Answer:
The marketing channel simply refers to the distribution channel, and It can be read in fours (4) different ways.
(1) Three level channel, which comprises a distribution channel of the 'The Producer, Agent, Wholesalers, The Retailer, Consumer ' distribution channel.
(2) Two Level Channel, which is made up of 'The Producer, Wholesaler, Retailer, and Consumer distribution channel.'
(3) One Distribution Channel, which consists of the %The Producer, Wholesaler, Consumer.'
(4)Zero Distribution Channel, which is made up of 'Producer, and Consumer'
Explanation:
The product type is what determines the distribution channel used. A specialized product will require a shorter distribution channel, as it is produced based on customer specification, while a non specialized product, such as a homogeneous goods, will not may not require a shorter distribution channel.
Answer:
The marginal revenue = $2
Explanation:
Firstly we calculate the value in dollars for the number of boxes sold
For 100 boxes, we have 100 * 2 = $200
For 200 boxes, we have 200 * 2 = $400
Mathematically, the marginal revenue = (cost of 200 boxes- cost of 100 boxes)/difference in quantity
= (400-200)/(200-100) = 200/100 = $2
Thus affirms the fact that for a perfectly competitive firm, marginal revenue MR = P (price)
University professors carry out research and write academic publications and papers. They are employed by both public and private colleges and universities, as well as by career and technical schools, junior or community colleges, and professional institutions.
A university professor performs these duties:
- Educate students in a wide range of disciplines, including chemistry, culinary arts, and nursing
- Work with students who are pursuing a degree, a certification, or who are enrolling in classes to advance their knowledge or professional abilities.
- Create a curriculum for their course and make sure it complies with departmental and college requirements.
- Prepare lessons and tasks.
- Grade papers and tests to determine the progress of the students.
- Give students advice on which classes to take and how to accomplish their objectives.
- Keep up with developments and changes in their sector.
- Conduct research and experiments to advance knowledge in their field.
- Supervise graduate students who are working toward doctoral degrees
- Publish original research and analysis in books and academic journals.
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As a result of the price ceiling, the monopolist will "produce more than the monopoly level of output ".
The monopolist's profit maximizing level of output is found by likening its marginal revenue with its marginal cost, which is a similar benefit maximizing condition that a splendidly focused firm uses to decide its equilibrium level of output.
Answer:
$49.137 million
Explanation:
The accounting equation gives the relationship between the elements of a balance sheet as
Assets = Liabilities + Equity
Equity is further divided into common stock and retained earnings which is the accumulated net income over the years net of dividends declared and settled.
Equity = Common stock + Retained earnings
Equity = $127.921 million - $74.974 million
= $52.947 million
Retained earnings = $52.947 million - $3.810 million
= $49.137 million
