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Sauron [17]
1 year ago
9

At a profit-maximizing output level, marginal revenue minus:_____

Business
1 answer:
Pani-rosa [81]1 year ago
8 0

At a profit-maximizing output level, marginal revenue minus marginal profit equals zero.

Marginal  profit is maximized in which marginal sales equals marginal cost. In this example, maximum income takes place at five devices of output. a superbly competitive company will also find its earnings-maximizing level of output where MR = MC.

To calculate the marginal sales, a agency divides the change in its overall revenue by way of the alternate of its overall output quantity. Marginal sales is identical to the promoting price of a single extra object that become bought. underneath is the marginal revenue system: Marginal revenue = trade in revenue / exchange in quantity.

If a firm can not compete on price and operates at a marginal loss (poor marginal income), it'll ultimately cease manufacturing. profit maximization for a firm occurs, therefore, while it produces as much as a degree where marginal price equals marginal revenue, and the marginal earnings is 0.

Learn more about marginal revenue here:-brainly.com/question/13444663

#SPJ4

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What kind of table lists the quantity of a good that a person will buy at different prices?
Monica [59]

Answer: Demand Schedule

Explanation: A schedule is a table that lists quantity and price of a good. Since, here it is given quantity of a good that a person will buy we are referring to a single individual. So, the table which lists quantity for a good demanded by a single individual at different prices is given by an <em>individual demand schedule</em>.

6 0
3 years ago
Read 2 more answers
How should an organization design its structure and culture to obtain a core competence in manufacturing and in research and dev
nekit [7.7K]

Answer and Explanation:

core competency of an organization comprise it's multiple resource, capabilities and skills that gives it a competitive advantage in the market. It was originated in management theory by C. K. Prahalad and Gary Hamel.

For an organization to have core competencies in manufacturing and also research and development putting it's organizational structure and culture to use, it has to:

create a flexible and somewhat independent structure for it's research and development department such that innovation is easy. Control must be decentralized and the team must come first

For the manufacturing department, an organic and participative approach should be encouraged. This would allow inclusive management such that workers are included in decision making processes. Managers should also be given more independence while workers should increasingly be empowered

the organization should also take stringent measures in employing the right people for the research and development as well as the manufacturing department such that these individuals are qualified and possess the needed expertise for their areas. Staff should equally be empowered through constant education and new skill acquisitions and be allowed to impart this knowledge on other staff by encouraging transfers in global expansion.

6 0
3 years ago
On September 1, ABC Company borrowed $50,000 on a 6%, 9-month note payable to XYZ National Bank. Given no previous adjusting ent
scZoUnD [109]

Answer:

c. debit to Interest Expense of $1,000.

Explanation:

The adjusting entry is as follows:

Interest expense Dr ($50,000 × 6% × 4 months ÷ 12 months) $1,000

     To Interest payable $1,000

(Being the interest expense is recorded)

Here interest expense is debited as it increased the expense and credited the interest payable as it also increased the liabilities

Therefore the correct option is c.

7 0
3 years ago
How do individuals contribute to the circular flow of economic activity?A) Businesses buy goods and services from individuals.B)
ZanzabumX [31]

Answer:

C

Explanation:

Individuals provide labor for factor markets and buy goods in product markets.

Market Activity is performed as two cycles moving in opposite directions. In one direction, there is a flow of goods and services from individuals to businesses and back again. This concept is simplified in that as laborers, we go to work to make things or provide services that people want.

6 0
3 years ago
________ are the standards stating the amount salespersons should sell and how sales should be divided among the company's produ
Alina [70]

Answer:

<u>Sales Quotas</u>

Explanation:

Sales quotas specify the quantum of sales standards in terms of monetary value of sales that must be effected by salespersons and the segregation of sales among different products of a company.

Such quotas help in creating an incentive system i.e performance above standards which would be rewarded, and thus serve as a motivation for sales force.

Such a mechanism also helps in comparing and analyzing the sales trends of the past, the standards set and how effectively the standards have been met.

This helps in ascertaining and evaluating productivity of a sales team and defines efficient performance.

8 0
3 years ago
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