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makkiz [27]
3 years ago
6

Land of Many Lakes (LML) sells butter to a broker in Albert Lea, Minnesota. Because the market for butter is generally considere

d to be competitive, LML does not a. have any fixed costs of production. b. choose the quantity of butter to produce. c. set marginal revenue equal to marginal cost to maximize profit. d. choose the price at which it sells its butter.
Business
1 answer:
Mrac [35]3 years ago
7 0

Answer: d. choose the price at which it sells its butter.

Explanation:

In a competitive market, the individual sellers do not choose a price to sell at but rather the market does. This is due to the high number of sellers in the market so individual sellers do not have bargaining power.  

The price will therefore equal the firm's marginal revenue as well as Average revenue.

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According to the text, cell phones have been crucial in providing ______ to help aid global refugees. Select one: a. monetary tr
Svetach [21]

Thanks to cell phones, global refugees can be aided better due to cell phones providind c. migration statistics.

<h3>How have cell phones helped refugees?</h3>

Cell phones have allowed refugees to keep in contact with the outside world which allows their location to be tracked.

As a result of this knowledge of the statistics of their migration, aid organizations can reach these refugees better and take care of them.

Find out more on the importance of cell phones at brainly.com/question/27082130.

#SPJ1

5 0
2 years ago
Kathleen is considering expanding her dress shop. If interest rates rise she is Group of answer choices less likely to expand. T
Karolina [17]

Answer:

<u><em>Less likely to expand.</em></u>

Explanation:

When ever interest rates rise in an economy, the soul purpose of that is to control inflation by influencing the people to save more and consume/spend less.

Hence, when the interest rates will rise, Kathleen will be moving away from the expansion process as she will have to borrow the money at more cost than before, hence increasing the risk of return from the expansion process. Hence this will lead to the demand for loan-able funds to slope downwards.

Hope this helps you. Good Luck.

7 0
3 years ago
Relevant information is information you can’t trust true or false
Damm [24]

Relevant information is information you can’t trust-This statement is False because Relevant means that is something that makes sense or is important -So the statement holds False

Explanation:

Relevant information is the information that an individual require to perform a given task.

For example in order to write a program the person needs all the relevant information related to  the program that is to written like the value of the variable,the format of the output required.

The term Relevant means "of Importance"

If a information required is very important then it can be obtained only through proper research work and hence it can be trusted

so we can say that-the statement that  relevant information is information you can’t trust-is False

5 0
3 years ago
Which is not a factor that an insurance company would consider before
babunello [35]
I would suggest B because I wouldn’t believe would want their house to be gone
5 0
2 years ago
Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently
a_sh-v [17]

Answer:

my mind is blank. how is even an adult supposed to answer this. i read it and it makes no sense. pls rethink before u send ok?

just a top tip for u

Explanation:

5 0
3 years ago
Read 2 more answers
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