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NeTakaya
2 years ago
6

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

Business
1 answer:
hammer [34]2 years 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

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OlgaM077 [116]

To obtain approval for the scope document, the project manager will interview input from key stakeholders to determine if the scope needs additional changes.

A scope document is simply a piece of formal documentation which is outlining both product scope and as well as the project scope. Before diving into a new project, the project manager and his team and any other stakeholders will need to agree on the scope of the project.

So, it is the responsibility of one of the project manager to ensure that only the needed work will be performed and that each of the deliverables can be completed in the allotted time and within the estimated budget.

Hence, option A is correct.

To learn more about the scope document here:

brainly.com/question/15229575

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6 0
1 year ago
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TiliK225 [7]

Answer:

A is the correct answer

Explanation:

Most small businesses use a simple organizational structure. In this, decision making is centralized with the owner. It doesn't have any formal departments and layers. There are both advantages and disadvantages of running the company with this structure. It enables the owner to keep tight control over the company's operation. No decisions can be made without the owner's approval and the owners of aware of every decision made. These companies make decisions quickly as there are no layers of management where the request needs to climb before approval.

6 0
3 years ago
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When production actually starts, management will try to either keep to that range or exceed it so as to meet or exceed expectations. And even if they don't meet this expectation, they use this relevant range to compare to the actual range for performance evaluation.

4 0
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3 years ago
Victoria is a top executive working with the managers in the major divisions of a multinational corporation to develop their own
fredd [130]

Answer:

The answer is B

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So, in this case, top executive working with the managers in order to develop or create their own goals. This approach is known as the top down leadership.And under this the tasks, projects are then communicated to the teams.

5 0
4 years ago
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