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Alex_Xolod [135]
4 years ago
11

A.To maximize its profits, the firm should produce units and charge a price of _______$ .

Business
1 answer:
aliya0001 [1]4 years ago
4 0

Answer:

A) where the firm's marginal revenue equals its marginal cost.

B) average total cost per unit should equal the marginal cost per unit.

C) at their highest level.

Explanation:

Profit maximizing levels where marginal revenue = marginal cost, is applicable to every type of company regardless in what type of market they operate, e.g. perfect competition, monopoly, monopolistic competition, etc.

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Based on the recommendation of its advertising agency, lowe’s chose to advertise on hgtv. In this situation, hgtv represents whi
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In the given situation HGTV represents the component of the communication process called "Communication Channel".

<h3>What is communication channel?</h3>

Every meaningful team effort and collaboration depends on effective communication. An organization's movement is maintained by communication.

Some key points related to communication channel are-

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2 years ago
Automation Services Co. offers its services to companies desiring to use technology to improve their operations. After the accou
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Please find solution attached below

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4 0
3 years ago
Given the following information, determine the amount of cash on the balance sheet, assuming that the company has only three ass
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Answer:

Cash balance = $5850

Explanation:

Below is the given values and calculations:

Liabilities  = $3350

Equity = $28000

Supplies = 2000

Land = $23500

Cash on the balance sheet can be determined by subtracting the sum of supplies and land from the sum of liability and equity.

Cash balance = (28000 + 3350) - (2000 + 23500)

Cash balance = $5850

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Analyze Cityscape Hotels Cityscape Hotels has 200 rooms available in a major metropolitan city. The hotel is able to attract bus
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Answer:

$147

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= $147 per room night

Therefore for computing the contribution margin for a room night we simply applied the above formula.

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