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user100 [1]
3 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]3 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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Do applications require you to provide the following basic elements: social security number, experience, and favorite memories?
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Only social security and experience...
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Which of the following is a type of program that is designed to collect information about you and send it to a remote user witho
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Are there choices for this question?

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3 years ago
Page(s) 13-14 1.2. What are five foundations of economics? Arshad is trying to choose his college major. His options are physics
Marizza181 [45]

Answer:

Physics

Explanation:

Opportunity Cost

When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice.

Since Arshad is concerned about his mid-career salary, Physics has the highest mid-career salary among the options, therefore opportunity cost of choosing to major in communications would be Physics

7 0
2 years ago
Novak Corp. bought equipment on January 1, 2022. The equipment cost $390000 and had an expected salvage value of $35000. The lif
nirvana33 [79]

Answer:

$177,000

Explanation:

In order to find the book value of the equipment we need to find the amount of depreciation per year. To do this we need to subtract the salvage value from the initial cost and then simply divide by 5 which is the life span of the equipment...

(390,000 - 35,000) / 5 = x

355,000 / 5 = x

71,000 = x

Now we see that the equipment will depreciate by $71,000 per year. In three years the depreciation would be

71,000 * 3 = 213,000

Now we simply subtract this value from the initial cost to get the book value in the third year

390,000 - 213,000 = 177,000

7 0
2 years ago
The major levels of intensity at which a company can choose to distribute its products are __________ distribution.
Angelina_Jolie [31]

Answer:

Exclusive, selective, intensive

Explanation:

When a company markets its products it needs to choose carefully how it will distribute its products most effectively.

There is need for consideration of the cost and benefit associated with a level of distribution intensity because each one has associated cost like number of salespeople to drive the process.

There are 3 levels of intensity for distributing products

- Intensive or mass coverage is when products are distributed widely in all locations where product is sold. It is ideal for low priced goods that have a high demand.

- Selective coverage is when sales are limited to locations where clients are most concentrated.

- Exclusive coverage is for higher end products targeted at a narrow market.

5 0
3 years ago
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