1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vagabundo [1.1K]
1 year ago
12

In pure competition, each extra unit of output that a firm sells will yield a marginal revenue that is?

Business
1 answer:
satela [25.4K]1 year ago
5 0

In pure competition, each extra unit of output that a firm sells will yield a marginal revenue that is equal to the price. The additional money made from selling one more unit of output is known as marginal revenue. The formula is the total income change divided by the output or quantity change.

The price times the quantity determines total revenue, and since the price is fixed for each thing sold, the marginal revenue in a market with just competitive products is only the product's price. As a result, in a market where there is pure competition, demand equals both marginal and average revenues.

To learn more about marginal revenue, click here

brainly.com/question/13383966

#SPJ4

You might be interested in
Fisher-Price developed a line of toys for infants in China. While they will be the ultimate end user of the product, by definiti
guapka [62]

Answer:

 This is true because babies still have no conscience to choose what kind of products they want to buy. In this case, the target would be the parents who want to offer their children quality toys at a price that is consistent with the market. So the technique would be to sell the product for the qualities that are beneficial for the baby and at the same time flashy, so that the parents make the purchase decision.

4 0
3 years ago
Suppose the consumer price index in 2010 was 100 and its corresponding basket of goods was $23,000. if that same basket of goods
Musya8 [376]

The value of the CPI in 2006 is 82.61.

<h3>What is the value of the CPI?</h3>

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Inflation is when there is a persistent rise in the general price levels.

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

2010 is the base year because its CPI is 100.

(19,000 / 23,000) x 100 = 82.61

To learn more about consumer price index, please check: brainly.com/question/26382640

#SPJ1

3 0
2 years ago
Shares of common stock of the Samson Co. offer an expected total return of 13.0 percent. The dividend is increasing at a constan
krok68 [10]

Answer:

b. 7.60 percent.

Explanation:

Dividend yield = expected return - dividend growth rate

  • expected return = 13%
  • dividend growth rate = 5.4%

dividend yield = 13% - 5.4% = 7.6%

Dividend yield is a financial metric that measures the rate of return that a stockholder receives every time a dividend is distributed. You can also calculate it by dividing dividends received by stock price.

4 0
2 years ago
Pizza is a normal good if the demand:__________
kirill115 [55]

Answer:

a. for pizza rises when income rises.

Explanation:

A normal good is a good that people purchase more when their income increases and that have a lower demand when their income decreases, for example, clothing. According to this, the answer is that Pizza is a normal good if the demand for pizza rises when income rises.

The other options are not right because a normal good is determined by the way in which the demand of a product behaves when the income increases or decreases.

3 0
3 years ago
Hagy Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The com
Katyanochek1 [597]

Answer:

$112,000

Explanation:

The computation of using activity based costing for overhead costs to activity cost pools is below:-

Factory utilities for processing

= $99,000 × 0.30

= $29,700

Factory utilities for Setting up

= $99,000 × 0.50

= $49,500

Factory utilities for others

= $99,000 × 0.20

= $19,800

Total = $99,000

Indirect Labor for processing

= $13,000 × 0.20

= $2,600

Indirect labor for setting up

= $13,000 × 0.30

= $3,900

Indirect labor for others

= $13,000 × 0.50

= $6,500

Total = $13,000

Overhead costs = $99,000 + $13,000

= $112,000

3 0
3 years ago
Other questions:
  • A merchandising company's sales budget indicates the following sales: January: $25,000; February: $30,000; March: $35,000. Sales
    12·1 answer
  • A consumer is making purchases of products Alpha and Beta such that the marginal utility of product Alpha is 30 and the marginal
    7·1 answer
  • Identify the career that matches the description.
    6·2 answers
  • Your credit card company quotes you an interest rate of 21.9 percent based on annual compounding. Interest is billed monthly. Wh
    12·1 answer
  • A Chapter 7 bankruptcy proceeding is formally commenced by the _____.
    7·1 answer
  • A convertible bond has a face value of $5,000, a conversion price of $40, a coupon rate of 6 percent, semi-annual payments, and
    5·1 answer
  • How could a mixed economy best incorporate aspects of both market and command economic strategies to maintain their associated b
    7·1 answer
  • One drawback of mailed marketing survey is
    5·1 answer
  • Reasons starting for world war one​
    5·1 answer
  • Why family members left their family business and start their own business
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!