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Profit maximization can be achieved by a competitive corporation by choosing a quantity of output such that marginal revenue equals marginal cost.
<h3>How does a corporation maximize its profit?</h3>
A corporation maximizes income via way of means of operating wherein marginal revenue equals marginal price. The corporation chooses quantity in order for that rate to equal marginal value so that it can maximize its profit.
Therefore, When the marginal revenue for an aggressive corporation equals the market rate, the firm maximizes its profit.
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Explanation:
- Q1.Can my eyes capture things within the normal distance?
- Q2. Am I feeling normal without any illness?
Answer for Q1: I would list down things that I could see from normal distance, objects on my left and right and would ask my family member to cross check.
Answer for Q2: Driving with heavy fever, or other illness sometimes make driving difficult. So it risks both passenger and driver's life.
Answer for Q3: I would self check with normal hands-free. I would check one ear at a time.
Answer:
so correct option is B) $527
Explanation:
given data
cost = $28,000
offer APR = 4.9 % = 
= 0.0041
time = 60 months
finance the entire = $28,000
solution
we will apply here formula for calculate monthly payment that is
= 
...........1
here r is rate that is 0.0041 and t is time that is 60 put here value we get
= 
= 0.01883
so monthly payment is = 28000 × 0.01883
monthly payment is $527
so correct option is B) $527
A budget can help teens start to discern between genuine needs and wants and will show them where their money is going each month. A good budget will provide for both needs and at least some wants and should be flexible and relatively easy to use and understand.
