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
irina [24]
2 years ago
5

a. The equality of MR and MC is essential for profit maximization in all market structures because if

Business
1 answer:
ozzi2 years ago
3 0

The equality of MR and MC is essential for profit maximization in all market structures because if MR and MC are equal, any other output level will result in reduced profits.

<h3>What is profit maximization?</h3>

This is when a firm or an organization is able to make profit from its produced. Profit maximization is the traditional approach and the primary objective of financial management.

When profit is maximized there is a high revenue which can be used for business expansion. Profit maximization is the core goal of every business that can be cons. It implies that every decision relating to business is evaluated in the light of profit.

Learn more about profit maximization here: brainly.com/question/13464288

#SPJ1

You might be interested in
The natural rate of unemployment will help determine
kotykmax [81]
<span>The point of the long-run aggregate supply curve.

I hope this helps!
</span>
4 0
3 years ago
Read 2 more answers
Both dual enrollment and AP courses offer the following possibilities except that
Artemon [7]
AP gives you a higher grade point average. Although, Duel Enrollment just requires you to pass the class but AP requires the test to be taken and passed to count towards college education.
6 0
3 years ago
A personal characteristic that fosters organizational politics is a) the desire to help. b) need for power. c) drive to be a vis
DanielleElmas [232]

Answer: b) need for power.

Explanation:

Organizational politics are activities that people engage in to be able to further their personal interests even if these interests are not always in the best interest of the company itself.

To be able to further their interests, they need power and influence which means that the personal characteristic that fosters organizational politics is the need to have power.

7 0
3 years ago
If the marginal product of labor is increasing, the marginal cost of output must be
SVETLANKA909090 [29]
Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.



If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.



Hope that helps!!!
4 0
3 years ago
This software application can be used to organize, analyze, and illustrate data.
PSYCHO15rus [73]

Answer:

its Excel :)

Explanation:

I learned abt it

4 0
3 years ago
Other questions:
  • what is the amount of the overall tax (corporate level + shareholder level) on the $590.000 of pre-interest expense earnings if
    15·2 answers
  • The ____ shows an organization's profit over a period of time.
    11·2 answers
  • What is the overriding goal of a customer relationship management system?
    7·1 answer
  • Which of the following statements is (are) TRUE?
    9·1 answer
  • The debit side of an account
    11·1 answer
  • Select all that apply. Choose the numbers that are factors of 50. 2 25 4 8 10 15dfguyaedudgasgas
    9·2 answers
  • Determine which one of these three portfolios dominates another. Name the dominated portfolio and the portfolio that dominates i
    11·1 answer
  • PLEASE HELP ASAP::::
    15·1 answer
  • If a company uses the periodic inventory system, what is the impact on net income of including goods in transit f.o.b. shipping
    11·1 answer
  • Latasha is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!