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Jobisdone [24]
3 years ago
5

In perfect competition, each additional unit of output that a firm sells will yield a marginal revenue that is:

Business
1 answer:
il63 [147K]3 years ago
4 0

Answer:

The correct answer is equal to price.

Explanation:

A perfectly competitive firm is a price taker. This is because of the large number of firms, no single firm is able to influence the price. So each firm faces a horizontal demand curve. This horizontal line shows demand, marginal revenue, and average revenue.  

The price level is determined at the point where the marginal cost is equal to price. The marginal revenue is always equal to price because the price is fixed at a point, each output level is supplied at the same price.

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Intellectual property assets are
Ierofanga [76]
The answer would be C.
6 0
3 years ago
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Which description most closely matches the term: TIME CRITICAL A ) Used for complex operations or introduction of new equipment
Scorpion4ik [409]

Answer:

The correct answer is C) Point of execution of a mission or task

Explanation:

The critical period is a limited time where an event can occur, and that results in some kind of transformation. For this reason, when identifying a risk, for example, it can be determined as the main point where a specific task is started to try to solve some problem.

5 0
3 years ago
A company bought a computer for$1,500. Three years later, the computer was sold for $300.
madam [21]

The accounts that will be used to record the disposal of the assets are Gain/loss on sale of asset and Sales Income

<h3>What is a disposal account?</h3>

A disposal account calculates the gain or loss account that appears in the income statement.

The disposal account records the difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of.

Hence, the account that will be used to record the disposal of the assets is Gain/loss on sale of asset and Sales Income

Read more about assets disposal

<em>brainly.com/question/1357713</em>

6 0
2 years ago
Which of the following is an example of a challenge faced by contemporary organisations?​
WARRIOR [948]

Answer:

b. environmental issues

c. global economy

Explanation:

Changes in the environment, such as pollution and global warming, affect operations and profitabiity.

The global economic crisis slows down organizational performance.

8 0
3 years ago
Assume that the demand curve for a certain good is a vertical line. This vertical demand curve illustrates the idea that:
ladessa [460]

Answer:

e.people will not change the quantity of the good when the price of the good is changed.

Explanation:

When the demand curve for a good is vertical, it indicates that the demand for the good is perfectly inelastic ; a change in price has no effect on the quantity demanded.

Goods with perfect inelasticity usually have no or little close subsituites.

I hope my answer helps you

6 0
3 years ago
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