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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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Given an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and the val
givi [52]

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Probably not

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8 0
3 years ago
Jeff got a part-time job delivering groceries for $15/hour and grossed $8,200
solniwko [45]

Answer:

Income = $8,200

Less:

Federal tax 10% = -$820

State tax at 5.5% = -$451

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4 0
3 years ago
The conversion price of CRX’s convertible ($1,000 par) subordinated debentures is $40 and the present market price of CRX common
Tom [10]

Answer:

$1,200

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Given that

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So, the present conversion value is

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= $1,000 × $48 ÷ $40

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5 0
3 years ago
Damon Company receives its monthly bank statement, which reports a balance of $1,850. After comparing this to the company’s cash
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Answer:

The reconciled bank balance for the cash amounts to $1,600

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7 0
3 years ago
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