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2 years ago

HELPPPPPPP

Business

1 answer:

GenaCL600 [577]2 years ago

3 0

The information given regarding the marginal revenue is illustrated below.

<h3>How to illustrate the information?</h3>

Marginal revenue is the increase in revenue that results from the sale of one additional unit of output.

While marginal revenue can remain constant over a certain level of output, it follows from the law of diminishing returns and will slow down when the output level increases.

Here, the price effect dominates the quantity effect so he cannot increase the production from 7 units to 8 units.

Learn more about marginal revenue on:

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It is possible to possess elements of more than one learning style.

kramer

Yes it is possible to posses elements of more than 1.

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3 years ago

Cosmo has just made his dream come true of buying the property that his restaurant occupies. His excitement is short lived, howe

forsale [732]

Answer:

Realistic aspect

Explanation:

Considering the scenario described in the question it can be concluded that Cosmo shifted his focus onto which REALISTIC aspect of goal-setting theory.

This is because following Cosmo making his dream come true of buying the property that his restaurant occupies, the idea that he could rent out the storefront next to the restaurant for added income is a REALISTIC Aspect of Goal Getting.

This implies that Cosmo is more realistic in terms of his financial abilities and willingness to work toward the goal of paying off the mortgage loan

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3 years ago

Goldin Corporation currently pays its salesperson a flat salary of $5,000 per month and is considering paying him $20 per unit i

Naddik [55]

Answer:

The net operating income will c. increase by $7,000

Explanation:

The formula to calculate net operating income is =

Gross income - Operating expenses

If Sales are equal to 200 units and the payment for a salesperson is

a flat salary of $5,000

Gross income = 200 * $80 = $16,000

and

Operating expenses = $5,000

Net operating income = $16,000 - $5,000 = $11,000

If we rise the Sales to 300 units then the payment for the salesperson will be 20$ * 300 = $6,000.

Gross income = 300 * $80 = $24,000

and

Operating expenses = $6,000

Net operating income = $24,000 - $6,000 = $18,000

$18,000 - $11,000 = $7,000

6 0

3 years ago

2. What is a stock exchange?

Arlecino [84]

Answer: A stock exchange, share market or <em>Bourse </em>is a place where people meet to buy and sell shares of company stock. Some stock exchanges are real places, like the <em>New York Stock Exchange</em>, others are virtual places <em>the NASDAQ.</em>

Explanation:

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3 years ago

If a price ceiling is not binding, thena. the equilibrium price is above the price ceiling.b. the equilibrium price is below the

IgorLugansk [536]

B. The equilibrium price is below the price ceiling.

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3 years ago