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dmitriy555 [2]
1 year ago
6

if firms are producing at a profit-maximizing level of output where the price is equal to the average total cost

Business
1 answer:
vekshin11 year ago
6 0

There must be no Economic profits. The total of the quantities that every single producer is willing to supply makes up the market supply in a market with perfect competition.

<h3>What output volume is appropriate for the corporation aiming to maximize profits?</h3>

Marginal revenue and cost must match in order to maximize total profit. At 4 units of output, in this example, the maximum profit is realized. Where MR = MC is where a corporation with perfect competition will also find its level of output that maximizes profits.

<h3>When a corporation engaged in competition seeks to maximize immediate economic gains?</h3>

The amount of output the company picks where its marginal revenue and cost are equal to optimize profits.

To know more about Economic visit:-

brainly.com/question/1446246

#SPJ4

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<h2>Leadership quality is required for the CEO</h2>

Explanation:

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When the company is hiring new CEO, he must look out for the following qualities:

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7 0
3 years ago
How do margin trades magnify both the upside potential and the downside risk of an investment position?
klio [65]

Answer and Explanation:

Margin trades work this way because they allow them to extend the amount of money invested regardless of whether the security's price drops or rises. In a more simplified way, we can state that the margin trade allows that even if the price of a security goes up or down, the invested money presents a percentage of gain or loss much bigger than the original value. This is because this money was deposited as a loan guarantee, allowing interest to run on it, increasing it.

4 0
2 years ago
Consider the following information: the marginal products of labor for the US in producing Cars and Wheat are 24 and 18. Given t
stepan [7]

Answer:

0.75 wheat

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

the opportunity cost of producing cars, is the quantity of wheat that would have to be forgone to produce one car

18 / 24 = 0.75 wheat

7 0
3 years ago
Just one more time :)
Black_prince [1.1K]

Answer:

for what?

Explanation:

7 0
3 years ago
Read 2 more answers
Any help 75 points
Lapatulllka [165]
Answer: law of supply
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