The price of a firm is equal to its marginal cost in both the short and long run. In both the short and long run, price equals marginal revenue. Firms should increase output as long as marginal revenue exceeds marginal cost, and reduce output if marginal revenue is less than marginal cost.
Revenue is the gross income derived from the sale of goods and services related to the company's main activities. Commercial income is also called sales or earnings. Some companies derive their income from interest, royalties, or other fees.
Revenue is the gross income a business generates from its core business, such as sales of products and services, property rentals, regular payments and interest on loans. Sales are calculated before deducting costs such as discounts and returns.
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Answer:P value = 1 - 0.9793 = 0.0207
Explanation:
we can use Z value and normal distribution to find P value. P value is the area of beyond the value of Z value
sample mean (x.bar) = $52.20
Population mean (U) = $50
Sample Standard deviation (Sd) =$ 6.10
sample (n) = 25
Z =
=
Z = 2.50/1.22 = 2.049280328 = 2.049
area (normal distribution table) = 0.9793
P value = 1 - 0.9793 = 0.0207
Answer:
The answer is: You would expect a lower stock price.
Explanation:
Since John Deere´s main business is manufacturing and selling farming equipment you would expect its sales to rise when farmers are having a successful business year. But when farmers are having a very harsh and bad economic year then you would also expect John Deere´s sales to fall.
If your clients are suffering from a drought that means they will probably lose money or in a best case scenario earn a smaller profit. So they will have less money to invest in new equipment which results in lower sales for companies like John Deere. If John Deere´s sales are lower, they themselves will have a bad economic year so it is logical to assume that their stock price will fall.
Answer:
A chef
Explanation:
The chef would be the person to plan menus and to instruct staff on description; serving styles, and ways drinks to complement the menu.
<u>Solution and Explanation:</u>
- When interest rate is 8%, opportunity cost is 800 dollar per year for 10000.
- When interest rate is 10%, opportunity cost is 1000dollar per year for 10000.
McQ ans is C I.e. Qunatity demand decreases as interest rate rises because Md=KPY-hi
It is to kept in mind that with the change in the quantity that is being demanded may fluctuate with the change in the interest rate. The relationship between the price and demand goes hand in hand.
