actions which will advance goals Goals are broad, long-term expectations for future achievements and objectives are more specific, measureable and short-term
Answer:
Explanation:
the following most accurately describes the difference between goals and objectives? Goals are broad, long-term expectations for future achievements and objectives descri
D: It is both a short run and long run decision.
Explanation:
Whether its a short run or long run decision, it is determined by when the benefit will accrue to the entity.
Thus employing 5 more workers in the short run is going to help the entity whiles in the long run also they are going to be a developed staff which will benefit the entity in the long run.
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At the profit-maximizing output, this firm's total profit will be $280.
<h3>Who is a monopolist?</h3>
A monopolist is a single firm that operates in an industry. There is only one firm in the industry because there are usually high barriers to entry of firms. The demand curve is downward sloping. A monopoly sets the price for its goods and services.
Profit is maximised when marginal revenue is equal to marginal cost. Looking at the given table, marginal revenue is equal to marginal cost when output is 4 and price is $70
Total profit = 70 x 4 = $280
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