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
NeTakaya
1 year ago
6

For what range in marginal cost will the firm continue to charge a price of $60?

Business
1 answer:
hammer [34]1 year ago
5 0

Range for marginal cost  =  $20 to $50

Since at the price of $60 total Marginal revenue on demand curve two  =  $20

 Total Marginal revenue on demand curve on =$50

Hence $60 for the product is optimum for the range of marginal cost from $20 to $ 50.

Since the optimum level of price is where marginal cost is equal to marginal revenue.

The marginal cost of production includes all costs that vary with that level of production. For example, if a company needs to build an entirely new factory to produce more goods, the cost of building the factory is the marginal cost.

Marginal Cost = Change in Total Cost / Change in Quantity. Change in Total Cost = Total Cost of Manufacturing Including Additional Units – Total Cost of Manufacturing Regular Units. Quantity Change = Full Quantity Product with Additional Units - Full Quantity Product in Regular Units.

Learn more about Marginal Cost here: brainly.com/question/17230008

#SPJ4

You might be interested in
The lifo cost flow assumption assumes that the cost of items purchased ______ are the costs that will be transferred first to co
kkurt [141]
Answer:
-Latest
-Income Statement
3 0
2 years ago
"Income tax was $175,000 for the year. Income tax payable was $30,000 and $40,000 at the beginning and end of the year, respecti
kolezko [41]

Answer:

Cash payments for income tax  = $165000

so correct option is C. 165,000

Explanation:

given data

Income tax = $175,000

beginning tax payable = $30,000

end of the year tax payable = $40,000

to find out

Cash payments for income tax reported on the statement of cash flows

solution

we get here Cash payments for income tax that is express as

Cash payments for income tax  = Income tax  + beginning tax payable - end of the year tax payable      ..............................1

put here value we get

Cash payments for income tax  = $175000 + $30000 - $40000

Cash payments for income tax  = $165000

so correct option is C. 165,000

5 0
2 years ago
An industry leader may be joining the project team and can potentially provide additional expertise. What strategies should the
lesya692 [45]

Answer:

1) Finalizing Project Details

2) Setting Clear Expectation

3) Choosing the right team and system

4) Defining milestones

5) Establishing clear communication

6) Managing project risks

7) Avoiding scope creep

8) Evaluating the project after compilation

Explanation:

The project manager is responsible for achieving the project objectives. The main objectives of project management are:

- Establish clear, useful and achievable goals and establish contacts

- Providing project requirements, such as the workforce, required information, various contracts, materials or technologies required to achieve the project objectives

- Elimination of cost, time, scope and quality constraints of the project management triangle

The project manager is a client representative and with the support of the organization they represent, it is necessary to identify and fulfill the client's needs. Installation ability, cost, time, quality and above all are essential to customer satisfaction.

Main functions:

- To be sure why the project is so important

- Determine the quality of the project products

- Engineer supplies

- time of formation

- Investment, partnership agreement and welding

- Adapt the management plan to the project

- Creation and motivation

- Project risk assessment and change

-Development

- Shareholder management

- Good governance

- Completion of the project

The main strategies which are appeared as result of the actions and functions of the project manager is:

1) Finalizing Project Details

2) Setting Clear Expectation

3) Choosing the right team and system

4) Defining milestones

5) Establishing clear communication

6) Managing project risks

7) Avoiding scope creep

8) Evaluating the project after compilation

7 0
3 years ago
Ms. Pear owned 1,000 shares of YZ Corporation which she had purchased in Year 1 at a cost of $12 per share. In Year 3, she recei
Neko [114]

Answer:

$2,000

Explanation:

Ms. Pear invested $12,000 in 1,000 shares of YZ Corporation. After the dividends she received and the stock split, she ended with 2,400 shares. Since she sold 400 shares, it represents 16.67% of her total shares (= 400 / 2,400). To determine the basis for the 400 shares she sold all we need to do is multiply 16.67% x $12,000 (initial investment) = $2,000

7 0
3 years ago
Messaging systems range from semi-public systems such as standard text messaging on mobile phones, to private systems that are c
Taya2010 [7]

Answer:

True.

Explanation:

Messaging systems range from semi-public systems such as standard text messaging on mobile phones, to private systems that are closed to anyone outside of invited members.

A messaging system can be defined as an electronic device which enables users to send text messages to one or more users depending on the configuration and it ranges from semi-public systems to private systems.

In a semi-public messaging system, messages can be sent between users with little or no restriction to who can send or receive these messages. An example is sending short standard text on mobile phones.

On the other hand, a private messaging system is a type of system that denies access to individuals outside of the group, only invited members are able to send and receive messages.

7 0
3 years ago
Other questions:
  • Your company has recently requested that you travel to Dhaka, Bangladesh, to work on negotiations for a new factory to be locate
    11·1 answer
  • Which is correct when finding profit?
    7·1 answer
  • As a result of the growing trade with the Europeans, the Woodland Indians gradually abandoned their culturally based system of t
    9·1 answer
  • Dionne just learned that her company will be announcing layoffs at the end of the month. She is completely overwhelmed by the ne
    7·1 answer
  • Before you role out or disbute a presentation
    8·1 answer
  • Which of the following situations demonstrates informational technology
    9·1 answer
  • Indicate by how much net income in the income statement is higher or lower if the adjustment is not recorded. (Do not round inte
    8·1 answer
  • Terra Corp. is incorporated in Florida with its principal office in Destin. Phyllis is the president of Terra Corp. and owns 51%
    8·1 answer
  • Calculate percent change if the original value of your stock was $25 and the new value of your stock $30
    14·2 answers
  • Why would a company’s manager be concerned about the quantity of its purchases returns if its suppliers allow unlimited returns?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!