1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jek_recluse [69]
3 years ago
13

What is the profit maximization rule equation?

Business
1 answer:
ValentinkaMS [17]3 years ago
6 0

Answer:

mc=mr

Explanation:

This is because in economics, the profit maximization rule is represented as MC = MR, where MC stands for marginal costs, and MR stands for marginal revenue. Companies are best able to maximize their profits when marginal costs -- the change in costs caused by making a new item are equal to marginal revenues............................

You might be interested in
You saving up to buy a car. You plan on making your first savings deposit one year from today, and then making deposits for the
Phantasy [73]

Answer:

$10,904.84

Explanation:

According to the scenario, computation of the given data are as follow:-

Year  Deposit amount ($)  At 9% for 3 years Future value of deposits ($)

1            $1,500                            (1.09)^3 = 1.295029        $1,942.54

2             $3,000                    (1.09)^2 = 1.1881                 $3,564.3

3            $2,200                            (1.09)^1 = 1.09                 $2,398

4             $3,000                               1                                 $3,000

Total                                                                                   $10,904.84

Future value = cash flow × (1 + interest rate)^number of years

When the amount of $10,904.84 is available, I buy the car.

4 0
3 years ago
HELPPPPPP!!!!
lidiya [134]

Answer:

B. Greater efficiency

Explanation:

Efficiency, in this case, will refer to achieving the desired results with minimal or no wastage. A distribution manager has the responsibility to ensure goods get to their destination as scheduled. The manager's efficiency will be gauged by the speed, accuracy, and safety of deliveries.

Other than cost savings, the distribution manager has to aim at achieving greater efficiency. Customer service and pricing are functions of other managers.

8 0
3 years ago
Read 2 more answers
One of the factors that accelerated the development of the internet during the 1990s was:
Margarita [4]
<span>the invention of graphical Web browsing.</span>
5 0
3 years ago
In what way did the cotton gin contribute to the dramatic rise in production?
seropon [69]
B I believe this is the right answer
8 0
3 years ago
Which repayment plan will you be placed on automatically?
BartSMP [9]

The standard repayment plan is the basic plan for repaying student loans. You're automatically placed in this plan when you start repayment, unless you select a different option.

4 0
2 years ago
Other questions:
  • On May 23, Stoltz Realty Inc. issued for cash 80,000 shares of no-par common stock (with a stated value of $3) at $12. On July 6
    10·1 answer
  • A client demands the return of all records and documents from an attorney even though the client has not paid the attorney's fee
    10·1 answer
  • BD Corporation has purchased new computers to modernize the office. The increased efficiency from the computers will lead to inc
    11·1 answer
  • On November 1, 2018, Mason Corp. sold $700,000 of its 10% term bonds dated October 1, 2018. The bonds were sold to yield 8%, wit
    8·1 answer
  • Microsoft stock price peaked at 6118% of its IPO price more than 13 years after the IPO† Suppose that $15,000 invested in Micros
    14·1 answer
  • Any excess of cost over fair value was attirbuted to goodwill, which has not been impaired. Emery Co. reported net income of $40
    15·1 answer
  • HELPPP ILL MARK BRAINLIEST!!!!
    13·2 answers
  • Master Corp. issued 8%, $80,000 bonds on February 1, 2020. The bonds pay interest semiannually each July 31 and January 31 and w
    8·1 answer
  • Alex
    9·1 answer
  • From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whateve
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!