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Sidana [21]
3 years ago
11

Do higher prices lead to increased revenues for a company?a. alwaysb. sometimesc. neverd. only when demand is elastic

Business
1 answer:
Vaselesa [24]3 years ago
7 0

Answer:

sometimes

Explanation:

Rising prices will lead to an increase in a firm's revenue if it does not cause a decrease in the quantity demanded. The way to measure the impact of price increases on the quantity demanded is by calculating elasticity. If demand is elastic, small variations in price are sufficient to have a considerable impact on demand. When demand is inelastic, the increase in price does not significantly impact demand, so demand will be inelastic. In this case, the price increase increases the firm's revenue.

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Answer:

C. Marginal cost will equal average total cost when marginal cost is at its lowest point.

Explanation:

Marginal cost is the cost of each extra unit sold or produced. Average total cost is the average cost of all the units which is sold or produced during the period.

If marginal cost equal to the average cost the marginal can not be its lowest point because the lowest point cost will decrease the average cost it will not be equal to average cost, otherwise at  the units has same marginal cost.

5 0
4 years ago
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Suppose the Finnish government undertakes a program that relaxes immigration but only for highly skilled workers. This policy ch
Kay [80]

Answer:

Suppose the Finnish government undertakes a program that relaxes immigration but only for highly skilled workers. This policy changes will result in an increase in the _population of immigrants_______, causing __increased economic performance resulting from increased supply of highly skilled labor, productivity, and GDP and not to forget increased diversity with its attendant benefits and costs_____.

Explanation:

Immigration is the movement of non-natives or citizens into a country from other countries.  If the number of immigrants outnumber those emigrating, the population of the country will increase relatively.  To boast population, increase diversity, and energize an economy, some countries deliberately embark on programed immigration and acceptance of highly skilled workers.  As they come in, they come with their families, some will bear more children, and there will be increased relationships between the immigrants and the domiciled citizen population.  The economy of the country will be revitalized since they are highly skilled workers, and there will be increased productivity and beneficial changes in the GDP.  Human diversity has many attendant benefits and burdens.  Whichever one that outweighs the other depends on factors prevalent in the particular country.

4 0
3 years ago
A company that is located in the us and sells its product to customers in mexico is participating in what
zimovet [89]

International Trade.

When a company sells its product over the US border into another country they are participating in International Trade.

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3 years ago
If you are reading a web page about a particular topic and see related advertisements appear along the side of the page, do you
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Yes.I do consider this invasion of privacy except i gave a consent to the website owner to use my data.

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6 0
3 years ago
Marco Nelson opened a frame shop and completed these transactions: Marco started the shop by investing $40,200 cash and equipmen
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Answer:

$43,500

Explanation:

Calculation for the balance of the cash account after these transactions were posted

Using this formula

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Let plug in the formula

Cash account balance =$40,200-$1,400+$4,700

Cash account balance =$43,500

Therefore the balance of the cash account after these transactions were posted will be $43,500

4 0
4 years ago
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