If the firm can increase its profit by increasing its output then the firm is not producing at where the marginal cost is equal to the marginal revenue. A profit-maximizing firm in a competitive market will produce its output at the point in which MC=MR.
The model that requires a manager to assess her own style and her situational control is<u> "Fiedler's contingency model".</u>
The Fiedler Contingency Model was made in the mid-1960s by Fred Fiedler, a researcher who contemplated the identity and qualities of pioneers.
The model expresses that there is nobody best style of initiative. Rather, a pioneer's adequacy depends on the circumstance. This is the aftereffect of two components – "leadership style" and "situational idealness" (later called "situational control").
Answer:
classroom teaching and lectures
Explanation:
Classroom teaching and lectures -
It is the method , to acquire and gain knowledge , within a classroom , by the help of a lecturer or teacher .
In a classroom , the teacher in light the class with knowledge by using interesting ways to make the students understand the topic clearly .
Hence , the correct answer for the given information is classroom teaching and lectures .
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Answer: $8750
Explanation:
The amount of gross margin that resulted from these business events will be calculated as:
Purchase = $10000
Less: Purchase discount = $10000 × 2% = $200
Add: Freight paid = $450
Total purchase = $10250
Gross margin = Sales - Total Purchases
= $19000 - $10250
= $8750
