Answer:
A. The current selling price for the product is too low.
Explanation:
The ideal market price should be $400. This is the equilibrium point where demand matches supply. At the price of $400, buyers and suppliers will be happy to trade a quantity of 4000 units.
The prevailing price of $300 is too low. Suppliers should raise the price to the price $400 mark.
Answer: positive reinforcement
Explanation: Reinforcement is explained as actions taken to either reduce or increase a certain behavior.
Positive reinforcement are action taken to increase a behavior either positive or negative behavior.
In the question Susan is positively reinforcing Alexandra's negative lazy attitude.
Answer:
b) -$700.
Explanation:
The economic profit or loss will be:
economic result = revenue - total cost
<u>Where:</u>
fixed cost + variable cost = total cost
400 + 600 = 1,000
revenue = units x selling price per unit
100 units x $3 = $300
economic result = revenue - total cost = 300 - 1,000 = -700
The company is on the optimal level, marginal revenue = marginal cost at 100 units of output.
But, it is not selling at the correct price. It should sale at a higher price.
Answer:
(A). Federal Administrative Agency
Explanation:
The Securities and Exchange Commission(SEC) is an independent federal government agency responsible for protecting investors, maintaining fair and orderly functioning of the securities market.
The Securities and Exchange Commission was created in 1934 to help restore investor confidence in the wake of the 1929 Stock Market Crash.
The SEC is allowed to bring only civil actions, either in federal court or before an administrative judge.
Most of the administrative agencies are under the supervision of the President. Since SEC is an independent body, the President exercises limited power and control over it. But he does play a major role in influencing the activities of such independent bodies.
Thus, The Securities and Exchange Commission is an example of a Federal Administrative Body i.e option (A).
