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user100 [1]
4 years ago
13

For a monopolistically competitive​ firm, marginal revenue A.is greater than the price.B.equals the price.C.is less than the pri

ce.D.and the price are unrelate
Business
1 answer:
Tems11 [23]4 years ago
5 0

Answer:

The correct answer is option C.

Explanation:

A monopolistic firm is a price maker. It faces a downward sloping demand curve which also reflects the average revenue or price. The profit is maximized by equating marginal revenue and marginal cost.

The marginal revenue curve is also a downward sloping curve and it lies below the demand or average revenue curve.

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Pj mask were the pj mask
Crazy boy [7]

Answer:

yes they were

Explanation:

on the show they were 3 kids, 2 boys and 1 girl they were a cat, gecko, and an owl.

5 0
3 years ago
A stockholder in a Subchapter S corporation:
Lina20 [59]

Answer:

The answer is C.

Explanation:

The shareholders are the owners of the company while board of directors are the agents( although many directors now have shares in the company) that runs the business on behalf of the shareholders. The problem associated with directors not pursuing the interests of the shareholders is known as agency problem.

Board of directors/directors are to make sure the business run smoothly while the shareholders provide the fund to meet emergencies.

8 0
3 years ago
Jonathan wants to start a business that relies entirely on the buyer’s demand. In which economic system is best suited for his b
a_sh-v [17]

Answer:

ITS NOT B

Explanation:

6 0
3 years ago
Read 2 more answers
Fixed overhead was budgeted at $200,000, and 25,000 direct labor hours were budgeted. If the fixed overhead volume variance was
Liono4ka [1.6K]

Answer:

$208,000

Explanation:

Calculation for fixed overhead applied

Using this formula

Fixed overhead applied =Budgeted Fixed overhead+Fixed overhead volume variance

Let plug in the formula

Fixed overhead applied =$200,000+$8,000

Fixed overhead applied=$208,000

Therefore Fixed overhead applied must be $208,000

3 0
3 years ago
Rick eats only french fries and burgers at his office cafeteria. His weekly lunch budget is $48. Each burger costs $6 and each o
Zigmanuir [339]

Answer:

The correct answer is 16 utils.

Explanation:

Amount spent by Rick to get utility of 8 = $6*2 + $3 * 4 = $24

$48/ $24 = 2

$48 will give Rick 2 sets of products combination that give him utility of 8.

At his utility-maximizing point, Rick's utility is 2* 8 = 16 utils.

7 0
3 years ago
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