Answer:
The answer to the following question is given below :
Explanation:
- The typical model of production was structured to meet the challenges and bring benefits. With new capacity and operating results, the supply chain has become progressively more competitive and efficient.
- The modern supply chain is tailored to meet evolving customer needs. Freight capacity and administrative performance have become more reliable and cost-effective. Supply chain structures can supply the goods at exact times.
Answer:
Check the explanation
Explanation:
Marginal revenue is the revenue earned by selling an additional unit of output. Marginal Revenue for fifteenth unit of output is calculated as below.
Marginal Revenue= 
=
Marginal Cost is the additional cost incurred on producing additional unit of output. Marginal Cost for fifteenth unit is calculated as below.
Marginal Cost= 
The marginal revenue when the quantity is 25 is
The marginal Cost when the quantity is 15 is
The marginal profit of a monopoly is 0 when the marginal profit is equal to the marginal cost. The monopoly produces at an output where the marginal profit is equal to zero.
Thus, the output produced by the monopoly is
The corresponding price set is at $70.
120 units
A perfectly competitive market produces an output where the marginal cost is equal to
the average revenue. Thus a competitive firm produces
The corresponding price is set at $50.
130 units)
The monopoly price $70 is higher than the competitive firm's price $50.
Hence, the correct option is
Fertilizer and manure can be added to the soil in order to increase the yield of crops. Fertilizer, however, has more nutrients in it and is therefore more beneficial to growing plants. Manure can be prepared in fields (created by animal and plant wastes) while fertilizer is created in factories (using chemical compounds). Manure provides humus to the soil while fertilizer does not, but fertilizer is absorbed by plants more quickly than manure.
Answer:
$16,050
Explanation:
The computation of the total amount of the period cost is shown below:
= Sales commission per unit × number of units sold + Fixed selling and administrative expense + Variable administrative expense per unit × number of units sold
= $1.80 × 4,500 units + $6,600 + $0.30 × 4,500 units
= $8,100 + $6,600 + $1,350
= $16,050
Answer:
household buying goods and services in the product market
Explanation:
The product market is where final goods and services are sold to households and firms.
The factor market is where factors of production are exchanged.
Mary is buying food for her cat. There are no indications that Mary is a business and that the food is a factor of production. Therefore, Mary is an household and she's purchasing from the product market.
I hope my answer helps you
