Answer:
The ROI is 2
Explanation:
For computing the ROI we have to apply the formula which is shown below:
= Return in terms of benefit ÷ investment
where,
Return is in terms of sales which equals to $20,000
And, the investment equals to
= New color cost + video launching cost
= $5,000 + $5,000
= $10,000
Now put these values to the above formula
So, the answer would be equal to
= $20,000 ÷ $10,000
= 2
A producers profits are maximized when marginal costs are equal to marginal revenue.
The activities in an organization, who gives all of the costs and restocks all the products they sell by the amount of consumption any specific product has
Answer:
3.37%
Explanation:
M = 100l/R.
M = 100 x $254,000 / $7,548,000 = 3.3651...
Rounding to the nearest hundredth, we get the net profit margin is 3.37%.
Answer:
Zero economic profits in the long run.
Explanation:
In a perfect competition, firms are able to freely enter into, or exit a market.
As more and more firms enter the market, it causes an increase in supply in the long run, which<u> leads to a fall in prices and therefore profits, such that firms will start to earn normal profits or </u><u>zero economic profits.</u>
