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Masja [62]
2 years ago
10

In the short run, a profit-maximizing monopolistically competitive firm sets it price: A) equal to marginal revenue. B) equal to

marginal cost. C) above marginal cost. D) below marginal cost.
Business
1 answer:
Taya2010 [7]2 years ago
3 0

In the short run, a profit-maximizing monopolistically competitive firm sets it price: above marginal cost. Option C. This is further explained below.

<h3>What is marginal cost?</h3>

Generally,  The marginal cost of production is the incremental cost incurred to produce one more unit of a good or service.

In conclusion, Initially, a monopolistically competitive business sets its price at a level above its marginal cost in order to maximize its profits.

Read more about marginal cost

brainly.com/question/7781429

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You are comparing two investment options. The cost to invest in either option is the same today. Both options will provide you w
Bad White [126]

Answer:

Option A is the better choice of the two given any positive rate of return.

Explanation:

5 0
3 years ago
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The Smiths are purchasing a completely furnished cottage on a lake. They have obtained a deed of trust loan to cover the price o
Pachacha [2.7K]

The type of financing that includes the purchasing of furnished cottage on a lake with the full deed is called as a package deed of trust

Explanation:

Package deed of trust will involve the third party and they will serve as the trustee in between the lender and the borrower and the property will be in the hands of the trustee until the lender pay off the the loan

This will transferred with the legal property and they will hold the security loan and it will be made equitable and the title will remain with the borrower until they pay of the money

8 0
3 years ago
What is a similarity between trade sales promotion and consumer sales promotion?
lubasha [3.4K]

Answer:

Both focus on providing incentives to consumers or wholesalers to make an immediate purchase.

Explanation:

Trade sales promotion serves a purpose of taking products out of warehouses to points of retails where consumers can make purchases. The consumer sales promotion pulls customers into retail stores to promotional display units, giving shoppers the incentive to make an immediate purchase.

The Consumer sales promotion and trade sales promotions share a similarity. They are both used in helping to drive short-term consumer demand for products by giving consumers or wholesalers the incentive to purchase now or incentive to make an instant payment.

3 0
3 years ago
Rizio Co. purchases a machine for $12,500, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took
ollegr [7]

Answer:

Cost recorded for this machine = $14,240

Explanation:

Particulars                                       Amount

Invoice Price                                   $12,500

Less: Cash Discount                       <u>$250</u> (12,500*2%)

Net Purchase Price                        $12,250

Add: Transportation Costs             $360

Add: Power Connections               $895

Add: Assemble Cost                       $475

Add: Material used                   $40

Add: Repair                                      $180

Add: Material used in adjusting      <u>$40      </u>

Amount to be capitalized              <u>$14,240 </u>

Note: <em>The repair cost is included because it is incurred before machine is put in operation.</em>

6 0
3 years ago
_____ businesses are important to the U.S. economy because, among other things, they employ about half of all private sector emp
skad [1K]

Answer: (D) Small

Explanation:    

 A small business plays an important role in the US (United states) economy as the small business basically contributing in the various types of local economical growth and also in the GDP (Gross domestic product).

The small type of business is also helps in proving the various types of employment related opportunities in the corporation o the basis of small business administration.

According to the given question, the small business is basically paying 42% in the private payroll in the united states and approximate 37% to the workers such as computer programmers, scientists and the engineers.  

 Therefore, Option (D) is correct answer.    

   

8 0
3 years ago
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