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kirza4 [7]
1 year ago
11

Profit-maximizing firms enter a competitive market when existing firms in that market have.

Business
1 answer:
alexdok [17]1 year ago
6 0

Answer:Profit-maximizing firms enter a competitive market when, for existing firms in that market, total revenue exceeds fixed costs.

Explanation:

that is what i think sorry if im not right

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Write an essay about Reception and basic etiquette of
Dmitriy789 [7]

Answer:

The reception of the organization is the first place that a visitor sees. It is first observation of any visitor and then a perception is created about the whole organizations. The staff at reception must be well dress according to the organization rules.

Explanation:

The staff should be polite and speak gently to every one. There should be a culture of greeting every one in the organization this is the basic and an important etiquette. The workplace of every individual should be clean and the files and papers should be arranged properly. Everyone should speak politely to each other so that the other staff working in office does not gets irritated.

5 0
3 years ago
Maize Company incurs a cost of $34 per unit, of which $21 is variable, to make a product that normally sells for $59. A foreign
meriva

Answer:

A.$42,700 increase

B. Yes

Explanation:

A.

Selling price unit $30

Variable cost unit ( 21)

Logo ( 2)

Contribution margin unit $ 7 x 6,100 units = $42,700 increase

Therefore the increase in net income Maize will realize by accepting the special order, assuming Maize has sufficient excess operating capacity is $42,700

(b) Should Maize Company accept the special order?

YES. Maize company should accept the special order.

3 0
3 years ago
The Economy Tomorrow Suppose a person who is developing an app crowdfunds $15,000 and holds this as cash for future expenses. If
Natali [406]

Answer:

Question 1)

Decrease in money supply = Decrease in checking account / Required reserves ratio

Decrease in money supply = $25,000 / 0.05

Decrease in money supply = $500,000

NOTE: As per Answering Policy, first question is answered.

Explanation:

Question 1)

Decrease in money supply = Decrease in checking account / Required reserves ratio

Decrease in money supply = $25,000 / 0.05

Decrease in money supply = $500,000

NOTE: As per Answering Policy, first question is answered.

5 0
3 years ago
A typical, bowed-out production possibility frontier between two goods—guns and butter—shows that the opportunity cost of butter
Morgarella [4.7K]

Answer:

False

Explanation:

The opportunity cost is the cost that an economy faces when people decide to do something and not doing another thing. In this case, the opportunity cost of producing butter is not producing guns and in the same way, the opportunity cost of producing guns is to not produce butter. Then, if the economy produces more butter, the opportunity cost in terms of guns increases because resources are being used in butter and not in guns.  

For example:  

I have 20 units of resources and to produce 1 gun or 1 butter I spend 1 unit of those resources. If I was producing 15 butters and 5 guns and then I increase butter production to 18, the opportunity cost in terms of guns is that I am producing 3 guns less, my cost is 3 guns less. If I decide to increase the butter production to 19 units, my cost is 4 guns less.  

In the same way, if the economy produces more guns, the opportunity cost in terms of butter increases because resources are being used in guns and not butter. Thus, it is false that as more guns are produced, the opportunity cost of guns in terms of butter decreases. As more guns are produced, the economy is sacrificing more units of butter, then the opportunity cost, in terms of butter, increases.

6 0
2 years ago
Read 2 more answers
A customer, age 25, is looking to invest in securities with the objective of growth to protect against the effect of long term i
lorasvet [3.4K]

Answer:

This customer is looking for long term growth, so common equities are an appropriate investment rather than long term bonds. Since the customer does not believe in active asset management, a passive approach is best - that is, an index fund that has very low ongoing fees.

Explanation:

hope this helps

6 0
2 years ago
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