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andrew11 [14]
2 years ago
5

A monopolistically competitive firm maximizes profit in the short run by producing where?

Business
1 answer:
Olegator [25]2 years ago
5 0

In the short run, a monopolistically aggressive firm maximizes income or minimizes losses with the aid of producing that amount wherein marginal revenue = marginal cost. If the common total price is beneath the marketplace charge, then the company will earn an economic profit.

In a monopolistic market, a firm maximizes its overall income by way of equating marginal price to marginal sales and fixing for the fee of one product and the quantity it should produce.

A company in monopolistic competition maximizes profits by using identifying that fee and output at which: marginal price equals marginal revenue, or in which marginal value comes closest to marginal revenue without being greater than marginal revenue.

Learn more about monopolistic here: brainly.com/question/13113415

#SPJ4

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g The ____ is the average length of time to convert the firm's receivables into cash. Select one: a. payables deferral period b.
MAXImum [283]

Answer: D inventory conversion period

Explanation:

Inventory conversion period reports us about the average time to convert our total inventory into sales. It is relationship between total days in year and inventory turnover ratio. In other words, it measures the length of time on average between the acquisition and sale of merchandise.

5 0
3 years ago
Read 2 more answers
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $57,000, and the
gulaghasi [49]

Answer and Explanation:

The computation is shown below:

Contribution Margin for Bat

= $50 - $50

= $0

Contribution Margin for Gloves = $100 - $80

= $20

Now  

Overall Contribution Margin = (0 ×70%) + ($20 × 30%)

= $0 + $6

= $6

Now  

A. Break even sales = Fixed cost ÷ contribution margin

= $57,000 ÷  $6

= 9,500

B.Baseball bats = 9,500 × 70% =6,650

Baseball Gloves = 9,500 × 30% = 2,850

7 0
3 years ago
In what classification of consumer products would you consider dominos pizza? Why?
jasenka [17]

Domino's pizza is classified as convinence products.

<h3>What are continence products?</h3>

Convinence products are products or items consumer buys frequently or consistent and at instant without much effort applied into it or minimum effort.

Therefore, Domino's pizza is classified as convinence products because it does not require much effort to get them and it is frequently purchased by consumers.

Learn more about convinence products here.

brainly.com/question/4414292

8 0
2 years ago
Bob is evaluating a bond issue to determine the right price for the bond. In his evaluation, he gathers the following informatio
Elanso [62]

Answer:

The price of the bond is $1000. Thus, option a is the correct answer.

Explanation:

The price of a bond is calculated using the present value of the interest payments made by the bond, which is in the form of an annuity, plus the present value of the face value of the bond. The present value is calculated by discounting the annuity of interest and the face value by the YTM or yield to maturity. In case YTM is not provided, we assume that it is same as or equal to the coupon rate paid by the bond.

The formula for the price of the bond is attached.

Bond Price = 25 * [(1 - (1+0.025)^-8) / 0.025]  +  1000 / (1+0.025)^8

Bond Price = $1000

5 0
3 years ago
If the supply and demand curves for a product both decrease, then equilibrium
zhuklara [117]

Answer:

Letter c is correct

Explanation:

In this case, the amount of supply will be smaller and the price may remain, rise or fall. The factor that influences this price behavior is the law of supply and demand, it will determine what will be the prices of a market. So if there is a balance between supply and demand, the most likely to happen is price stabilization, which can be changed more or less depending on other economic factors that may arise, such as the emergence of a competitor.

8 0
3 years ago
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