Answer:
D
Explanation:
Profit is Maximize when MR = MC
since MR=40 - 0.5Q
and MC= 4
Therefore:
40-0.5Q = 4
-0.5Q = 4 - 40
-0.5Q= -36
divide through by -0.5
Q = 72
since Q = 72
from Q = 160 - 4p
72 = 160 - 4P
-4p = 72 - 160
-4P = -88
divide through by -4
P = 22
The consumer price index (cpi) is constructed using the goods and services purchased by the average household.
A consumer is someone who orders purchased goods, products or services primarily for personal, social, familial, household and similar needs not directly related to their entrepreneurial or business status. A person or group intended to use, order, or use
There are four types of consumers: omnivores, carnivores, herbivores and decomposers. Herbivores are creatures that eat only plants for the food and energy they need. Animals such as whales, elephants, cows, pigs, rabbits, and horses are herbivores.
Consumer means a person who purchases goods or services for consideration or hires services under a paid, promised, partially paid, partially promised or deferred payment scheme. is.
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Answer:
C) costs that change based on production
Explanation:
Variable costs are business expenses that are directly proportional to the production level. They increase or decrease with changes in the level of production. Variable costs consist mostly of the direct cost of production.
Examples of variable costs are packaging, raw materials and direct labor. Should production increase, variable costs increases. Variable costs contrast fixed costs, which do not change regardless of the level of production. Total variable cost is obtained by multiplying the total output by variable cost per unit.
Answer:
Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.
Explanation:
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