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Mademuasel [1]
1 year ago
9

assume bell computer company operates in a perfectly competitive market producing 5,000 computers per day. at this output level,

price exceeds this firm's marginal cost. it follows that producing one more computer will cause this firm's a. total cost to decrease. b. profits to increase. c. profits to decrease. d. profits to remain unchanged.
Business
1 answer:
Agata [3.3K]1 year ago
6 0

In a perfectly competitive market bell computers will cause profits to increase by producing one more.

A hypothetical market system is referred to as perfect competition. Perfect competition offers a valuable model for illustrating how supply and demand influence pricing and behaviour in a market economy, despite perfect competition seldom occurring in actual markets.

One of the most efficiently operating markets is one with perfect competition, when a large number of buyers and suppliers cooperate perfectly. Sadly, it is a hypothetical event that does not occur in the real world. But in order to guarantee a fair price for all goods and services, markets should strive to be as similar to this type of market as feasible.

Learn more about perfectly competitive market here:

brainly.com/question/13961518

#SPJ4

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Cathy's Towels sells three items (which it purchases from a supplier): bath towels, hand towels, and washcloths in a 4:3:2 mix (
Tatiana [17]

Answer:

36,000 baths

Explanation:

The computation of the bath towels that must the firm would sell at the break even point is shown below:

But before that the contribution margin per unit is

<u>Particulars        Bath towels   Hand towels  Wash towels</u>

Selling price      $10                  $5                  $2.5

Less: variable cost $4              $2                  $1

Contribution margin $6           $3                  $1.50

No of items in batch  4             3                    2

Contribution margin per unit $24   $9        $3

Now the number of baths would be

= $324,000 ÷ ($24 + $9 + $3) × 4

= 36,000 baths

4 0
3 years ago
Robins typically lay four eggs. Four eggs allow the offspring to be well fed, whereas larger clutches may result in malnourished
garri49 [273]

Answer:

Stabilizing selection

Explanation:

Stabilizing selection is one of the types of natural selection. In this process, some members of the particular specie do not survive. The one who survives helps to reproduce.

As per the given question, the pattern of natural selection that is acted to keep the common clutch size is four. In case more eggs are laid, some would be preyed on. The remaining eggs are exposed to better nourishment and a good survival rate.

8 0
3 years ago
Some people are in favor of reducing Federal taxes to increase consumer spending others are against it. Two person are selected
densk [106]

Answer:

Explanation:

There are four possible outcomes

In favor, in favor

In favour, unfavor

Unfavor, in favor

Unfavor, unfavor

<u>Particulars           Person</u>

<u>Outcome      1                 2 </u>

1                  For             Against

2                 For             For

3                Against       For

4                Against      Against

These are the possible outcomes

8 0
3 years ago
The Devon Motor Company produces automobiles. On April 1st the company had no beginning inventories and it purchased 7,390 batte
Sever21 [200]

Answer:

1. a. Raw Materials

Materials left in storeroom

= (7,390 - 6,800) * $145

= $‭85,550‬

b. Work in Process

90% were completed so 10% was left. 100 batteries were removed from the 6,800 batteries.

= 10% * (6,700 * 145)

= $‭97,150‬

c. Finished goods

Unsold goods are 30%.

= 6,700 * 90% * 30% * 145

= $‭262,305‬

d. Cost of goods sold

Sold goods were therefore 70%

= 6,700 * 90% * 70% * 145

= $‭612,045‬

e. Selling expense

= 100 batteries used in sales staff cars * 145

= $14,500

2.

  • Raw materials  - Balance Sheet
  • Work in process  - Balance Sheet
  • Finished goods  - Balance Sheet
  • Cost of goods sold  - Income statement
  • Selling expanse - Income statement
8 0
3 years ago
Suppose the country of Lilliput exported 263 billion dollars worth of goods while they imported 477 billion dollars worth of goo
Usimov [2.4K]

Answer:

1. -$214 billion

2. a trade deficit

Explanation:

1. The balance of trade denotes the difference between the exports and imports.

In mathematically,

Balance of trade = Exports - imports

So,

Balance of trade = $263 billion - $477 billion

                            = -$214 billion

2. As the balance of trade comes in a negative amount which represents that imports value is more than the exports value so it would be a trade deficit

8 0
3 years ago
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