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Sedbober [7]
1 year ago
15

assume the price of a product sold by a purely competitive firm is $5. given the data in the accompanying table, at what output

level is total profit highest in the short run? output total cost 20 $70 25 75 30 85 35 100 40 125 45 155 50 190 group of answer choices 20 50 40 30
Business
1 answer:
Anna35 [415]1 year ago
6 0

The output level is total profit highest in the short run is 40 .

<h3>What is meant by short run ?</h3>

The idea of the short run states that some inputs will be constant while others will change over a specific period of time. It expresses the notion that an economy responds to particular stimuli differently depending on the amount of time it has to do so.

In the short run, certain production parameters are stable and some are flexible. Only by increasing the application of the variable factor can output be enhanced. The scale of manufacturing stays steady in the short term. The lengthy run is a time when all production factors are erratic.

To learn more about short run refer to :

brainly.com/question/24088447

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a strategy involves employing essentially the same strategic theme (low-cost, differentiation, focused, best-cost) in all countr
harkovskaia [24]

The correct answer is option B. Transnational strategy involves employing essentially the same strategic theme in all country markets while allowing some country-to-country customization to fit local market conditions.

In its operations, a transnational strategy makes use of a high degree of local responsiveness and a high degree of global integration. It aims to standardize as much as it can while simultaneously localizing its offerings to each worldwide market. Offering specialized goods and services for regional markets while maintaining a high level of standardization to gain from economies of scale is the aim of multinational strategy.

Large corporations that have a variety of subsidiaries, branches, or offices across numerous international markets frequently employ transnational strategy. Determining what remains constant across all worldwide communications and processes and where local subsidiary adjustments in global marketplaces are changed or authorized presents a difficulty.

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5 0
1 year ago
Witch type of group discussion requires a lot of active participation from the audience?
BARSIC [14]

Class participation

7 0
3 years ago
Read 2 more answers
On December 30, Year 12, AGH, Inc. purchased a machine from Grant Corp. inexchange for a zero-interest-bearing note requiring ei
andrey2020 [161]

Answer:

$329,840

Explanation:

Calculation to determine the net note payable to Grant

Net note payable to Grant=$70,000 × 4.712

Net note payable to Grant= $329,840

OR

Net note payable to Grant= ($70,000 × 5.712) – $70,000

Net note payable to Grant= $329,840

Therefore On AGH's December 31, 2017 balance sheet, the net note payable to Grant is:$329,840

6 0
3 years ago
4. Malik's father recently died. His dad had an insurance
Salsk061 [2.6K]

The type of insurance money that Malik has received indicates life insurance and the correct option is D.

<h3>What is life insurance?</h3>

Life insurance is an agreement wherein a policyholder will pay everyday premiums in alternate for a lump-sum demise benefit that can be paid to the policyholder's beneficiaries. The lump-sum gain is paid while the policyholder passes away or a selected amount of time has passed.

Hence, The type of insurance money that Malik has received indicates life insurance and the correct option is D.

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7 0
2 years ago
The Smiths' purchased a residence for $75,000. They made a down payment of $15,000 and agreed to assume the seller's existing mo
777dan777 [17]

Answer:

Purchase money mortgage.

Explanation:

A purchase money mortgage is the loan that is given to the individual buying the property.

This loan is issued by the seller of the property as a part of the transaction made when selling the property. The interest rate that comes with this type of loan is high.

The buyers benefit from the purchase money mortgage due to the flexible requirements that is needed in collecting the loan while the sellers benefits from the high interest rates that is added to the loan.

5 0
3 years ago
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