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NeTakaya
1 year ago
11

The MR = MC rule can be restated for a purely competitive seller as P = MC because:?

Business
1 answer:
Anit [1.1K]1 year ago
6 0
1 each additional unit of output adds exactly its price to total revenue
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"The factor(s) which cause(s) a movement along the demand curve include(s):
Oksanka [162]

Answer: Option D

Explanation: In simple words, movement along the demand curve refers to the change in the demand of a product due to change in its price. When there is a change due to factors other than price then such change brings shift in the demand curve.  

In the movement, the demand of a commodity remains constant with all other factors such as advertising, income of consumers etc.

Hence from the above we can conclude that the correct option is D.

8 0
3 years ago
An example of a loan that tends to have a lower interest rate is a(n) __________ loan.
Setler79 [48]
The answer is : A. Home loan

Home loan only have about 4 -5 % interest rate. Compared to other options :

- Credit Card Loan : about 15 %  of interest rate
- Paycheck Loan : also about 15 % of interest rate
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6 0
2 years ago
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A drink manufacturer finds setting up a plant to make its own bottle caps expensive and technically difficult. Which of the foll
Salsk061 [2.6K]

Answer:

A) Outsourcing

Explanation:

Outsourcing refers to a business practice where a company gets some of the intermediate goods or services it needs from external suppliers (other companies). Usually outsourcing is carried on by companies in order to reduce costs, e.g. customer service calls handled by Indian companies because Indian workers earn a much lower salary than American workers.

3 0
3 years ago
A study of an association between which ear is used for cell phone calls and whether the subject is​ left-handed or​ right-hande
Mandarinka [93]

Answer:

14.34%

Explanation:

To find the percentage of returned surveys over the total we divide and then multiply:

(717/5000)*100= 14.34%

The response rate appears to be low because it is less than 50% (which would be 2500 return surveys). Some statistical studies agree that 30 is the minimum number of observations a study must have, but this number does not ensure statistically significant results.  

The problem with a very low response rate is that survey´s answers does not significant represent the study population characteristics and so we cannot make inferences, correlations or regressions that are statistically significant. In this case, the conclusions that scientists make about association between the left-handed population and right-handed population with the use of cell phone calls could be wrong or not represent the population characteristics, which means answers are not trustful.  

8 0
3 years ago
Take it and go don't wast my time
BartSMP [9]

Answer:

thanks man

Explanation:

7 0
3 years ago
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