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2 years ago

Assuming a firm is selling its output in a purely competitive market, its resource demand curve can be determined by?

1 answer:

5 0

Assuming a firm is selling its output in a purely competitive market, its resource demand curve can be determined by Multiplying marginal product by product price.

A competitive marketplace is a term in economics that refers to a market in which there are a large quantity of customers and sellers and no single customer or seller can have an effect on the marketplace. competitive markets haven't any limitations to entry, plenty of consumers and sellers, and homogeneous products.

Summary. The version to take a look at supply and call for is known as the competitive market version. within the aggressive marketplace, we assume products are homogeneous, and there may be no supplier or purchaser energy.

A free market is a market that has restrained government involvement. marketplace systems can normally be divided into four types. a wonderfully competitive market is one wherein there are a big number of small firms promoting identical products.

Learn more about the competitive market, here:

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Which of the following statements is a strong reason for giving credit to sources of data in a formal business document?

lapo4ka [179]

Answer:

A). It shows you have done solid research to back up your conclusions

Explanation:

(APEX CONFIRMED)

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3 years ago

Read 2 more answers

The Sugar Sweet Company will choose from two companies to transport its sugar to market. The first company charges $3995 to rent

notsponge [240]

For Q1, you have to set these equations equal to each other because it is asking how much of x is necessary to make the same amount of y, so:

3995 + 225.50x = 6500 + 100.25x

solve for x:, and get x=20

so 20 tons of sugar will give the companies the same cost.

For Q2: you need to plug in x=20 into either one of the original equations, and solve for y because this will give you the cost of transportation, so:

y= 3995 + 225.50(20)

y=$8,505 for the total cost

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3 years ago

Why are files naming conversation essential

PIT_PIT [208]

Without everyone using the same system, it would be impossible to know locate folders or files. Where would you go to set up margins on a letter? Which actions should be done throughout the mail merge process?

I Hope I Helped

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3 years ago

The Acme Corporation has been acquired by the Conglomerate Corporation. To help finance the takeover, Conglomerate is going to l

vovangra [49]

Answer:

The one-year liquidity index for these securities is 0.862

Explanation:

For computing the liquidity index, we have to use the formula which is shown below:

= (IBM stock face value ÷ total amount of face value) × (IBM current liquidation value ÷ IBM one year liquidation value) + (GE stock face value ÷ total amount of face value) × (GE current liquidation value ÷ GE one year liquidation value) + (Treasury securities stock face value ÷ total amount of face value) × (Treasury securities current liquidation value ÷ Treasury securities one year liquidation value)

where,

total amount of face value = IBM stock face value + GE stock face value + Treasury securities face value

= $15,000 + $6,000 + $20,000

= $41,000

Now put these values to the above formula

= ($15,000 ÷ $41,000) × ($14,900 ÷ $15,500) + ($6,000 ÷ $41,000) × ($3,000 ÷ $3,400) + ($20,000 ÷ $41,000) × ($15,000 ÷ $19,000)

= 0.365 × 0.961 + 0.146 × 0.882 + 0.487 × 0.789

= 0.350 + 0.128 + 0.384

= 0.862

Hence, the one-year liquidity index for these securities is 0.862

8 0

3 years ago

What is the best way to display data if you have more than 10 results?

Yuri [45]

It would depend on the topic
Some options:
-Bar graph
-Line graph
-Pie chart
-Area chart
-Scatter chart
-Histogram
-Map
-Funnel chart

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3 years ago