1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Which of the following is an example of a market segment?
Hatshy [7]

Answer: The answer is "b. A group of individuals with different product requirements".

Explanation: The definition of a market segment refers to a homogeneous and large group of consumers that can be recognized within a market, who have similar desires, buying habits, and who will react similarly to the power of marketing.

4 0
3 years ago
Suppose that, in a competitive market without government regulations, the equilibrium price of donuts is $1.00 each. Indicate wh
vodomira [7]

Answer:

1. Price ceiling, Binding

2. Price ceiling, Binding

3. Price floor, binding

Explanation:

Price ceiling is a government or group control limit on how high a product, commodity or service can be charged.

Price floor is a government or group limit on how low a product, commodity or service can be charged.

Binding simply means you are legally bound to something while non-binding means you are not legally bound to it.

8 0
3 years ago
Think about the differences in the two stories about the
Marrrta [24]

Answer:

How does the photo appeal to emotions?

Its shows a worried mother with her children

Why would Lange make up the story of the photo?

Her job was to show suffering

Explanation:

This is the answer for edg2020

8 0
3 years ago
Read 2 more answers
When McDonald's offers healthy menu items in hopes of avoiding competition with Wendy's and Burger King, it uses ________ positi
antoniya [11.8K]

McDonald's offering a healthy menu to avoid competition is referred to as differentiation positioning.

<h3>What is Differentiation positioning?</h3>

This is strategy adopted by companies in making their products and services very unique and beneficial to the populace.

This being done ensures that they avoid competition and increase sales and profit to ensure continuous running of the business. McDonald offering healthy menu items depicts this type of positioning.

Read more about Differentiation positioning here brainly.com/question/9241331

6 0
2 years ago
I had a account but now i cant get this app what do i do i cant even get a new account
Alborosie

Answer:

Yes you can of course you can

8 0
3 years ago
Read 2 more answers
Other questions:
  • The following selected amounts are available for Thomas Company.Retained earnings (beginning) $2,500Net loss 200Cash dividends d
    7·1 answer
  • If some one makes a deal to not work for 2 years and will pay you 100 billion dollars or should you choose a different man who s
    11·1 answer
  • IM.72 The Candy Shack has a monthly demand of 150 bags of Watermelon Slices. They pay $10.97 for each box of candy which contain
    10·1 answer
  • Refer to the information above. Calculate the 20-year geometric average annual rate of return on the S&amp;P 500 Index
    5·1 answer
  • What is the best online marketing service provider around the world?
    6·1 answer
  • BMW and United Airlines cannot be considered in the same industry analysis because they compete in different industries.
    15·1 answer
  • Heavy Products, Inc. (HPI) developed standard costs for direct material and direct labor. In 2020, HPI estimated the following s
    14·1 answer
  • Following the 2007-2009 financial crisis, many people feared that Greece might leave the euro and resume using the drachma. If t
    10·1 answer
  • · Hope's contribution to her RETIREMENT plan...
    14·1 answer
  • The richest 1% of the world's population owns more wealth than the rest of the 99% combined. True or False
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!