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makvit [3.9K]
3 years ago
7

The production decisions of perfectly competitive firms follow one of the Ten Principles of Economics, which states that rationa

l people
a. consider sunk costs.

b. equate prices to the average costs of production.

c. prefer to purchase products from smaller rather than larger firms.

d. think at the margin.
Business
1 answer:
GaryK [48]3 years ago
7 0

Answer: d) think at the margin.

Explanation:

A rational person is defined as some who makes decision with the intelligent thinking rather being emotional .This result usually results in sensible outcomes.

According to the Ten principles of Economics,it is supposed that a rational person tends to think intelligently and would prefer to make minute changes in the resources while taking decision so that optimal rate can be maintained and additional action can be further thought.

Other option are incorrect because purchasing items from smaller organization, sunk rate and average cost product equalizing with the price is not the decision ability of a rational person

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Micromarketing involves marketing to specific countries rather than global markets.
Montano1993 [528]

Instead of targeting worldwide audiences, micromarketing targets localized nations.

This statement is wrong because micro marketing tends to focus on specific niche rather than specific countries.

What is Micro Marketing?

  • It is a type of marketing which is used in order to reach some specific group of people or an individual.
  • These are small in size i.e "micro" in nature or a group which was approached by the customised content.
  • It directly focuses on some niche and targets its potential consumers.
  • There are four levels of micro marketing
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3 0
2 years ago
At October 1, Arcade Fire Enterprises reported stockholders' equity of $36,000. During October, no stock was issued and the comp
vivado [14]

Answer:

A. $8,000

Explanation:

Stockholders Equity Includes the Add-in-capital par value, Add-in-capital excess value of Common and Preferred, Net income accumulated value and dividends.

Ending Stockholders Equity = Beginning Stockholders Equity + Income for the period - Dividend paid During the period

$32,000 = $36,000 + $4,000 - Dividend paid During the period

$32,000 = $40,000 - Dividend paid During the period

Dividend paid During the period = $40,000 - $32,000

Dividend paid During the period = $8,000

3 0
4 years ago
the ending retained earnings balance of lambert inc. increased by $2.6 million from the beginning of the year. the company's net
S_A_V [24]

The amount of dividends Lambert Inc. declared and paid is $5.2 million.

<h3>What is dividend?</h3>

A dividend refers to the sum paid to people who invest in a company, at the end of the financial year. In other words,  it is a reward paid to the shareholders for their investment in a company's equity.

We know that:

Closing retained earnings

= Opening retained earnings + net income earned - dividend paid

Then,

The ending Retained Earnings balance of Lambert Inc. increased by $2.6 million from the beginning of the year

Also, net income earned during the year is $7.8 million

Hence,

Dividend paid

= -$ 2.6 million + $7.8 million

= $5.2 million

With regards to the above, the amount of dividends Lambert Inc. declared and paid is $5.2 million.

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4 0
2 years ago
The efficient frontier of risky assets is
Ivenika [448]

Answer:

A. the portion of the investment opportunity set that lies above the global minimum variance portfolio.

Explanation:

The Efficient frontier refers to the portfolios set that involves that expected return whose return is high at the level of minimum risk so the asset that contains the high risk profile that investment opportunity set portion should be above the variance portfolio i.e. minimum globally

Therefore the correct option is a.

8 0
3 years ago
If a bank deposit will double in value in 18 years, the rule of 72 implies that the interest rate on the deposit must equal is a
arlik [135]

Answer:

b. 4 percent

Explanation:

According to the rule of 72, hte number of years required for an investment to be doubled can be obtained by dividing 72 by the interest rate (in percentage). If it takes 18 years for the investment to bouble in value, the interest rate is:

18=\frac{72}{i}\\i=4\%

The interest rate on the deposit is 4%.

7 0
4 years ago
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