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Ivahew [28]
3 years ago
8

For a price-taking firm, marginal revenue Select one: a. is the addition to total revenue from producing one more unit of output

. b. decreases as the firm produces more output. c. is equal to price at any level of output. d. both a and b e. both a and c
Business
1 answer:
Ksju [112]3 years ago
7 0

Answer: Option (e) is correct.

Explanation:

Correct Option: both a and c

Marginal revenue is the amount that is added to the total revenue, this amount is created due to an additional unit of output produced by the firm.

Price taking firms are the firms which operates in a perfectly competitive market. In this type of market condition, prices are determined by market forces. Hence, the constant prices will result in unchanged marginal revenue and thus it is horizontal to the x-axis at any given price level. Price level remains the same at any level of output.

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Answer:

(D) internal locus of control; external locus of control

Explanation:

According to the behavioral descriptions from both Ryan and Micheal in the question, we can say that In marketing terms, Ryan is said to have an internal locus of control and Micheal has an external locus of control.

Internal locus of control is when people believe that they have control over the outcome of events in their lives, while people with an External locus of control usually blame an external force (higher power) for all the events happening in their lives.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
_____ studies the whole economy, such as investments made by all consumers and businesses.
Jet001 [13]
I think that it is Macroeconomics
6 0
3 years ago
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A company acquires a subsidiary and will prepare consolidated financial statements for external reporting purposes. For internal
NemiM [27]

Answer:

It is a relatively easy method to apply.

Explanation:

When accounting for a subsidiary, equity method is followed, whenever the shareholding percentage is equal or more than 20%.

But here, the parent company uses, initial value method for internal reporting.

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There is no statutory requirement to follow such initial value method for internal reporting.

The correct reason therefore, is:

It is a relatively easy method to apply.

7 0
4 years ago
The following information is available for Kinsner Corporation: Total fixed costs $313,500 Variable costs per unit $99 Selling p
Zanzabum

Answer:

The number of units that must be sold is A. 6,540 units

Explanation:

The number of units must be sold to meet the target profit figure are calculated by using following formula:

The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.

Contribution margin per unit = Sales price per unit – Variable cost per unit = $154 - $99 = $55

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3 years ago
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Answer:

making it illegal to "disturb the peace."

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The local government addresses this problem by making it illegal to "disturb the peace." This means that any form of unruly public behavior, such as fighting or causing excessively loud noise is considered a criminal offense misdemeanor. Individuals charged with this crime may face some jail time, fines, or alternative sentences such as community service depending on the laws in that jurisdiction.

6 0
3 years ago
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