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Ket [755]
1 year ago
12

A competitive firm maximizes profit by choosing the quantity at which.

Business
1 answer:
photoshop1234 [79]1 year ago
7 0

Profit maximization can be achieved by a competitive corporation by choosing a quantity of output such that marginal revenue equals marginal cost.

<h3>How does a corporation maximize its profit?</h3>

A corporation maximizes income via way of means of operating wherein marginal revenue equals marginal price. The corporation chooses quantity in order for that rate to equal marginal value so that it can maximize its profit.

Therefore, When the marginal revenue for an aggressive corporation equals the market rate, the firm maximizes its profit.

learn more about profit maximization here:

brainly.com/question/4171648

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Why is accounting hard?
hjlf

Answer:

Accounting can be tough. ... The course load is quite intense, with classes in mathematics, finance, business, and accounting. While some concepts can be challenging, by studying the material and taking the time to make sure you fully understand accounting principles, you can be successful.

<h3>Please mark as brainliest</h3>
6 0
2 years ago
Assume Merck (MRK) just announced that its next dividend will be $2, paid one year from now (you just missed the prior annual di
Ludmilka [50]

Answer:

$28.57

Explanation:

Current price = D1/(Required return-Growth rate)

D1 (Next dividend) = $2

Required return = 10% = 0.1

Growth rate = 3% = 0.03

Current price = $2/(0.1-0.03)

Current price = $2 / 0.07

Current price = $28.57143

Current price = $28.57

Hence, i will be willing to pay $28.57 for a share of Merck stock.

8 0
3 years ago
1. To gain profit and earn a living.​
liraira [26]

Answer:

what is your question though? I don't understand

8 0
3 years ago
Read 2 more answers
When a company sells property and then leases it back, any gain on the sale should usually bea. deferred and recognized as incom
Julli [10]

Answer: A. deferred and recognized as income over the term of the lease.

Explanation:

In a sale-leaseback transaction, that is when a property is sold by a company and leased back, the property seller is the lessee and the property purchase is the lessor. In this case, a sale-leaseback will allow a company to sell an asset so that the company can raise capital, after which the asset can then be leader back.

When a company sells property and then leases it back, any gain on the sale should usually be deferred and recognized as income over the term of the lease.

6 0
3 years ago
Annual Income Statement Data Selected Year-End Balance Sheet Data Sales $ 50,000 Prepaid expenses increase $ 3,000 Expenses: Inv
Solnce55 [7]

Answer:

see calculation and working below

Explanation:

operating activities section

Net income                                                               $ 8,500

Adjust for changes in non- cash items :

Amortization expense                                                $1,500

Adjust for changes in working capital :

Prepaid expenses increase                                   ($ 3,000)

Inventory increase                                                     ($500)

Accounts payable decrease                                   ($1,000)

Net Cash Provided by Operating Activities            $5,500

6 0
3 years ago
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