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natita [175]
3 years ago
14

When a firm is operating at an efficient scale,

Business
1 answer:
Alexeev081 [22]3 years ago
7 0
I think it is C average total cost is minimized 
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If the marginal benefit of one more unit of a public good is $500 for Sam and $300 for Alex, the social benefit of one more unit
Alja [10]

Answer: $800 since the benefit of one more unit goes to both individuals.

Explanation:

The benefit of one more public good will go to both Sam and Alex. For this reason, the total benefit is the sum of the benefits that go to the both of them.

Sam benefits $500 and Alex benefits $300.

= 300 + 500

= $800

$800 goes to the both of them and so is the social benefit of one more unit of the public good.

8 0
3 years ago
16. The process of selling goods and services to a customer to earn a profit is called;
dedylja [7]

Answer:

The process of selling goods and services to a customer to earn a profit is called the marketing concept.

7 0
2 years ago
Each Cutco knife goes through 30 steps to ensure that it meets the firm's standards and provides a good value for a premium prod
Yuki888 [10]

Answer 1: Consistency in quality

Explanation: Consistency in quality means that an organization tends to brings about a an overall consistency among the employees and the goals of the company. This leads to the outcome of quality consistent product by defining developmental steps and processes.

In above scenario, the 30 steps of knife making make sure that each knife is consistent with defined quality goals of the organization and its reputation.

Answer 2: Product differentiation

Explanation: Product differentiation is a concept in which a company tends to present its products to the market in a way that it establishes a specific place in the market and in ts own product line.

The product development consists of high quality materials and the final product stands out in the market. The market of such products is very niche. The Knife Cutco is promoting, is going through the product differentiation phase.

Answer 3: Product positioning

Explanation: Product positioning is a phenomenon in which a company positions their products in the minds of the consumer. They build an imagery of their product which is thought on every mention of that product.

When Cutco decided to make a donation with every pink handled knife sold, it was creating a perception of Goodwill attached to this product. It automatically attracts the donaters and do good people in the market.

Answer 4: Promotion

Explanation: Promotion is one of the biggest reasons why a product move ahead in the priority list of the customers. It enhances the positives and hides the negatives and creates a perception in the minds of the customers.

Cutco promotes its products on the basis of its products' value, premium quality, exceptional service, and the fact it is "made in the USA." This segregates them from the rest of the market and pushes it in the front row, by creating trust and reputation.

Therefore, this represents Cutcos' promoting strategies and efforts.

8 0
3 years ago
Michael earns $3,950 every month after taxes and deductions for social security and insurance. He puts $900 a month into savings
krek1111 [17]

Answer:

Yes, Michael will afford the boat

Explanation:

So far Michael has saved $11,000.

The boats costs $30,000 to purchase.

Michael needs to raise $19,000  ($30,000 - $11,000) in two years to buy the boat.

Michael saves $900 per month. In 24 months he will have saved

=$900 x 24

=$21,600

Michael requires $19,000 but will have save $21,600 in two years. Therefore, he should be able to purchase the boat.

6 0
2 years ago
Energy is carried to earth in
Inessa [10]
From the sun to the earth.
6 0
3 years ago
Read 2 more answers
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