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
kotykmax [81]
2 years ago
7

Does a competitive firm’s price equal its marginal cost in the short run, in the long run, or both? explain.

Business
1 answer:
svlad2 [7]2 years ago
5 0

The price of a firm is equal to its marginal cost in both the short and long run. In both the short and long run, price equals marginal revenue. Firms should increase output as long as marginal revenue exceeds marginal cost, and reduce output if marginal revenue is less than marginal cost.

Revenue is the gross income derived from the sale of goods and services related to the company's main activities. Commercial income is also called sales or earnings. Some companies derive their income from interest, royalties, or other fees.

Revenue is the gross income a business generates from its core business, such as sales of products and services, property rentals, regular payments and interest on loans. Sales are calculated before deducting costs such as discounts and returns.

Learn more about revenue here:brainly.com/question/25623677
#SPJ4

You might be interested in
Describe strategies that companies can employ to help ensure that employees approach transfers and promotions, particularly when
zepelin [54]

Answer:

The description according to another circumstance is summarized throughout the subsection below.

Explanation:

Younger employee transactions including advancement throughout particular on the change to investment opportunities whenever employers have a comprehensive relocation as well as transition strategy in anything other than a manner however to employee retention.

<u>Almost all of the given opportunities to handle relocations or transitions:</u>

  • Modification of incentives as well as payouts.
  • Additional help in the sale or purchase of the property.
  • Starting to move your spending.

Share information sufficiently about everything from the intent of displacement so it appears to either the individual whereby he or she is of importance to either the mission.

4 0
3 years ago
Pete's Putters sells each putter for $125. The variable cost is $60 per putter and fixed costs total $400,000. Based on this inf
Andreas93 [3]

Based on this information $380,000

<h3>What is information?</h3>

Data is processed, organized, and structured. It contextualizes data and facilitates decision-making processes. A single customer's sale at a restaurant, for example, is data; this becomes information when the business can identify the most popular or least popular dish.

Facts and text features such as a table of contents, pictures, captions, bold print, and a glossary are examples of informational text characteristics. These characteristics assist the reader in finding information, supplementing information presented in text, drawing the reader's attention to key words, and explaining what words mean.

An information asset is a collection of information that is defined and managed as a single unit so that it can be efficiently understood, shared, protected, and exploited. Information assets have measurable and manageable value, risk, content, and complexity.

To know more about information follow the link:

brainly.com/question/1299137

#SPJ4

8 0
2 years ago
If creditors add finance charges after subtracting payments made during the billing period, this is called the: A. APR method. B
vladimir1956 [14]

The correct answer is D. Adjusted balance method.

Adjusted balance method in termed as the method which is being used by finance companies and banks to calculate for finance charges or interest income. which is known to be associated with credit card account or bank account.

The finance waits to aggregate all the adjustments and also calculates finance charges or interest rates by the end of billing period which will depend with the ending balance.

6 0
3 years ago
Read 2 more answers
Can I have some help?
Kisachek [45]

Answer:

b

Explanation:

8 0
3 years ago
A senior licensed professional engineer with 30 years of experience in geotechnical engineering is placed in charge of a multidi
yKpoI14uk [10]
This arrangement is ethical as long as the engineer signs and seals each design segment only after it has been reviewed by an independent consulting engineer who specializes in the field which it pertains.<span> If what she was dealing is not her field of expertise, she needs to have the aid of independent engineer who can verify the work passed to her before she signs the design segment.</span>
5 0
3 years ago
Other questions:
  • I tend to be skeptical in dealing with others at work
    9·1 answer
  • The following information has been taken from the ledger accounts of Bridgeport Corporation.
    7·1 answer
  • Government is typically a​ ________.
    6·1 answer
  • Employees with _____, in which work output is exchanged back and forth among individuals, should be organized into teams to faci
    11·1 answer
  • The performance of personal and business investments is measured as a percentage called "return on investment." What type of var
    7·1 answer
  • E14-18 Note with unrealistic interest rate; lender; amortization schedule. Amber Mining and Miling, Inc., contracted with Truax
    15·1 answer
  • Help for 10 stars pls . how can i make money eficently if i cant run a lemonade stand or do chores
    6·1 answer
  • At the beginning of its current fiscal year, Willie Corp.’s balance sheet showed assets of $11,400 and liabilities of $5,700. Du
    5·1 answer
  • The owner of a leased property conveys possession of the property to the tenant providing them with uninterrupted us of the prop
    7·1 answer
  • What are the key elements of communication process?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!