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3 years ago

The perfectly competitive price and output level occur where

Business

1 answer:

jasenka [17]3 years ago

7 0

Answer:

It occur where MR = MC

Explanation:

Perfectly competitive organization or firm is the one who is price taker, which states that they must accept the price at which it sells the goods to consumer.

In a firm that is a perfectly competitive, the level of output as well as the price happen where the Marginal Cost is equal to the Marginal Revenue.

It is stated as MR = MC.

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We follow these steps in order to arrive at the answer:

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So even though the interest rate on the deposit is 5%, only $1 - 35% = 65%$ will be available for use.

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We'll compute the the Present Value of the annuity of 58,000 for four years at 3.25% interest in order to determine the amount that is needed today.

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3 years ago

A marketing plan includes a number of factors, including the marketing mix.

oksian1 [2.3K]

Answer: the answer is C

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3 years ago

Consider a game with two players who cannot communicate, and in which each player is asked a question. The players can either a

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Answer:

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Reference: NomCab HSEONE. “PS8- solution.” Academia , 2019.

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Hope this satisfies your query! Have a good one :)

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Sever21 [200]

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