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Veronika [31]
1 year ago
5

if the firm depiced in figure 5 behaves like a perfectly competitive firm, it will chose the output level of

Business
1 answer:
Mazyrski [523]1 year ago
4 0

The profit-maximizing choice for a perfectly competitive firm will occur at the level of output where marginal revenue is equal to marginal cost—that is, where MR = MC. This occurs at Q = 80 in the figure.

Marginal revenue is the increase in revenue that results from the sale of one additional unit of output.

While marginal revenue can remain constant over a certain level of output, it follows from the law of diminishing returns and will eventually slow down as the output level increases.

<h3>How do u calculate marginal revenue?</h3>

To calculate marginal revenue, you take the total change in revenue and then divide that by the change in the number of units sold.

The marginal revenue formula is: marginal revenue = change in total revenue/change in output.

Learn more about marginal revenue here:

<h3>brainly.com/question/13444663</h3><h3 /><h3>#SPJ4</h3>

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NOVA Chemicals is a plastics and chemical company whose products are used in a wide variety of applications, including food and
telo118 [61]

Answer:

a) targeting.

Explanation:

Targeting -

It refers to the marketing strategy , where some selected or specific type of people are targeted to market the goods and service produced , is referred to as targeting .

In the process of targeting , the people are distributed according to some specific characteristics .

Hence , from the given scenario of the question,

The correct option is a) targeting .

3 0
2 years ago
Company ABC makes kitchen appliances that have many features in great demand by professional chefs whose only interest is in the
weeeeeb [17]

Answer:

d. quality.

Explanation:

-Delivery area refers to the places in which the appliances can be delivered.

-Quantity refers to the amount of appliances that the company can produce and sell.

-Price refers to the amount of money that customers would pay for the appliances.

-Quality refers to the degree in which the appliances can meet the customer's requirements.

According to this, the answer is that based on its customers, ABC should try to dominate the market in quality because its products meet the expectations of professional chefs and that should be market to focus on as the company can have an important advantage by providing exactly what they need.

The other options are not right because professional chefs are interested on what they can do with this appliances and not on price, quantity or delievery area.

6 0
3 years ago
The net cash flow from operating activities is an inflow of $47,042, the net cash flow from investing activities is an outflow o
Alex_Xolod [135]

Answer:

$9,097

Explanation:

Net cash flow from operating activities = + $47,042

Net cash flow from investing activities = -  $21,831

Net cash flow from financing activities = -  $28,397

Net cash flows for the period                =  - $3,186

Beginning cash account balance          =   $12,283

Net cash flows for the period                =  - $3,186

Ending cash balance                             =    $9,097

5 0
3 years ago
The type of problem that a consumer will become aware of in the normal course of events or is already aware of is known as a(n)
Keith_Richards [23]

Answer:

<em>The type of problem that a consumer will become aware of in the normal course of events or is already aware of is known as a(n) </em><em><u>active</u></em><em> problem</em>

Explanation:

<em>An </em><em>active </em><em>problem </em><em>is </em><em>one </em><em>co</em><em>n</em><em>sumer </em><em>is </em><em>aware </em><em>of </em><em>or </em><em>will </em><em>become </em><em>aware </em><em>of </em><em>in</em><em> </em><em>the </em><em>normal </em><em>course</em><em> </em><em>of </em><em>event.</em><em> </em>

7 0
2 years ago
What is profit and loss account​
vitfil [10]

La cuenta de pérdidas y ganancias (P&G) es un estado financiero que resume los ingresos, los costos y los gastos incurridos durante un período específico, generalmente un trimestre o año fiscal. La cuenta de pérdidas y ganancias es sinónimo de la cuenta de resultados. Estos registros proporcionan información sobre la capacidad o incapacidad de una empresa para generar beneficios mediante el aumento de los ingresos, la reducción de los costos o ambos. Algunos se refieren al estado de ganancias y pérdidas como un estado de ganancias y pérdidas, estado de resultados, estado de operaciones, estado de resultados financieros o ingresos, estado de ganancias o estado de gastos

5 0
3 years ago
Read 2 more answers
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