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dlinn [17]
2 years ago
14

If the industry were perfectly competitive the quantity of output produced would be?

Business
1 answer:
NeTakaya2 years ago
3 0

If the graph represented a perfectly competitive industry, then the quantity of output produced would be 160 units.

<h3 /><h3>What is the quantity produced in a perfectly competitive industry?</h3>

Companies in any industry would try to maximize their profit by producing at a point where marginal revenue is the same as marginal cost.

This is the same in perfectly competitive industries like the ones shown in the graph.

The difference is that, in a perfect competition market, the demand curve is the same as the price which is also the same as the marginal revenue curve.

This means that the point of maximizing profit in a perfectly competitive industry is:

P = MR = MC

The point where the Marginal revenue curve intersects with the Marginal cost curve is 160 units as the marginal revenue curve is the demand curve.

In conclusion, the output would be 160 units.

Find out more on maximizing production at brainly.com/question/24860119

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3 years ago
Assume company x deposits $100,000 in cash in commercial bank. If no excess reserves exist at the time this deposit is made and
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Assume company x deposits $100,000 in cash in a commercial bank. If no excess reserves exist at the time this deposit is made and the reserve ratio is 20 percent, the bank can increase loans by a maximum of $500,000.

Reserve ratio = 20% = 20/100 = 0.25

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= $ 500,000.

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2 years ago
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The important to decouple deployment from release is to enable deploying upon demand. The correct option is (b).

<h3>What do you mean by the decouple deployment?</h3>

Decoupling deployment from release enables you to push code anywhere without disclosing it to consumers and, as a result, without affecting their experience.

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Deploying those components initially doesn't have to be especially laborious or slow in order to decouple processes.

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The following information is provided by the Town of York's General Fund operating statement and budgetary accounts for the fisc
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Answer

The answer and procedures of the exercise are attached in the following image.  

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