1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slava [35]
2 years ago
10

What output quantity will the monopolistically competitive firm produce to maximize profits?

Business
1 answer:
saveliy_v [14]2 years ago
4 0

The output quantity which the monopolistically competitive firm produce to maximize profits is when, "the marginal cost equals the marginal revenue."

In the monopolistically competitive firm, a monopolist can determine its profit-maximizing price and quantity by analyzing the marginal revenue and marginal costs of producing an extra unit. If the marginal revenue exceeds the marginal cost, then the firm should produce the extra unit.

The profit-maximizing quantity is the one at which the marginal revenue of the last unit was exactly equal to the marginal cost. Thus, producing any more or less would decrease profits.

Hence, the monopolistically competitive firm produce output quantity when the marginal cost equals the marginal revenue.

To learn more about the marginal cost and marginal revenue here:

brainly.com/question/14156745

#SPJ4

You might be interested in
Greg is compiling a survey on consumer preferences. In order to achieve the most accurate snapshot of their likes and dislikes,
erik [133]

It is false that the allocation of approximately 20 minutes to answer the questionnaire will allow to achieve the most accurate snapshot of their likes and dislikes on the consumer preferences survey.

The method of data collection used in this case is known as Questionnaire.

  • The number of minute used by respondent to answer question on the questionnaire does not determine the accuracy of their inputs.

In conclusion, It is false that the allocation of approximately 20 minutes to answer the questionnaire will allow to achieve the most accurate snapshot of their likes and dislikes on the consumer preferences survey.

Read more about Respondent:

<em>brainly.com/question/18151532:</em>

<em />

8 0
2 years ago
Franchising is a contractual agreement between a firm, the franchisor, and another firm or individual, known as the ______.
xxTIMURxx [149]

Franchising is a contractual agreement between a firm, the franchisor, and another firm or individual, known as the franchisee.

8 0
3 years ago
Investment companies or mutual funds that continue to sell and repurchase shares after their initial public offerings are referr
Furkat [3]

Answer:

Open end

Explanation:

Open end otherwise known as mutual fund are those investments offered through fund companies which sells shares directly to investors. In an open end fund investment, there is no limit to the number of shares that can be offered therein. The shares traded are unlimited which means that shares can be issued in as much can be backed up with funds.

The prices for open end funds are fixed once daily which shows the performance of the investment for that day hence the only price at which investment shares can be bought for that day.

5 0
3 years ago
1. A master budget________. a) is the initial plan of what the company intends to accomplish in the period and evolves from both
Korolek [52]

Answers:

The correct answer is 1. a) is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions. 2. d. budgeted income statement.

Explanation:

To begin with, a budget is an estimate of the expected results of a specific area in a given period, mainly one year. For its part, the master budget is a plan that covers all areas of the company, and can be adjusted depending on the situations or events that influence the achievement of results. This tool allows a projection of the expected returns taking into account a previous base and the current situation of the sector in which it is located, which is why it is important because it allows drawing a road map for the benefit of all collaborators.

6 0
3 years ago
Beck Corp. issued 200,000 shares of common stock when it began operations in year 1 and issued an additional 100,000 shares in y
Airida [17]

Answer:

225,000 shares

Explanation:

A company's shares outstanding refers to the total number of shares investors currently own.

Beck Corp. issued 200,000 shares of common stock when it began operations in year 1 and issued an additional 100,000 shares in year 2.

In year 3, Beck purchased 75,000 shares of its common stock and held it in Treasury.

At December 31, year 3, the number of shares of Beck's common stock were outstanding is

200,000 shares in year 1

100,000 shares in year 2

Total Common Stock = 300,000

less: Treasury Stock of    75,000

Outstanding Stock = 225,000 shares

5 0
4 years ago
Other questions:
  • In a statement of cash flows: Multiple Choice No noncash transactions are reported in the statement itself or the related footno
    9·1 answer
  • Stevens Clothing Company has four warehouses spread throughout the country. The company is considering building another warehous
    14·1 answer
  • Sunshine Smoothies Company (SSC) manufactures and distributes smoothies. SSC is considering the development of a new line of hig
    9·1 answer
  • The Can Division of Sheffield Corp. manufactures and sells tin cans externally for $0.60 per can. Its unit variable costs and un
    10·1 answer
  • Which type of economy best represents individual preferences and a lack of government interference?
    10·1 answer
  • Suppose workers notice a fall in their nominal wage but are slow to notice that the price 0fthings (actual
    5·1 answer
  • As a functional area of business, _____ measures, summarizes, and communicates financial and managerial information and advises
    10·1 answer
  • Which of the following would be the most beneficial college course for an aspiring photojournalist to take?
    9·2 answers
  • Scenario: Hannah has started a handmade candle business as a side hustle to help her to build an income, she currently has the t
    8·1 answer
  • A facility that allows the user to speak into a special device while typing a letter using computer is called
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!