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erma4kov [3.2K]
3 years ago
10

If a firm is producing an output level for which marginal revenue is less than marginal cost;

Business
1 answer:
sdas [7]3 years ago
3 0

Answer:

The correct answer is option b.

Explanation:

A firm is able to maximize it's profit by producing output at the level where the marginal revenue earned from the last unit of output is equal to marginal cost incurred on it.

If a firm is operating at the point where the marginal revenue is lower than the marginal cost then the firm can maximize profit by reducing its output till the point where the marginal revenue and marginal cost are equal.

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Which document do property managers and the owners they represent sign to formalize the agency relationship?
Digiron [165]

Property management agreement is the document which is used by the owners and property managers to sign and formalize the agency relationship

An agreement for property management is made between the owner of the property and the manager who is employed to look after it. In addition to costs for upkeep, leasing, and tenant eviction, it is typical for the management to get a percentage (%) of the overall revenue made by the property.

A property owner and the organization or individual engaged to manage the property enter into a property management agreement. This agreement details the duties a management business undertakes on behalf of the owner.Good property management agreements go beyond simply outlining the roles that each party will play. They also include liability insurance.

Learn More About Property:

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7 0
2 years ago
A project has earnings before interest and taxes of $14,600, fixed costs of $52,000, a selling price of $29 a unit, and a sales
dusya [7]

Answer:

$24.09

Explanation:

[Sales units quantity × (Selling price per unit - Variable cost per unit)] - Fixed costs - Depreciation = Earning before interest and taxes

Sales units quantity 16,000

Selling price per unit $29

Fixed costs $52,000

Depreciation $12,000

Earning before interest and taxes $14,600

Variable cost per unit ?

[16,000 × ($29 - Variable cost per unit )] - $52,000 - $12,000 = $14,600

$29 - Variable cost per unit = ($14,600 + $52,000 + $12,000)/16000

Variable cost per unit = $29 - $4.91

Variable cost per unit = $24.09

6 0
4 years ago
Which element of a market economy is also used in a mixed economy?
seraphim [82]

Answer:

C

Explanation:

7 0
3 years ago
An area surrounding the incident in which persons may be exposed to dangerous and life-threatening concentrations of material is
Marat540 [252]
This is called the initial isolation zone which is a circular zone with a radius equal to the initial isolation distance within which persons may be unprotected to dangerous concentrations upwind of the source and may be unprotected to life threatening concentrations downwind of the source. Regulating distances for a detailed incident involves many inter-reliant variables and should be made only by personnel technically qualified to make such adjustments. 
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3 years ago
What is the purpose of a Quality Rating and Improvement System (QRIS) in the child care?
larisa86 [58]

THE CORRECT ANSWER IS D!


7 0
3 years ago
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